Taylor Swift has officially become the richest female musician in the world, surpassing Rihanna with an estimated net worth of $1.6 billion, according to Forbes. This significant milestone follows her entry into the billionaire club in October 2023, driven by the overwhelming success of her Eras Tour and the value of her music catalog.

At 34 years old, Swift has become the first musician to achieve billionaire status primarily through her music and live performances. Her fortune is divided into $600 million from touring and royalties, another $600 million from her extensive music catalog, and $125 million in real estate holdings.

This accomplishment places Swift ahead of Rihanna, whose wealth has largely been derived from her successful ventures in the beauty and fashion industries, including Fenty Beauty and Savage x Fenty. Rihanna’s net worth is currently estimated at $1.4 billion, positioning her just behind Swift on the Forbes list.

In the global rankings, Swift is listed at #2,117 among the world’s billionaires, while Rihanna holds the #2,336 spot. Other notable female musicians, such as Beyoncé, Madonna, and Celine Dion, have net worths that fall short of Swift’s.

Swift is currently taking a break from her highly profitable Eras Tour, which is set to continue in Miami on October 18, 2024.