Taylor Swift defines a music billionaire

Recently, Time magazine (USA) has selected Taylor Swift as "Person of the Year". The singer also owns a net worth of up to $ 1.1 billion from selling rights, touring and real estate.

Recently, Taylor Swift was chosen by Time as "Person of the Year" thanks to her great success in music and became the first artist to be awarded this title.

In 2023, Taylor Swift achieves full success by being able to harmonize both artistic and commercial elements. Time editor-in-chief Sam Jacobs sees her as a source of positive light in a year in a world full of darkness.

According to Forbes, Taylor Swift's current net worth is $1.1 billion. This includes $500 million in royalties and touring, $500 million from musical works and about $125 million from real estate.

Thereby, she also rose to No. 5 among the world's most powerful women in 2023, behind globally famous politicians.

This year, Taylor Swift's biggest source of revenue has definitely come from " The Eras Tour." Billboard estimates all of the singer's concerts for 2023 in North and South America have grossed more than $900 million. Taylor Swift certainly receives a significant % from this $ 900 million. Although there is no official confirmation, Taylor Swift's The Eras Tour has definitely become the highest-grossing tour of all time. It is estimated that by the end of The Eras Tour in 2024, the tour's revenue may double, even reaching $ 2 billion.

Not only that, " Taylor Swift: The Eras Tour" - the movie about Taylor Swift's tour, broke the record of the blockbuster Spider-Man: No Way Home, reaching $ 26 million for pre-booked tickets. In its opening weekend, the pop singer's concert film grossed about $96 million at the box office in the U.S. and Canada, making it the highest-grossing concert film in North America in its opening weekend, according to AMC.

Not stopping there, Taylor Swift is also a formidable "digital music god" on Spotify. According to statistics, Taylor Swift has earned more than $ 100 million in revenue from Spotify platform alone, not counting the platforms iTunes, Apple Music, Tidal ... The revenues from the sale of merchandise, the sale of physical discs - vinyl records, investments,... The other has yet to make it public.

She also owns many other properties including an apartment in Nashville, a mansion in Beverly Hills, a beachfront mansion in Rhode Island, a $40 million building in New York. In addition, she also has her own jet with a value of more than $ 10 million.

She is the first artist to become a billionaire only thanks to her music activities, not encroaching on the cosmetics and fashion business like other entertainment billionaires.

The singer collected $ 370 million in concert ticket sales, related accessories. She has about $120 million by streaming music on online platforms.

It is clear that Taylor Swift has become a cultural phenomenon, further boosting the 33-year-old star's influence on the economy. The star will re-release a remake album on Oct. 27 — "1989 (Taylor's Version)," which earned a total of 10 Grammy nominations at the time of its original release.

Taylor Swift announced in 2019 that she plans to re-record her first six studio albums after her former label sold her master recording. Since then, she has released albums "Taylor's Version" for "Red", "Speak Now" and "Fearless". According to Forbes, Taylor Swift can now stand on a par with Rihanna, who became a USD billionaire in 2021.

Taylor Swift makes Forbes' billionaires list, thanks to her musical activities Mẫn Nhi09:36:53 04/04/2024Singer Taylor Swift is officially the first artist to enter the list of 14 USD billionaires in the field of international culture and sports published by Forbes Financial Magazine (USA).