This year, pop icon Taylor Swift has had hit after hit, but a recent milestone sees her topping a different kind of chart. His net worth is currently estimated at $1.1 billion, according to Bloomberg News.
This news probably won’t surprise the millions of Swifties who spent big bucks to buy tickets to the current Eras Tour, which heads to Argentina and Brazil in November.
Ticket sales and merchandise from this tour have contributed $370 million to Swift’s fortune, according to Bloomberg, and have also injected a staggering $4.3 billion into the U.S. economy this year.
This achievement even caught the attention of Fed Chairman Jerome Powell, who included it among hopeful signs that the economy was improving.
In fact, Taylor Swift’s financial success is rare, considering she’s one of the few artists who makes most of her money solely from music. Bloomberg’s earnings breakdown includes massive concert revenues as well as $400 million from his past and current music catalogue, $120 million from streaming revenue and $80 million in royalties from music sales. (Bloomberg also calculates the value of his five homes, totaling $110 million.)
Taylor Swift ranks well in Forbes’ celebrity women’s earnings rankings, along with other music stars like Beyoncé, Madonna and Rihanna. The latter singer currently sits at No. 2 on the list, with a net worth of nearly $1.4 billion (Oprah Winfrey is No. 1), but the vast majority of Rihanna’s income comes from her Fenty Beauty line and her numerous partnerships with other luxury products. brands. .
Taylor Swift isn’t stingy with all that wealth, either. He is famous for (among other things) giving extravagant bonuses to his staff and crew, and has made generous donations to local food banks at many Eras Tour stops.
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