Current:Home > StocksWhat is Taylor Swift's net worth? -Wealth Evolution Experts
What is Taylor Swift's net worth?
View
Date:2025-04-16 15:04:45
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! (6)
Related
- Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
- Champions Classic is for elite teams. So why is Michigan State still here? | Opinion
- Democrat George Whitesides wins election to US House, beating incumbent Mike Garcia
- Man found dead in tanning bed at Indianapolis Planet Fitness; family wants stricter policies
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- New Mexico secretary of state says she’s experiencing harassment after the election
- Groups seek a new hearing on a Mississippi mail-in ballot lawsuit
- Dallas Long, who won 2 Olympic medals while dominating the shot put in the 1960s, has died at 84
- The 'Rebel Ridge' trailer is here: Get an exclusive first look at Netflix movie
- Missing Ole Miss student declared legally dead as trial for man accused in his death looms
Ranking
- Michigan lawmaker who was arrested in June loses reelection bid in Republican primary
- Pistons' Tim Hardaway Jr. leaves in wheelchair after banging head on court
- Officer injured at Ferguson protest shows improvement, transferred to rehab
- Democratic state leaders prepare for a tougher time countering Trump in his second term
- Sonya Massey's family keeps eyes on 'full justice' one month after shooting
- Opinion: Chris Wallace leaves CNN to go 'where the action' is. Why it matters
- As Northeast wildfires keep igniting, is there a drought-buster in sight?
- Chris Evans Shares Thoughts on Starting a Family With Wife Alba Baptista
Recommendation
'Most Whopper
GM recalling big pickups and SUVs because the rear wheels can lock up, increasing risk of a crash
Hurricane-damaged Tropicana Field can be fixed for about $55M in time for 2026 season, per report
Subway rider who helped restrain man in NYC chokehold death says he wanted ex-Marine to ‘let go’
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Man jailed after Tuskegee University shooting says he fired his gun, but denies shooting at anyone
Olivia Munn Randomly Drug Tests John Mulaney After Mini-Intervention
Watch as dust storm that caused 20-car pileup whips through central California