TaylorSwiftWomanYear230.jpgTaylor Swift is just 21, but she's already been named Woman of the Year by Billboard.

The multiplatinum singer/songwriter is the youngest person ever to get the award, which in the past has gone to Beyonce, Reba McEntire and Fergie.

She'll be honored at the Billboard Women In Music 2011 event in NYC Dec. 2.

Swift was the youngest person ever to win the Album of the Year Grammy -- she won for Fearless in 2010. She has also won ACM, CMA and AMA awards.

She's currently on a national tour for Speak Now, which has sold more albums than any other artists this year.