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American singer-songwriter Taylor Swift is now the wealthiest female musician in the world with an estimated net worth of $1.6 billion.
Taylor Swift overtook previously-wealthiest female musician Rihanna mainly due to the success of her Fenty Beauty and Savage x Fenty brands. Rihanna’s wealth is now worth $1.4 billion, according to Forbes.
Swift, 34, became the first musician to become a billionaire solely based on the value of songs and performances in 2023.
Forbes estimates her music catalog is worth $600 million, and her tours and royalties have pocketed her another $600 million. She also owns an estimated $125 million in real estate.
Her jump to billionaire status was driven largely by her ongoing Eras Tour, which began in March 2023 and is set to conclude in December.
Last year, Forbes estimated the first leg of the Eras Tour alone earned her $190 million. The Eras Tour became the first ever concert tour to surpass $1 billion in total gross