Taylor Swift Becomes the World’s Richest Female Musician Surpassing Rihanna
In a remarkable achievement, Taylor Swift has officially overtaken Rihanna to become the world’s richest female musician, with a net worth of $1.6 billion, as confirmed by Forbes on October 7, 2024. At just 34 years old, Swift is the first artist to reach billionaire status solely through her music, underscoring the immense value of her extensive music catalogue and the success of her recent Eras tour.
Forbes attributes Swift’s financial success primarily to her sold-out global Eras tour and the impressive worth of her entire music catalogue. The pop superstar’s wealth is composed of nearly $600 million from royalties and touring, another $600 million from her music catalog, and approximately $125 million in real estate investments.
Swift’s new billionaire status places her at #2,117 on the Forbes list of the world’s billionaires. This milestone allows her to surpass other prominent female musicians, including Madonna, valued at $850 million, Beyoncé at $760 million, Celine Dion at $550 million, and her predecessor, Rihanna, who has a net worth of $1.4 billion.
Rihanna, now ranked #2,336 on the updated Forbes list, was previously the richest female musician, with a peak net worth of $1.7 billion, primarily attributed to the success of her Fenty Beauty line and Savage x Fenty lingerie.
With this significant achievement, Taylor Swift is now the second richest musician in the world, following Jay-Z, who boasts a net worth of around $2.5 billion. This milestone highlights Swift’s exceptional talent and business acumen in the music industry.