Nashville, TN

The richest self-made woman in Nashville

Ash Jurberg

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Recently Forbes released their annual Top 100 list of the richest self-made women. The list consists of the 100 most successful women entrepreneurs and executives in the United States.

To make the list in 2021, a net worth of $225 million was required. This was a significant increase from the $150 million net worth needed last year.

I have been writing a series on these inspiring women, and today it's time to look at the richest self-made woman in Nashville.

The richest self-made woman in Nashville

At number 58 on the top 100 list with a net worth of $550 million is Taylor Swift.

Swift was born in West Reading, Pennsylvania, and first visited Nashville when she was 11. She submitted demo tapes of her covering Dolly Parton and The Chicks but was rejected.

"Everyone in that town wanted to do what I wanted to do. So, I kept thinking to myself; I need to figure out a way to be different. " Taylor Swift

She learned the guitar and started to write her own songs. In 2003, when Taylor was aged 14, her father requested a job transfer to Nashville so that Taylor could pursue a career in country music.

At an industry showcase at Nashville's famous Bluebird Cafe in 2005, Taylor was spotted by recording executives and was signed by the new independent record label Big Machine Records.

Taylor's self-titled debut album was released soon after, and she managed to capture a previously untapped market - teenage girls who listen to country music. Ever since that debut album, Taylor has gone from success to success.

"[Taylor] has rocketed to the top of the music industry but still keeps her feet on the ground, someone who has shattered every expectation of what a 22-year-old can accomplish" Michelle Obama

Philanthropy

Many articles are written about Taylor's music and personal life. We could list all her albums and awards. But instead, I thought it would be good to look at her philanthropic efforts. It's something I believe all entrepreneurs should be making charitable donations, and Taylor is no different.

Taylor was ranked at number one on DoSomething's "Gone Good" list. This highlights public figures who've used their fame to support charitable causes. Taylor has also received the "Star of Compassion" accolade from the Tennessee Disaster Services. She donated $500,000 in May 2010 to assist with floods in Tennessee and has also donated $1 million to Louisana flood relief efforts, $100,000 to the Dolly Parton Fire Fund, and another $1 million in 2020 for Tennessee tornado relief.

Taylor is also a big supporter of education and the arts. She is a benefactor of the Nashville Songwriters Hall of Fame, and in 2012, she pledged $4 million to fund the building of a new education center at the Country Music Hall of Fame and Museum in Nashville.

In researching this article, I was surprised at the long list of charities, schools, and institutions that Taylor supports both with her music and her donations. It isn't often publicized, but it adds up to tens of millions of dollars- with a lot of it spent on projects in Nashville.

No matter what happens in life, be good to people. Being good to people is a wonderful legacy to leave behind.” Taylor Swift.

I write many articles on entrepreneurs and business people, but I must admit I learned a lot from researching this one.

Readers, what do you think of Taylor Swift? Are you a fan of her music? If not, were you aware of all the philanthropic work that she does?

Please leave your comments in the section below.

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