What makes Taylor Swift a billionaire at the age of 34?
According to statistics published by Forbes magazine, Taylor Swift’s net worth has accelerated spectacularly in 2023 and surpassed the $1.1 billion mark. This number proves that the “snake king” is the first female singer to join the world’s billionaires club just by singing.
It is known that Taylor Swift’s assets mainly come from her music and touring business. Most notably, the female singer has “made a fortune” thanks to the unimaginable success of The Eras tour – a show with overwhelming appeal to fans.
The Eras tour’s 146 shows not only brought in huge revenue but also contributed to economic growth at the destinations.
Taylor Swift joined the “rich lady” group – the richest billionaire in the world just thanks to singing.
In addition, Forbes magazine also ranked Taylor Swift 5th among the world’s most powerful women and the first female singer to achieve the highest rank on this list.
The owner of the hit Anti Hero ranked behind European Commission President Ursula von der Leyen at No. 1, European Central Bank President Christine Lagarde at No. 2, and US Vice President Kamala Harris at No. 1. 3rd and Italian Prime Minister Giorgia Meloni in 4th place.
The list of richest self-made women in America also lists three prominent names: Rihanna at position 20, Taylor Swift at position 34 and Beyoncé at position 48.
Taylor Swift has become a symbol of success and inspiration for young people.
Taylor Swift quickly got rich thanks to music, but she knows how to spend money, investing in huge real estate with a total value of about 80 million USD. The female singer has luxury houses in almost every state in the US, private jets and many huge resort villas.
Taylor Swift is the first female billionaire to make money entirely from music. Taylor has been composing music since she was 16 years old, so she currently owns quite a huge musical fortune. Additionally, because Taylor’s songs are all written by herself, she is entitled to the majority of royalties and publishing fees.
Re-released albums also bring in millions of dollars for female singers. According to Forbes, the pop star has earned about $92 million from re-recording his catalog.
Taylor also makes a lot of money through touring. Eras Tour is her biggest tour ever with 146 performances across 5 continents. According to estimates, the female singer earns about 13 million USD for each performance.
Taylor Swift.
The 34-year-old pop star also made a fortune from the concert film about this tour. The film’s revenue broke box office records, reaching 92.8 million USD in its opening weekend. As of this December, the film’s total revenue reached $249 million, becoming the highest-grossing concert film of all time.
Taylor Swift is an American singer-songwriter who rose to fame with country music in 2006. After 10 albums, Swift received 12 Grammy awards and 29 Billboard awards. Besides touring, she released re-recorded albums such as Fearless and Red.
