Current:Home > StocksWhat is Taylor Swift's net worth? -USAMarket
What is Taylor Swift's net worth?
Indexbit Exchange View
Date:2025-04-09 12:54:11
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! (66)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- One Direction's Harry Styles, Niall Horan, Louis Tomlinson & Zayn Malik Break Silence on Liam Payne Death
- Alabama to execute man for killing 5 in what he says was a meth-fueled rampage
- Lashana Lynch Is Pregnant, Expecting First Baby With Zackary Momoh
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Zayn Malik Shares What He Regrets Not Telling Liam Payne Before Death
- Arkansas Supreme Court upholds wording of ballot measure that would revoke planned casino’s license
- How Larsa Pippen's Dating Life Has Changed Since Second Marcus Jordon Breakup
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Christina Haack Says Ex Josh Hall Asked for $65,000 Monthly Spousal Support, Per Docs
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Biting or balmy? See NOAA's 2024 winter weather forecast for where you live
- BOC (Beautiful Ocean Coin): Leading a New Era of Ocean Conservation and Building a Sustainable Future
- Ex-funeral home owner pleads guilty to assaulting police and journalists during Capitol riot
- Meet first time Grammy nominee Charley Crockett
- The sun is now in its solar maximum, meaning more aurora activity
- Sting blends charisma, intellect and sonic sophistication on tour: Concert review
- Panel looking into Trump assassination attempt says Secret Service needs ‘fundamental reform’
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Louis Tomlinson Planned to Make New Music With Liam Payne Before His Death
DeSantis approves changes to election procedures for hurricane affected counties
'Lifesaver': How iPhone's satellite mode helped during Hurricane Helene
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
15-year-old Kansas football player’s death is blamed on heat
Wanda and Jamal, joined by mistaken Thanksgiving text, share her cancer battle
Arkansas Supreme Court upholds wording of ballot measure that would revoke planned casino’s license