Current:Home > ScamsWhat is Taylor Swift's net worth? -Wealthify
What is Taylor Swift's net worth?
View
Date:2025-04-18 01:36:38
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! (296)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Biden officials declined to offer legal status to hundreds of thousands of migrants amid border concerns
- Love Coffee? It’s Another Reason to Care About Climate Change
- 9 diseases that keep epidemiologists up at night
- A White House order claims to end 'censorship.' What does that mean?
- Damar Hamlin is in 'good spirits' and recovering at a Buffalo hospital, team says
- Cardiac arrest is often fatal, but doctors say certain steps can boost survival odds
- Paul Ryan: Trump's baggage makes him unelectable, indictment goes beyond petty politics
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- COVID-19 is a leading cause of death among children, but is still rare
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- The U.S. Military Needed New Icebreakers Years Ago. A Melting Arctic Is Raising the National Security Stakes.
- The FDA no longer requires all drugs to be tested on animals before human trials
- Black Panther actor Tenoch Huerta denies sexual assault allegations
- Highlights from Trump’s interview with Time magazine
- Jimmie Allen's Estranged Wife Alexis Shares Sex of Baby No. 3
- Olympic medalist Tori Bowie died in childbirth. What to know about maternal mortality, eclampsia and other labor complications.
- Check Out the 16-Mile Final TJ Lavin Has Created for The Challenge: World Championship Finalists
Recommendation
Arkansas State Police probe death of woman found after officer
Ariana Grande’s Rare Tribute to Husband Dalton Gomez Is Just Like Magic
A Trump-appointed Texas judge could force a major abortion pill off the market
Hollywood Foreign Press Association Awards $1 Million Grant to InsideClimate News
Trump's 'stop
New York City’s Solar Landfill Plan Finds Eager Energy Developers
What does the Presidential Records Act say, and how does it apply to Trump?
Denver Nuggets defeat Miami Heat for franchise's first NBA title