Rihanna secured 33rd spot, making the list for the first time with a staggering net worth of $600 million.
According to the publication, her cosmetics line Fenty Beauty had over $600 million in sales in 2019, while her Savage x Fenty lingerie line secured $50 million from investors. Additionally, her charitable Clara Lionel Foundation raised $22.5 million for COVID-19 relief.
Madonna came in 40th place with a net worth of $550million, while Swift secured the 62nd spot with $365 million.
Other high profile musicians on the list included Celine Dion ($455 million), Beyoncé ($420 million), Barbra Streisand ($400 million), Jennifer Lopez ($150 million) and Lady Gaga ($150 million).
You can check out the whole list here.
Sharing three selfies, she wrote: “The 3 faces of a girl who just Voted!! Get out there and take responsibility people!! #bidenharris2020.”
Madonna recently revealed that she is set to direct and co-write her own upcoming biopic.
Universal Pictures will be developing the forthcoming biopic, with Diablo Cody – who won an Academy Award for Best Original Screenplay in 2007 for Juno – set to write it alongside Madonna.