Following the success of her music tour and concert film, Grammy award winning singer, Taylor Swift has officially become a billionaire, making her the first singer to enter the billionaire’s club solely through music.
According to a new report by Bloomberg, Taylor Swift hit the milestone thanks to the phenomenal success of her ‘Eras Tour’, her concert film, the value of her new music and the re-release of her earlier studio albums.
Bloomberg, in its report, listed the singer among the ranks of fellow billionaire artistes, Rihanna and Jay-Z.
An in-depth analysis into Swift’s finances reveals she made her ten-figure fortune which is a whopping one point one billion dollars almost entirely from her music.
It must be noted that Rihanna achieved her billionaire status from revenue that came in through her beauty and clothing lines.
Jay-Z, on the other hand, made his fortune through a series of investments, businesses and other various endeavors not pertaining to the music industry.
Just so you know, prior to Taylor Swift’s ‘Eras Tour’ which kicked off in June, Forbes featured her on their list of self-made women in America, with a net worth of seven hundred and forty million dollars.
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#esplash || October 30th, 2023
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