Taylor Swift reached a new milestone in her career by becoming the richest female music artist in the world, according to reports Forbes. With a net worth estimated at $1.6 billionhas surpassed Rihannawho occupies second place with a fortune of US$1.4 billion.
The American singer’s rise to the top of this list is mainly attributed to her income from music and live performances.
His fortune includes approximately $600 million in royalties and tour earnings, as well as a music catalog valued at another $600 million.
In addition, it owns real estate worth an estimated US$125 million, distributed across five properties in the United States.
The tour Swift’s Eras Tourstarted in March 2023, has been a key factor in this financial achievement. According to Rolling Stone magazine, It is the tour with the highest sales worldwidegenerating more than a billion dollars.
It is estimated that around 4.3 million tickets have been sold at an average price of US$238. The tour, which began in March 2023, is scheduled to conclude in December after 149 shows.
Taylor’s success is not limited to live concerts. His latest album, The Tortured Poets Departmentdebuted at number one on the Billboard 200 and held that position for 15 weeks since its release in April.
In the first half of 2024, the album sold more than 2.4 million copies, surpassing any other musical project this year.
Swift was also working on re-recording her first five albums, a project started in 2021 to recover ownership rights to your music after Scooter Braun sold his masters for more than $300 million in a controversial deal.
To date, the 34-year-old singer-songwriter has released four of six planned re-recordings.
In the general panorama of the richest musicians, Jay-Z tops the list with a net worth of US$2.5 billion.
The singer Beyoncewife of Jay-Z, is the next female artist on the list after Swift and Rihanna, with an estimated fortune of US$760 million.
Taylor Swift reached the billionaire status for the first time in October 2023, and since then his assets have increased by US$500 million.
Other artists and personalities on the billionaire list include: Tyler Perry (US$1.4 billion), kim kardashian (US$1.7 billion) and Oprah Winfrey (US$2.8 billion).
Forbes notes that Swift is “the first musical artist to enter the billionaire ranking primarily based on her songs and performances”.
The financial success of the Grammy winner is also reflected in the performance of your re-recordings.
According to Billboard, the new versions of their songs, known as “Taylor’s Versions”, significantly outperform the originals on streaming platforms.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
