Current:Home > FinanceWhat is Taylor Swift's net worth? -ProfitSphere Academy
What is Taylor Swift's net worth?
View
Date:2025-04-16 01:34:50
Taylor Swift is a self-made billionaire, having generated tremendous wealth almost exclusively off of her music. Other hyper successful pop stars and celebrities have generated lucrative streams income through brand partnerships or product lines that have nothing to do with their art, but have catapulted them to billionaire status.
Swift's income streams include revenue from her concert tour ticket sales, music catalog, streaming deals and record sales. She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune.
Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported. Her wealth is powered by her legions of loyal fans, whose spending on all things Swift-related make the pop star an economic engine on her own, bringing tourist dollars to the cities in which she performs.
The U.S. Travel Association estimates her Eras Tour generated more than $5 billion for local economies in the U.S. alone. Since she began dating Kansas City Chiefs tight end Travis Kelce, Swift has even boosted the NFL's number of fans and Americans' spending on football.
Here's how Taylor Swift's wealth breaks down
Streaming deals
Swift is estimated to have earned $175 million through her contracts with music streamers including Spotify, Apple Music and others, according to Bloomberg's estimate. The deals make her array of original songs available to the services' subscribers.
Music catalog
In 2019, Swift feuded with Scooter Braun, owner of her former label, Big Machine Records, over the ownership of the masters of her first six albums. She subsequently re-recorded and released new versions of her earlier work to reclaim ownership of her songs. Her music catalog is worth an estimated $400 million, according to Bloomberg.
Music sales
Swift has earned an estimated $80 million in royalties form record sales, according to Bloomberg.
Concert revenue
Live performances are the greatest income generator for Swift, who is in the midst of her Eras Tour, the highest grossing music tour of all time and the first to cross the billion dollar mark at the end of 2023, according to Pollstar. Bloomberg estimates she has earned at least $370 million from touring over the course of her career as a musical artist.
Her Eras Tour continues, with Swift slated to perform 151 shows across five continents before it concludes.
Property values
Swift owns both a condo and estate in Nashville, Tennessee, plus second, third and fourth homes. She has an estate in Los Angeles, an apartment in New York City's TriBeCa neighborhood and a seaside summer home in Watch Hill, Rhode Island.
Combined, the real estate adds an estimated $110 million to the singer's net worth, after taking taxes and property management costs into consideration.
Megan CerulloMegan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News Streaming to discuss her reporting.
veryGood! (7128)
Related
- Meet first time Grammy nominee Charley Crockett
- Bo the police K-9, who located child taken at knifepoint, wins Hero Dog Awards 2024
- Rita Ora Says Liam Payne “Left Such a Mark on This World” in Emotional Tribute
- Diddy's ex-bodyguard sues rape accuser for defamation over claims of 2001 assault
- Sonya Massey's father decries possible release of former deputy charged with her death
- Fire crews gain greater control over destructive Southern California wildfire
- MLS playoff teams set: Road to MLS Cup continues with conference semifinals
- NASCAR Cup Series Championship race 2024: Start time, TV, live stream, odds, lineup
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Cruise ship rescues 4 from disabled catamaran hundreds of miles off Bermuda, officials say
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Mike Tyson vs. Jake Paul stirs debate: Is this a legitimate fight?
- Here's Your First Look at The White Lotus Season 3 With Blackpink’s Lisa and More Stars
- College football top five gets overhaul as Georgia, Miami both tumble in US LBM Coaches Poll
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- 'Heretic' spoilers! Hugh Grant spills on his horror villain's fears and fate
- Are Ciara Ready and Russell Wilson Ready For Another Baby? She Says…
- Hill House Home’s Once-A-Year Sale Is Here: Get 30% off Everything & up to 75% off Luxury Dresses
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Bo the police K-9, who located child taken at knifepoint, wins Hero Dog Awards 2024
Tennessee fugitive accused of killing a man and lying about a bear chase is caught in South Carolina
College football top five gets overhaul as Georgia, Miami both tumble in US LBM Coaches Poll
Travis Hunter, the 2
Suspected shooter and four others are found dead in three Kansas homes, police say
Chet Holmgren injury update: Oklahoma City Thunder star suffers hip fracture
Mega Millions winning numbers for November 8 drawing: Jackpot rises to $361 million