Celebrity Taylor Swift is on tour and web fans are enjoying her live performances throughout the U.S. One Swifty, as her fans are called, recently commented on her financial savvy. A hedge fund manager recently posted on social media about a Swift concert he attended with his daughters as well as shared his appreciation of Taylor Swifts’s financial acumen as she avoided the beleaguered crypto company FTX, unlike several other celebrity stars. FTX saw a massive collapse in November and its founder CEO Sam Bankman-Fried is facing criminal charges.
Last weekend, Boaz Weinstein shared on social media that he and his daughters were having a blast at the Taylor Swift concert in Philadelphia. He also shared that the popular singer invested in “discounted closed end funds” and that he received this financial information from her father Scott. The hedge fund manager also said, “For many reasons, it’s hard not to be a Swifty.”
Celebrity Taylor Swift has learnt to deal with the harsh reality of business early in her life, when she lost copyrights of her earlier songs. She redid the songs and fans loved the reworked versions and made the new tracks super hits.
Crypto company FTX offered celebrity Taylor Swift a $100 million sponsorship deal. However, the business savvy singer did due diligence and did not sign an agreement with the crypto exchange. Unlike other celebrity stars, who are now facing the heat with lawsuits for promoting FTX, Taylor Swift has no connection with the bankrupt crypto company.
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Several celebrity stars such as Shaquille O’Neal, Tom Brady, Larry David and others are facing a class-action lawsuit for promoting FTX.
In April, Adam Moskowitz, the lawyer who is supporting the plaintiffs appeared on The Scoop, a podcast by Frank Chaparro. He said that the “one person” who had done due diligence and never promoted FTX was Taylor Swift. No wonder web fans of Taylor Swift come from different walks of life as they appreciate her singing as well as her business acumen, intelligence and more.
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