Taylor, Beyoncé, Rihanna Make Forbes Most Powerful Women List

In a stunning surge, pop icon Taylor Swift has dethroned industry giants to claim the No. 5 spot on Forbes’ annual ranking of the Most Powerful Women in the World. This meteoric rise from No. 79 in 2022 marks a historic moment for the singer-songwriter, solidifying her reign as a cultural force and shrewd businesswoman.

Swift’s ascent is fueled by a record-breaking year. Her “Eras” tour, a nostalgic retrospective of her career, grossed a staggering $850 million, propelling her into the exclusive “billionaire’s club” with a net worth exceeding $1.1 billion. This achievement makes Swift not only the highest-ranked musician on the list but also one of the rare recording artists to achieve billionaire status solely through music.

Swift’s impact extends far beyond music. She is a vocal advocate for artists’ rights, having famously re-recorded her masters after a public battle with her former record label. She is also a champion for LGBTQ+ rights and social justice, using her platform to amplify marginalized voices.

Beyond Swift, the Forbes list shines a light on a diverse range of women who are shaping the world. Beyoncé takes the No. 36 spot, 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.

From CEOs and scientists to activists and artists, the 2023 Forbes list paints a vibrant picture of female leadership. It showcases the boundless potential of women and the multifaceted ways they are rewriting the rules of power and influence.