With the money she received from the Eras tour, Taylor Swift moved to the top of Forbes’ 2024 list of the richest female singers.

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With an estimated net worth of $1.6 billion, the singer of the songs “Fortnight” and “Anti-Hero” overtook Rihanna on the outlet’s list of the richest female musicians this year.

According to Forbes, Swift—who turned into a billionaire in October 2023—acquired the number one slot thanks to the proceeds from her successful Eras tour and the worth of her back catalog. According to the financial journal, the 34-year-old is notably the first singer to become a billionaire primarily on the basis of her songs and performances.

Rihanna, the creator of Fenty Beauty and the singer of the song “Umbrella,” is still as brilliant as a diamond and ranked first on the list last year. The popular singer of “Diamonds” is thought to be worth $1.4 billion, partly because of her lucrative cosmetics line (a joint venture with luxury conglomerate LVMH) and her Savage x Fenty lingerie business.

According to reports, Swift has earned $600 million from touring and royalties. According to Forbes, the portions of her catalog that she owns are also valued at an estimated $600 million. She also possesses real estate worth roughly $125 million.

The 14-time Grammy winner is currently one spot behind Jay-Z, who is reputedly worth an estimated $2.5 billion, at No. 2 on the list of richest performers, male or female. As of April, she is ranked No. 14 on the Celebrity Billionaires list and No. 24 on America’s Self-Made Women list.

The singer-songwriter is well aware of her influence, and she and her horde of Swifties hold incredible power. Due to the extraordinary demand for her Eras tour, disappointed Swifties filed a class action lawsuit against Ticketmaster, which prompted a congressional investigation into Live Nation, the parent business of the massive ticketing corporation. Not to add that the country has seen seismic activity due to the “Shake it Off” singer’s Eras performances, which have improved local businesses.

More recently, Swift incited the wrath of Republican opponent and former President Trump by endorsing Vice President Kamala Harris in the 2024 presidential contest in September.

In the day following the singer’s Instagram endorsement, over 405,000 people clicked on the link to register to vote, though it is unclear how much the singer’s two cents will influence the election on November 5.

Swift’s tour, which concluded its international phase in August with five performances at London’s Wembley Stadium, is presently on hiatus. This month, the tour is back in the United States for a second leg, which begins with a performance in Miami on October 18.