Swift is worth $1.6 billion, according to Forbes estimates, making her the wealthiest female musician in the world. Swift joined the billionaire ranks in October 2023 amid the success of her $2 billion-grossing Eras Tour, and she became the first person to become a billionaire based solely on the value of her music catalog and concert tours.

Taylor Swift announced her 12th studio album, "The Life of a Showgirl," after a countdown tease on her website. The release date is now set for Oct. 3.