Taylor Swifts Billionaire Status Is Surprising When Compared to Other A Listers Like Kim Kardashian
Taylor Swift Jeff Kravitz/FilmMagic/Getty Images
Taylor Swift is a billionaire, which may not come as a surprise. However, where she ranks among other A-listers may be unexpected to some. Forbes recently released their annual list of World's Celebrity Billionaires on April 2nd, showcasing a number of well-known individuals who collectively earn a reported $31 billion. Despite her success, Swift, 34, landed at the bottom of the list at No. 14, with a reported net worth of $1.1 billion.
Taylor Swift earned a whopping $190 million from her Eras Tour concerts, making her the first person to achieve this milestone solely through songwriting and performing. Other notable musicians on the list were Rihanna and Jay-Z, who are also successful business owners.
Rihanna, who is 36 years old, has achieved the No. 9 spot on the list with an estimated net worth of $1.4 billion. In addition to her successful music career, she also holds stakes in two billion-dollar brands, Fenty Beauty and Savage X Fenty.
Taylor Swifts Billionaire Status Is Surprising When Compared to Other A Listers Like Kim Kardashian
Jay-Z, at 54 years old, was ranked as the fifth highest musician with a reported net worth of $2.5 billion. He is known more as an investor, having ownership in companies like Uber and Block. Additionally, Jay-Z has sold his shares in Armand de Brignac and D'Usse liquor brands over time. Forbes mentioned that Jay-Z's net worth does not include his wife Beyoncé's earnings.
Kim Kardashian surprisingly ranked ahead of Swift on this year’s list at No. 6 with a reported net worth of $1.7 billion. Her Skims shapewear line has been a major money-maker, valued at $4 billion in 2023.
Forbes also includes Law & Order franchise founder Dick Wolf, athletes Magic Johnson, LeBron James, Tiger Woods, and Michael Jordan, as well as directors Tyler Perry, Peter Jackson, Steven Spielberg, and George Lucas on their list.
Taylor Swift became a billionaire in October 2023, as reported by Bloomberg. The publication highlighted that Swift achieved this milestone through her music and performances, along with strategic marketing and timing. Forbes also echoed similar sentiments in their report.
According to a report by Bloomberg, Taylor Swift's earnings were analyzed, revealing that her music catalog is valued at $400 million. The report showed that she had earned around $370 million from concert sales and merchandise, $120 million from streaming on platforms like Spotify and YouTube, and $80 million from royalties from her music sales as of October.
Editor's P/S:
The Forbes World's Celebrity Billionaires list highlights the immense financial success of celebrities across various industries. Taylor Swift's ranking at No. 14 with a net worth of $1.1 billion is notable, considering her achievements solely through songwriting and performing. Her Eras Tour's record-breaking earnings of $190 million showcases her dominance in the music industry.
Interestingly, Swift ranks behind other celebrities who have diversified their income streams through investments and business ventures. Rihanna's billion-dollar brands Fenty Beauty and Savage X Fenty, and Jay-Z's investments in Uber and Block, demonstrate the importance of leveraging one's platform to build financial wealth. Kim Kardashian's success with Skims shapewear further emphasizes the lucrative nature of leveraging celebrity status to create successful businesses.