celeb news Taylor Swift is now a billionaire

[Carry My Heart]

BLOOMBERG: TAYLOR SWIFT VAULTS INTO BILLIONAIRE RANKS WITH BLOCKBUSTER ERAS TOUR

The most definitive account yet of the pop star’s wealth shows she’s one of the few recording artists to build a 10-figure fortune almost entirely from her music.

 

 

Taylor Swift’s Eras Tour has generated as much money as the economies of small countries. The movie version is ruling the box office. Her new recording of a nine-year-old album, 1989, is expected to be one of the hottest-selling records of the year.

 

Swift, as even the most casual pop-culture watchers can attest, is everywhere. And in one of the biggest years of her nearly two-decade career, she’s entered into even more rarefied status: billionaire.

 

The success of the Eras Tour—a Super Bowl-sized event spanning numerous cities that has shattered records, sparked ticket frenzies and even caused the equivalent of a small earthquake—has propelled the pop star’s net worth past $1 billion, according to a Bloomberg News analysis. She’s one of the few entertainers to reach that status based on music and performing alone, the result of work and talent, but also canny marketing and timing.

 

While estimates of Swift’s Eras profits abound, Bloomberg’s analysis is conservative and based only on assets and earnings that could be confirmed or traced from publicly disclosed figures. The calculation took into account the following: the estimated value of her music catalog and five homes, and earnings from streaming deals, music sales, concert tickets and merchandise.

 

Read the full article for more on Bloomberg's reliable insight into Taylor Swift's net worth.

[Hurem]

Capitalist queen  

[Badgalbriel]

Entirely from music

[Galaxy]

She's coming for Francoise Bettencourt Meyers wig

[byzantium]

Everything she touches goes platinum so this makes sense. 

[Revolution]

donate it to charity

[Vespertine]

donate it to me

[Trent W]

This being just from music is absolutely insane

 

But on the other side I understand why Rihanna never wants to do music again, she became a billionaire with less physical and mental demand, touring requires an insane amount of effort.

 

 

[Mr.Marvelous]

why are we celebrating billionaires?

[feelslikeadream]

Tax her more.

[glitch]

So do we eat her now or what?

[Hunter_13]

The only billionaire we won't eat. Queen of pop! 

[Fama]

Good for her. I'm too lazy to become a billionaire. 

[CovalentBondage]

21 minutes ago, Badgalbriel said:

Entirely from music

Well it's not like she was gonna get it from acting or film 

[WildHeart]

 

[CovalentBondage]

7 minutes ago, Mr.Marvelous said:

why are we celebrating billionaires?

Because she's white and mediocre 

[Badgalbriel]

1 minute ago, CovalentBondage said:

Well it's not like she was gonna get it from acting or film 

She's actually making a lot from a film which just grossed 100 million dollars on its premier. 

[RobynYoBank]

Those profit estimates from Eras seem very conservative, at least $100M lower than I would expect.

[TaggedGalaxy]

Eat the rich 

[KatyPrismSpirit]

Vinyl sales and Eras Tour impact. 

[JorgeM]

For this number they value her catalogue at $400 M, according to the article that value is the lower bound and Taylor’s catalogue would go from 400 M to 1 B itself.

[Kill Me]

4 minutes ago, CovalentBondage said:

Well it's not like she was gonna get it from acting or film 

Considering that eras film has outgrossed House Of Gucci with none of the studio backing and promotion and Taylor gets to keep 60% of the total gross... I wouldn't be so sure.

[getBusy]

Congrats!

 

Now TAX HER ASS!!!!!!

[Michael196]

14 minutes ago, CovalentBondage said:

Because she's white and mediocre 

[RobynYoBank]

17 minutes ago, CovalentBondage said:

Well it's not like she was gonna get it from acting or film 

Her cut from Eras film is already ~$100M. Has anyone musician ever banked more from their total cumulative work in film? I suspect not. 

Edited October 26, 2023 by RobynYoBank