Forbes released the names of the most recent people that joined their elite listing of billionaires, and this year, Taylor Swift made the ranks.
Swift’s name was the most famous of the 265 individuals that were put forward by Forbes in the 2024 list, thanks largely in part to her Eras Tour. Forbes reported that the record-breaking success of her five-continent tour, and the revenues generated through that platform helped to boost the superstar’s net worth past the $1 billion mark.
Taylor Swift performs on stage during a concert as part of her Eras World Tour in Sydney on February 23, 2024. Photo by DAVID GRAY/AFP via Getty Images
Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center on September 12, 2023 in Newark, New Jersey. Photo by Dimitrios Kambouris/Getty Images
Swift’s net worth was assed by evaluating the profits generated from the blockbuster Eras Tour, as well as the total value of her music catalog, Forbes reported. Swift’s impressive real estate portfolio was also included in the report. Other factors apparently not taken into consideration by Forbes’ evaluation of Swift’s finances included her impressive merchandise sales, earnings generated through appearances and the numerous endorsement deals the star has taken on over the course of her career in the entertainment industry.
Taylor Swift attends the 81st Annual Golden Globe Awards at The Beverly Hilton on January 07, 2024 in Beverly Hills, California. Photo by Amy Sussman/Getty Images
Taylor Swift arrives for the 66th Annual Grammy Awards at the Crypto.com Arena in Los Angeles on February 4, 2024. Photo by ROBYN BECK/AFP via Getty Images
Forbes reported that Swift has officially become the first musician to hit the highly prestigious ten-figure status based solely on her songs and performances. (RELATED: Sirius XM Announces Entire Channel Dedicated To Taylor Swift)
“Taylor Swift | The Eras Tour” at State Farm Stadium on March 17, 2023 in Glendale, Arizona. The city of Glendale, Arizona was ceremonially renamed to Swift City for March 17-18 in honor of The Eras Tour. Photo by John Medina/Getty Images
Taylor Swift performs on stage during a concert as part of her Eras World Tour in Sydney on February 23, 2024. Photo by DAVID GRAY/AFP via Getty Images
The famous 34-year-old singer is in good company on the billionaire’s list. Magic Johnson is another famous name that appeared on the list for the very first time in 2024, according to Forbes. Michael Jordan, Rihanna, Dick Wolf, LeBron James, Tiger Woods and Tyler Perry also reportedly appear. Of course, familiar names such as Kim Kardashian, Jay-Z, Oprah Winfrey, George Lucas and Steven Spielberg have also topped the list of billionaires recognized by Forbes.