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Saturday, October 28, 2023

Taylor Swift Is A Billionaire


Taylor Swift has done something rare in this day and age: become a billionaire almost exclusively from music., reports USAToday.

Between the ongoing international Eras Tour, several weeks of her blockbuster tour film and the re-release of a nine-year-old album, "1989," plus two decades of popularity, Swift, 33, has officially earned the title of billionaire, according to analysis from Bloomberg, released Thursday.

Swift's U.S. concerts added $4.3 billion to the country’s gross domestic product this year, Bloomberg estimates.

Bloomberg says its analysis is conservative and "based only on assets and earnings that could be confirmed or traced from publicly disclosed figures." Still, the analysis took into account the estimated value of Swift's music catalog and five homes, and earnings from music sales, concert tickets, streaming deals and merchandise.

Here's how her earnings stack up:

  • An estimated $400 million off of music released since 2019, starting with "Lover"
  • $370 million from ticket sales a merchandise
  • $120 million from Spotify and YouTube
  • $110 million value of homes
  • $80 million in royalties from music sales

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