EntertainmentTaylor Swift joins exclusive club as billionaire through music

Taylor Swift joins exclusive club as billionaire through music

Taylor Swift reached another pinnacle in her illustrious career a few months ago. The artist joined the exclusive club of individuals with a 10-digit bank balance, achieved solely through her musical endeavours.

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

1 August 2024 14:06

By publishing this article, we know that most of you will be contemplating the phenomenon of Taylor Swift. The American, who has enjoyed immense recognition and admiration in her home country from the outset of her musical journey, has eventually captivated listeners around the globe. Her arrival by private jet is a spectacle wherever she appears, and her tickets, even the most expensive ones, sell out immediately upon release.

The market value of this hit sensation significantly soared after she was honoured with the title of Time magazine's Person of the Year. Over half of the adult population in the United States identifies as fans of her work, and her support for one of the six candidates running for the White House may play a crucial role in determining the next president. In the spring, she achieved yet another seemingly unattainable milestone.

Taylor Swift has officially become a billionaire

In April this year, the hit singer debuted on Forbes magazine's billionaires list. The authors of this prestigious ranking highlighted her undeniable artistic successes, clearly stating that she achieved this 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 amounts to nearly 693 million CAD. Taylor Swift has left her industry competitors far behind. Also present in the ranking, Rihanna and Jay-Z boast similarly sizeable bank accounts. Still, their wealth is supplemented by 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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