“This achievement is EXTREMELY GREAT” Taylor Swift is declared a BILLIONAIRE by Forbes as she joins the list for the first time following Eras Tour success-HO
Taylor Swift has officially reached billionaire status – 17 years into her illustrious career as music’s biggest superstar.
On Tuesday, Forbes released their 2024 billionaire list and Taylor climbed to fourteenth place with a $1.1billion fortune.
The pop star, aged 34, has emerged as the most prominent newcomer on the list, amassing an estimated fortune of $1.1 billion. This remarkable wealth is attributed to various sources, including earnings from her highly successful Eras tour, the substantial value of her music catalog, and her diverse real estate portfolio.
Notably, her earnings are further bolstered by the re-recording of her first six albums, a strategic move made while negotiating with streaming platforms to assert control over how her music is monetized.
What makes this achievement truly exceptional is that she joins a select few who have reached the billion-dollar milestone solely through their music career and live performances. This underscores her immense influence and financial success within the music industry, marking a significant milestone in her career trajectory.
Taylor Swift has officially reached billionaire status – 17 years into her illustrious career as music’s biggest superstar
The pop star, 34, who is the most famous newcomer on the list, amassed an estimated $1.1 billion fortune, based on earnings from her blockbuster Eras tour, the value of her music catalog and her real estate portfolio
Taylor Swift’s Eras Tour made history by becoming the first tour to surpass the $1 billion milestone, as reported by Pollstar’s year-end charts for 2023.
Not only did Swift’s groundbreaking Eras Tour claim the top spot as the number one tour globally and in North America, but it also generated an astounding $1.04 billion in revenue (£831.6 million). This remarkable achievement was accomplished through the sale of 4.35 million tickets across 60 tour dates, as revealed by the concert trade publication.
Pollstar data is pulled from box office reports, venue capacity estimates, historical Pollstar venue ticket sales data and other undefined research, collected from November 17, 2022 to November 15, 2023.
Representatives for the publication did not provide immediate clarification regarding whether they adjusted past tour data to account for inflation when declaring Taylor Swift as the first artist to surpass the billion-dollar threshold.
Swift’s tour commenced in March in Arizona, marking the beginning of her historic journey towards achieving this monumental milestone.
Pollstar also found that Swift brought in approximately $200 million (£159.8 million) in merch sales.
Not only was Swift’s landmark Eras Tour the number one tour both worldwide and in North America, but she also brought in a whopping $1.04 billion (£831.6 million) with 4.35 million tickets sold across 60 tour dates, the concert trade publication found
FORBES TOP 14 CELEBRITY BILLIONAIRES 2024
1. George Lucas (net worth: $5.5billion)
2. Steven Spielberg (net worth $4.8billion)
3. Michael Jordan (net worth $3.2billion)
4. Oprah Winfrey (net worth $2.8billion)
5. Jay-Z (net worth $2.5billion)
6. Kim Kardashian (net worth $1.7billion)
7. Peter Jackson (net worth $1.5billion)
8. Tyler Perry (net worth $1.4billion)
9. Rihanna (net worth $1.4billion)
10. Tiger Woods (net worth $1.3billion)
11. LeBron James (net worth $1.2billion)
12. Magic Johnson (net worth $1.2billion)
13. Dick Wolf (net worth $1.2billion)
14. Taylor Swift (net worth $1.1billion)
And her blockbuster film adaptation of the tour, Taylor Swift: The Eras Tour, has reportedly earned approximately $250 million (£199 million) in sales.
That makes it the highest-grossing concert film of all time.
According to their estimates, Pollstar predicts a big 2024 for Swift as well.
The magazine projects the Eras Tour will once again reach $1 billion (£799 million) within their eligibility window.
That means Swift is likely to bring in more than $2 billion (£1.5 billion) over the span of the tour.
Worldwide, Swift’s tour was followed by Beyonce in second, Bruce Springsteen & The E Street Band in third, Coldplay in fourth, Harry Styles in fifth, followed by Morgan Wallen, Ed Sheeran, Pink, The Weeknd and Drake.
In North America, there was a similar top 10: Swift, followed by Beyonce, Morgan Wallen, Drake, P!nk, Bruce Springsteen & The E Street Band, Ed Sheeran, George Strait, Karol G and RBD.
Taylor Swift announces concert film for hugely successful Eras Tour
Beyond Swift, 2023 was a landmark year for concert sales: worldwide, the top 100 tours of the year saw a 46% jump from last year, bringing in $9.17 billion (£7.31 billion) compared with 2022’s $6.28 billion (£5.06 billion).
Earlier this week, Swift was named Time Magazine’s Person of the Year.
Last month, Apple Music named her its artist of the year; Spotify revealed she was 2023’s most-streamed artist globally, raking in more than 26.1 billion streams since January 1 and beating Bad Bunny’s three-year record.
Consider 2023 a year of incredible pop music dominance — (Taylor’s Version).
