Taylor Swift’s Success Soars: Reigns as the Top-Earning Female Artist in 2023

Forbes magazine has just released a list of the 100 richest self-made entrepreneurs, executives and artists in the US. This list includes prominent female stars such as Oprah Winfrey, Rihanna, Kylie Jenner, Taylor Swift…
 

Oprah Winfrey

Media Queen Oprah Winfrey ranked 13th on the list and is the richest female star in America. The 69-year-old MC’s net worth is currently $2.5 billion. The popular MC turned his hit talk show into a money-making media and business empire. With the ability to invest quickly in the entertainment industry, Oprah Winfrey has become a billionaire for many years.

Rihanna 

Rihanna comes in at number 20 on the list with $1.4 billion. The 35-year-old star has achieved great success in the business field in addition to her singing career. Rihanna’s business activities now range from cosmetics, perfumery to lingerie. According to Vogue, Fenty Beauty has brought Rihanna an incredible revenue of $ 100 million (over 2,000 billion) within 40 days. 

In addition, Rihanna also prioritized the unique design of her new line of lingerie Savage x Fenty, marketed for women of all shapes and sizes. She launched her message in favor of all body positivity. She shared that she feels “very beautiful and confident” even though she “doesn’t look like a Victoria’s Secret girl”. In addition to makeup and lingerie, the businesswoman has also created at least six fragrances, one of which – Reb’l Fleur – brought in an estimated $80 million in sales in 2011.

 

Kim Kardashian

 

Kim Kardashian is behind Rihanna at number 21 with $1.2 billion. The mother-of-four makes a fortune from the SKIMS company that produces shapewear, makeup, perfume, and clothing lines and participates in the reality show “Keeping With Up The Kardashian”.

In April 2021, Forbes magazine reported that Kim’s fortune had reached $ 1 billion thanks to the sale of shares in KKW Beauty and revenue from the Skims fashion brand. By January 2022, Kim’s net worth had grown to $1.8 billion as Skims revenue doubled in nearly a year. Her lingerie and swimwear brand is currently valued at $3.2 billion. According to the report, the 41-year-old beauty owns 35% of Skims shares, equivalent to $ 900 million.

Taylor Swift

According to Forbes, Taylor Swift has a net worth of $740 million. This number put the female artist at 34th place in the chart. She surpassed Madonna ($580 million) and Beyonce ($540 million). Up to now, Taylor Swift becomes the second-richest female artist in the music industry, behind Rihanna with $1.4 billion. The Bitch Better Have My Money star is ranked 20th on the list of America’s richest self-made artists.

The Love Story vocalist has six times entered the list of the highest-paid stars by Forbes. In 2019 alone, she ranked first, earning more than $185 million before taxes in 12 months, surpassing Kylie Jenner, Kanye West. Swift’s main income comes mainly from sales of sound recordings, music royalties, digital downloads… In which, tours bring huge amounts of money.

Kylie Jenner

Kylie Jenner owns a fortune of up to $ 680 million and ranks at number 38. At the age of 21, she owns a fortune of $ 1 billion, becoming the youngest self-made billionaire in the world. It is known that in 2015, when she was only 18 years old, Kylie Jenner used $250,000 of her savings from modeling money to pre-produce 15,000 sets of lipstick and lip liners called Kylie Lip Kits. The product was quickly sought after, “out of stock in 1 minute”, creating the premise for her to continue pouring capital, expanding the brand with more diverse categories and changing the name to Kylie Cosmectics.

When the brand started to stabilize, she decided to sell 51% of shares to Coty – the company that owns many popular cosmetic brands such as Calvin Klein perfume, Hugo Boss, Burberry, Covergirl in 2019… This deal not only helped Kylie pocket $ 600 million after only 4 years of business, but also helped push the value of the Kylie Cosmetics brand many times over. Besides the fashion brand, Kylie Jenner also invests in other areas such as building her own game, revolving around makeup, new home decor and pets.

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