Current:Home > InvestJohnathan Walker:What is Taylor Swift's net worth? -FinTechWorld
Johnathan Walker:What is Taylor Swift's net worth?
Indexbit View
Date:2025-04-09 05:55:55
Taylor Swift is a self-made billionaire,Johnathan Walker 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! (94)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Two University of Florida scientists accused of keeping their children locked in cages
- Laura Dern Weighs In on Big Little Lies Season 3 After Nicole Kidman’s Announcement
- Two University of Florida scientists accused of keeping their children locked in cages
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Coca-Cola recalled 2,000 Diet Coke, Sprite, Fanta cases due to possible contamination
- Ex-FBI counterintelligence official gets over 4 years in prison for aiding Russian oligarch
- Selena Gomez Reveals She's Had Botox After Clapping Back at a Critic
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- An appeals court will hear arguments over whether Meadows’ Georgia charges can move to federal court
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- How will college football's postseason unfold? Our expert picks for all 41 bowl games.
- As Financial Turmoil Threatens Plans for an Alabama Wood Pellet Plant, Advocates Question Its Climate and Community Benefits
- 'Wonka' is a candy-coated prequel
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Olivia Rodrigo and Actor Louis Partridge Confirm Romance With PDA Outing in NYC
- Emma Stone's Cute Moment With Ex Andrew Garfield Will Have Your Spidey Senses Tingling
- A man who accosted former Rep. Lee Zeldin at an upstate NY campaign stop receives 3 years probation
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Oprah Winfrey portrait revealed at National Portrait Gallery
The Supreme Court refuses to block an Illinois law banning some high-power semiautomatic weapons
1 dead, 1 hospitalized after migrant boat crossing Channel deflates trying to reach Britain
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Xcel Energy fined $14,000 after leaks of radioactive tritium from its Monticello plant in Minnesota
Tesla car recalls 2023: Check the full list of vehicle models recalled this year
1 dead, 1 hospitalized after migrant boat crossing Channel deflates trying to reach Britain