Taylor Swift was honored by Forbes as the richest female musician
Recently, Forbes magazine officially announced Taylor Swift as the richest female artist in the world. With a net worth of up to 1.6 billion USD, the “country music princess” has proven that her charisma and influence go beyond music.
The resounding success of the Eras Tour is the factor that helped Taylor Swift climb to the peak of fame and wealth.
This tour is considered a “million-dollar money printing machine”, not only bringing her a large amount of revenue from ticket sales, but also creating a strong spillover effect.
Besides, the massive music catalog includes huge hits and best-selling albums, which is also a stable and sustainable source of income for Taylor Swift.
Taylor Swift made it to Forbes’ list of billionaires
According to the latest update from Forbes, Taylor Swift’s assets currently reach $1.6 billion, an increase of $300 million compared to the end of May.
Previously, Taylor Swift’s record-breaking The Eras Tour brought her to billionaire status by 2023.
Her assets include $600 million from music sales and royalties, another $600 million from albums she re-released in 2021, labeled Taylor’s Version, and about $125 million from estate with five homes across the United States.
Thus, singer Blank Space has surpassed Rihanna (1.4 billion USD) in the list of richest female stars, but is still behind Kim Kardashian (1.7 billion USD) and “television queen” Oprah Winfrey (3 billion USD).
Recently, Selena Gomez, Swift’s close friend, also joined the race with a fortune of $1.3 billion.
In just one year, the fortune of the owner of many Grammy awards has increased rapidly thanks to the world’s highest-grossing tour Eras Tour. According to Rolling Stone, the tour helped the female singer earn more than $1 billion.
Not only did she achieve huge sales, she also broke records with the release of her album. The latest album, The Tortured Poets Department, debuted at No. 1 on the Billboard 200 chart, staying at the top for 15 weeks after its release.
Up to now, this is the most sold album this year with more than 2.4 million copies.
In October 2023, Bloomberg Financial Company confirmed that Swift owns a net worth of about 1.1 billion USD thanks to earning hundreds of millions of dollars from selling music copyrights and touring.
