Taylor Swift became a billionaire in October 2023 thanks to huge income from The Eras Tour and revenue from her music catalog. The owner of the hit Blank Space is also the first artist to do that by relying solely on music products and performance activities.
According to Forbes , the $1.1 billion fortune that the “king snake” currently owns includes more than $500 million accumulated from royalties and tours, plus a music catalog worth $500 million. and about 125 million USD in real estate.
Last year, Taylor Swift achieved great success when The Eras Tour reached the $1 billion mark, becoming the highest-grossing tour of all time. Notably, this tour is still going on until the end of this year and has become a craze in every city the star born in 1989 visits. International media assessed that The Eras Tour had a strong impact on the economy and tourism of many countries, and received many awards as well as honors and warm welcomes from foreign governments.
In 2023, the owner of the hit Look what you made me do was honored by Time magazine as Person of the Year. In addition, the female singer also just received two prestigious golden trumpets at the Grammy Awards last February, including winning in the Album of the Year category with Midnights . This achievement helps the 8X star become the artist with the most Album of the Year awards in Grammy history.
Besides the appearance of Taylor Swift, many artists and figures in the entertainment world also appear on the list of billionaires just announced by Forbes . Notably, female singer Rihanna owns 1.4 billion USD mainly thanks to her business. The Barbados-born singer currently has shares in two billion-dollar brands: cosmetics company Fenty Beauty (she co-owns with luxury group LVMH) and lingerie business Savage X Fenty.
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Kim Kardashian – a beauty who rose to fame in the American entertainment industry thanks to her private life scandals and the attraction of her family’s reality TV show, currently owns 1.7 billion USD thanks to her fashion and cosmetics business.
In addition, this list also includes a series of powerful names in the American entertainment industry: rapper Jay-Z (owned 2.5 billion USD), MC Oprah Winfrey (2.8 billion USD), director Steven Spielberg ($4.8 billion), director George Lucas ($5.5 billion)…