Taylor Swift is now the richest musician in the world, narrowly overtaking Rihanna for the top spot.
According to ForbesSwift, who reached billionaire status late last year, has seen her net worth increase as a result of her successful run Ere tour. Swift holds the record for the highest-grossing tour ever, grossing more than $2 billion for 125 shows, or approximately $16 million per show.
The “Bad Blood” singer, 34, is now worth an estimated $1.6 billion.
Taylor Swift is officially a billionaire thanks to her Eras tour, song catalog and real estate portfolio: report
Taylor Swift attends the MTV Video Music Awards in New York in September 2024.
Jamie McCarthy/WireImage
In addition to the tours, Swift’s increase in wealth also comes from her catalog valued at $600 million, an additional $600 million in royalties and about $125 million in real estate from her multiple homes across the United States, Forbes reports.
Her film Eras Tour was also successful, earning over $261 million at the box office since its release in October 2023.
Swift made headlines after announcing that she would re-record all of her old albums in order to retain the authors, masters and royalties of her music. Since then, her “Taylor’s Version” recreations of the songs have been successful. “I think artists deserve to own their work,” she said in 2019 Good morning America interview. “I just feel very passionate about it.”
Selena Gomez feels ‘grateful’ to reach billionaire status, but thinks it’s ‘tasteless to talk about money’
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Rihanna in London in September 2024.
Dave Bennett/Getty Images
The previous holder of the title of the richest musician in the world was Rihanna.
The R&B singer’s successful cosmetics line Fenty Beauty and underwear line Savage X Fenty make up the bulk of her fortune. Rihanna (36) has not released an album in almost a decade since 2016. ANTI.
Despite this, her 2007 album Good Girl Gone Bad spent three years on the Billboard 200.
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Source: HIS Education