The 'Summer' hitmaker - who's dating pop-star Taylor Swift - has topped Forbes Magazine's annual list of highest paid earners, raking in an estimated $66 million last year in pre-tax earnings between June 2014-June 2015.

His staggering wage is far more than the second highest paid DJ, David Guetta, who made $37 million last year from his residencies in Las Vegas and Ibiza and headline slot at this year's Coachella Festival in California.

Dutch DJ Tiesto came third on the list with $36 million whilst Skrillex and Steve Aoki - who both earned $24 million - followed in joint fourth place.

Calvin's haul - which surpassed 'Hunger Games' star Jennifer Lawrence who is the world's highest paid actress earning $52 million in the same period - comes from the sale of his debut 2014 LP 'Motion' which reached the top of U.S. dance charts and the his modelling stint for Giorgio Armani for underwear, eye wear and watch lines, as well as his own Las Vegas residency.

He told Forbes: ''The rise of dance music has been astronomical... I happened to be in the right place at the right time.''

Forbes said: ''He's had a pretty good year at the office.''