American singer and songwriter Taylor Swift has surpassed Barbadian singer Rihanna to become the richest female musician on earth.

Swift’s advance into the top spot in one year has been impressive. In October 2023, she attained billionaire status for the first time with a net worth estimated to be $1.1 billion.

Twelve months later, Taylor Swift recorded another significant rise in her net worth by adding $500 million dollars.

Taylor Swift’s success is largely down to her Eras Tour, which has recorded an impressive gain.

In December 2023, the tour was reported to have made history after becoming the first concert to generate at least $1 billion in total gross, according to Pollstar.

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The Eras Tour began in March 2023 and is expected to end in December 2024.

Swift is the first music billionaire to earn more from music than other investments.

The 34-year-old singer’s music catalog is estimated to be worth $600 million, according to Forbes.

Also, the “Wildest Dream” singer raised a significant $600 million from her tours and royalties.

She also has an investment in real estate worth $125 million.

Rihanna, who is now in second place in the female musicians’ billionaires ranking, is estimated to have a net worth of $1.4 billion.

Most of Rihanna’s earnings come from her stakes in Fenty Beauty and Savage X Fenty.

Madonna, who is third on the list, is worth $850 million dollars.

Swift’s net worth might rise by December, when her Eras Tour is completed.