KATY PERRY BECOMES THE NEW BILLIONAIRE AFTER SELLING MUSIC RIGHTS FOR $225 MILLION

Artist Katy Perry has gracefully entered the list of America’s Billionaires.

After she decided to sell her hit songs to Litmus Music for more than 225 million US dollars , which combined with the value of her previous assets, makes the value of the assets she currently owns worth as high as 340 million US dollars!

Earlier this week, it was reported that she sold the rights to five albums between 2008 and 2020, including hits like Teenage Dream, Prism, Witness, Smile , and more.

But the main works The original masters will remain owned by Universal Music Group, but Litmus Music will be able to use them as they please.

However, no reason was given as to why she chose to sell the songs to a new owner. But since the 2010s, she has turned her focus to real estate.

Personal fashion business, charity work, and starting a family with her partner, famous actor Orlando Bloom.