Taylor Swift’s Financial Secret: How Billionaires Grow Their Fortune

Taylor Swift’s Financial Secret: How Billionaires Grow Their Fortune

November 8, 2023 – 15:27

The 33-year-old artist became the first female musician to achieve billionaire status solely through her music.

The young singer Taylor Swift He currently has an estimated net worth of $1.1 billion and has become a financial phenomenon. With the tour “The Eras Tour” that landed in Argentina managed to raise US$780 million just from ticket sales. In this way, The 33-year-old artist became the first female musician to achieve billionaire status solely thanks to her music and live performances..

Now, Taylor could increase his fortune by investing in a stock index. Singer recently named billionaire by Forbes He had earned $18 million from his first solo tour back in 2009.

If the young artist had chosen to invest that sum of money in the S&P 500 index -from 2009 to 2023- that with reinvested dividends obtained a average annual return of 14.1%those 18 million dollars would currently have gone to 114 million dollars, solely due to the performance of the S&P 500.

Thus, Taylor’s fortune could potentially pass to the billion dollar mark in 2048.

When does Taylor Swift play in Argentina

The young singer set foot on Argentine soil this Wednesday at 12:30arrived on his private plane to Ezeiza International Airport.

The singer-songwriter, producer and businesswoman will perform three shows each day November 9, 10 and 11 in it River Stadiumwithin the framework of his successful world tour “The Eras Tour”.

Source: Ambito

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