- Taylor Swift is a billionaire
- Her last film broke records
- THIS is how her numbers break down
Taylor Swift is now officially America's favorite billionaire pop star! The Eras tour, Swift's latest musical venture, didn't just break records, but it gave the US economy a much-needed boost this summer. Chris Leyden (director of growth marketing at SeatGeek) hailed Swift as an "economic phenomenon," stating that her tour is "rewriting the playbook of entertainment economics."
Swift's influence isn't confined to the music scene. Her concert film, 'Taylor Swift: The Eras Tour,' raked in a staggering $96 million in its opening weekend in the US and Canada. This makes it the highest-grossing concert film domestically for an opening weekend, according to AMC.
Taylor is a force of nature
With the potential to gross $2.2 billion in North American ticket sales alone, the Eras tour could become the highest-grossing tour ever. This unprecedented total represents primary ticket sales for the US shows that Swift just concluded in Los Angeles, plus a second North American leg coming next year.
But Swift's tour didn't just make her richer - it also enriched the cities she performed in. For instance, the final six nights of Swift's Eras tour in Los Angeles were estimated to bring $320 million to the city, according to the California Center for Jobs and the Economy. Taylor's influence extends beyond the music and economic spheres. In cities where she performed, public transit ridership spiked and hotel occupancy skyrocketed. In Santa Clara, the city even briefly became "Swiftie Clara."
According to 'Bloomberg's' analysis, Swift's net worth now stands at a staggering $1.1 billion! This "conservative" estimate includes the value of her five homes, earnings from music sales, streaming deals, concert tickets, merchandise, and her music catalog's worth.
Taylor keeps going
Taylor Swift has officially entered her billionaire era! The cultural icon, who has been ruling the roost this year with her concert tour, album re-releases, a blockbuster film, and her relationship with Super Bowl champ Travis Kelce, has seen her wealth skyrocket past the 10-figure mark.
Swift's music released since 2019 alone is valued at a whopping 400 million dollars. And it seems Swift's wealth is set to soar even higher! The news of her billionaire status came just hours before the release of '1989 (Taylor's Version)', a re-recording of her massively successful 2014 album, which sold 1 million copies in its first week.
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He's taking notes
Swift's success story is a testament to her talent, hard work, and business acumen. It's clear that the pop star's billionaire era is just beginning, and we can't wait to see what she does next!
"Swift has evolved from a teen pop-country phenom to a world-famous celebrity, while maintaining an earnest, girl-with-a-guitar image that belies the machine behind her," 'Bloomberg' wrote.
The outlet predicted plenty of earnings potential in Swift’s future, based on the value of her vast songwriting catalog. While the conservative estimate of her music’s worth is around $400m, 'Bloomberg' notes a more bullish multiple of future royalties puts it around $1bn – far higher than most of her music peers. Bruce Springsteen’s catalog, sold in 2021, is worth about $550m.
