Why Taylor Swift Is Forbes' Second Richest Woman in Music

Gray Frame Corner

With her Eras tour, the release of Midnights, and the imminent releases of her re-recorded albums Speak Now (Taylor's Version), out July 7, and 1989 (Taylor's Version), which is highly teased to be coming after, Taylor Swift is in the midst of one of her biggest years in music. 

Without a doubt, Swift has made a lot of money from this, but according to the Forbes 2023 list, which was published yesterday, she is not the richest female artist.

With her companies Fenty Beauty and Savage x Fenty, Rihanna has become a billionaire despite not having put out a new album since 2016. 

According to estimates, Swift has a net worth of $740 million, with $170 million coming from her current tour and Midnights.

While Rihanna is worth $1.4 billion, the publication notes that the majority of her wealth comes from the Fenty Beauty brand, which she co-owns with LVMH.

Swift's fortune will continue to grow as she does more tour dates, so her net worth will likely be higher on 2024's list.

The richest "self-made" women, according to Forbes, are all women, but Oprah is at the top of the list with an astounding net worth of $2.5 billion. 

Thanks to the success of her shapewear business, Skims, Kim Kardashian is placed third with an estimated net worth of $1.2 billion, just behind Rihanna and before Swift.