Celebrity Taylor Swift is a billionaire after her super-duper successful The Eras Tour across the U.S. and her concert film, Taylor Swift: The Eras Tour. The film has been in the top position for the past two weeks following its mid-October global release. A popular outlet that calculates the net worth of billionaires recently reported that celebrity American singer-songwriter Taylor Swift is a billionaire and estimated her net worth to be $1.1 billion. Her web fans called Swifties are overjoyed.
The 33-year-old celebrity has built her wealth almost entirely through her music and performances. She has also marketed her talent well and has had the best timing as her live concert tour came post pandemic. Her web fans called Swifties not only spent on tickets but also boosted the economy of some cities where she performed as part of her Eras Tour as they spent on tourism. They also boosted the hospitality industry so much so that it was called the “Taylor effect.”
Bloomberg Economics said that celebrity Taylor Swift’s 53 concerts across the U.S. added an estimated $4.3 billion to the gross domestic product (GDP) of the nation.
Bloomberg reported that the bulk of her fortune comes from the following:
touring
music sales
streaming
real estate and
her song catalogs.
The outlet reported the following estimates
Value of Taylor Swift’s music released since 2019—$400 million
Ticket sales and merchandise—$370 million
Spotify and YouTube earnings—$120 million
Current value of five properties owned by Taylor Swift—$110 million and
Royalties from music sales—$80 million.
Taylor Swift has scheduled another 89 shows all over the world. She will travel to Asia, Australia and Europe in 2024. She rereleased her album 1989 on October 27 and it is expected to break records as most of her albums do. It also has five songs that have not been previously released. Celebrity Taylor Swift continues to be successful as she shares a personal relationship with her web fans that strengthens their mutual relationship.
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