Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Taylor Swift Joins Forbes Billionaire List for First Time

Wed 03 Apr 2024 | 11:30 AM
Taylor Swift
Taylor Swift
Yara Sameh

Taylor Swift has added another milestone to her endless list of accomplishments — she’s now officially a billionaire.

The superstar was included on Forbes World’s Billionaires List published this week, and Swift amassed an estimated $1.1 billion fortune this year, according to the publication. 

The revenue is based on earnings from her record-breaking Eras tour and the value of her music catalog, as well as her real estate portfolio. 

Forbes estimated in October that about $500 million of her fortune was cash from music royalties and touring, another $500 million was from the increasing value of her music catalog—much of which she has been re-recording and releasing—and $125 million of her net worth came from real estate.

Per the publication, Swift is the first musician to hit ten figures in fortune solely based on songs and performances.

Earvin “Magic” Johnson and Christian Louboutin are also among the famous newcomers on the Billionaires list, which is led by Bernard Arnault, who earned a $233 billion fortune as the overseer of the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora. 

Elon Musk, Jeff Bezos, Mark Zuckerberg, Larry Ellison, Warren Buffett, Bill Gates, Steve Ballmer, Mukesh Ambani, and Larry Page round out the top 10.