Taylor Swift: From Eras Tour to $197m property empire, singer’s wealth explodes…..See More

Taylor Swift has officially become the world’s richest female musician after surpassing the wealth of billionaire Rihanna.

Swift is now estimated to be worth more than $2.5 billion (US$1.6 billion), as reported by Forbes. Her wealth includes an estimated $197 million in real estate.

The Shake it Off singer’s wealth had already overtaken industry veterans Madonna, Celine Dion and Beyonce a few years ago.

Her increased wealth follows the conclusion of her highly successful Eras Tour that wowed crowds across the globe, raising the singer to multi-billionaire status.

Swift’s touring company Taylor Swift Touring has confirmed the tour smashed records, selling over 3.27 million tickets and grossing just over $3.16 billion. Swift further boosted her earnings from merchandise and The Eras Tour film.

Swift’s property portfolio includes not one but four residents on Franklin St in Lower Manhattan’s swish Tribeca neighbourhood. Together they are worth about $80 million.

Three of those properties are in the Tribeca Building and include penthouses that were renovated into one super compound.

She also owns ‘Holiday Home’ that sits on the top of a hill in Rhode Island, the inspiration for her song ‘The Last Great American Dynasty’ which she paid $27.6 million for in 2013.

The singer owns additional homes in LA, Nashville and, more recently, a $15 million London home that reports in The Sun suggest she is renovating.

Swift is yet to catch Jay-Z who leads the pack as richest musician with an estimated $3.9 billion net worth.

Swift’s new found position puts her ahead of other groundbreaking female artists Madonna, Mariah Carey, Adele, Barbra Streisand and Beyonce. Rihanna had previously held the title of richest female musician after gaining billionaire status in 2021.

Rihanna‘s wealth can be attributed to her music career, yet her stake in her namesake fashion and beauty companies have raised her to new heights.

The singer has an estimated 30 per cent stake in her lingerie brand Savage x Fenty which was reported to be worth $1 billion in equity in March. Forbes has estimate Fenty Beauty was worth a conservative $4.4 billion in March 2024. Both companies are named after her birth name, Robyn Fenty.

Rihanna has made many investments in real estate, some which she has cashed in, including homes in LA, New York and Barbados.

Her real estate journey began in 2009, when she purchased a $10.9 million mansion in the coveted Beverly Hills Post Office area of Los Angeles, according to Architectural Digest.

A Barbados residence she purchased in 2013 is an opulent villa in the One Sandy Lane resort which she purchased for $34 million. She had bought that home after renting it during a holiday, reported the New York Post.

After an array of luxe rentals, the singer bought a Hollywood Hills villa for $10.7 million in 2017 then sold it for a loss in 2022 for $10.45 million, reported House & Garden.

In 2021 she spent $21.7 million on a Beverly Hills dwelling situated on a cul-de-sac with A-list former and current residents including Madonna, Mariah Carey, and Sir Paul McCartney.

That Beverly Hills home features five bedrooms and seven bathrooms.

Reports show she also had purchased two other neighbouring properties totalling $37.7 million, one of which she later sold for a $500,000 bonus at $16.3 million.

Rihanna also shelled out $8.6 million for a penthouse in the Robert A.M. Stern designed Century tower which she reportedly still owns, according to Architectural Design.
In 2023, Rihanna then splashed $33 million for a second penthouse unit in The Century. She allegedly never moved in and listed it for sale in March for $39.5 million. No buyer has been confirmed to date.

Beyoncé has had a strong year too. The Grammy winner recently released her hotly anticipated eighth studio album “Cowboy Carter.”
The country album with 27 tracks broke streaming records on Spotify and Amazon Music.

In addition to her new rise back to the top of the charts, Beyoncé experienced a real estate ‘renaissance’ in recent years, according to Realtor.

This included a $300m purchase with husband Jay-Z of a massive seven-bedroom estate in Malibu last May.