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).