Taylor Swift is now officially the richest female musician in the world. According to reporting from Forbes, Taylor Swift has supplanted Rihanna as the richest female musician in the world. Swift’s net worth has increased to an estimated $1.6 billion, buoyed by the financial success of her wildly popular Eras Tour and her chart-topping album sales. Swift not only has become the richest female musician, she now ranks as the second wealthiest of all musicians, trailing only Jay-Z whose net worth is valued at $2.5 billion. Swift is also the only musician in history to reach a six-figure net worth primarily from her recordings and touring, without additional business ventures.