American superstar singer, Taylor Swift, has joined the billionaire club. The 34-year-old's earnings have surpassed $1.1 billion dollars (£875 million), thanks to her successful 'Eras Tour' and her well-regarded music assortment, Forbes magazine reports. "Swift is the first musician to hit 10-figure status solely based on her songs and performances," says Forbes.
Rihanna also made it to the list due to her cosmetic brand Fenty Beauty, while Jay-Z, Beyonce's husband and rapper, made history in 2019 as hip-hop's first billionaire based on his fine art collection, music and shares in companies and drinks brands. READ MORE: Stacey Solomon issues 'last' message as co-star admits tears and asks fans for help Forbes predicts that Swift's wealth comes from roughly $500 million (£398 million) in royalties and touring revenues and a similar amount from her musical works, with an extra $125 million (£99 million) from her property collection.
Luxurious French brand LVMH owner Bernard Arnault is said to be the world's richest person, sitting at around $233 billion (£185 billion).
Ranking second on Forbes' list is Tesla and SpaceX CEO Elon Musk, estimated at $195 billion (£155 billion), with Amazon boss Jeff Bezos coming third.
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