Taylor Swift named first musician to become billionaire solely on music earnings

American songstress, Taylor Swift has made history by becoming the first musician to achieve billionaire status through music earnings solely.

Taylor Swift has not only won the hearts of fans worldwide, but has also propprelled to unprecedented financial success.

The U.S Pop sensation Taylor Swift has joined the ranks of musicians who have made $1 billion or more, along with Jay-Z, Rihanna, Diddy, and Kanye West.

She is the first musician to accomplish this “solely based on her songs and performances,” according to Forbes.

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Taylor Swift’s net worth was recently updated on Forbes’ website to $1.1 billion.

“Her fortune includes more than $500 million in estimated wealth amassed from royalties and touring, plus a music catalog worth $500 million and some $125 million in real estate” Forbes noted.

She is predicted to make $1 billion in revenue by the end of the year from her 2023 Eras Tour, according to a report from Billboard.

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In another story, Forbes named Michael Jackson as it’s highest-paid dead celebrity of 2023

Despite his untimely demise nearly a decade and a half ago, Michael Jackson’s enduring popularity continues to generate an astonishing income, catapulting him to the forefront of the annual list.

With an estimated $115 million in earnings, he was dubbed the highest-earning deceased celebrity on Forbes magazine’s 2023 annual list, which was revealed on Tuesday.

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