Move over, Rihanna: Taylor Swift is now the richest female musician with $1.6 billion net worth but by how much?

She never goes out of style.Taylor Swift has officially surpassed Rihanna as the richest female musician in the world.An update from Forbes revealed that Swift, 34, is now worth $1.6 billion.Meanwhile, Rihanna, 36, is worth $1.4 billion.Swift became a billionaire in October 2023 thanks to her massively popular Eras Tour and her music catalog.The “Anti-Hero” singer has $600 million from royalties and touring while her music catalog is also worth an estimated $600 million, according to Forbes.Plus, Swift has an estimated $125 million in real estate holdings.She has homes in Rhode Island, New York City, Nashville and Los Angeles.Her Eras Tour has grossed over $2 billion as of earlier this year.

The tour started in March 2023 and ends in December.Rolling Stone previously reported that the Eras Tour is the highest-selling tour worldwide.

The high demand for tickets to Swift’s shows led to a Congressional hearing over Ticketmaster.The pop star has 11 studio albums, including “The Tortured Poets Department” which came out in April and broke streaming records on Spotify.She also has four rerecorded albums (“Fearless: Taylor’s Version,” “Red: Taylor’s Version,” “Speak Now: Taylor’s Version” and “1989: Taylor’s Version”) and is expected to rerecord two more albums (“Taylor Swift” and “Reputation”).Swift’s recent success led to her being named Time’s 2023 Person of the Year.“Nothing is permanent,” she said in her interview with the magazine last year.

“So I’m very careful to be grateful every second that I get to be doing this at this level, because I’ve had it taken away from me before.”“There is one thing I’ve learned: My response to anything that happens, good or bad, is to keep making things.Keep making art,” the “Cruel Summer” singer added.Swift currently ranks No.

2,117 on Forbes’ list of the world’s billionaires.Elon Musk tops that list with a $261 billion net worth.

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