As per Bloomberg News, presently has an estimated Taylor Swift net worth of $1.1 billion. Pop superstar Taylor Swift has had one success after another this year, but a new achievement reveals that she is moving up a different kind of chart.
The millions of Swift fans who paid a hefty price for tickets to her current Eras Tour—which is scheduled to visit Argentina and Brazil in November—are surely not surprised by this revelation. As reported by Bloomberg, Swift’s income grew by $370 million as a result of the tour’s ticket and retail sales, which also contributed a staggering $4.3 billion to the US economy this year. Jerome Powell, the chair of the Federal Reserve, was especially impressed by the achievement and included it in his optimistic list of indicators of an improved economy.
Swift’s financial successes are especially noteworthy as she is one of the few musicians whose revenue comes solely from music. In addition to those enormous concert earnings, Bloomberg breaks down her earnings into $400 million from her combined past and present song catalog, $120 million from streaming, and $80 million in royalties from music sales. (Bloomberg also factors in the $110 million total worth of her five residences.)
Swift is surrounded by other big stars like Beyoncé, Madonna, and Rihanna on the Forbes Celebrity Women earnings rankings. With a net worth of almost $1.4 billion, the latter singer is now rated second on the list (Oprah Winfrey is ranked first). However, the majority of Rihanna’s income comes from her numerous partnerships with luxury brands and her Fenty Beauty product line.
With all this wealth, Swift hasn’t been frugal either. Known for her extravagant gifts, she has made numerous generous donations to local food banks while on the Eras Tour.