Taylor Swift made it to the Forbes’ billionaires list for the first time.
The publication noted that she was able to make the list due to her various achievements in the music industry.
In addition, she was also named as the 2023 Person of the Year by TIME Magazine.
According to Forbes, Miss Americana became a billionaire in October, which made her an incredibly influential cultural figure. She had a net worth of over $1 billion.
Swift’s earnings from her historic tour, which was called the Eras Tour, helped boost her net worth.
Bloomberg previously reported that she became a billionaire last year due to her various achievements.
These include her album release and the success of her concert film.
According to Forbes, Swift earned around $500 million from her various ventures, such as touring and royalties.
It also reported that she made $125 million from her real estate holdings.
The publication noted that she earned a total of $100 million from the streaming royalties she made through her “1989” and “Midnights” albums.
Joining Swift on the list is Magic Johnson, a professional basketball player, and Christian Louboutin, a fashion designer.
Forbes noted that the number of billionaires in 2024 increased by 141 over last year. The magazine also reported that the world’s richest individuals had a collective wealth of over $14 trillion.
According to Forbes, the members of the 2024 rich list have a combined net worth of over $2 trillion.
This is a 255% increase from their wealth a decade ago.