Taylor Swift has officially surpassed Rihanna as the richest female musician in the world. An update from Forbes revealed that Swift, 34, is now worth $1.6 billion. Meanwhile, Rihanna, 36, is worth $1.4 billion. Swift became a billionaire in October 2023 thanks to her massively popular Eras Tour and her music catalog.

The richest woman in music is also music's only star to become a billionaire without a major outside business venture.

Taylor Swift passed Rihanna and became the world’s richest female musician with an estimated $1.6 billion net worth

Taylor Swift is officially the wealthiest woman in music, with a net worth of some $1.6 billion. The 34-year-old singing sensation is now richer than Madonna, Beyoncé and Celine Dion, Billboard reports.

The 34-year-old is the first musician to enter the billionaire league solely on her songs and music performances. This is because of the value of her music catalogue and her Eras tour. As of Monday, October 7,

Taylor Swift has officially become the richest female musician. Listen to Taylor Swift Radio and more on the free Audacy app After reaching billionaire status just last year, 34-year-old Swift has now surpassed Rihanna who previously held the top spot with $1.

Currently on her global Eras Tour, Swift's estimated net worth has reached an impressive $1.6 billion, placing her just behind Jay-Z on the Forbes list