Singer Taylor Swift has become the youngest person ever to make the Forbes "100 Most Powerful Women" list. The net worth of the 25-year-old star is $200 million, Forbes said. The singer and songwriter gets the No. 64 position on the Forbes list while fellow musician Madonna is at No. 28, and Beyoncé takes the No. 49 spot.
“Taylor Swift’s net worth falls just short of the $250 million minimum needed to claim a spot on our list of America’s 50 Richest Self-Made Women,” Forbes said. The website adds that Swift has already earned “roughly $300 million during her career” and invested a large amount of her money into real estate. Swift has homes in Nashville, Tennessee; Beverly Hills, California; New York City and Watch Hill, Rhode Island.
Swift and her family also own a major stake in Big Machine Records, an independent American record label specializing in country music artists including Swift, Rascal Flatts and Tim McGraw. The company's present market value is estimated to be as much as $350 million.
Swift, who was born in Pennsylvania, started her career as a country singer but made a seamless transition to pop superstar with her recent album, “1989.” She also took home eight Billboard Music Awards in 2015. Swift said in her previous interviews that the transition did not come easy to her as her record label was not very confident with her move to venture into a different genre of music. Swift was told to focus on writing country music but she wanted to give her fans something different. Today, “1989” is a successful album and has earned her millions in sales.
With her song “Bad Blood,” featuring Kendrick Lamar, Swift also earned her fourth No. 1 hit at the Billboard Hot 100. "Bad Blood" toppled Wiz Khalifa's “Furious 7” soundtrack hit "See You Again," which spent six weeks at No. 1. The music video of “Bad Blood” also recently broke the Vevo record for maximum number of hits in 24 hours. The multi-starrer video gained 20.1 million views on its first day of release.