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Forbes Annual Billionaires List: Forbes has unveiled its highly anticipated annual billionaires list, and this year's roster boasts an impressive 18 celebrity billionaires. Notably, Selena Gomez, who was previously reported to have joined the billionaire club, is conspicuously absent from the list. However, two other prominent female celebrities, Taylor Swift and Rihanna, have secured spots on the coveted list, albeit with distinct reasons contributing to their billionaire status.

According to Forbes, a significant trend has emerged among celebrities who have achieved billionaire status. Rather than solely relying on their primary claim to fame, many celebrities have leveraged side ventures to amass their wealth. A prime example of this phenomenon is Rihanna, whose estimated net worth of $1.4 billion can be largely attributed to her entrepreneurial endeavors. Specifically, her lingerie company, Savage X Fenty, and cosmetics brand, Fenty Beauty, have been instrumental in catapulting her to billionaire status, rather than her successful music career. In stark contrast, Taylor Swift's $1.6 billion net worth has been primarily built on her core talents as a singer-songwriter. Her wealth is largely derived from her lucrative songwriting, recording, and live performances. Interestingly, a relatively small portion of her wealth, totaling $115 million, is tied to her real estate holdings. What sets Swift apart is that she has achieved billionaire status without relying on notable side hustles, making her case a unique exception to the prevailing trend.

Jay-Z, the renowned musician and entrepreneur, has secured a spot on the Forbes list with an impressive net worth of $2.5 billion. His wealth can be attributed to a diverse range of lucrative ventures, including his highly successful liquor brands, his stake in the ride-hailing giant Uber, and his extensive and valuable art collection. As the only other musician on the list, Jay-Z's business acumen and entrepreneurial spirit have enabled him to build a vast fortune that extends far beyond his successful music career.

The Forbes list also welcomes a number of newcomers, including the legendary musician Bruce Springsteen, comedian Jerry Seinfeld, and actor Arnold Schwarzenegger. These individuals have joined a prestigious group of celebrities who have achieved billionaire status, including media mogul Oprah, reality TV star Kim Kardashian, and sports legends LeBron James, Tiger Woods, Michael Jordan, and Magic Johnson. 

In addition to these notable individuals, the Forbes list also features a number of influential figures from the world of entertainment. Directors Peter Jackson, Steven Spielberg, and George Lucas have all made the list, thanks to their incredibly successful careers in filmmaking. Movie mogul Tyler Perry and Law & Order creator Dick Wolf have also achieved billionaire status, demonstrating the immense financial rewards that can be achieved through success in the entertainment industry.