Taylor Swift has done it: She is now considered a billionaire. She generates her huge sales mainly from her music.
The American music star Taylor Swift (33) has broken the magical billion mark. The singer has broken the sound barrier due to her current tour and now has more than a billion US dollars – the equivalent of around 950 million euros. According to the report, Swift’s performance is particularly “monumental” because she primarily generates her income directly from her music and concerts, coupled with merchandise sales.
The other billionaires from the entertainment industry, on the other hand, earn their money primarily thanks to huge advertising deals and the sale of their own lifestyle products. For example, Kim Kardashian (43) or Swift’s colleague Rihanna (35), who has attracted less attention with her music in recent years. Presenter Oprah Winfrey (69), who according to Forbes is worth around 2.8 billion dollars (approx. 2.7 billion euros), earns her money primarily thanks to her production company Harpo.
Taylor Swift: That’s how successful her current tour is
Swift’s current “The Eras” tour has been breaking many records for months and is on track to become the highest-grossing tour in history. In the USA alone, according to “Bloomberg”, the 53 concerts so far have not only increased Swift’s fortune, but also boosted the gross domestic product of the United States of America by 4.3 billion US dollars (approx. 4.1 billion euros). .
“Bloomberg” expressly points out in the corresponding article that the estimates regarding Swift’s wealth are rather conservative in nature. Only publicly known figures, such as those from streaming contracts, were used in the calculations.
The current tour alone is expected to bring in an incredible sum of 4.1 billion US dollars (approx. 3.9 billion euros) after its conclusion next year. Never before has an artist earned this much from a single tour. The accompanying concert film “Taylor Swift: The Eras Tour”, which has been in cinemas since October 13th, is currently generating huge paychecks for Swift. In the first few days alone, it grossed a whopping 130 million US dollars (approx. 123 million euros) at the box office worldwide.
Source: Stern
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
