What is Taylor Swift’s net worth? The singer surpasses Rihanna as the richest musician in the world

Taylor Swift is officially the richest musician in the world, with a projected net worth of $1.6 billion (£1.2 billion).

Earlier this year, Swift appeared on Forbes’ annual billionaires list for the first time. On October 5, the publication revised Swift’s net worth to reflect its growth in light of her incredible Eras Tour and the continued appeal of her catalog.

According to the publication, Swift has overtaken Rihanna, who is worth $1.4 billion (£1 billion), to become the richest artist.

Nevertheless, Forbes claims that Rihanna still holds the title of “richest musician of all time” as her net worth was previously estimated at $1.77 billion (£1.3 billion).

Swift is also second on the list of the world’s richest musicians, followed by Jay-Z, who is worth an estimated $2.5 billion (£1.9 billion).

Forbes reported that the superstar earned $600 million (£457 million) from tours and royalties, as well as an additional $600 million from his catalogue.

Swift’s income stream appears to be steadily growing. The Taylor’s Version albums (music on her new label that she owns and can profit from) have been huge successes in their own right. All three re-recordings debuted at number one, and each performed better than the last.

Swift has taken a strategic approach, investing in a property portfolio worth $84 million (£69 million) and frequently donating to the causes she supports and those in need.

What is Taylor Swift’s net worth?

According to Forbes, Swift’s total net worth is now $1.6 billion (£1.2 billion). Forbes says Swift is the first artist whose billionaire ranking is based primarily on her songs and performances.

Where do her sources of income come from?

According to Forbes, her music catalog is worth $600 million (£457 million), with around $125 million (£95 million) in real estate and almost $600 million in royalties and tour earnings.

The singer has also worked with huge brands throughout her career such as Coca-Cola, CoverGirl, Keds, AT&T, Target and Sony Electronics.

Who are the richest singers in the world?

Every year (since 1987), Forbes presents a list of the highest-paid musicians.

In 2019, the highest-paid musician was Taylor Swift, who earned $185 million (£153 million) (earnings adjusted for inflation – $212 million, or approximately £175 million).

In 2020, it was rapper, songwriter and fashion designer Kanye West, who earned $170 million (£140 million) (inflation-adjusted earnings – $192 million, approximately $158.5 million).

In 2021, the crown was taken by rock singer, songwriter and guitarist Bruce Springsteen, who earned $435 million (£359 million) (inflation-adjusted earnings – $470 million, approximately £388 million).

In 2022, the title remained in the same genre, with rock band Genesis earning $230 million (£190 million).

(*Conversions in Pounds Sterling are converted at the current exchange rate)