Popular singer, Taylor Swift has surpassed Rihanna to become the world’s richest female musician. Reports recently revealed that her net worth is now estimated to be about $1.6 billion, and fans have been reacting.

Her increase in earnings comes in the wake of her record-breaking Eras Tour and the ongoing success of her catalog, which continued to captivate her fans worldwide.Taylor secured the top position of richest female musician by crossing the net worth of Rihanna, which was estimated at $1.4 billion.

Swift is the only musician who has built her wealth largely from recordings and live performances.

Taylor Swift is an American singer-songwriter. Recognized for her songwriting, musical versatility, artistic reinventions, and influence on the music industry, she is a prominent cultural figure of the 21st century.

Taylor Alison Swift was born on December 13, 1989, in West Reading, Pennsylvania. Her father, Scott Kingsley Swift, is a former stockbroker for Merrill Lynch and her mother, Andrea Gardner Swift (née Finlay), is a former homemaker who previously worked as a mutual fund marketing executive.

At the 54th Annual Grammy Awards in 2012, Swift won Best Country Song and Best Country Solo Performance for “Mean”, which she performed during the ceremony.

Swift won other awards for Speak Now, including Songwriter/Artist of the Year by the Nashville Songwriters Association (2010 and 2011), Woman of the Year by Billboard (2011), and Entertainer of the Year by the Academy of Country Music (2011 and 2012) and the Country Music Association in 2011.