Taylor Swift was officially named a member of the three-comma-club Tuesday, as Forbes confirmed rumours estimating her wealth exceeds a billion dollars.
The financial news outlet said she is the first artist to achieve billionaire status solely on the basis of her music, and estimated she has a $1.1 billion fortune.
Other industry heavyweights who’ve hit the mark — Rihanna and Jay-Z among them — have earned their massive wealth in part via fashion brands, alcohol companies or entertainment holdings, among other interests.
Along with her vast songwriting catalogue, Swift staged the first billion-dollar tour ever — the ongoing Eras Tour has boosted economies and delighted fans around the world.
Swift, 34, also has a significant real estate portfolio, with homes in New York, Beverly Hills, Nashville and a coastal mansion in Rhode Island.
Her touring milestone was one of many records Swift shattered over the past year, including winning a fourth Grammy for Best Album, the most of any artist.
She received wall-to-wall attention throughout 2023, which closed with Time Magazine honouring Swift as Person of the Year, calling her a ‘rare person who is both the writer and hero of her own story’.
And in mere weeks fans have a brand-new album to look forward to: Swift is set to drop ‘The Tortured Poets Department’ on April 19.
