American singer and songwriter Taylor Swift has emerged world’s richest female musician after surpassing Barbadian singer and businesswoman, Robyn Rihanna Fenty, popularly known as Rihanna.
Forbes Magazine, on Monday, confirmed 34-year-old Swift as the richest female musician in the world with a net worth of $1.6 billion.
Swift is the first female to enter the billionaire league solely from her songs and music performances.
Forbes acknowledged the pop star’s financial victory primarily to her sold-out Global Eras tour and the value of her entire music catalogue, making her the first musician to become a billionaire from her songs and live performances.
Part of her fortune includes close to $600 million from royalties and touring, another $600 million from her music catalogue, and some $125 million in real estate.
