Taylor Swift now ranks No. 2 on the list of richest musicians, male or female, coming in one rung behind Jay-Z. Photo: AP
Taylor Swift got that Eras tour money, and it has launched her to the top of Forbes’ 2024 list of wealthiest female musicians.
The singer this year surpassed Rihanna on the outlet’s list of the richest female musicians, racking up an estimated net worth of US$1.6bil (RM6.9bil).
Forbes reported that Swift — who became a billionaire in October 2023 — snared the top spot because of her earnings from her blockbuster Eras tour and the value of her catalog. Notably, the 34-year-old is the first musician to become a billionaire primarily based on her songs and performances, the financial publication said.
Umbrella hitmaker and Fenty Beauty founder Rihanna, who last year held the No. 1 spot on the list, is still shining bright like a diamond. The singer has an estimated net worth of US$1.4bil, thanks in part to her successful cosmetics line — a joint venture with luxury giant LVMH — and her Savage x Fenty lingerie brand.
Swift has reportedly amassed US$600mil from royalties and touring. The parts of her catalogue that she owns are also worth an estimated US$600mil , Forbes said. In addition, she has about US$125mil in real estate.
The 14-time Grammy winner now ranks No. 2 on the list of richest musicians, male or female, coming in one rung behind Jay-Z, who is reportedly worth an estimated US$2.5bil. She’s also No. 24 on America’s Self-Made Women list and No. 14 on the Celebrity Billionaires list (as of April). – Los Angeles Times/Tribune News Service
