Taylor Swift Is Officially a Billionaire (2024)

Taylor Swift Is Officially a Billionaire (2)

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In a major win for the intersection of art and capital, Taylor Swift has officially become a billionaire. While there had been speculation that the success of the Eras Tour would elevate her from mere hundred millionaire to billionaire, Swift’s status became official when Forbes released its annual “New Billionaires” list on Tuesday.

According to Forbes, the Eras Tour is the first to surpass $1 billion in revenue. Take that alongside Swift’s sizable real-estate portfolio, the value of her catalogue, and her continued ability to sell physical copies of her music, and the pop star now has an estimated net worth of $1.1 billion. Her spot on the billionaires list is especially notable because she’s the first musician to get there “solely based on her songs and performances.” Rihanna, meanwhile, had to create a paradigm-shifting makeup line to earn her spot.

Now, I know you’re wondering, How could she ever spend all that money? Well, she can’t, but I do know how she could put a dent in it. As we’ve learned in the past year, Swift’s favorite hobby is going out to dinner with her girls. She should start a foundation that provides grants to young women who want to spend most of their time chilling at nice restaurants. This would be huge for philanthropy and local economies across the globe and would make Swift a “cool billionaire” (a title previously believed to be an oxymoron). Tree Paine, if this sounds interesting to you, please get in touch.

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Taylor Swift Is Officially a Billionaire
Taylor Swift Is Officially a Billionaire (2024)

FAQs

Is Taylor Swift actually a billionaire? ›

Taylor Swift has been girl bossing her way to the big bucks since the start of her career and after nearly two decades in the industry she is reaping the rewards. According to Bloomberg, Taylor has been a billionaire since 2023 after the success of her Eras Tour film, which pushed her to a net worth of $1.1 billion.

Is Taylor Swift an unethical billionaire? ›

The ethics of excessive wealth

It is functionally unethical to be a billionaire in a society where poverty, food insecurity, and homelessness exist. Multibillionaires could eliminate these social problems and still be billionaires afterward. This will be true of Taylor Swift as she accumulates more wealth, too.

Why is Taylor Swift very rich? ›

According to Forbes, the estimated figure is based on the value of Swift's music, earnings from her world tour and her real estate portfolio. The US country-turned-pop singer is the only musician to have earned so much money from her songs and performances alone, Forbes adds.

Is Taylor Swift the wealthiest singer? ›

Taylor Swift joins world's richest on Forbes billionaire list - Who else is on the list? Taylor Swift becomes the first musician to appear on Forbes' list solely based on her songs and performances.

How did Taylor become a billionaire? ›

Forbes first identified Swift as a billionaire in October 2023 due to the success of her Eras Tour. The magazine reported she was the first musician to become a billionaire solely off of earnings from her music and performances.

Where does Taylor Swift rank in Wealth? ›

Among other celeb billionaires who made the cut — including Rihanna, Kim Kardashian, Oprah Winfrey and "Star Wars" creator George Lucas — Swift was ranked at No. 14 with a net worth of $1.1 billion.

Does Taylor Swift have her own charity? ›

The Taylor Swift Charitable Fund - Community Foundation of Middle Tennessee - Nashville, TN.

Why Taylor Swift is a business genius? ›

Taylor Swift isn't just a pop superstar; she's a masterclass in modern marketing. Her approach to building and engaging a community offers valuable lessons for businesses aiming to deepen customer relationships and enhance brand loyalty.

Is Taylor Swift richer than Elon Musk? ›

Elon Musk has some new company on the list of the world's richest people: Taylor Swift, who's now reached her billionaire “era.” Buoyed by the rise in Tesla stock and the surge in SpaceX's valuation, Musk has reclaimed the title of the world's richest person in an annual ranking of billionaires.

Who is Taylor Swift's richest ex? ›

Calvin Harris, with an estimated net worth of US$300 million, tops the list of singer-songwriter Taylor Swift's wealthiest romantic interests.

Is any singer a billionaire? ›

As of 2024, six music artists have reached the billionaire status on Forbes reports: Jay-Z leading the list with US$2.5 billion, and becoming the first billionaire music artist, followed by Rihanna (the first billionaire female artist), Taylor Swift—the first primarily billionaire artist on the basis of her music and ...

Is Rihanna richer than Taylor Swift? ›

Rihanna is worth a staggering $1.4 billion. Taylor Swift has a net worth of $740 million, and Beyonce is at $540 million. Other big name musicians on the list include Madonna, Dolly Parton, Celine Dion and Barbra Streisand.

Who has more money, Oprah or Taylor Swift? ›

Swift landed at No. 34 with a net worth of $750 million; Judy Sheindlin, aka Judge Judy, is at No. 56 with $480 million and Winfrey at No. 13 with $2.5 billion.

Who makes more money Adele or Taylor Swift? ›

Taylor Swift ($170 million) Adele ($80.5 million) Madonna ($76.5 million)

What does Taylor Swift do with all her money? ›

She's spent hundreds of millions of dollars on properties in New York City, California, Nashville, Rhode Island and more. She frequently travels via private jet, reportedly owning not just one, but two Dassault Falcon aircrafts. And her much-studied sense of style is aided by pricey, oftentimes designer pieces.

Does Taylor Swift own her royalties? ›

Rather than buy into this agreement, Swift announced she would remake the albums. Under her new record deal with Universal Music Group, she'd now own whatever masters she produced. Because she is usually the main songwriter, she would already have rights to the musical works.

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