HOT: Taylor Swift officially became a billionaire, the first artist to have a 10-figure fortune thanks to music alone
Taylor Swift is on the list of 14 USD billionaires in the field of international culture and sports published by Forbes Financial Magazine (USA).
On April 2, Forbes magazine (USA) officially announced the list of USD billionaires in the field of culture and sports globally in 2024. With a fortune of $ 1.1 billion (nearly VND 26,000 billion), singer Taylor Swift made the public burst when she first appeared in the global list of USD billionaires. According to Forbes, Taylor Swift is the first artist to achieve a 10-figure fortune mainly thanks to her musical activities. In the past, Rihanna and rapper Jay-Z have also appeared on this list. However, their huge wealth is largely due to the business of fashion brands, alcohol companies or entertainment companies.
“The most famous newcomer on the 2024 global billionaires list is, of course, Taylor Swift. The 35-year-old star has amassed a fortune of $1.1 billion based on record-breaking blockbuster touring earnings of $1 billion, music products as well as real estate investments,” Forbes commented on Taylor Swift.
Taylor Swift is worth $ 1.1 billion
According to Bloomberg, it is estimated that in 2023, the singer will earn about $ 1.82 billion (nearly VND 43,000 billion) from royalties, concert tickets, sales of goods at concerts and concert ticket sales. Bloomberg believes that Taylor Swift’s fortune will increase dramatically because this year she continues to tour internationally.
Music revenue is an important source of income to help the singer accumulate a huge fortune and join the group of USD billionaires
Source: Forbes
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