American pop star Taylor Swift has entered the Forbes World's Billionaires List for the first time, with a net worth of $1.1 billion (£877 million).
The world now has 2,781 people with fortunes exceeding $1 billion (£800 million), an increase of 141 from 2023, and Taylor Swift is one of the 265 newcomers featured on Forbes' list this year, reports The Guardian.
Swift, 34, reached the milestone with an estimated $1.1bn fortune following her record-breaking Eras tour and concert film.
The Eras tour, a 44-plus song mega-concert that stretched to nearly three and a half hours, generated more than $700m in ticket sales in the US alone, according to Bloomberg; that’s before including the 89-date international leg.
The richest person on the planet is Bernard Arnault, the majority owner of the luxury goods conglomerate LVMH, whose fortune, according to Forbes, increased by 10% to $233bn. Elon Musk is in second place with $195bn, an 8% increase on last year.
The billionaires are also collectively worth more than ever, with combined assets estimated at $14.2tn – a $2tn increase on 2023 and more than the GDP of every country except the US and China.
