Taylor Swift has officially become the richest female musician in the world with an estimated net worth of $1.6 billion. With this new milestone, the pop star has overtaken Rihanna ($1.4 billion net worth) and is currently behind Jay-Z ($2.5 billion net worth) in the overall list of richest musicians.
Swift may soon be able to surpass Rihanna for the title of “richest female musician ever” with a maximum net worth of $1.77 billion.
Forbes verified the information by providing an update on Swift’s financial situation following the historic success of her Erasure Tour.
According to Forbes, $600 million of Swift’s wealth comes from tour earnings and royalties, another $600 million from the value of her music library and $125 million from real estate investments.
Swift is also said to have earned $100 million in royalties from Spotify streaming in 2023 alone, largely due to her 2022 album “Midnights” and her 2023 re-recording of “1989,” “1989 (Taylor’s Version)” .
A look at Swift’s property and her upcoming tours
Unlike many other musicians, Swift’s wealth is derived exclusively from her music career. She is the only artist in history to reach a 10-figure net worth primarily from album sales and live performances, as opposed to commercial endeavors.
He achieved billionaire status for the first time in October 2023.
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Their Eraaz Tour is set to conclude later this year, with the European leg concluding in August. She will begin her final leg in the United States on October 18, before finishing the Eraz Tour in Canada in early December.
The pop sensation recently endorsed US Vice President Kamala Harris in the White House race, angering Donald Trump, who said the artist will “pay a price” for it.
In her statement, the singer took aim at Trump for posting his fictional AI images, which were allegedly endorsed by the singer and her followers.
Subsequently, an angry Trump declared on social media, “I hate Taylor Swift.”