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.

Her new album features 12 songs, which drops in October, has just one feature and its with a fellow major pop star.