After reportedly becoming a billionaire last year thanks to her juggernaut Eras Tour, Taylor Swift is now putting some distance between herself and other musical moguls. According to Forbes magazine Swift, 34, has surpassed Rihanna to become the world’s richest female musician with a net worth estimated at $1.6 billion.
The financial magazine said after Swift became a billionaire in Oct. 2023 thanks to earnings from her sold-out global Eras tour and the value of her music catalog, it noted that she’s the first musician to make the billionaire ranking primarily based on her songs and live performance.
Among Swift’s estimated assets are $600 million from touring and royalties, as well as $600 million from her catalog and $125 million in real estate holdings.
The calculation of Swift’s wealth put her at No. 2,117 on the Forbes list of the world’s billionaires, ahead of such fellow female icons as Dolly Parton ($450 million), Barbra Streisand ($460 M), Celine Dion ($550 M), Beyoncé ($760 M), Madonna ($850 M) and Rihanna ($1.4 billion).
Rihanna, in fact, is now just behind Swift (at No. 2,336 on the Forbes world list), with a mega-fortune thanks mainly to the success of her Fenty Beauty line and Savage x Fenty lingerie; at one point Rihanna held the title of the richest female musician of all-time when her net worth peaked at $1.7 billion.
Read the full story at msn.com