It seems like pop icon Taylor Swift’s ‘Eras tour’ has launched her to billionaire status as according to Bloomberg News, the singer’s net worth currently sits at an estimated $1.1 billion.
The most definitive account yet of the 33-year-old pop star’s wealth claims that the singer, who has broken 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, now has a total net worth of about $1.1bn.
The bump into billionaire territory was achieved by her blockbuster tour, which concluded its US run in August and will start an expansive international leg next month. According to the Bloomberg News analysis, the 53 concerts on the US tour added $4.3bn to the country’s gross domestic product.
Bloomberg called its analysis “conservative”, based only on “assets and earnings that could be confirmed or traced from publicly disclosed figures”. The calculation took into account the estimated value of her five homes ($110m) and music catalog ($400m for music released since 2019), some of which she has reclaimed through an elaborate and highly public process of re-recording; earnings from streaming deals ($120m from YouTube and Spotify), music sales ($80m), concert tickets and merchandise ($370m); and the impact of income tax, tour production and travel costs, and commissions paid to managers and agents.
