Taylor Swift is declared a BILLIONAIRE by Forbes as she joins the list for the first time following Eras Tour success
Taylor Swift has officially reached billionaire status – 17 years after her illustrious career as music’s biggest superstar.
On Tuesday, Forbes has released its 2024 billionaire list and Taylor climbed to fourteenth place with a fortune of $1.1 billion.
The 34-year-old pop star, the most famous newcomer on the list, amassed an estimated fortune of $1.1 billion, based on earnings from her blockbuster Eras tour, the value of her music catalog and her real estate portfolio.
This is in addition to the massive earnings from her first six albums, which she re-recorded while negotiating with streaming platforms over how her music would generate revenue.
The achievement is particularly monumental as she is one of the few to achieve the milestone ‘through music and performance alone’.
Taylor Swift has officially reached billionaire status – 17 years after her illustrious career as music’s biggest superstar
The 34-year-old pop star, the most famous newcomer on the list, amassed an estimated fortune of $1.1 billion, based on earnings from her blockbuster Eras tour, the value of her music catalog and her real estate portfolio.
Taylor’s Eras Tour is the first tour to cross the $1 billion mark, according to Pollstar’s 2023 year-end charts.
Not only was Swift’s historic Eras Tour the number one tour worldwide and in North America, but she also grossed a whopping $1.04 billion (£831.6 million) with 4.35 million tickets sold across 60 tour dates, according to the release. was evident from the concert publication.
Pollstar data comes from box office reports, venue capacity estimates, historical ticket sales data from Pollstar venues, and other undefined research collected between November 17, 2022 and November 15, 2023.
Representatives for the publication did not immediately clarify whether they had adjusted data from previous tours to match 2023 inflation in calling Swift the first to cross the billion-dollar threshold.
Her tour kicked off in March in Arizona.
Pollstar also found that Swift brought in around $200 million (£159.8 million) in merchandise sales.
Swift’s historic Eras Tour was not only the number one tour worldwide and in North America, but she also grossed a whopping $1.04 billion (£831.6 million) with 4.35 million tickets sold across 60 tour dates, according to the release. appears from the concert publication.
And her blockbuster film adaptation of the tour, Taylor Swift: The Eras Tour, has reportedly made around $250 million (£199 million) in sales.
That makes it the highest-grossing concert film of all time.
By their estimates, Pollstar predicts a big 2024 for Swift as well.
The magazine expects the Eras Tour to once again reach $1 billion (£799 million) within the eligibility period.
That means Swift is likely to rake in more than $2 billion (£1.5 billion) during the tour.
Worldwide, Swift’s tour was followed by Beyonce in second place, Bruce Springsteen & The E Street Band in third place, Coldplay in fourth place, Harry Styles in fifth place, 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.
Beyond Swift, 2023 was a landmark year for concert sales: globally, the year’s top 100 tours saw a 46% increase from last year, grossing $9.17 billion (£7.31 billion), up from $6 .28 billion (£5.06 billion) by 2022.
Earlier this week, Swift was named Time Magazine’s Person of the Year.
Last month, Apple Music named her artist of the year; Spotify revealed that she was the most streamed artist worldwide in 2023, with more than 26.1 billion streams since January 1 and breaking Bad Bunny’s three-year record.
Consider 2023 a year of incredible pop music dominance – (Taylor’s Version).