She certainly didn’t need any more accolades, but they seem to just keep coming for pop superstar Taylor Swift.
Swift’s net worth is estimated to be $1.6 billion dollars — making her the world’s richest female musician.
The title was previously held by Rihanna.
Taylor Swift is now the world's richest female musician, with a net worth of $1.6 billion. #BillboardNews pic.twitter.com/bf61ZsnSVV
— billboard (@billboard) October 8, 2024
Thanks Swift’s worldwide sold-out shows from “The Eras Tour”, the 34-year-old singer was named the top earner for female singers, surpassing Rihanna — whose net worth was reportedly $1.7 billion — but is now estimated to be $1.4 billion, according to Forbes.
Forbes also noted that Swift also jumped up in the Forbes list overall as the richest woman, going from 34th place last year to #24 this year.
Last year, Swift officially became a billionaire after her net worth skyrocketed past the $1 billion mark.
In October 2023, she became one of the few singers who managed to get into the billionaire club based on solely her music and performances.
Swift’s “The Eras Tour”, a 53-stop concert series in the U.S., which launched in March of 2023, is estimated to have added $4.3 billion to the country’s gross domestic product, according to Bloomberg.
“In addition to being a generational talent, Taylor Swift is a great economist,” Carolyn Sloane, a labor economist at the University of Chicago, said. “Taylor has great ideas, is able to scale her ideas and seems to be pretty risk-seeking.”
The report noted that Bloomberg’s analysis was based only on assets and earnings that could be confirmed or traced from publicly disclosed figures, taking into account the following: the estimated value of her music catalog and five homes, and earnings from streaming deals, music sales, concert tickets, and merchandise.
In addition to her music empire, the New York Post reported that Swift has nearly $125 million in real estate holdings, with homes in New York City, Rhode Island, Nashville, and Los Angeles.