Is Taylor Swift a billionaire?

Could you elaborate on the circumstances surrounding the question "Is Taylor Swift a billionaire?" Given her remarkable success in the music industry, her vast global fanbase, and her numerous accolades, Taylor Swift's financial status has always been a topic of discussion. However, the threshold of billionaire status is a significant milestone, requiring immense wealth accumulation. It's crucial to consider not only her earnings from album sales, concert tickets, and merchandise, but also potential investments, endorsements, and business ventures. Could you provide insight into how these factors may contribute to Taylor Swift's net worth, and whether or not she has reached the coveted billionaire status?