While it’s not Beyoncé, this musician is still quite close to her
Beyoncé and Swift are absolute powerhouses in the music industry. Their names are synonymous with chart-topping albums, record-breaking streams, and dedicated fanbases.
Beyoncé recently added another major achievement to her already impressive career by winning the Grammy for ‘Album of the Year.’
Despite their wealth and generosity—like Beyoncé’s significant contributions to LA relief efforts and Swift’s staggering $197 million in bonuses to her Eras Tour staff—neither of them holds the top spot when it comes to net worth.
Jay-Z has officially claimed the title of the richest musician alive.
According to Forbes, the Brooklyn-born rapper—real name Shawn Carter—has amassed a staggering net worth of $2.5 billion, surpassing Swift’s estimated $1.6 billion by a considerable margin of $900 million.
Jay-Z’s financial success has skyrocketed since 2019 when he was first recognized as hip-hop’s first billionaire.
Ranked as the third highest-paid entertainer, the 53-year-old has consistently grown his fortune through various business ventures beyond his successful music career.
He later expanded into multiple industries, launching Roc Nation, an entertainment company that, according to its website, handles ‘artist management, music publishing, touring, production, strategic brand development, and beyond.’
Other musicians in the billionaire club include Rihanna, with a net worth of $1.4 billion, Bruce Springsteen at $1.1 billion, and Jimmy Buffett, who reached $1 billion.
Though she doesn’t hold the top spot, Swift is not far behind in second place.
Her earnings from the tour alone are projected to surpass the annual economic output of 42 different countries.
Bloomberg recently reported that after 17 years in the industry, Swift has officially joined the billionaire ranks.
Although these musicians have built enormous fortunes, their net worth still pales in comparison to tech moguls like Elon Musk, who boasts an eye-watering net worth of $421 billion.
