Taylor Swift Surpasses Rihanna To Become The World’s Richest Female Musician

Taylor Swift has surpassed Rihanna as the richest female musician in the world. According to Forbes , her net worth is recognized as $1.6 billion. Demand for the “Love Story” performer’s Eras tour and the value of her music catalog helped usher her into billionaire status in October 2023.

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Swift is the first musician named to the billionaire list primarily based on her songs and performances. This includes nearly $600 million amassed from royalties and touring, plus a music catalog worth an estimated $600 million and some $125 million in real estate.

According to Bloomberg in 2003, Swift’s 53 US concerts added an estimated $4.3 billion to the country’s gross domestic product with impact from income tax, tour production and travel costs, and commissions paid to managers and agents.

Rihanna previously held the number-one spot with a net worth of $1.4 Billion. According to Forbes, her wealth is largely due to her ventures outside of music, notably her cosmetics line Fenty Beauty, which doubled its revenue in 2022. Additionally,  she owns a 28% stake in the Savage x Fenty lingerie line, which raised $125 million in a funding round in January 2022.

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The annua l celebrity billionaires list released by Forbes in April 2024 included several familiar names including Oprah Winfrey, Michael Jordan, JAY-Z, Tiger Woods, and LeBron James.

Star Wars director George Lucas stands as the world’s richest celebrity. Holding the status since 1997, his current net worth is reported as $5.5 billion.

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