Swift's financial portfolio includes a music catalog valued at $600 million and nearly $600 million from royalties, alongside about $125 million in real estate.

In recent months, her fortune has surged by approximately $500 million, primarily due to the tour's success.

Taylor Swift has officially become the richest musician in the world, with a net worth of $1.6 billion, surpassing Rihanna's estimated $1.4 billion.

This remarkable increase in wealth is largely attributed to the success of her Eras Tour, which has grossed over $2 billion across 125 shows.

The Eras Tour has generated over $1 billion in revenue, making Swift the only American female artist to achieve this milestone.

She has been re-recording her previous albums to regain ownership of her music, a move she has publicly supported since 2019.

Unlike many musical billionaires who earn from diverse business ventures, Swift's wealth is primarily derived from her music sales and performances.

The Eras Tour has seen concert tickets sell out within minutes, showcasing her immense popularity and demand.

In addition to touring, Swift has earned income from the film version of her tour, which grossed over $261 million since its premiere.

Her concert movie, released in partnership with AMC, achieved record-breaking single-day ticket sales and grossed $92.8 million during its opening weekend.

Rihanna, who previously held the title of the richest musician, has a fortune primarily from her Fenty Beauty and Savage X Fenty brands.

Swift's rise to wealth and influence has been recognized, as she was named TIME's Person of the Year for 2023, highlighting her impact on the music industry.