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Taylor Swift is currently the richest woman musician in the world and she has just surpassed Rihanna. She is officially boasting a net worth of $1.6 billion, dated October 8, 2024. With this report by Forbes, Swift is currently the richest woman musician in the industry.
With a never-ending musical journey, Taylor Swift might even reach Jay-Z at this point who has a net worth of $2.5 billion in the market. It seems like pop idols can also give tough competition to hip-hop moguls when it comes to money.
Taylor Swift’s achievements are more remarkable as her net worth rose with only her musical endeavors rather than any record label or business investment. There is no doubt that the highly profitable Eras Tour is one of the biggest contributors in this case along with the re-release of her older albums.
The value of Eras Tour is somewhere around $600 million and the artist has gained even more with the help of royalties from streaming on music platforms. She also has real estate holdings worth of $125 million. It is evident that the decision to re-record her old albums was beneficial and the six albums helped her earn even more than the previous releases. Her Eras Tour will continue to Miami on October 18.
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When it comes to the net worth of a music artist, many have pointed out the fact that most music artists invest in different business ventures which allows them to earn a significant amount of passive income. Considering Rihanna’s musical career, the singer has not dropped a single album since 2016 yet she is one of the most successful women in the industry. Previously, she was on the top of the list with $1.4 billion the record is now broken by Swift.
Similarly, there is Jay-Z who is one of the most successful personas in the hip-hop industry. But most of his net worth comes from investments in companies and brands like Armand de Brignac champagne, D’Ussé cognac, Uber, and Tidal.
Taylor Swift’s musical career became more successful in a way that allowed her to receive the same support and appreciation as it is the first time even though she re-released the projects. Thanks to the Swifties and their support that makes the artist successful and the richest.
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