Swift’s net worth surpasses $1 billion as she enters the billionaire era
According to a recent Bloomberg report, Taylor Swift’s Eras tour has propelled her to billionaire status, making her one of the few recording artists to earn a 10-figure fortune nearly exclusively through her music.
The singer, who broke box office records with her Eras tour concert film ($92.8m in its opening weekend) and is expected to top the charts again this weekend with the re-release of her 2014 album 1989, is reportedly worth a total of roughly $1.1 billion, according to the «most definitive account yet» of the 33-year-old pop star’s wealth.
Her tour helped her reach billionaire status; it ended its US run in August and will begin a lengthy foreign leg next month. The estimate by Bloomberg News states that the gross domestic product of the US increased by $4.3 billion as a result of the 53 concerts on the tour.
The estimated worth of her five homes ($110 million) and music catalog ($400 million for songs released since 2019), some of which she has reclaimed through a convoluted and widely reported process of re-recording, were factored in. Additionally, earnings from music sales ($80 million), concert tickets and merchandise ($370 million), and streaming deals ($120 million from YouTube and Spotify) were also considered. Bloomberg reached out to Swift and her reps for comment, but they did not reply.