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NewsTranscript
00:00Taylor Swift takes jaw-dropping title from Rihanna.
00:03The bejeweled singer took the crown as her star power keeps rising.
00:07Taylor Swift has plenty of impressive monikers and cute nicknames.
00:11And she now has one more to add to the list, the world's richest female musician.
00:16The singer just took the top spot on the list as her net worth was updated by Forbes to
00:21be $1.6 billion, ranking above another major star, Rihanna.
00:26The love-on-the-brain singer is still doing quite well, with Forbes reporting that her
00:31net worth is currently $1.4 billion.
00:34Swift joined the ranks of other billionaires just around a year ago, in October 2023, and
00:40her net worth is expected to rise in the future.
00:43The publication reported that nearly $600 million comes from royalties and her expansive
00:48tour.
00:49While her personal music catalog is estimated to be worth the same amount.
00:54She is also the first person to become a billionaire primarily on the worth of their
00:58performances and music.
01:00Meanwhile, a lot of Rihanna's wealth comes from her supremely successful cosmetics line
01:04Fenty Beauty and the Savage x Fenty Lingerie line.
01:08Rihanna still reportedly holds the title of the richest female musician of all time since
01:13she once had an estimated net worth of $1.77 billion, but it's possible that Swift is on
01:19her way to top this soon too.
01:22Swift is riding high in 2024 thanks to the overwhelming success of her newest album,
01:27The Tortured Poet's Department, which was released in April.
01:31While she is also finishing off her popular eras tour at the end of this year.
01:35Nothing is permanent, Swift told Time last year in her interview after being named person
01:40of the year.
01:41So I'm very careful to be grateful every second that I get to be doing this at this level
01:45because I've had it taken away from me before.
01:48It's unclear what Swift's next move will be after her eras tour concludes.
01:53But fans are eagerly awaiting news of her next musical release.