With a whopping $1.6 billion in net worth, Taylor Swift has now surpassed Rihanna to become the richest female musician in the world. Swift, who is well-known for her successes that reach the top of the charts and her tours that shatter records, has become incredibly wealthy over the course of her career, which is uncommon among today’s wealthiest singers.
A Billionaire Powered by Music
Taylor Swift’s success in business is mostly a result of her musical accomplishments, in contrast to many other artists who branch out into other industries. Swift, 34, became a billionaire in October 2023 with a net worth of $1.1 billion, and by October 2024, that figure had increased to $1.6 billion, according to Forbes.
Her $600 million music catalogue and her record $2 billion-grossing Eras Tour have both made significant contributions. Swift has become the richest female singer in the world by earning an additional $600 million from touring and royalties.
The Eras Tour, which brought in over $2 billion in revenue, and her $600 million music library have both made significant contributions. Swift has become the richest female singer in the world by earning an additional $600 million from touring and royalties.
Rihanna’s Reign and Fenty’s Success
Prior to this, Rihanna, whose net worth was $1.4 billion, was the richest female musician. Even though Rihanna hasn’t put out a record since Anti in 2016, her business empire—especially her insanely popular Fenty Beauty line—has contributed significantly to her wealth. With a $2.8 billion valuation, Rihanna controls 49.9% of Fenty Beauty, which makes a substantial contribution to her riches.
