Global pop sensation Taylor Swift has officially become the world’s richest female musician, with an astounding net worth of $1.6 billion, according to Forbes. The Grammy-winning artist has surpassed fellow music mogul Rihanna, whose wealth stands at $1.4 billion, claiming the top spot on the list of richest female musicians in the world.
Swift’s wealth has skyrocketed largely due to her highly successful music career, which includes the record-breaking Eras Tour and her massively valuable music catalog. Forbes reports that her fortune includes nearly $600 million from royalties and touring, along with an additional $600 million from the value of her music catalog. Real estate investments also add to her fortune, with properties estimated at $125 million
The Eras Tour alone is projected to generate up to $4.1 billion, making it the most profitable tour in American history. Taylor Swift has completed the European leg of the tour and is set to conclude it by the end of 2024.
Rihanna, who previously held the title of the world’s richest female musician, now sits at second place with a net worth of $1.4 billion. However, unlike Taylor Swift, much of Rihanna’s wealth is attributed to her entrepreneurial ventures outside of music. Rihanna’s Fenty Beauty cosmetics line, which doubled its revenue in 2022, is a significant contributor to her fortune, alongside her stake in the Savage x Fenty lingerie line.
While Rihanna’s diversified portfolio has kept her among the wealthiest entertainers, it is Swift’s relentless focus on her music career that has led to her record-breaking ascent.
Taylor Swift is now second only to hip-hop legend Jay-Z on Forbes’ list of the world’s richest musicians. Jay-Z, who has a net worth of $2.5 billion, leads the pack thanks to his vast business empire that spans music, sports, and various other industries. Swift’s rise to second place is particularly remarkable given that her wealth is largely driven by her music, rather than outside ventures.
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