Starting her career at the age of 16 with a self-titled album, Taylor Swift slowly established herself as one of the most well-known faces in the music industry. With ten albums under her credits, the record-breaking sales of the projects made her commercially successful with a whopping net worth of $1.1 billion.
The latest development states that Forbes added Swift to their list of billionaires for 2024. Despite her popularity among the public and her influence on pop culture, Swift might have to wait for some time to get the title of the richest musician. It currently belongs to Jay-Z, who stands on top of everyone along with Rihanna, whose net worth is $1.7 billion and known as the richest female musician.
There is a huge gap between all three in terms of their net worth, and Jay-Z has the highest figure, which is $2.5 billion. It is worth noting that Rihanna is equally successful as Jay-Z due to her association with multiple brands.
Taylor Swift earns less in comparison to Jay-Z and Rihanna
Taylor Swift’s latest achievement can be credited to the response to Taylor Swift: The Eras Tour, which made more than $200 million at the box office in 2023. The tour, which also started the same year, has been breaking records in ticket sales and Swift earned $75 million from the deal she made with Disney+ for her film’s streaming rights.
Although Swift has added another achievement to her list with the film’s success, she has not made enough to get the first spot among the wealthy personalities. Swift’s name was added in the 14th position, which is the last in the list of Forbes after Dick Wolf. Jay-Z was not the first, finishing at fifth due to the kind of investments he has made in recent years.
Also known as Shawn Corey Carter, Jay-Z achieved the status of a billionaire in 2020 and his net worth witnessed a rise last year. According to CelebrityNetWorth, he sold an estimated portion of 25.1% in the company D’Usse, which was worth $750 million, to Bacardi based on the deal they made during its launch in 2012. Furthermore, Jay-Z has reportedly earned $34 million per year which takes his earnings up to $54 million in the past 13 years.
While Rihanna is not the richest musician, her career as an entrepreneur and the long lineup of music projects is the reason she is counted among the richest personalities. She even bought multiple properties in different cities including Los Angeles, where she paid $21 million for a house. Among the luxurious mansions, two of them are located in Beverly Hills.
Taylor Swift’s ongoing tour has contributed to an increase in her earnings
Various Taylor Swift songs that were released many years ago continue to trend on streaming platforms. She began preparing for an album when she was 14 and it unexpectedly turned out to be a big breakthrough for her. The journey continued and she has been delivering the best albums for more than 20 years.
She is already making headlines with the Eras Tour which celebrates the success of her 10 albums so far. With more than 100 shows, Taylor is expected to get profits of almost $600 million (via CelebrityNetWorth). On the other hand, she even received $130 million from the overall earnings of her film.
Taylor Swift was earning $170 million in 2016 and it increased to $64 million by 2020. She also earns from her endorsements and purchased luxurious houses in places such as Nashville and Rhode Island, with the best facilities, including multiple bedrooms.
While her net worth is in a figure of billions, her upcoming album, Tortured Poets Department is expected to bring some changes to it. According to Billboard, the new project is arriving on April 19, 2024, with 16 songs in the entire soundtrack. There are two singles in the list where Taylor Swift has collaborated with Post Malone and Florence + Machine.
