Current:Home > StocksWhat is Taylor Swift's net worth? -AssetPath
What is Taylor Swift's net worth?
View
Date:2025-04-26 21:03:22
Taylor Swift is a self-made billionaire, having generated tremendous wealth almost exclusively off of her music. Other hyper successful pop stars and celebrities have generated lucrative streams income through brand partnerships or product lines that have nothing to do with their art, but have catapulted them to billionaire status.
Swift's income streams include revenue from her concert tour ticket sales, music catalog, streaming deals and record sales. She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune.
Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported. Her wealth is powered by her legions of loyal fans, whose spending on all things Swift-related make the pop star an economic engine on her own, bringing tourist dollars to the cities in which she performs.
The U.S. Travel Association estimates her Eras Tour generated more than $5 billion for local economies in the U.S. alone. Since she began dating Kansas City Chiefs tight end Travis Kelce, Swift has even boosted the NFL's number of fans and Americans' spending on football.
Here's how Taylor Swift's wealth breaks down
Streaming deals
Swift is estimated to have earned $175 million through her contracts with music streamers including Spotify, Apple Music and others, according to Bloomberg's estimate. The deals make her array of original songs available to the services' subscribers.
Music catalog
In 2019, Swift feuded with Scooter Braun, owner of her former label, Big Machine Records, over the ownership of the masters of her first six albums. She subsequently re-recorded and released new versions of her earlier work to reclaim ownership of her songs. Her music catalog is worth an estimated $400 million, according to Bloomberg.
Music sales
Swift has earned an estimated $80 million in royalties form record sales, according to Bloomberg.
Concert revenue
Live performances are the greatest income generator for Swift, who is in the midst of her Eras Tour, the highest grossing music tour of all time and the first to cross the billion dollar mark at the end of 2023, according to Pollstar. Bloomberg estimates she has earned at least $370 million from touring over the course of her career as a musical artist.
Her Eras Tour continues, with Swift slated to perform 151 shows across five continents before it concludes.
Property values
Swift owns both a condo and estate in Nashville, Tennessee, plus second, third and fourth homes. She has an estate in Los Angeles, an apartment in New York City's TriBeCa neighborhood and a seaside summer home in Watch Hill, Rhode Island.
Combined, the real estate adds an estimated $110 million to the singer's net worth, after taking taxes and property management costs into consideration.
Megan CerulloMegan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News Streaming to discuss her reporting.
veryGood! (6245)
Related
- Meet first time Grammy nominee Charley Crockett
- Janet Yellen says the federal government won't bail out Silicon Valley Bank
- Former Wisconsin prosecutor sentenced for secretly recording sexual encounters
- Temu and Shein in a legal battle as they compete for U.S. customers
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Fossil Fuel Companies Are Quietly Scoring Big Money for Their Preferred Climate Solution: Carbon Capture and Storage
- China Provided Abundant Snow for the Winter Olympics, but at What Cost to the Environment?
- Very few architects are Black. This woman is pushing to change that
- Meet first time Grammy nominee Charley Crockett
- Long Concerned About Air Pollution, Baltimore Experienced Elevated Levels on 43 Days in 2020
Ranking
- Intellectuals vs. The Internet
- The truth is there's little the government can do about lies on cable
- A Legacy of the New Deal, Electric Cooperatives Struggle to Democratize and Make a Green Transition
- South Korean court overturns impeachment of government minister ousted over deadly crowd crush
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Climate Migrants Lack a Clear Path to Asylum in the US
- Silicon Valley Bank's collapse and rescue
- Indigenous Climate Activists Arrested After ‘Occupying’ US Department of Interior
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
The U.S. takes emergency measures to protect all deposits at Silicon Valley Bank
Sarah Ferguson, Duchess of York, Diagnosed With Breast Cancer
Let Us Steal You For a Second to Check In With the Stars of The Bachelorette Now
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Patti LaBelle Experiences Lyric Mishap During Moving Tina Turner Tribute at 2023 BET Awards
Sarah Ferguson, Duchess of York, Diagnosed With Breast Cancer
Masatoshi Ito, who brought 7-Eleven convenience stores to Japan, has died