October 13 ------ Taylor Swift is now the world's richest female musician. Citing Forbes Magazine, “Balitanghali” reported on Thursday that the American pop star now has a net worth of $1.6 billion, a $500 million increase from her estimated net worth of $1.1 billion in October 2023.
Taylor's net worth skyrocketed due to the huge success of her "The Eras Tour" and music catalog. Per the magazine, her net worth comprises nearly $600 million in royalties and tours, a music catalog worth another estimated $600 million, and approximately $125 million in real estate. In 2023, Forbes estimated that Swift earned $190 million from just the first leg of her ongoing "Eras Tour."
Following Taylor is Rihanna, whose net worth is estimated to be at $1.4 billion, with the large chunk of her wealth coming from her fashion brands Fenty Beauty and Savage X Fenty. Meanwhile, Madonna and Beyonce placed third and fourth, with an estimated net worth of $850 million and $760 million, respectively.
In April, Taylor was officially declared a billionaire by Forbes. In 2023, "The Eras Tour" set a new record as it became the first tour in history to earn over $1 billion in ticket sales in 60 dates from March to November. The tour is in support of her 2022 album “Midnights.”
Source: gmanetwork.com
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