Award-winning American singer and songwriter Taylor Swift has become the richest female musician in the world.
Gatekeepers News reports that Swift has surpassed the Barbadian singer and businesswoman, Robyn Rihanna Fenty, popularly known as Rihanna, who was formerly known as the world’s richest female musician
The 34-year-old singer is the first female to get into the billionaire league based on her songs and music performances only.
According to Forbes, she is the newest richest female musician in the world with a net worth of $1.6 billion.
Forbes acknowledged Swift’s financial victory primarily to her sold-out Global Eras tour and the value of her entire music catalogue, hence the first musician to become a billionaire from her songs and live performances.
Some of her fortunes include close to $600 million from royalties and touring, another $600 million from her music catalogue, and some $125 million in real estate.