Taylor Swift named the first musician to become a billionaire solely from music income
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American pop star Taylor Swift joins compatriots Jay-Z, Rihanna, Kanye West and Diddy on the list of billionaire musicians.
According to Forbes, she is the first musician to achieve this feat “based solely on her singing and performance.”
Forbes recently updated Taylor Swift's net worth to $1.1 billion via its website.
“Her wealth includes an estimated $500 million in assets accumulated from royalties and touring, as well as a music catalog worth $500 million and approximately $125 million in real estate,” Forbes noted.
Billboard previously reported that her 2023 Ellas tour is expected to gross $1 billion by the end of the year.
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Source: dailypost.ng