Taylor Swift becomes world's richest female musician with $1.6 billion net worth

Taylor Swift has become the world's richest female musician, with an estimated net worth of $1.6 billion, according to Forbes. She surpassed Rihanna, who previously held the title, and is now ranked second among all musicians, behind Jay-Z. Swift's wealth comes primarily from her successful Eras tour and the value of her music catalog. She has earned around $600 million from royalties and touring, with her catalog also valued at $600 million. Rihanna's net worth is estimated at $1.4 billion, largely from her cosmetics and lingerie brands. Swift's Eras tour has generated significant attention, leading to a class action lawsuit against Ticketmaster and a congressional inquiry. She recently endorsed Vice President Kamala Harris for the 2024 presidential race, resulting in a surge of voter registrations through her social media.