Taylor Swift, worth $1.6 billion, overtakes Rihanna as world's richest female musician

Taylor Swift has surpassed Rihanna to become the wealthiest female musician in 2024 with a net worth of $1.6 billion, largely propelled by her Eras tour.

Swift is the first musician to become a billionaire primarily based on her songs and performances, with $600 million from royalties, touring, and catalog ownership.

Despite losing the top spot, Rihanna remains formidable with an estimated net worth of $1.4 billion, largely from her Fenty Beauty cosmetics line and Savage x Fenty lingerie.

Taylor Swift's impact extends beyond music, as seen in the statewide economic boosts from her concerts and significant societal influence, including a congressional inquiry into ticketing practices.

Read at Los Angeles Times