Taylor Swift is now a BILLIONAIRE

American singer and global superstar Taylor Swift has become a billionaire, according to Forbes magazine.

The 34-year-old pop musician has accumulated 1.1 billion US dollars (£875 million), based on earnings from her Eras Tour and the worth of her pop music catalogue.

“Swift is the first musician to hit 10-figure status solely based on her songs and performances,” Forbes said.

Barbadian singer Rihanna made the list due to her beauty brand while Beyonce’s husband, the rapper Jay-Z, became hip-hop’s first billionaire in 2019 based on his fine art collection, music and shares in companies and drinks brands.

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