Taylor Swift, now worth $1.6 billion, replaces Rihanna as richest female musician

Taylor Swift has taken the crown of the richest female musician from Rihanna.

With an updated net worth of $1.6 billion, the “Fortnight” singer now holds the lofty title, according to Forbes.

The financial site said Swift’s new ranking was due to the success of her wildly popular Eras Tour and the increased value of her music catalog. She became a billionaire in October 2023, said Forbes, and the first whose fortune was mainly based on her songwriting and performing.

Her sold-out international tour, which has so far played in dozens of cities cities across the U.S., Latin America, Asia, and Europe, has earned the singer an estimated $600 million in royalties and touring, according to Forbes. The 14-time Grammy winner‘s music assets are reportedly worth north of $600 million, and her various real estate ventures come in at $125 million.