Taylor Swift has now reached billionaire status
thanks to her showstopping Eras Tour
see how the pop star makes
and spends her fortuneIn this article:
Taylor SwiftAmerican singer-songwriter
Taylor Swift’s net worth is now $1.1 billion, Bloomberg News reported and Forbes confirmed.
The pop star is a prolific songwriter who’s amassed a significant fortune throughout her career.
Here’s how Swift earns and spends her fortune, from real estate to charitable donations.
Taylor Swift never fails to impress.
At 15 years old, she was the youngest songwriter to ever sign with Sony. She now has 14 Grammys on her shelf — including four for album of the year, the most of any artist in history — several tours under her belt, 10 studio albums, a long list of chart-topping songs, and a beloved fan base who dub themselves “Swifties.”
Such success makes Swift one of the world’s highest-paid celebrities and one of the richest female singers. According to a Bloomberg News analysis published on the eve of her “1989” album rerelease, Swift has officially built a billion-dollar empire.
Forbes recently confirmed her $1.1 billion net worth, citing in part her massive ongoing Eras Tour and its subsequent concert movie.
Swift has been strategic and generous with her money, investing in a sprawling $84 million real-estate portfolio and often donating to causes she supports.
See how Swift earns and spends her fortune below.
Hillary Hoffower, Libby Torres, and Taylor Nicole Rogers contributed to a previous version of this article.
Taylor Swift currently has an estimated net worth of $1.1 billion.
Taylor Swift’s “All Too Well” won best music video at the 2023 Grammys.Dimitrios Kambouris/Getty Images
According to Forbes, which published a series of 2024 billionaire reports on Tuesday, Swift is the first musician to reach 10-figure status solely based on songwriting and performing (rather than brand deals or business ventures).
Swift’s vast fortune is primarily thanks to her valuable discography and earnings from streaming deals, music sales, concert tickets, and merchandise.
Representatives for Swift did not immediately respond to Business Insider’s request for comment regarding the Forbes report.
The pop star’s record-breaking Eras Tour, which began in March 2023, propelled the singer to billionaire status.
Callie Ahlgrim,Eve CrosbieTue, 2 April 2024 at 5:02 pm GMT-4·11-min read
has now reached billionaire status thanks to her showstopping Eras Tour — see how the pop star makes and spends her fortuneIn this article:
Taylor SwiftAmerican singer-songwriter
Taylor Swift’s net worth is now $1.1 billion, Bloomberg News reported and Forbes confirmed.
The pop star is a prolific songwriter who’s amassed a significant fortune throughout her career.
Here’s how Swift earns and spends her fortune, from real estate to charitable donations.
Taylor Swift never fails to impress.
At 15 years old, she was the youngest songwriter to ever sign with Sony. She now has 14 Grammys on her shelf — including four for album of the year, the most of any artist in history — several tours under her belt, 10 studio albums, a long list of chart-topping songs, and a beloved fan base who dub themselves “Swifties.”
Such success makes Swift one of the world’s highest-paid celebrities and one of the richest female singers. According to a Bloomberg News analysis published on the eve of her “1989” album rerelease, Swift has officially built a billion-dollar empire.
Forbes recently confirmed her $1.1 billion net worth, citing in part her massive ongoing Eras Tour and its subsequent concert movie.
Swift has been strategic and generous with her money, investing in a sprawling $84 million real-estate portfolio and often donating to causes she supports.
See how Swift earns and spends her fortune below.
Hillary Hoffower, Libby Torres, and Taylor Nicole Rogers contributed to a previous version of this article.
Taylor Swift currently has an estimated net worth of $1.1 billion.
Swift’s five-continent Eras Tour has been nothing short of a sensation. It’s the first tour ever to gross over $1 billion in revenue and is on track to become the highest-grossing tour of all time.
In October 2023, after Swift toured 56 dates across the US and Mexico, The Eras Tour had already generated $780 million and added $4.3 billion to America’s gross domestic product, according to Bloomberg Economics.
She has since made stops in Argentina, Brazil, Japan, Australia, and Singapore, with plans to continue in Europe and North America throughout 2024 following the release of her new album, “The Tortured Poets Department.”
The movie version of the tour broke box-office records before it was even released. It grossed more than $261 million worldwide.
The Eras Tour” premiered in theaters in October 2023.Valerie Macon/AFP via Getty Images
Worldwide ticket presales had already exceeded $100 million before the film was released (a day early) on October 12, 2023, AMC Theatres reported.
According to ticketing service Fandango, “Taylor Swift: The Eras Tour” set a new record for the highest first-day ticket sales in 2023. It has also become the highest-grossing concert movie of all time, surpassing “Justin Bieber: Never Say Never.”
Swift, who bypassed movie studios to personally fund the concert movie, will receive half of the box office earnings for the film, which grossed $261 million worldwide.
Swift cashed in on her blockbuster Eras Tour movie again by selling the streaming rights to Disney for more than $75 million.
bought the exclusive rights to stream “Taylor Swift: The Eras Tour.”Kevin Winter/Getty Images for TAS Rights Management
Once “Taylor Swift: The Eras Tour” had left theaters, Swift struck a deal with Disney+ to release the film’s extended version on streaming.
According to Puck News, Disney paid upwards of $75 million for the exclusive rights.
Citing anonymous sources, the outlet reported that Disney’s Bob Iger outbid Netflix and Universal Pictures (which handled VOD distribution for the film in December) for the streaming rights by offering the huge sum, which the other two streamers couldn’t match.
Swift has endorsement deals and partnerships with high-profile brands.
starred in a 2022 commercial for Capital One.Capital One/YouTube
These partnerships include Capital One, AT&T, Stella McCartney, Elizabeth Arden perfumes, American Express, Keds, Diet Coke, Walmart, and Apple.
But touring has long been Swift’s biggest money maker. The 1989 World Tour grossed more than $250 million in 2015.
