Taylor Swift was officially welcomed into the three-comma club on Tuesday by Forbes, confirming rumors that her wealth exceeds a billion dollars.
Forbes stated she is the first artist to achieve billionaire status solely through her music, estimating her fortune at $1.1 billion.
Unlike other industry heavyweights who earned their wealth through various ventures, such as fashion brands or entertainment holdings, Swift’s success is primarily attributed to her music career.
Alongside her extensive songwriting catalog, Swift’s Eras Tour became the first billion-dollar tour ever, boosting economies and thrilling fans globally.
In addition to her musical achievements, Swift, at 34, boasts a significant real estate portfolio with properties in New York, Beverly Hills, Nashville, and Rhode Island.
Throughout the past year, Swift shattered numerous records, including winning her fourth Grammy for Best Album, and was honored as Time Magazine’s Person of the Year.
With her upcoming album, “The Tortured Poets Department,” set to release on April 19, Swift’s influence continues to grow.
Last year, her highly publicized relationship with Travis Kelce, coupled with her presence at Kansas City Chiefs games, further solidified her cultural impact.
Swift’s immense social media following and loyal fan base make her a formidable force capable of influencing various spheres, including politics.
Born in Pennsylvania in 1989, Swift began her career as a country artist before transitioning to pop and embarking on a successful journey with Universal.
Despite publicized disputes over her song catalog’s ownership, Swift remains determined to reclaim her rights by re-recording her first six albums.
With her 11th studio album set to release soon and her ongoing Eras tour expected to surpass the $2 billion mark by 2024, Swift’s reign in the music industry shows no signs of slowing down.
Forbes’ 2024 celebrity billionaire list:
1. George Lucas ($5.5B)
2. Steven Spielberg ($4.8B)
3. Michael Jordan ($3.2B)
4. Oprah Winfrey ($2.8B)
5. Jay-Z ($2.5B)
6. Kim Kardashian ($1.7B)
7. Peter Jackson ($1.5B)
8. Rihanna and Tyler Perry ($1.4B)
9. Tiger Woods ($1.3B)
10. LeBron James, Magic Johnson and Dick Wolf ($1.2B)
11. Taylor Swift ($1.1B)