Taylor Swift’s Net Worth Hit A Gigantic Milestone Thanks To Her Eras Tour
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With more than 10 Grammys, seven number-one hits and hundreds of sold-out concerts, it’s no wonder Taylor Swift‘s net worth has been a hot topic of discussion among Swifties for more than a decade.
Swift came onto the music scene in June 2006 with her first single, “Tim McGraw,” from her debut self-titled album. The album, which peaked at number 5 on the Billboard 100, included country hits like “Teardrops on My Guitar,” “Our Song” and “Should’ve Said No,” but it wasn’t until Swift released her second album, Fearless, in November 2008 that she blew up into the megastar singer-songwriter we know today.
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The album, which included hits like “Love Story” and “You Belong With Me,” won Swift her first Grammy for Album of the Year in 2010, making her the youngest artist to take home the award until Billie Eilish in 2020. In 2009, Swift also won her first MTV Video Music Award in the Best Female Video category for “You Belong With Me.” (The moment was also the start of her feud with Kanye West, who crashed her speech to state that Beyoncé deserved the award instead for “Single Ladies.”) After Fearless, Swift went on to release seven more albums—Speak Now, Red, 1989, Reputation, Lover, Folklore and Evermore—and win Album of the Year another time in 2016 for 1989. (She is nominated for Album of the Year again for Folklore at the 2021 Grammys.) In 2021, Swift released her first re-recorded albums, Fearless (Taylor’s Version) and Red (Taylor’s Version).
The re-recordings came after her former record label, Big Machine Records, and her former manager, Scott Borschetta, sold the rights to her music to music manager Scooter Braun (who works with artists like Justin Bieber and Ariana Grande) and his company, Ithaca Holdings. (More on that later.)
Despite her success, Swifties know that her career has been nothing short of a rollercoaster. Ahead is what we know about Taylor Swift’s net worth and the many milestones she had to overcome to become the multi-millionaire she is today.
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1989 (Taylor’s Version) Target exclusive vinyl
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What is Taylor Swift’s drama with Scooter Braun?
In November 2018, Swift left her former record label, Big Machine Records, which she had been with for 12 years, and signed with Universal Music Group in a deal worth a reported $200 million. The deal, which also provided better terms for Universal artists on Spotify, allowed Swift to maintain ownership of the master recordings of any new music she recorded with Universal.
In June 2019, news broke that talent manager Scooter Braun, whose clients include Justin Bieber and Ariana Grande, had acquired the masters of Swift’s first six studio albums from Big Machine Records for $300 million. After the news, Swift slammed Braun as an “incessant, manipulative bully” on her social media, revealing that she had tried to buy her masters from Big Machine Records but couldn’t because of the label’s unfavorable conditions.
“For years I asked, pleaded for a chance to own my work. Instead I was given an opportunity to sign back up to Big Machine Records and ‘earn’ one album back at a time, one for every new one I turned in,” Swift wrote at the time. “I walked away because I knew once I signed that contract, Scott Borchetta would sell the label, thereby selling me and my future. I had to make the excruciating choice to leave behind my past. Music I wrote on my bedroom floor and videos I dreamed up and paid for from the money I earned playing in bars, then clubs, then arenas, then stadiums.”
She ended her statement, “Thankfully, I am now signed to a label that believes I should own anything I create. Thankfully, I left my past in Scott’s hands and not my future. And hopefully, young artists or kids with musical dreams will read this and learn about how to better protect themselves in a negotiation. You deserve to own the art you make.”
A year later, Swift announced her decision to re-record her first six albums—Taylor Swift, Fearless, Speak Now, Red, 1989 and Reputation—after she failed to buy back her masters again. Her first re-recorded album, Fearless (Taylor’s Version), was released April 2021. Her next re-recorded album, Red (Taylor’s Version), debuted in November 2021. Swift released her first album with Universal Music Group, Lover, in 2019. The album was followed by two more releases, Folklore and Evermore, in 2020. “When I think back on the Fearless album and all that you turned it into, a completely involuntary smile creeps across my face,” Swift wrote on her social media after she announced the re-recording of Fearless. “This was the musical era in which so many inside jokes were created between us, so many hugs exchanged and hands touched, so many unbreakable bonds formed. So before I say anything else, let me just say that it was a real honor to get to be a teenager alongside you.”
She released her 10th album, Midnights, in 2022. “We lie awake in love and in fear, in turmoil and in tears. We stare at walls and drink until they speak back. We twist in our self-made cages and pray that we aren’t—right this minute—about to make some fateful life-altering mistake,” she wrote in an Instagram post at the time describing the theme of Midnights. “This is a collection of music written in the middle of the night, a journey through terrors and sweet dreams. The floors we pace and the demons we face. For all of us who have tossed and turned and decided to keep the lanterns lit and go searching—hoping that just maybe, when the clock strikes twelve…we’ll meet ourselves.” She continued, “Midnights, the stories of 13 sleepless nights scattered throughout my life, will be out October 21. Meet me at midnight.”
She’s absolutely nonstop with her work too. She announced her 11th album at the 66th Annual Grammy Awards. “This is my 13th Grammy, which is my lucky number. I don’t know if I’ve ever told you that. I want to say thank you to the members of the Recording Academy for voting this way, but I know that the way that the Recording Academy voted is a direct reflection of the passion of the fans,” Swift said. “So I want to say thank you to the fans by telling you a secret that I have been keeping from you for the last two years, which is that my brand-new album comes out April 19. It’s called The Tortured Poets Department.” The album broke the record for Spotify’s most-streamed album in a single week. The album has surpassed 1 Billion streams since its release.
Evermore by Taylor Swift
Evermore
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What is Taylor Swift’s net worth?
The question we all want to know. How much is Taylor Swift’s net worth? According to Bloomberg, Swift’s net worth has catapulted to billionaire status thanks to her 2023/24 Eras Tour, becoming one of the few recording artists to build a 10-figure fortune almost entirely from her music, “the result of work and talent, but also canny marketing and timing,” the research points out. On April 2, 2024, she finally entered the Forbes World’s Billionaires List for the first time with $1.1 billion as her net worth. She’s listed as 1454 on the list. Swift is the first musician to make the ranks solely based on her songs and performances.
“In addition to being a generational talent, Taylor Swift is a great economist,” Carolyn Sloane, a labor economist at the University of Chicago, told Bloomberg. “Taylor has great ideas, is able to scale her ideas and seems to be pretty risk-seeking.”
The singer’s 53 US concerts in 2023 alone added $4.3 billion to the country’s gross domestic product, according to estimates from Bloomberg Economics. Indeed, the bulk of Swift’s income comes from her tours. Swift’s first concert tour, the Fearless Tour, in 2008 and 2009 brought in $75 million, according to Business Insider.
Her 1989 World Tour in 2015 was named the highest-grossing tour of that year. In 2018, Swift’s Reputation Stadium Tour broke the record for the highest-grossing U.S. stadium tour of all time with $345 million from 38 shows, which equals to about $9 million per show. (The previous record was held by The Rolling Stones, whose “A Bigger Bang Tour” from 2005 to 2007 grossed $245 million across 70 shows.)
Swift’s net worth also includes her massive real estate portfolio. So far, she owns eight properties, including her $29 million estate in Beverly Hills, her $20 million duplex in New York City and her $17 million mansion in Rhode Island. According to Business Insider, she also owns two private jets worth $40 million and $58 million each.
Since her rise to fame, Swift has also been the face of campaigns for brands like CoverGirl, Keds, Diet Coke and Capital One. She also has an album promotion deal with Target, and has worked with brands like AT&T, Walmart, Apple Music and XFinity.
What is Taylor Swift’s cat’s net worth?
What is Taylor Swift’s cat’s net worth? Swift has three cats: two Scottish Folds named Meredith Grey and Olivia Benson after the main characters of Grey’s Anatomy and Law & Order: Special Victims Unit, and a Ragdoll named Benjamin Button after the 2008 movie, The Curious Case of Benjamin Button. According to the 2023 Ultimate Rich Pet List, Olivia Benson is the the third richest pet in the world. “With a whopping $97 million net worth, Olivia has found success outside of the world of Instagram influencing,” the website reports. “The Scottish Fold earned her fortune starring alongside her owner in several music videos, has crafted her own merchandise line, and has had cameos in many big-budget ads, including for the likes of Diet Coke and Ned Sneakers.”
Olivia Benson also made a cameo in the music video for Swift’s 2014 song “Blank Space,” as well as starred in an AT&T commercial alongside her owner. Number one on the Pet Rich List is German shepherd, Gunther VI, who is worth $500million and is owned by the Gunther Corporation. Number two on the list is Nala Cat, a feline who is worth $100 million and has more than four million followers on Instagram at the time of writing this.
What is Taylor Swift’s real estate worth?
What is Taylor Swift’s real estate worth? According to Forbes, Taylor Swift’s real estate is worth around $150 million. Swift brought her first home in Nashville as her first significant real-estate purchase, paying $1.99 million through a trust for a roughly 4,000-square-foot, three-bedroom penthouse at the Adelicia condominium near the iconic Music Row.
Her properties include a coastal mansion at Westerly, Rhode Island worth $30 million where she throws Fourth of July parties.“I got the house when I was in my early twenties as a place for my family to congregate and be together,” Ms. Swift told Entertainment Weekly in 2020, adding that she quickly became fascinated with tales of Ms. Harkness and the home’s history. “Anyone who’s been there before knows that I do ‘The Tour,’ in quotes, where I show everyone through the house. And I tell them different anecdotes about each room, because I’ve done that much research on this house and this woman.” After her residence on the famed Cornelia Street townhouse in New York City, Swift moved into the TriBeCa neighborhood where her apartment is worth $45 million. She also has a residence in Beverly Hills where her house with worth around $70 million.
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