Taylor Swift declared first musician to become billionaire solely on music earnings

Renowned American singer and songwriter, Taylor Swift, has made history by becoming the first musician to attain billionaire status solely through her songs and performances.

Swift’s wealth surpasses $500 million, derived from estimated royalties and touring, coupled with a music catalogue valued at $500 million and real estate holdings amounting to approximately $125 million.

The beginning of 2023 marked a remarkable period for Swift, with the release of her tenth studio album, “Midnights,” which achieved unprecedented success. The album debuted with over 1.5 million units sold in its first week, setting records on Billboard and Spotify.

Swift accomplished a groundbreaking feat by dominating the entire top 10 on the Billboard Hot 100 with tracks from “Midnights.” The album also earned the distinction of being the most-streamed in a single day on Spotify, while Swift herself set a record as the most-streamed artist in a day.

The lead single, “Anti-Hero,” amassed over 1.2 billion Spotify streams and held the top spot on the Hot 100 for eight consecutive weeks, marking one of her lengthiest No. 1 hits.

In addition to her musical achievements, Swift was recognized as Time Magazine’s 2023 Person of the Year, surpassing notable figures such as newly crowned King Charles III, Russian President Vladimir Putin, and Barbie. Forbes magazine also acknowledged her influence by naming her one of the most influential women in the world for the year 2023.

Expressing her joy, Swift shared, “This is the proudest and happiest I’ve ever felt, and the most creatively fulfilled and free I’ve ever been.”