Current:Home > StocksNovaQuant-What is Taylor Swift's net worth? -CapitalWay
NovaQuant-What is Taylor Swift's net worth?
Poinbank Exchange View
Date:2025-04-10 16:01:13
Taylor Swift is a self-made billionaire,NovaQuant 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! (1)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Aerosmith retires from touring permanently due to Steven Tyler injury: Read full statement
- Mark Kelly may be Kamala Harris' VP pick: What that would mean for Americans
- IOC leader says ‘hate speech’ directed at Imane Khelif and Lin Yu-Ting at Olympics is unacceptable
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Intel shares slump 26% as turnaround struggle deepens
- U.S. defense secretary rejects plea deal for 9/11 mastermind, puts death penalty back on table
- UAW leader says Trump would send the labor movement into reverse if he’s elected again
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Olympic women's soccer bracket: Standings and how to watch Paris Olympics quarterfinals
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- San Francisco Giants' Blake Snell pitches no-hitter vs. Cincinnati Reds
- Sept. 11 families group leader cheers restoration of death penalty option in 9-11 prosecutions
- 3 brought to hospital after stabbing and shooting at Las Vegas casino
- What to watch: O Jolie night
- Cameron McEvoy is the world's fastest swimmer, wins 50 free
- Never any doubt boxers Imane Khelif and Lin Yu-Ting are women, IOC president says
- Who's golden? The final round of men's golf at Paris Olympics sets up to be fascinating
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Medical report offers details on death of D'Vontaye Mitchell outside Milwaukee Hyatt
Netherlands' Femke Bol steals 4x400 mixed relay win from Team USA in Paris Olympics
TikTok sued by Justice Department over alleged child privacy violations impacting millions
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Top 13 Must-Have Finds Under $40 from Revolve’s Sale: Featuring Free People, Steve Madden, Jordan & More
Hormonal acne doesn't mean you have a hormonal imbalance. Here's what it does mean.
Same storm, different names: How Invest 97L could graduate to Tropical Storm Debby