Taylor Swift has officially claimed the title of the richest female musician in the world, overtaking Rihanna with a net worth estimated at $1.6 billion, according to Forbes. This significant milestone comes on the heels of Swift’s billionaire status, which she achieved in October 2023. The primary factors behind her growing wealth are the immense success of her Eras Tour and the soaring value of her music catalog.
Swift, now 34 years old, stands out as the first musician to reach billionaire status predominantly through her music and live performances. The bulk of her wealth comes from several key sources. An impressive $600 million stems from her tours and royalties, while her extensive music catalog adds another $600 million to her fortune. In addition to this, her real estate holdings contribute $125 million to her overall net worth.
With this latest achievement, Swift has surpassed Rihanna, who was previously recognized as the richest female musician. Rihanna’s wealth, while substantial, comes largely from her successful ventures in the beauty and fashion industries, particularly through her Fenty Beauty and Savage x Fenty brands. As of now, Rihanna’s net worth is estimated at $1.4 billion, positioning her just behind Swift on the Forbes billionaire rankings.
According to Forbes, Swift now ranks at #2,117 among the world’s billionaires, while Rihanna is placed slightly lower at #2,336. Swift’s impressive net worth also places her far ahead of other renowned female musicians such as Beyoncé, Madonna, and Celine Dion.
For the time being, Swift is enjoying a brief break before continuing her immensely successful Eras Tour. The tour is scheduled to resume on October 18, 2024, in Miami.