Taylor Swift has become the world’s richest female musician, according to Forbes, with an estimated net worth of $1.6 billion.
Swift’s financial success can be attributed to her sold-out global Eras tour and the value of her entire music catalogue, making her the first musician to become a billionaire solely from her songs and live performances.
Forbes estimates that Swift has earned:
$600 million from royalties and touring
$600 million from her music catalog
$125 million in real estate
This achievement ranks Swift #2,117 on the Forbes list of the world’s billionaires and #2 among musicians, surpassed only by Jay-Z’s $2.5 billion.
Rihanna, previously the world’s richest female musician with a net worth of $1.4 billion, now ranks #2,336 on the Forbes list. Her wealth was primarily attributed to the success of her Fenty Beauty line and Savage x Fenty lingerie.
Swift’s accomplishment solidifies her position as one of the most successful musicians in the industry.