It’s rare to see musicians reach billionaire status, but here’s a rundown of the elite few who’ve made it. Their fortunes are powered by music, touring, and savvy business decisions.
In the music industry, it’s a rare feat for artists to achieve billionaire status, but a select few have managed to hit the 10-figure mark. This compilation highlights six musicians who have reached this financial milestone, as reported by Forbes and Bloomberg. Their wealth stems not only from hit songs but also from strategic business ventures and touring successes.
Jay-Z was the first to reach billionaire status back in 2019. His wealth comes from a diverse array of sources, including his Roc Nation entertainment company, premium liquor brands like Ace of Spades and D’Ussé, and lucrative investments, including a notable stake in Uber. His ability to blend music with entrepreneurship set a high bar for future artists.
Following closely, Taylor Swift joined the billionaire club in late 2023, making headlines with her astonishing success from the Eras Tour. Swift’s achievement is particularly significant because her wealth primarily derives from her music and touring revenues, rather than side ventures.
Rihanna, another music icon, also boasts billionaire status, largely due to her stake in Fenty Beauty, which is a collaboration with luxury brand LVMH. Additionally, her successful lingerie line, Savage X Fenty, has contributed substantially to her financial success.
Beyoncé made headlines as the latest member of this elite group when she reached billionaire status in late December 2025. The surge in her wealth can be attributed to her record-breaking Renaissance and Cowboy Carter world tours, as well as her ownership of Parkwood Entertainment, which has played a significant role in her financial portfolio.
Bruce Springsteen entered the billionaire ranks in 2024 after selling his entire music catalog to Sony for about $500 million. Coupled with consistent high-grossing tours, this sale solidified his financial standing in the music industry.
Finally, Selena Gomez was declared a billionaire by Bloomberg in September 2024. Known for her early fame as a Disney star and her thriving music career, Gomez’s financial growth has been heavily influenced by her beauty brand, Rare Beauty, which has resonated widely with consumers.
These musicians have not only made significant impacts on the music industry but have also navigated the business world effectively, showcasing their ability to transform artistic talent into lasting financial success.
