Pop superstar Taylor Swift has been named the richest female musician in the world, with a net worth of $1.6 billion, according to Forbes. The 34-year-old singer’s financial success surpasses that of previous titleholder Rihanna, whose estimated worth has declined to $1.4 billion.
Swift’s fortune skyrocketed thanks to her highly successful Eras Tour and album releases. In October 2023, her wealth crossed the $1 billion mark, with Bloomberg reporting that her earnings came primarily from music sales and live performances—a rare achievement in today’s streaming-dominated music industry. Forbes projects that the Eras Tour alone could generate $1.5 billion by the time it concludes.
The tour, which kicked off in Arizona in March 2023, has seen Swift perform across the U.S. and internationally. It is set to finish in December 2024 after another leg in the U.S.
Swift’s financial success was further bolstered by her decision to release the Eras Tour concert film exclusively in theaters, earning $92.8 million in its opening weekend.
Branding expert Doug Eldridge previously commented on Swift’s business acumen, saying, “She’s riding the tech wave, monetizing her talent in an era where many artists are losing revenue due to digital downloads.”
Swift’s wealth and influence have been described as groundbreaking, particularly for female musicians. Dr. Sonja Stribling, a retired U.S. Army Major, noted, “It’s not just about the money, but about paving the way for others. Taylor and Beyoncé are setting the bar high for women in the industry.”
