Home Business & Ventures Taylor Swift first music billionaire: Which other musicians have hit the mark?

Taylor Swift first music billionaire: Which other musicians have hit the mark?

by cashonbank.com
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While Swift may be the first to do so based on her music, she isn’t the first musician on the billion-dollar club. And she also doesn’t hold the top spot. 

TBS Report

04 April, 2024, 02:10 pm

Last modified: 04 April, 2024, 11:18 pm

Taylor Swift Eras Tour. Photo: Collected

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Taylor Swift Eras Tour. Photo: Collected

Global pop icon Taylor Swift, 34, recently made it to the Forbes billionaire list, becoming the first musician to do so solely through her melodies. 

She broke into the list on the back of her record-breaking Eras tour, becoming one of the 265 newcomers to feature on Forbes’ list this year with a net worth of an estimated $1.1b.

She has already earned $780 million in ticket sales of her tour – on its way to becoming the highest-grossing of all time – pocketing an estimated $190 million after taxes from the first leg and another $35 million from the first two weeks of screenings of Taylor Swift: The Eras Tour movie. 

Altogether more than $500 million of Swift’s fortune is cash earned from music royalties and touring. 

Another $500 million is based on the rising value of her music catalogue, and she has $125 million in real estate including six homes and a $10 million private plane.

While Swift may be the first to do so based on her music, she isn’t the first musician on the billion-dollar club. And she also doesn’t hold the top spot. 

It’s also interesting to note that big names, such as Micheal Jackson and Prince, never hit the billion-dollar mark.

But who are the others who have done so?

1. Paul McCartney
Net Worth: $1.2 Billion

Photo: Collected

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Photo: Collected

Photo: Collected

Beatles Legacy: Sir Paul McCartney’s musical journey began with The Beatles, where he served as a co-lead singer, revolutionizing the realm of popular music. 

Born in Liverpool in 1942, his influence in songwriting and bass guitar playing remains unmatched. 

With 18 Grammy Awards and two inductions into the Rock and Roll Hall of Fame under his belt, the significance of his solo music career cannot be overstated.

Business Ventures: McCartney’s financial prowess extends to diverse ventures. From music publishing rights to a robust solo career, his net worth of $1.2 billion is augmented by strategic business investments.

2. Andrew Lloyd Webber
Net Worth: $1.3 Billion

Photo: Collected

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Photo: Collected

Photo: Collected

Sir Andrew Lloyd Webber, born in London in 1948, is renowned for his excellence in musical theatre. With 21 musicals to his credit, his creations have become iconic in the theatrical world, enjoying runs of over a decade on both Broadway and the West End.

Investment: Lloyd Webber’s sustained prosperity stems not only from his musical compositions but also from strategic investments. 

3. Rihanna
Net Worth: $1.4 Billion



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