Pop icon Taylor Swift reaches billionaire status, as reported by Forbes.
Forbes released a list titled New Billionaires 2024 on April 2.
Forbes reports a record-breaking year for billionaires, with 2,781 individuals and a combined wealth of $14.2 trillion.
This year’s Forbes list sees a significant jump in newcomers, with 265 joining the ranks compared to 150 last year. Swift makes her debut on the prestigious list.
Topping the list of new billionaires, Forbes hailed Swift as the most recognizable name, with her record-breaking Eras Tour grossing over $1 billion.
Forbes further explained that Swift was the first musician to accumulate over $1 billion solely from her music and performances.
Forbes estimates her total net worth at $1.1 billion, driven by her real estate holdings, album and music sales revenue, and other ventures.
Swift’s impressive real estate portfolio spans the US, reports AFP, with properties in New York City, Los Angeles’ Beverly Hills, Nashville, and coastal Rhode Island.
Swift is set to release her album “The Tortured Poets Department” on April 19.
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