Taylor Swift becomes the richest female musician, Asake releases the music video for “MMS” featuring Wizkid, LeBron James and son Bronny make history by sharing the court in Lakers preseason game. Stay in the know with our Rave News Digest, which summarizes five of the hottest global news stories you need to catch up on, saving you time and energy. Consider it your daily news fix.
1. Taylor Swift becomes richest female musician with a net worth of $1.6 billion
Taylor Swift becomes the richest female musician as her net worth was updated to $1.6 billion, surpassing Rihanna.
Only musician to make the billionaire ranking primarily based on her songs and performances. pic.twitter.com/3y1w1FALkJ
— Taylor Swift Charts (@chartstswift) October 5, 2024
Taylor Swift has officially become the world’s richest female musician, with an estimated net worth of $1.6 billion, surpassing Rihanna’s $1.4 billion. The new milestone, confirmed by Forbes on October 5, is largely attributed to the success of her “Eras Tour” and the sustained popularity of her music catalog. Swift now ranks second among all musicians, trailing only Jay-Z, who boasts a $2.5 billion net worth. Unlike many other billionaires in the music industry, Swift’s wealth has been derived primarily from her recordings and live performances, rather than from other business ventures.
Swift’s remarkable financial growth over recent years is notable, with Forbes reporting that she has amassed over $1.2 billion since 2020, when her net worth was valued at $365 million. Her assets include $600 million from royalties and touring, $600 million from the value of her music catalog, and $125 million in real estate investments. While Rihanna once held the title of “Richest Female Musician of All Time” with a peak net worth of $1.77 billion, Swift may soon challenge that record, particularly as she concludes her “Eras Tour” later this year.
2. Asake releases the music video for MMS featuring Wizkid
Asake has released the music video for his hit single “MMS,” featuring Wizkid, from his recently launched third album, “Lungu Boy.” The video, which debuted on October 8, is shot in captivating black and white and set against the streets of London. The collaboration between the two Afrobeats powerhouses has quickly become a fan favorite, propelling “MMS” to the No. 1 spot on the TurnTable Top 100 chart. The visual release adds another layer of excitement to Asake’s meteoric rise and solidifies his position among Nigeria’s top music exports.
Fresh off the success of his Lungu Boy tour, Asake has been performing to sold-out crowds across the United States, including notable venues like TD Gardens Arena and Madison Square Garden. One of the highlights of his global tour was his return to London’s O2 Arena, where he joined an elite group of Nigerian artists, including Wizkid and Davido, to have headlined the venue more than once. During this show, Wizkid made a special appearance to perform “MMS” with Asake, thrilling the audience and further cementing the duo’s growing influence in the global Afrobeats scene.
3. Kendrick Lamar and Rihanna pass on 2025 Coachella Festival headline offers
Kendrick Lamar and Rihanna have passed on headlining Coachella in 2025. The festival long is stuck trying to appease too many people.
Read more in Lucas Shaw’s Screentime newsletter https://t.co/gbLHLJJz7L
— Bloomberg (@business) October 7, 2024
Kendrick Lamar and Rihanna have reportedly declined offers to headline the 2025 Coachella Valley Music and Arts Festival. According to Bloomberg, Goldenvoice, the company behind the iconic festival, reached out to both superstars, but they turned down the opportunity. Lamar, fresh off the announcement of his upcoming Super Bowl LIX halftime show in February, is reportedly focusing on a massive stadium tour, which may have influenced his decision. Rihanna, who has largely kept a low profile musically since her own Super Bowl halftime performance, also passed on the offer.
Coachella, which has evolved into one of North America’s most influential music festivals since its inception in 1999, is known for booking blockbuster talent across genres. The festival has hosted legendary moments like Tupac Shakur’s hologram in 2012 and Beyoncé’s groundbreaking 2018 performance. Despite Lamar and Rihanna’s absence, Coachella’s 2024 edition featured a star-studded lineup, including Lana Del Rey, Doja Cat, and Tyler, the Creator. As anticipation builds for the 2025 edition, Goldenvoice will be looking to fill the headline spots with equally compelling acts
4. Davido shows off luxurious new wristwatch
Davido branched white stone jewelers to pick up amazing Tangerine Patek ⌚️that matches his new Rolce Royce pic.twitter.com/hghHWQwOvd
— Empress🤍🦋 (@maryam_zeph) October 7, 2024
Nigerian music sensation Davido has once again captured the spotlight, flaunting his latest acquisition—a luxurious new wristwatch. In a recently shared video, the Afrobeats superstar proudly displayed the high-end timepiece, calling it a “showstopper” and emphasizing its undeniable presence. “Whenever I step into an event, my wristwatch needs no introduction,” Davido remarked confidently. His close friend, celebrity barman Cubana Chief Priest, echoed his sentiments, admiring the lavish item and its bold statement.
However, fans speculate that this latest display of wealth might rekindle tensions between Davido and fellow artist Wizkid, who recently took jabs at him on social media platform X, sparking rumors of a renewed rivalry. As Davido continues to make headlines with his extravagant lifestyle, his penchant for high-end fashion and luxury goods remains a topic of discussion among fans and industry watchers alike.
5. LeBron James and son Bronny make history by sharing the court in Lakers preseason game
LeBron James. Bronny James.
The father-son duo share the court for the first time together! 👏 pic.twitter.com/93hC7k64gK
— NBA (@NBA) October 7, 2024
LeBron James and his eldest son, Bronny James Jr., made basketball history on the night of October 6 by sharing the court for the first time during the Los Angeles Lakers’ preseason game against the Phoenix Suns. The Lakers lost 118-114 at Acrisure Arena, but the night will be remembered for the unprecedented moment between father and son, marking the first time in NBA history that a father-son duo played together. The milestone coincided with Bronny’s 20th birthday, adding even more significance to the event. Lakers coach JJ Redick expressed his admiration for the occasion, calling it “surreal” and a moment of pride to witness.
LeBron, taking to X (formerly Twitter) after the game, shared his excitement, writing, “WOW, THAT WAS SURREAL!!” Bronny, selected 55th overall by the Lakers in June after one season at the University of Southern California, has made waves as one of the NBA’s rising stars. While speaking on an episode of “The Shop,” LeBron humorously revealed a key rule for their time as teammates: Bronny is not allowed to call him ‘dad’ during team activities, opting for nicknames like “2-3” or “Bron.” The emotional weight of the game and this special father-son dynamic set the stage for what could be a thrilling NBA season ahead.
Featured Image: Inez and Vinoodh/VLM Production for Time Magazine
Our Weekday News Digest summarizes five of the hottest news topics worldwide–including celebrity news from Hollywood to Nollywood, the latest trending global headlines from American reports to top African news today, and the best sports stories in 2024.
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