Taylor Swift is officially part of the billionaires club

Forbes magazine has released its annual Billionaires List, and 14 celebrities, including Taylor Swift, made the cut. 

The 34-year-old featured on the list for the first time. According to Forbes, Taylor is worth a massive $1.1-billion. 

She officially became a billionaire in October last year following the success of her 'Eras Tour'.  

The 'Cruel Summer' hitmaker is the first person to appear on the list based on her music alone - which includes performing and songwriting. 

A Forbes estimate stated that "$500 million of her fortune was cash from music royalties and touring, another $500 million was from the increasing value of her music catalog—much of which she has been re-recording and releasing—and $125 million of her net worth came from real estate". 

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Despite her billionaire status, Taylor comes in last place out of the 14 celebrities who feature on the list. 

The 2024 Forbes Billionaires List also includes Rihanna, who has a net worth of $1.4-billion at 36 years old. The singer makes most of her money from business ventures such as Fenty Beauty. 

Kim Kardashian topped both Taylor and Rihanna on the list. The reality star and Skims founder's current net worth is $1.7-billion.

Oprah Winfrey is the highest-earning female entertainer with a net worth of $2.8-billion.

With a net worth of $5.5-billion, George Lucas, who had directed movies such as 'Stars Wars', is the richest celebrity in the world. 

The other stars on the list are Jay-Z, LeBron James, Tiger Woods, Magic Johnson, Tyler Perry, Dick Wolf, Peter Jackson, Steven Spielberg, and Peter Jackson.

Find out how much they earn here: World's Celebrity Billionaires 2024.

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Bernard Arnault, the man behind luxury goods company LVMH Moët Hennessy Louis Vuitton, was declared the richest person in the world. 

He is worth an eyewatering $233-billion. South African-born billionaire Elon Musk came in second place with $195-billion, followed by Jeff Bezos with $194-billion. 

Indian billionaire Mukesh Ambani, who threw his son Anant Ambani a lavish three-day pre-wedding celebration last month, also made the top 10. He is worth $116-billion. 

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Françoise Bettencourt Meyers was named the wealthiest woman in the world.

She featured at #15 on the 2024 Billionaires List. Françoise and her family are worth $99.5-billion. She is the granddaughter of L’Oréal founder Eugène Schueller. 

Find out who are the richest people in the world on the Forbes website. 

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Main image credit: Instagram/@taylorswift, @oprah, @kimkardashian