Taylor Swift entered the elite class of U.S. billionaires at the young age of 33. The singer, currently on her Eras Tour, has significantly affected the American economy since the start of her tour. The Shake It Off singer sold 2 million tickets in presale for her Eras Tour on November 15, 2022. The tour, which began on March 17, 2023, is set to cross $1 billion, making it the first billion-dollar tour in concert history.
Notably, Swift’s net worth primarily comes from her music and performances, setting her apart as one of the few pop stars to achieve this feat. Taylor Swift’s billion-dollar stack includes her album releases & royalties, concerts, real estate, and endorsements.
Taylor Swift’s Net Worth — The Pop Star Is A Billionaire
According to Bloomberg, Taylor Swift‘s net worth reached $1.1 billion as of October 2023. However, this net worth only includes published sources of revenue of the singer, indicating that her net worth may go even higher. Her ascension to billionaire status is powered by her Eras Tour, scheduled to continue until November 23, 2024.
Swift’s ten music albums have earned her approximately $400 million, the biggest chunk of her net worth. Forbes valued the publishing rights of her previous albums at $200 million. In 2020, Swift’s revenue was $23.8 million, with the majority coming from the 46% royalties earned on her albums Evermore and Folklore. In 2022, Swift’s total revenue was $92 million, including sales revenue from her latest album, Midnights.
The pop star has a record-breaking history with tour concerts. Her Reputation Tour in 2018 became the highest-grossing U.S. tour, generating $266.1 million in ticket sales. In 2015, she became the highest-grossing touring artist with her 1989 World Tour, which generated $250 million. Bloomberg has calculated $370 million in tour ticket sales and merchandise for her net worth. According to Forbes, Swift has earned $305 million from her Eras Tour which grossed $780 million in the U.S. alone.
In addition to her music career, the Anti-Hero singer owns real estate properties worth $150 million, as reported by the Wall Street Journal. These properties include her $45 million Tribeca home and a $30 million beachfront property in Rhode Island. She also purchased the historic Goldwyn Mansion in Beverly Hills, California, worth $30 million in the market. She also owns properties in Tennessee.
Other income sources contributing to her net worth include $80 million in royalties, $120 million in earnings from Spotify and YouTube, and various brand endorsement deals. The 12-time Grammy winner also made a deal with AMC Entertainment, releasing the concert film, Taylor Swift: The Eras Tour, on October 13, 2023. The film became the highest-grossing concert film with advance ticket bookings of over $100 million worldwide.
3 Pop Stars Who Are Richer Than Taylor Swift
Taylor Swift has indeed joined an elite list of billionaire pop stars, and she will continue to rise through the list with her Eras Tour. However, there are some pretty big names on the list for her to surpass. These 3 billionaire pop stars make more than the You Belong With Me singer:
3. Paul McCartney – $1.2 billion
According to Celebrity Net Worth, British musician Paul McCartney has a net worth of $1.2 billion. McCartney became a sensation along with The Beatles in the 1960s. The 18-time Grammy winner continues to earn tens of millions in royalties per year. He easily takes home $50-$70 million during his touring years. He also owns real estate properties worth $100 million across the globe.
2. Rihanna – $1.4 billion
Forbes reports Rihanna’s net worth as $1.4 billion, with most of her income coming from her global cosmetics company, Fenty Beauty. Rihanna has made considerable income from her eight albums, but a majority of her earnings now come from her businesses outside the studio. She owns a 30% stake in the Savage x Fenty lingerie line and is also a part owner of Jay-Z’s Tidal music streaming service.
1. Jay-Z – $2.5 billion
American rapper Jay-Z has achieved a net worth of $2.5 billion, breaking the billion-dollar barrier in 2019. He was named hip-hop’s first billionaire by Forbes. The 53-year-old no longer needs to release albums or go on tours to earn his millions these days. His major income sources include his liquor brands, Armand de Brignac champagne and D’Usse cognac. He also owns the Tidal music streaming service and has a $70 million stake in Uber.
