Entertainment news from Newsweek.

Taylor Swift is now the richest woman musician globally, as reported by Forbes.

In October 2023, she was first identified as a billionaire, and her net worth is now estimated at $1.6 billion, largely from her music catalog and the ongoing Eras Tour.

Taylor Swift 2024
Taylor Swift backstage at the 2024 MTV Video Music Awards. Kevin Mazur/Getty Images for MTV

Swift’s wealth includes about $600 million from royalties and touring, a music catalog worth around $600 million, and $125 million in real estate. She ranks as the second richest musician after Jay-Z.

This year, Swift released her 11th album, The Tortured Poets Department, topping the Billboard 200 for 15 weeks. She’s also performed songs from this album during her Eras Tour, which resumes on October 18.

Recently, she appeared at Kansas City Chiefs games, supporting her boyfriend, tight end Travis Kelce. Although absent from the latest game, she plans to attend the match against the New Orleans Saints on October 7.