Taylor Swift has officially surpassed Rihanna to become the world’s richest female musician, with an estimated net worth of $740 million. This milestone is largely attributed to the immense success of her recent tours, particularly the Eras Tour, which has set box office records.
Rihanna, who previously held the title, has an estimated net worth of around $1.4 billion, significantly bolstered by her ventures in cosmetics and fashion with Fenty Beauty and Savage X Fenty. Despite this, Swift’s rise in the music industry and her lucrative business endeavors, including music sales and endorsements, have propelled her to the top of the list among female musicians.
Both artists continue to make significant impacts in the entertainment industry, but Swift’s current financial status highlights her dominance in the music scene.
Forbes attributes Taylor Swift’s financial success mainly to her record-breaking Eras Tour and the overall value of her extensive music catalog. This achievement positions her as the first musician to reach billionaire status through earnings derived from her songs and live performances. Swift’s ability to capitalize on her artistry and connect with fans worldwide has significantly contributed to her remarkable financial standing.
Taylor Swift’s fortune comprises nearly $600 million from royalties and touring, an additional $600 million from her music catalog, and approximately $125 million in real estate holdings. On the Forbes list of the world’s billionaires, she ranks #2,117. In surpassing several prominent female musicians, Swift has now overtaken Madonna, valued at $850 million, Beyoncé at $760 million, Celine Dion at $550 million, and Rihanna, who remains at $1.4 billion.
Rihanna, now ranked #2,336 on the updated Forbes world list, has been unseated as the world’s richest female musician, with her net worth peaking at $1.7 billion, largely due to the success of her Fenty Beauty line and Savage x Fenty lingerie. With her current net worth, Taylor Swift has positioned herself as the second richest musician globally, following Jay-Z, who is valued at approximately $2.5 billion.