Taylor Swift has reportedly become a billionaire thanks to Eras tour
By Anna Martin
She's doing alright for herself.
Swiftie or not, its hard to disagree that 2023 is the year of Taylor Swift. Now the global pop sensation has added another accolade to her already very large pile, reportedly becoming a billionaire thanks to her record-breaking Eras tour.
The singer has reached a net worth of $1.1 billion (€1 billion) according to Bloomberg which marks her member of the ten-digit club.
This makes the ‘Anti-Hero’ singer one of the few people to ever reach this status through just her music and performance alone.
A majority bulk of the singer’s wealth comes from her impressive catalogue of songs which Bloomberg estimates to be worth €378 million alone.
Another €350 million is tied to ticket sales and merchandise, while Spotify and YouTube earnings account for €113 million, and her five homes are valued at €104 million.
Yet the real kicker, credited with giving Taylor billionaire status is her Eras Tour which is well on its way to becoming the highest-grossing tour in history.
Eras tour a huge contributor to Taylor Swift's billionaire status
Bloomberg reported that the 53 concerts Taylor performed in the United States this year ‘added $4.3 billion (€4 billion) to the country’s gross domestic product.’
Though these figures are all impressive, the outlet noted that their analysis was “conservative” and based on publicly available information such as her real estate portfolio and streaming deals.
It’s not just her wallet that has been seeing the benefits as the final six nights of Taylor’s Eras tour in Los Angeles were estimated to bring €303 million to the city, according to the California Center for Jobs and the Economy.
? | Taylor Swift is officially a billionaire today pic.twitter.com/SviGeYEoHU
— Pop Flop (@ThePopFlop) October 27, 2023
Taylor’s even introducing the NFL to a whole new fanbase. News that the star was rumoured to be attending an October 1st game to see Kansas City Chiefs star Travis Kelce has sent ticket prices soaring by more than 40 per cent.
According to TickPick, the price of a ticket went from €78 to €112.
Her already massive paycheck is also set to expand as the Eras Tour film hit theatres on October 13th after raking in over €75 million in advanced sales alone.
As of now, it’s grossed a whopping €123 million worldwide.
This article originally appeared on Her.ie
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