Recently, Forbes updated the real-time net worth of American singer and songwriter Taylor Swift, currently at 1.6 billion USD as of October 6, 2024.
Taylor Swift has surpassed Rihanna (net worth 1.4 billion USD) to rise to the number 1 position on the list of America's richest female artists.
The “Fortnight” singer was recognized by Forbes as a billionaire in October 2023 with a net worth of approximately $1.1 billion. Notably, Taylor Swift became a billionaire solely thanks to revenue from The Eras Tour and other musical activities.
Forbes emphasized that Taylor Swift is the first artist to enter the billionaire rankings based primarily on music composition and performance activities.
Her fortune does not come from profitable side businesses (beauty brands, fashion brands, wine investments…), which have been typical paths for entertainers to become billionaires in recent years.
Taylor Swift's current fortune has grown to $1.6 billion, including nearly $600 million accumulated from royalties and touring, and an estimated $600 million worth of music catalogs.
Her Eras Tour set a record in December 2023, becoming the first tour to gross more than $1 billion in ticket sales, according to Pollstar. It is expected to gross more than $2 billion by the end of the year.
In April, Taylor Swift released her latest album “The Tortured Poets Department” with 31 songs, breaking the streaming record set by her own album “Midnights” in 2022.
Top 5 richest female artists in America today:
1. Taylor Swift: $1.6 billion
2. Rihanna: $1.4 billion
3. Madonna: $850 million
4. Beyonce: $760 million
5. Celine Dion: $550 million
