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Taylor Swift has been named Billboard's woman of decade, BBC reported.

"Women in music are not allowed to coast," she observed. "We are held at a higher, sometimes impossible-feeling, standard. I’ve seen a lot.”

The star also took first place in the Forbes ranking as the highest paid musician in the world.

Billboard magazine also announced Woman of the Year - 17-year-old singer Billie Eilish. She admitted that she felt weird because she received an award at such an early age, and added that other women in the industry helped her.

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