As per the publication, Swift has surpassed Rihanna, who is worth $1.4 billion (£1 billion), to become the richest female artist. Nonetheless, Forbes claims that Rihanna continues to hold the title of "Richest Female Musician of All Time", because her net worth was previously estimated to be $1.77 billion (£1.3 billion).

Taylor Swift’s music career continues to be incredibly lucrative. On Saturday, Oct. 5, Forbes updated the singer’s net worth in light of this. The development comes after the massive success of Swift’s worldwide record-breaking Eras Tour over the past year and a half.

Between the “Eras Tour” and her continued popularity, Swift’s net worth has increased by over $1.2 billion in the past four years. Taylor Swift Becomes Richest Female Musician with Net Worth of $1.6 B