Taylor Swift, the most followed and beloved pop star at the moment, is now a billionaire. Between musical recognition and luxury houses, her net worth has doubled.
What is Taylor Swift’s net worth? The enormous success of the Eras Tour has allowed the pop star to double her net worth. This year, Taylor Swift officially entered the group of America’s billionaires and the Forbes ranking of the 10 highest paid artists in the world.
Her penultimate album, Speak Now (Taylor’s Version), a reissue of the original released in 2010, has the highest number of sales of 2023. With the same album, she broke three records on Spotify: most downloaded artist in a single day, most downloaded album, and first female artist to reach one million plays per month. Taylor is also the first female artist in history to place 4 albums in the top 10 of the Billboard 200 chart in July 2023 and the most-awarded singer ever with 29 Billboard Music Awards.
Even without taking into consideration some important sources of income, such as the concerts scheduled for 2024, the film, which is still in theaters, and her new album, 1989, released just a few days ago, we can estimate her current net worth and understand what allowed her to become a billionaire.
Taylor Swift, current assets
In less than a year, since the start of her concert tour and the launch of her film The Eras Tour, Taylor Swift’s net worth has reached $1.1 billion, making Taylor officially a billionaire. The sum does not take into account the sales of the latest re-edited album, 1989, released just a few days ago, nor the proceeds of his concert film.
Even before finishing the Eras Tour, Taylor already made history. In fact, in terms of projected revenues, it has already beaten Elton John’s tour by half a billion dollars. According to some estimates, Taylor Swift’s net worth will reach $1.4 billion at the end of the shows. If these estimates prove correct, the pop star will break yet another record, that of the highest-grossing female tour of all time, currently held by Madonna.
The film The Eras Tour broke another record. With a gross of 96 million dollars in a single weekend, it becomes the highest-grossing musical film ever. Considering the worldwide box office, the film has grossed more than $126 million so far. However, there isn’t a precise estimate on Taylor’s net earnings from the film, which is why the figures reported were not included in the calculation of her current assets.
Here’s how Taylor Swift became a billionaire
But how did Taylor Swift become a billionaire? Usually, billionaire American artists own clothing or beauty brands like, for example, Kim Kardashian. Instead, Taylor owes her fortune mainly to his musical career. Over the years, the musical talent of the young pop star had already allowed her to generate around $400 million, between concerts and records sold.
Added to this figure are $80 million earned from royalties and $120 million from streaming platforms. But what doubled her assets and made her a billionaire was her concert tour which began in March 2023. In fact, with a price of $245 per ticket and an average of 54,000 spectators at each stop, According to Bloomberg estimates, Taylor earns more than $13 million per concert. To date Taylor has already performed 44 concerts, thus grossing a total of more than $500 million.
Taylor Swift’s Real Estate
The pop star’s assets also include her very luxurious homes. Taylor bought her first home at the age of twenty, a penthouse in Nashville worth $1.9 million. She subsequently bought a villa for his parents in Forest Hill, London, worth $2.5 million.
As of 2014, Taylor purchased an entire block in New York for $47.7 million. In 2015, she also bought the villa of Hollywood producer Samuel Goldwyn for $25 million and, in 2013, an estate in Rhode Island for $17.7. To date, the singer’s real estate assets are worth over $100 million.
Original article published on Money.it Italy 2023-11-15 14:12:00. Original title: Quanto guadagna Taylor Swift? Ecco come la pop star è diventata miliardaria
