Taylor Swift has been a household name in the music industry since entering the country scene during her teenage years. Her initial success has lead to a long list of successful albums and hit songs. Overall, her music has led her to become the richest female singer with a net worth estimated at $1.6 billion according to Forbes. Between her music and live shows, this number will only continue to grow exponentially.
Sources of Wealth
Swift’s fortune comes from roughly $600 million from royalties and touring and a music catalog worth roughly $600 million. She also owns roughly $125 million in real estate from her five homes across the United States. Swift officially reached billionaire statue in October 2023 thanks to her sold-out Eras Tour and music catalog.
Swift took the top spot from Rihanna, 36, with an estimated net worth of $1.4 billion thanks to her successful Fenty Beauty and Savage x Fenty lines. While she may be the top for female artists, she only sits behind Jay-Z, who has a net worth of $2.5 billion.
Swift’s Recent Success
According to Rolling Stone, Swift’s Eras Tour is the highest-selling tour worldwide. It is estimated that the tour has earned more than $1 billion. Swift sold about 4.3 million tickets at an average price of $238. The high demand for tickets has even forced Congress to question Ticketmaster’s hold on concert sales.
In addition to her numbers on tour, she is also breaking records with her albums. In 2021, Swift began releasing re-records for her first five albums in order to regain ownership rights to them. This came about after Scooter Braun sold her masters for more than $300 million in a widely debated deal. Swift’s newest album, “The Tortured Poets Department,” debuted at No. 1 on the Billboard 200. This album stay on the top of the charts for 15 weeks after its release in April. Roughly 2.4 million copies of the album were made in pure sales in just half of 2024 alone.
Swift’s latest achievement further sets herself apart from other musicians of today. She is now the only musician in history to achieve billionaire status primarily through her album sales and live performances. Her immense wealth was built without business ventures outside of music.
Future Prospects
As one could imagine, Swift’s wealth will only continue to grow. With her Eras tour continuing this month and even more re-recorded albums to be released, her net worth is more likely to grow. This growth will help her surpass Rihanna’s peak net worth of $1.77 billion, which would cement her status as the richest female musician of all time.
