Current:Home > NewsWhat is Taylor Swift's net worth? -EquityZone
What is Taylor Swift's net worth?
View
Date:2025-04-21 07:33:00
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! (7)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Taylor Swift Goes Back to December With Speak Now Song in Summer I Turned Pretty Trailer
- Step up Your Fashion With the Top 17 Trending Amazon Styles Right Now
- Inside Clean Energy: Here Are 5 States that Took Leaps on Clean Energy Policy in 2021
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Why Did California Regulators Choose a Firm with Ties to Chevron to Study Irrigating Crops with Oil Wastewater?
- Amid Punishing Drought, California Is Set to Adopt Rules to Reduce Water Leaks. The Process has Lagged
- New Study Says World Must Cut Short-Lived Climate Pollutants as Well as Carbon Dioxide to Meet Paris Agreement Goals
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Meet the 'financial hype woman' who wants you to talk about money
Ranking
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- ‘Delay is Death,’ said UN Chief António Guterres of the New IPCC Report Showing Climate Impacts Are Outpacing Adaptation Efforts
- Nuclear Fusion: Why the Race to Harness the Power of the Sun Just Sped Up
- Inside Clean Energy: Who’s Ahead in the Race for Offshore Wind Jobs in the US?
- Grammy nominee Teddy Swims on love, growth and embracing change
- Billions in USDA Conservation Funding Went to Farmers for Programs that Were Not ‘Climate-Smart,’ a New Study Finds
- Inside Clean Energy: Here’s How Compressed Air Can Provide Long-Duration Energy Storage
- Biden Could Score a Climate Victory in a Single Word: Plastics
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
EPA Opens Civil Rights Investigation Into Louisiana’s ‘Cancer Alley’
Contact is lost with a Japanese spacecraft attempting to land on the moon
Why it's so hard to mass produce houses in factories
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Environmentalists in Chile Are Hoping to Replace the Country’s Pinochet-Era Legal Framework With an ‘Ecological Constitution’
Mattel unveils a Barbie with Down syndrome
Complex Models Now Gauge the Impact of Climate Change on Global Food Production. The Results Are ‘Alarming’