Taylor Swift named first musician to become billionaire solely on music earnings

• Forbes revealed that she is the first singer to achieve this “solely based on her songs and performances.”
• Forbes updates Taylor Swift’s net worth on their website 

Taylor Swift has made history by becoming the first musician to achieve billionaire status through music earnings alone.

Taylor Swift has not only won the hearts of millions of fans worldwide but has also rocketed to unprecedented financial success.

The U.S Pop sensation Taylor Swift has joined the ranks of musicians who have made $1 billion or more, along with Jay-Z, Rihanna, Diddy, and Kanye West.

She is the first musician to accomplish this “solely based on her songs and performances,” according to Forbes.

Taylor Swift’s net worth was recently updated on Forbes’ website to $1.1 billion.

“Her fortune includes more than $500 million in estimated wealth amassed from royalties and touring, plus a music catalog worth $500 million and some $125 million in real estate” Forbes noted.

She is predicted to make $1 billion in revenue by the end of the year from her 2023 Eras Tour, according to a report from Billboard.

In another story, Forbes named Michael Jackson as it’s highest-paid dead celebrity of 2023 

Despite his untimely demise nearly a decade and a half ago, Michael Jackson’s enduring popularity continues to generate an astonishing income, catapulting him to the forefront of the annual list.

With an estimated $115 million in earnings, he was dubbed the highest-earning deceased celebrity on Forbes magazine’s 2023 annual list, which was revealed on Tuesday.

This is Michael Jackson’s first time at the top in four years.

Elvis Presley, Jackson’s late father-in-law, came in second place with an estimated $100 million in earnings.

John Lennon, Whitney Houston, Bob Marley, and Prince are among the other deceased superstars who made the list of the top 13.

An approximate $470 million was earned by the deceased celebrities in the previous year. 70 percent less than in 2022.

They were rated according to their pretax earnings from sales, licensing agreements, streams, and other sources of income between October 1, 2022, and September 30, 2023.