Taylor Swift overtakes Rihanna as world’s richest female musician

American singer and songwriter Taylor Swift has become the richest female musician in the world, overtaking the Barbadian singer and businesswoman, Robyn Rihanna Fenty, popularly known as Rihanna.

The 34-year-old Taylor Swift is the first female to enter the billionaire league solely from her songs and music performances.

This was confirmed on Monday by Forbes, naming the newest richest female musician in the world with a net worth of $1.6 billion.

Forbes acknowledged the pop star’s financial victory primarily to her sold-out Global Eras tour and the value of her entire music catalogue, making her the first musician to become a billionaire from her songs and live performances.

Part of her fortune includes close to $600 million from royalties and touring, another $600 million from her music catalogue, and some $125 million in real estate.

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