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The richest female musician in the world is now Taylor Swift.

Her complete record collection’s worth and the success of her fully booked worldwide The Eras Tour were cited as reasons for her prosperity.

The 34-year-old is the first singer whose songs and live performances alone have made her a billionaire.

With a $1.6 billion net worth, Taylor Swift has emerged as the richest singer in the world, according to Forbes.

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Her earnings from touring and royalties are $600 million, while her music library accounts for an additional $600 million of her wealth.

Taylor Swift has surpassed Jay-Z, who is estimated to be worth $2.5 billion, to become the second-richest musician in the world.

On Forbes’ list of the world’s billionaires, she is number 2,117, surpassing famous female musicians like Celine Dion at $550 million, Rihanna at $1.4 billion, Beyoncé at $760 million, and Madonna at $850 million.

Prior to her rise to the number two spot on Forbes’ list, Rihanna had the highest net worth of any female musician in the world at $1.7 billion.

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