American Pop star and musician, Taylor Swift has become the world’s richest female musician with an estimated net worth of $1.6 billion, surpassing Rihanna.
Swift’s wealth primarily comes from her music career, including her record-breaking Eras Tour and a highly valuable music catalogue. She is second only to Jay-Z on Forbes’ list of richest musicians.
Taylor Swift’s Net Worth
According to Forbes, as of October 8, 2024, Swift’s estimated net worth surpassed that of Rihanna whose net worth is at $1.4 billion. Hip-hop legend Jay-Z is the leading richest musician with the highest net worth at $2.5 billion.
The Grammy-winning singer is the first musician to achieve billionaire status mainly through her songs and performances.
“Her fortune includes nearly $600 million amassed from royalties and touring, plus a music catalog worth an estimated $600 million and some $125 million in real estate,” Forbes adds its rankings.
In addition to this, she earns $600 million from royalties and touring, complemented by around $125 million in real estate assets, Forbes stated.
The Eras Tour is estimated to be the most profitable in American history as it is projected to generate up to $4.1 billion for the singer.
Swift has finished the European part of her Eras Tour and will wind up the tour by the end of 2024.
Rihanna previously held the number-one spot for richest female musicians with a net worth of $1.4 Billion. Forbes reported that Rihanna’s wealth is largely due to her ventures outside of music, notably her cosmetics line Fenty Beauty, which doubled its revenue in 2022. Additionally, she owns a 28% stake in the Savage x Fenty lingerie line, which raised $125 million in a funding round in January 2022.
