Taylor Swift became a billionaire, her assets exceeded 1.1 billion USD after the most lucrative tour in US history

Uyển ĐìnhOct 28, 2023 at 15:03

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After the success of " The Eras Tour", Taylor Swift officially became a billionaire with a net worth of about 1.1 billion USD. This is one of the few cases where an entertainer achieved billionaire status through music and performance alone.

On October 26 (US time), Bloomberg announced that Taylor Swift had become a billionaire after the success of The Eras Tour. This is considered the most profitable music event series in American history. According to reports, the female singer has a net worth of about 1.1 billion dollars (about 27,000 billion VND).

Notably, Taylor Swift accumulated this wealth solely thanks to her musical activities. She does not venture into the cosmetics and fashion business like other entertainment billionaires such as Rihanna and Beyoncé and Jay-Z.

Taylor Swift became a billionaire, her assets exceeded 1.1 billion USD after the most lucrative tour in US history - Photo 1

Chris Leyden, director of growth marketing at SeatGeek, previously told CNN that "Taylor Swift's The Eras Tour has the potential to write a 'textbook' on entertainment economics. She doesn't." just a performer - she's also an economic phenomenon."

Survey data research firm AskPro provided exclusively to CNN in August showed that The Eras Tour earned about $2.2 billion in ticket sales in North America, while the tour had not yet ended and continued. tour in North America next year. In the New York Post, financial analyst Callie Cox said that every weekend, the cities where singers perform earn millions of dollars. Tourists flocked in more than usual, leading to a sudden increase in demand for hotels and restaurants.

Taylor Swift became a billionaire, her assets exceeded 1.1 billion USD after the most lucrative tour in US history - Photo 2

The final six nights of the tour in Los Angeles are estimated to bring in an estimated $320 million for the city, according to the California Center for Jobs and the Economy. Santa Clara, a technology city located in Northern California, was renamed "Swiftie Clara" during the concert days. In Seattle, fans' dancing caused a tremor equivalent to a 2.3 magnitude earthquake.

This November, the 1989-born star will go on an international tour of 146 shows, with stops in South America, Asia, Australia and Europe. That makes the tour of the singer born in 1989 highly likely to become the highest-grossing tour in history.

Taylor Swift became a billionaire, her assets exceeded 1.1 billion USD after the most lucrative tour in US history - Photo 3

Not only did she bring in huge revenue from the tour, Taylor Swift also brought in high profits when she released the concert film The Eras Tour. The film has currently grossed about 96 million USD in the US and Canada, becoming the highest-grossing concert film in North America in its opening weekend.

Not only did he become a billionaire, the pop star also boosted the economy in North American cities that were stops for his tour. According to the California Center for Jobs and the Economy, the last 6 shows in Los Angeles brought in $320 million to the city. Not stopping there, Taylor brought NFL football matches closer to people who don't love sports after news broke that the singer was dating player Travis Kelce. NFL ticket prices increased more than 40% after Taylor Swift attended football matches.

Taylor Swift became a billionaire, her assets exceeded 1.1 billion USD after the most lucrative tour in US history - Photo 4

Taylor Swift debuted in the entertainment industry in 2004 and quickly achieved success with the nickname "country music princess". The female singer gradually turned to Pop music and won up to 12 Grammy awards, was the owner of a huge hit and a sold-out tour.

Taylor Swift has accumulated a huge fortune and also knows how to spend mone.y. The singer's real estate investment portfolio has a total value of 80 million dollars (1966 billion VND). The owner of the hit You Belong With Me owns an apartment in Nashville, a villa in Beverly Hills, a coastal villa in Rhode Island, and a building worth 40 million dollars (983 billion VND) in New York. The female singer is also rumored to own a Dassault private jet worth $26 million (639 billion VND).

Taylor Swift became a billionaire, her assets exceeded 1.1 billion USD after the most lucrative tour in US history - Photo 5

Taylor Swift is also extremely generous with charitable donations. The female singer supported organizations and individuals with mone.y after natural disasters, established an Education Center named after herself, and awarded scholarships to public schools in New York. In addition, the female singer has many times made small and direct donations to help difficult situations. Even during The Eras Tour, Taylor Swift also donated to food banks across the United States.

Taylor Swift became a billionaire, her assets exceeded 1.1 billion USD after the most lucrative tour in US history - Photo 6

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