Forbes has ranked Taylor Swift as the fifth most powerful woman globally, making her the most influential female musician. This significant climb from 79th place last year is attributed to Swift’s unprecedented economic, cultural, and political impact during her 17-year career.
Forbes highlighted Swift’s achievement as one of the few recording artists to attain billionaire status solely through music, thanks to the success of her Eras tour in 2023. The tour, which grossed nearly $850 million from 66 U.S. shows, propelled Swift’s net worth to $1.1 billion, making her a billionaire in October.
The article emphasized that Swift’s influence extends beyond the music industry, positioning her as a powerhouse across various domains. Forbes acknowledged her exceptional accomplishments, particularly during the Eras tour, which outshone even Beyoncé’s concurrent tour, attracting massive audiences.
The top four spots on Forbes’ World’s Most Powerful Women list were occupied by European Commission President Ursula von der Leyen, European Central Bank President Christine Lagarde, U.S. Vice President Kamala Harris, and Italian Prime Minister Giorgia Meloni.
Taylor Swift’s remarkable ascent in the rankings underscores her global impact. Beyoncé takes the No. 36 spot on the list of World’s Most Powerful Women, recognized for her entrepreneurial ventures and her continued reign as a musical powerhouse. Rihanna, at No. 74, is applauded for her fashion and beauty empire, as well as her philanthropic efforts.