Taylor Swift took one small step for herself, and one giant leap for Swifties
TAYLOR Swift’s Eras Tour has put so much money in her pocket that she’s now one of the richest people in the world.
The Blank Space songstress was recently inducted into the Billionaires Club and is now in the Top 20 of Forbes’ World’s Richest list.
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Taylor Swift is now a part of the Billionaires ClubCredit: Getty
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Forbes recently reported that Taylor made the World’s Richest ListCredit: Getty
Forbes revealed that Taylor, 34, had reached billionaire status on Tuesday.
She was included in a comprehensive list that named her and several other celebrities who were also super rich.
Taylor landed in the middle of the list, coming in at number 14.
While performing on her Eras Tour, the pop star’s net worth has reached a whopping $1.1B.
“Miss Americana capped off one of the most culturally influential years a musician has ever had by becoming a billionaire in October,” Forbes reported on April 2.
“Her estimated $190 million post-tax earnings from her historic Eras Tour helped boost the country-and-pop musician into the three-comma club—the first person to do it based solely on songwriting and performing.”
Although the 1989 songstress was high on the list, she was still far from touching another celebrated pop star.
That pop star is Rihanna, 36.
On the new Forbes World’s Richest list, the Barbadian singer is numbered at 9.
Rihanna is worth $1.4B in comparison to Taylor’s $1.1B.
“[Rihanna] has stakes in two billion-dollar brands: cosmetics company Fenty Beauty, which she owns alongside luxury goods giant LVMH, and lingerie business Savage X Fenty,” Forbes explained.
“Both are named after the Barbados-born singer, whose real name is Robyn Fenty.”
FAN REACTIONS
On X, fka Twitter, revealed their happiness for Taylor’s latest accomplishment.
“Taylor swift, the first pure musician billionaire in history,” one fan shared on X.
“THE WORLD’S FIRST ETHICAL BILLIONAIRE,” another exclaimed.
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Taylor was placed at number 14 on the Forbes listCredit: Getty
“Incredible achievement for Taylor Swift! First musician billionaire built on music & performances. #ForbesList #MusicMogul What a story,” a third person praised.
“Superb!!!Taylor Swift you are number one,” someone else said.
LONG ROAD
while Taylor’s music catalog is worth almost $400 million, after 11 studio albums, four re-recorded albums, and three live albums, there was a time when much of this was not under her control.
After she left Scott Borchetta’s Big Machine Records, where she recorded her first six albums, her former record label in 2019 sold off a load of her masters, videos, and artwork to celebrity manager Scooter Braun without her knowledge.
Scooter, who also managed Justin Bieber and Ariana Grande, then sold these in 2020 to US-based private equity company Shamrock Holdings for $300 million, in a deal that would still see him make money off them.
But in 2019, social media whizz Taylor wrote a lengthy Tumblr post calling out Braun, and quickly got the world on her side.
Fellow US singer Kelly Clarkson then pitched in with wise advice, suggesting that Taylor re-record her albums.
Writing on Twitter, now X, Kelly, 41, said: “Just a thought, U should go in & re-record all the songs that U don’t own the masters on, exactly how U did them but put brand new art & some kind of incentive so fans will no longer buy the old versions.”
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Taylor’s net worth is valued at $1.1B, according to ForbesCredit: Getty
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Although Taylor is high up on the Forbes list, she is still behind RihannaCredit: Getty
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Rihanna came in at number 9 on the Forbes list, with a worth of $1.4BCredit: Getty
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