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Taylor Swift Has Become Richest Female Musician With $1.6 Billion

Taylor Swift has surpassed Rihanna to become the richest female musician, with an estimated net worth of US$1.6 billion.

According to Forbes magazine, the Cruel Summer singer surpassed Rihanna, who has a net worth of $1.4 billion.

This eye-watering amount was helped by her mammoth Eras Tour, which generated $600 million (AU$891 million) in royalties and touring, her music catalogue, which is worth an estimated over $600 million, and her real estate, worth an estimated $125 million (AU$185.7 million).

Closely behind Swift and Rihanna is Beyoncé, who has an estimated worth of US$760 million (AU$1.13 billion).

Beyoncé’s husband, Jay Z, is the world’s richest musician, worth an astonishing US$2.5 billion (AU$ 3.7 billion).