Taylor Swift is officially the richest female musician on Earth.

According to NME, the huge milestone not only comes with a new title, but an updated net worth reveal. The icon's total earnings were previously reported by Forbes via their annual billionaires list in April, months after unveiling that Swift officially obtained her ninth zero in October 2023.

Since then, the "Karma" songstress has continued to grace stages across the globe as part of her ongoing "Eras Tour," and as of Saturday (October 5), is worth a whopping $1.6 billion! While Swift is the world's richest female musician of 2024, her earnings haven't quite topped the net worth of the world's richest female musician in history.

Who exactly obtains this legendary title, you ask?

Peaking at $1.77 billion in 2021 (per Forbes), Rihanna remains the "Richest Female Musician Of All Time."

The "Lover" hitmaker currently ranks just under Jay-Z, deemed the richest musician of 2024, with a reported net worth of $2.5 billion.

Other individuals on the latest celebrities billionaires list include Star Wars creator George Lucas with $5.5 billion, storied director Steven Spielberg with $4.8 billion, and daytime talk show host Oprah Winfrey with $2.8 billion to name a few.

News of Swift's increasing billionaire status arrives just after bestie Selena Gomez was named among Bloomberg's 2024 Billionaires Index for her impressive $1.3 billion net worth.

The "Lavender Haze" artist is slated to take the stage in Miami, Florida, on October 18th as part of her next "Eras Tour" show.

We can't wait to see Tom Hanks take on the role of Fred Rogers in A Beautiful Day In The Neighborhood, in theaters November 22nd!