Taylor Swift becomes second richest artist in the world and richest woman in music

Taylor Swift has reached a significant milestone by becoming the richest woman in the music industry, according to Forbes magazine.

With a fortune valued at an impressive US$1.6 billion (around R$8 billion), the singer consolidates her financial position amid the resounding success of “The Eras Tour” and the lasting popularity of her vast catalog of songs. This review was updated on October 5, 2024.

On the global stage, Swift He is the second richest person among musicians, behind only Jay-Z, who has an estimated net worth of US$2.5 billion. When overcoming Rihannawhose fortune is currently estimated at US$1.4 billion, TaylorSwift reaffirms its influence in the world of music business.

It is worth remembering that Rihanna holds the historic title of “richest woman in music of all time”, having reached the US$1.77 billion mark at her peak.

The financial trajectory of Swift was significantly boosted by earnings estimated at US$600 million from royalties and touring, in addition to another US$600 million from the sale of its music catalogue. An essential part of this strategy involved re-recording their albums to recover the rights to their original recordings, according to Rolling Stone Brasil.

Extra income

Additionally, the artist has accumulated around US$125 million in real estate investments and approximately US$100 million in royalties from streaming platforms, highlighting recent releases such as “Midnights” (2022) and “1989 (Taylor’s Version)” (2023 ).

“The Eras Tour” deserves to be highlighted for becoming the first tour in history to surpass the US$1 billion mark in box office revenue. The European leg of the tour concluded in August 2024 with five sold-out shows at London’s iconic Wembley Stadium, further consolidating the artist’s status in the pantheon of entertainment billionaires.