Award-winning pop phenomenon Taylor Swift is now officially in her billionaire era, as acknowledged by Forbes.
On April 2, Forbes officially announced that the “Cruel Summer” singer-songwriter is now officially part of their Billionaires List, alongside 13 other celebrites – the sum of their net worth amounting to a total estimate of a whopping $31 billion dollars. They note that, as of April 2, Swift now has an $1.1 billion estimated net worth.
Furthermore, they noted that Swift officially attained billionaire status last October 2023. She achieved this mostly thanks to her highly successful Eras Tour – the first ever tour to achieve more than a billion dollars in earnings. Furthermore, the tour is not over yet with the 2023 TIME Magazine Person Of The Year still having a hefty string of shows lined up for 2024 in both Europe and North America.
Forbes also detailed that Swift now joins Jimmy Buffet, Jay Z, and Rihanna as the only other fellow musicians on the list, the latter two being the only others on the 2024 list. However, they made sure to note that she is the first musician to achieve their billionaire status based off earnings related to their music alone. They noted an estimate that half a billion of her earnings was the product of music royalties as well as her constant touring, while another half was thanks to “the increasing value of her music catalog”. Outside of music, they also stated that real estate was responsible for about $125 million of the Grammy-winning artist‘s earnings.
Beyond her record-breaking worldwide Eras Tour and its equally successful accompanying film, Swift also recorded and dropped the re-released versions of her albums Speak Now and 1989 in 2023. Forbes further reported that she now joins 264 other new billionaires on their 2024 list – a noteworthy jump from 2023’s total of 150.
Prior to the release of her highly anticipated 11th full-length album entitled The Tortured Poets Department this April 19, revisit Swift’s album 1989 (Taylor’s Version) below: