**Taylor Swift Becomes World's Richest Female Musician, Surpassing Rihanna**

Taylor Swift has officially ascended to the position of the world's richest female musician, overtaking Rihanna with an estimated net worth of $1.6 billion. This monumental achievement places Swift behind only JAY-Z among the wealthiest musicians globally.

Forbes recently updated Swift's net worth following the success of her historic "Eras Tour" and the sustained popularity of her music catalog. As a result, Swift has now eclipsed Rihanna, who currently holds a net worth of $1.4 billion, to claim the top spot among female musicians. In the overall musician rankings, she trails only JAY-Z, whose net worth is valued at $2.5 billion.

Taylor Swift's financial success is particularly noteworthy as she is the only musician in history to achieve a 10-digit net worth primarily through her music recordings and live performances, rather than diversifying into other business ventures. Forbes estimates that her assets encompass $600 million from royalties and touring, an additional $600 million from the value of her music catalog, and $125 million from real estate investments.

Swift's rise to the top has been remarkable. In 2020, her net worth was calculated at $365 million, meaning she has accumulated over $1.2 billion in the past four years alone. This significant growth underscores her enduring popularity and business acumen in the music industry.

While Swift basks in her recent achievements, it's worth noting that Rihanna previously held the title of "Richest Female Musician of All Time" with a peak net worth of $1.77 billion. However, with the final dates of her "Eras Tour" approaching later this year in the US and Canada, Swift might soon claim that title as well.

Recently, Swift expressed her political views by endorsing Kamala Harris for president, a move that drew criticism from former President Donald Trump who suggested she would "pay a price" for her support. Nevertheless, Swift's continued success appears to refute such predictions, solidifying her status not just as a music icon but also a financial powerhouse.