EntertainmentTaylor Swift joins billionaire club with music alone, sets record

Taylor Swift joins billionaire club with music alone, sets record

Taylor Swift enjoys a string of continuous artistic successes.
Taylor Swift enjoys a string of continuous artistic successes.
Images source: © Getty Images | 2024 Jo Hale
Kamil Kozłowski

2:09 PM EDT, August 1, 2024

A few months ago, Taylor Swift reached another milestone in her outstanding career. The artist joined the exclusive club of individuals with a 10-digit bank balance, achieved solely through her music career.

By publishing this article, we understand that many of you will be contemplating the phenomenon of Taylor Swift. This American, who has enjoyed immense recognition and affection from her compatriots since the beginning of her musical journey, has now captivated listeners worldwide. Wherever she goes, often arriving at events by private jet, she sells out concert tickets, even the most expensive ones, almost immediately after sales begin.

The market value of this hit singer surged significantly after she was awarded the title of Time magazine's Person of the Year. More than half of the adult population in the United States identifies as fans of her work. Her support for one of the six candidates running for the White House could be crucial in determining the next president. This spring, she achieved yet another seemingly impossible success.

Taylor Swift has officially become a billionaire

In April this year, the hit singer debuted on Forbes magazine's billionaires list. The authors of the richest ranking highlighted her undeniable artistic achievements, clearly stating that she reached this milestone solely through her hit compositions and sold-out tours.

This awe-inspiring amount includes not only royalties and performances but also the estimated valuation of her discography, which appreciates each year. Currently, it's valued at nearly $500 million. Taylor Swift has left her industry competitors far behind. Also present in the ranking, Rihanna and Jay-Z boast similarly wealthy accounts, but their summaries also include additional businesses, such as their lines of cosmetics or luxury beverage brands.

Taylor Swift
Taylor Swift© Getty Images | 2024 The Recording Academy
Taylor Swift
Taylor Swift© Getty Images | 2024 TASRM and Getty Images
Taylor Swift
Taylor Swift© Getty Images | Gareth Cattermole
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