Current:Home > NewsTaylor Swift is a billionaire: How Eras tour, concert film helped make her first billion -ForexStream
Taylor Swift is a billionaire: How Eras tour, concert film helped make her first billion
View
Date:2025-04-13 21:01:28
Taylor Swift has done something rare in this day and age: become a billionaire almost exclusively from music.
Between the ongoing international Eras Tour, several weeks of her blockbuster tour film and the re-release of a nine-year-old album, "1989," plus two decades of popularity, Swift, 33, has officially earned the title of billionaire, according to analysis from Bloomberg, released Thursday.
Swift's U.S. concerts added $4.3 billion to the country’s gross domestic product this year, Bloomberg estimates.
Bloomberg says its analysis is conservative and "based only on assets and earnings that could be confirmed or traced from publicly disclosed figures." Still, the analysis took into account the estimated value of Swift's music catalog and five homes, and earnings from music sales, concert tickets, streaming deals and merchandise.
USA TODAY has reached out to Swift's rep for comment.
Here's how her earnings stack up:
- An estimated $400 million off of music released since 2019, starting with "Lover"
- $370 million from ticket sales a merchandise
- $120 million from Spotify and YouTube
- $110 million value of homes
- $80 million in royalties from music sales
Other musicians that have reached billionaire status include Rihanna, who last year was declared the world's richest female musician, as well as Jay-Z and Ye, formerly known as Kanye West.
After a record-breaking opening weekend of $92.8 million, "Taylor Swift: The Eras Tour" took in an estimated $31 million from 3,855 locations, according to AMC Theaters.
Within days, it became the highest-grossing concert film ever in North America, not accounting for inflation. It’s quickly accumulated $129.8 million domestically.
The tour itself has generated $4.6 billion in projected consumer spending, according to research company QuestionPro. Los Angeles estimated $320 million increase in GDP from her six concerts there.
In 2019, Swift released "Lover," the first album she owned after the masters to her first six albums were purchased by Scooter Braun via his acquisition of Big Machine Label Group. She has re-released four "Taylor's Version" editions of those albums since then, including "1989," "Fearless," "Red" and "Speak Now."
Contributing: Melissa Ruggieri, USA TODAY; Jake Coyle, The Associated Press
Songwriter, icon, mogul?Taylor Swift's 'Eras' Tour movie latest economic boon for star
veryGood! (1)
Related
- DoorDash steps up driver ID checks after traffic safety complaints
- Alabama Coal Plant Tops US Greenhouse Gas Polluter List for 9th Straight Year
- Clint Eastwood's Daughter Francesca Eastwood Arrested for Domestic Violence
- DeSantis praises Milton recovery efforts as rising flood waters persist in Florida
- Bodycam footage shows high
- Hayley Erbert Returns to DWTS Alongside Husband Derek Hough After Near-Fatal Medical Emergency
- McCormick and Casey disagree on abortion, guns and energy in their last debate
- Zendaya's Stylist Law Roach Reacts to 2025 Met Gala Theme
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Menendez brothers’ family to push for their release as prosecutors review 1989 case
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Sean Diddy Combs Accused of Raping Woman Over Suggestion He Was Involved in Tupac Shakur's Murder
- Thanksgiving Grandma Wanda Dench Shares Breast Cancer Diagnosis
- 1000-Lb. Sisters' Amy Slaton Shares New Photos of Her Kids After Arrest
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Michael Kors Secretly Put Designer Bags, Puffers, Fall Boots & More Luxury Finds on Sale up to 50% Off
- US fines Lufthansa $4 million for treatment of Orthodox Jewish passengers on a 2022 flight
- ALDI's Thanksgiving dinner bundle is its lowest price in 5 years: How families can eat for less
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Navajo leader calls for tribal vice president’s resignation amid political upheaval
A full-scale replica of Anne Frank’s hidden annex is heading to New York for an exhibition
Score Big With Extra 50% Off Madewell Sale Dresses: Grab $25 Styles While They Last!
Current, future North Carolina governor’s challenge of power
Dan Lanning all but confirms key Oregon penalty vs. Ohio State was intentional
Texas set to execute Robert Roberson despite strong evidence of innocence. What to know.
Olivia Rodrigo shakes off falling through trapdoor during concert: Watch the moment