American pop star Taylor Swift is the newest billionaire in the entertainment world.
She acquired the billionaire status in October last year, jumping $500 million. This is thanks to earnings from her sold-out Global Eras tour and the value of her music catalog.
One year after officially becoming a billionaire, she has become the world’s richest female musician with a net worth estimated at $1.6 billion.
Billboard estimated her assets at $600 million from touring and royalties, $600 million from her catalog, and $125 million in real estate holdings.
This makes Swift the first musician to make the billionaire ranking primarily based on her songs and performances.
Rihanna’s Dominance
Her new status has created some distance between her and Rihanna, the first female billionaire musician in the world.
Rihanna became the richest female musician of all time when her net worth peaked at $1.7 billion.
Rihanna now comes second behind Swift, with an estimated net worth of $1.4 billion. The Addicted-hit singer is ranked at number 2,336 on the Forbes world list.
Her mega-fortune follows the success of her Fenty Beauty line and Savage x Fenty lingerie.
Jay Z’s Number One Streak
Swift ranks number 2 on the list of richest musicians, trailing business mogul and rapper Jay-Z, whose value is estimated to be around $2.5 Billion.
Beyonce is the next highest-ranking female musician on Forbes with a net worth of $760 million. Her husband, Jay Z is the world’s richest musician at a whopping $2.5 billion.
Other entertainment stars on the billionaires list include:
- Tyler Perry ($1.4 billion)
- Kim Kardashian ($1.7 billion
- Oprah Winfrey ($2.8 billion).
Fun Facts About Taylor Swift
- She moved to Nashville, Tennessee, at age 14 to pursue a career in country music.
- Taylor has a total of 11 Grammys (so far). A Grammy is an award presented by the Recording Academy to recognize “Outstanding Achievement in the music industry”.
- Swift has broken 58 Guinness World Records which include:
Most viewed music video online by a female (Shake It Off), fastest fastest-selling single in digital history (We Are Never Getting Back Together), and the most streamed single on Spotify in the First 24 Hours (Look What You Made Me Do).
Taylor’s record-breaking international Eras Tour began in March 2023 and is set to conclude in December.
The 149-show tour is largely credited for boosting her net worth in one year.
Taylor’s final run of Eras Tour shows resume on October 18th at Hard Rock Stadium, Miami.
