Forbes named the richest singer in the world: she has more money than Rihanna

Taylor Swift, 34, has become the richest singer in the world, according to Forbes. Her net worth is over $1.6 billion, which is $200 million more than the fortune of pop artist Rihanna.

It was the Eras world tour and the sale of music albums that gave Taylor Swift the opportunity to enter the list of the richest people in October 2023. According to Forbes, the celebrity is currently ranked 2545th among the world's billionaires.

At the beginning of April, her net worth was $1.1 billion, and in 6 months it increased by half a million. Taylor Swift is now at the top of the list of the richest female musicians, but she still competes with rapper Jay-Z, whose net worth is estimated at $2.5 billion.

It is known that the pop singer made her debut in 2006, but she became most popular only in 2023. She made her fortune thanks to her latest sixth Eras music tour, recognition as TIME magazine's Person of the Year 2023, and some cautious but confident steps in her career development.

In particular, Swift became the first musician to earn her fortune mainly through songs and concerts. 125 million dollars is the value of the artist's real estate, and the rest is her career: fees from performances and tours and her music catalog.

Taylor Swift has earned about $130 million from Spotify alone. Her tracks are also available on other music services, such as Apple Music, YouTube Music, and Amazon Music, and the total amount is about $160 million.

The singer's early success was probably due to the help of her parents. Her family was upper middle class, and this greatly influenced the development of the future star. Her father Scott Swift worked as a stockbroker, and her mother Andrea Swift was a marketing manager at an advertising agency, which brought in a net worth of $10 million.

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