Taylor Swift made her debut on a new chart: Forbes’ billionaires list.
The pop superstar was propelled to billionaire status last October, thanks to a combination of her music catalog and the major revenues from her sold-out Eras Tour shows. With a net worth of $1.1 billion, according to Forbes, Swift is now one of the 2,781 billionaires on the list for 2024.
The 34-year-old is the first musician to join the list solely based on her songs and performances, and not from additional income from brand partnerships, business ventures, or other money-making activities.
Swift’s billionaire status is made up of more than $500 million in estimated wealth amassed from royalties and touring, combined with a $500 million music catalog and about $125 million in real estate, according to Forbes.
Over the last three years, Swift has re-released several of her hit albums to regain ownership after a rights dispute between herself and record executive Scooter Braun (who purchased Big Machine Records, the label that signed Swift for more than a decade, in 2019). And last year, she embarked on the Eras Tour — starting in the U.S. and continuing to sell out stadiums worldwide — which reportedly brought in a historic $4.1 billion in earnings for Swift.
Other famous faces who made it onto the list include Magic Johnson, who makes his first appearance on the chart this year with a $1.2 billion fortune; Rihanna with her two multi-billion dollar brands, Fenty Beauty and Savage X $TWTR Fenty; and Michael Jordan, thanks to his lucrative partnership with Nike $NKE.
As for the rest of the billionaires list, CEO of the sprawling French luxury empire, LVMH, Bernard Arnault topped the ranks with an estimated $233 billion. He was followed by Tesla $TSLA and SpaceX CEO Elon Musk, who has an estimated wealth of $195 billion. Amazon $AMZN founder Jeff Bezos rounded out the top three billionaires worldwide with a $194 billion fortune, according to Forbes.