Taylor Swift is among 141 of the world's newest billionaires according to Forbes.
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The US pop star jumped onto the rich list with a net worth of $1.1 billion due to her hugely successful Eras Tour along with the value of her music catalogue, the business magazine said.
![Pop star Taylor Swift has joined the world's billionaire list after her successful Eras Tour. Picture by AAP Image/Joel Carrett Pop star Taylor Swift has joined the world's billionaire list after her successful Eras Tour. Picture by AAP Image/Joel Carrett](/images/transform/v1/crop/frm/206436302/eeb44126-06da-4fbb-8331-91c47e6bf80b.jpg/r0_599_6415_4220_w1200_h678_fmax.jpg)
Two Australians also reached billionaire status according to the 2024 list including Mario Verrocchi, the chief executive and co-founder of Chemist Warehouse, with a reported net worth of $1.4 billion.
Malaysian-born Sam Chong, co-owner of Jellinbah Group - the operator of two Queensland coal mines - also joined the list worth $1.7 billion.
Mining magnate Gina Rinehart remained Australia's wealthiest person but her wealth of $30.8 billion pales in comparison to the world's richest.
Bernard Arnault, the French chairman and CEO of LVMH luxury retail group, sits atop the global rankings with his family for a net worth of $233 billion.
LVMH boasts brands including Louis Vuitton, Tiffany & Co and Sephora.
Tesla CEO Elon Musk is second on the rankings with $195 billion followed by Amazon founder Jeff Bezos ($194 billion) and Facebook CEO Mark Zuckerberg ($177 billion).
Forbes reports the world's billionaires are richer than ever, worth $14.2 trillion in total, and up $2 trillion on 2023.
The US claimed the most billionaires with 813 followed by China with 473 (including Hong Kong) and India with 200.