Taylor Swift becomes world's richest female musician with $1.6 billion net worth

Taylor Swift is now the world's richest female musician, with a net worth of $1.6 billion, according to Forbes. She has surpassed Rihanna, who previously held the title. Swift's wealth comes mainly from her music, unlike many musicians who rely on brands and partnerships. Her earnings include revenue from her successful Eras Tour and the value of her music catalog. Only Jay-Z, with a net worth of $2.5 billion, is wealthier among musicians. Swift is the first musician to reach billionaire status primarily through musical achievements.