Information reaching Kossyderrickent has it that Taylor Swift new net worth is $1.1B coming entirely from her music as she’s officially becomes a billionaire in dollars.
The outlet, which runs the Bloomberg Billionaires Index, said Swift’s total net worth is now at $1.1 billion, thanks to a record-breaking Eras tour that helped boost the US economy this summer.
Bloomberg said Swift is one of the few entertainers to reach that status based on just her music and performance.
Chris Leyden, director of growth marketing at SeatGeek, previously told CNN that “Taylor Swift’s ‘Eras’ tour is rewriting the playbook of entertainment economics.”
“She’s not just a performer — she’s an economic phenomenon,” Leyden said. Swift has dominated not only Super Bowl-sized arenas, but local movie theaters as well. In its opening weekend, the pop singer’s concert film, “Taylor Swift: The Eras Tour,” raked in about $96 million in the box office in the United States and Canada, making it the highest-groatssing concert film domestically for an opening weekend, according to AMC.
The Eras tour could gross $2.2 billion in North American ticket sales alone, according to August survey data from research firm QuestionPro provided to CNN exclusively. That 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. That would make it the highest-grossing tour ever.
Her prolific songwriting, negotiations around streaming and shrewd decision to re-record her first six albums have enabled her to create massive financial success at a time musicians have lost clout in the industry. The close relationship she’s cultivated with her millions of ardent fans has led to a more unified demographic than just about any political party, evidenced by the swapping of beaded Swift-inspired friendship bracelets that’s become a universal rite among concertgoers. Swift, as even the most casual pop-culture watchers can attest, is everywhere. And in one of the biggest years of her nearly two-decade career, she’s entered into even more rarefied status: billionaire.
The success of the Eras tour—a Super Bowl-sized event spanning numerous cities that has shattered records, sparked ticket frenzies and even caused the equivalent of a small earthquake—has propelled the pop star’s net worth past $1 billion, according to a Bloomberg News analysis. She’s one of the few entertainers to reach that status based on music and performing alone, the result of work and talent, but also canny marketing and timing.
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