How Much Is Taylor Swift's Net Worth?

2 April 2024, 17:30 | Updated: 2 April 2024, 17:35

By Capital FM

@CapitalOfficial

How rich is Taylor Swift really? Here's a breakdown of how she makes her money, her net worth and when she became a Forbes certified billionaire.

Taylor Swift was a busy bee in 2023 as she completed her Eras tour, bagged herself a new boyfriend in the form of Travis Kelce and of course, released Taylor's Version of her past hit singles.

And with such a busy career, the 'Cruel Summer' singer has a heavy bank balance to go with it as she boasts one of the biggest net worths in the music business.

However, there’s a couple of different things that go into figuring out someone’s net worth. How much money they have in the bank is obviously one of them, but a lot of the time stars have their money tied up in investments which can go up or down.

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Unlike some pop stars, Taylor Swift has remained tight-lipped over how much her last record deal with Republic Records was worth and not much is known about the details of her past endorsement deals with brands like CoverGirl, Coca-Cola and Sony.

What we do know is that she's broken records on The Eras Tour, and continues to make millions from her albums after re-recording her first six releases.

Let's also not forget how many fans bought tickets to The Eras Tour Film when it was first announced too; AMC Theatres said they made $26 million (£21m) in revenue the day tickets went on sale, surpassing former record holder Spider-Man: No Way Home which made the company $16.9 million (£13.2m).

What is Taylor Swift's net worth in 2024?

It is estimated that Taylor's net worth is at a staggering $1.1 billion (£871 million)! You heard that right - according to Bloomberg, she's been a billionaire since 2023.

And in April 2024 Taylor was officially added to Forbes' list of billionaires, so we know it's legit. And although she has an esteemed property portfolio, the publication said she is the first person to make it to a ten-figure net worth through music and performing alone.

If you want to put her wealth into perspective, how's this? The most expensive house in New York is a penthouse overlooking Central Park on a street un-ironically dubbed Billionaires Row. It costs $250 million so Taylor could buy four of those and still some spare change.

Taylor’s father, Scott Swift, was a stockbroker, so being savvy with money is definitely something that runs in her family.

It’s thought that the majority of Taylor’s cash comes from her music. Aside from a superhuman talent for delivering a catchy hook, Taylor has two things going for her. Firstly, she’s been making music from a very young age – she was 16 years old when her debut single 'Tim McGraw' was released so the amount of music by Taylor you can listen to is already bigger than most other artists.

Secondly as Taylor writes her own songs she is entitled to a larger proportion of royalties and publishing. And her re-release albums are certainly giving her a boost on that front too. Forbes has reported that Taylor has made $92 million from re-recordings of  her back catalogue.

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Taylor also makes a lot of money by touring. Her Eras Tour is her biggest to date with 146 shows across five continents as well as a concert film.

She also has a real estate portfolio worth around $150 million including properties in Tennessee, Rhode Island, California and New York. Remember, she lent one of her New York apartments to her BFF Sophie Turner, as she worked out the details of her divorce from Joe Jonas.

Is Taylor Swift a billionaire?

Yep! According to Bloomberg News Taylor's net worth has been pushed to $1.1bn after the success of The Eras Tour film. And in 2024 she was added to Forbes' list of billionaires.

The 33-year-old pop star is now part of the billionaire's club as the revenue of her concert film broke box office records making $92.8m in its opening weekend. Its growing success paired with the hype around the re-release of her 2013 album '1989' has led Taylor's net worth to an estimated 1.1 billion dollars.

How much money does Taylor Swift make per concert?

Are you ready for some girl math? It’s thought that Eras could be the biggest money-making tour of all time (beating current record holder Elton John). This would be down to a combination of ticket sales and merchandise sales (estimated to be worth more than $100 million so far). Add to that the bump in streaming her back catalogue gets as fans get ready for the gigs and you have a whole heap of money. Conservative estimates put Taylor at earning $13 million per show.

Not bad for a day’s work, right?

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