Current:Home > ContactSignalHub-What is Taylor Swift's net worth? -WealthRoots Academy
SignalHub-What is Taylor Swift's net worth?
Benjamin Ashford View
Date:2025-04-09 01:41:20
Taylor Swift is a self-made billionaire,SignalHub 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! (326)
Related
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- 2022 was the worst year on record for attacks on health care workers
- Obama’s Oil Tax: A Conversation Starter About Climate and Transportation, but a Non-Starter in Congress
- Céline Dion Cancels World Tour Amid Health Battle
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Senate 2020: In Alabama, Two Very Different Views on Climate Change Give Voters a Clear Choice
- His baby gene editing shocked ethicists. Now he's in the lab again
- Senate 2020: In Maine, Collins’ Loyalty to Trump Has Dissolved Climate Activists’ Support
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Biden’s Early Climate Focus and Hard Years in Congress Forged His $2 Trillion Clean Energy Plan
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- These Climate Pollutants Don’t Last Long, But They’re Wreaking Havoc on the Arctic
- Staying safe in smoky air is particularly important for some people. Here's how
- Could the Flight Shaming Movement Take Off in the U.S.? JetBlue Thinks So.
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Are masks for the birds? We field reader queries about this new stage of the pandemic
- In Australia’s Burning Forests, Signs We’ve Passed a Global Warming Tipping Point
- Taylor Swift and Ice Spice's Karma Remix Is Here and It's Sweet Like Honey
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
As ‘Tipping Point’ Nears for Cheap Solar, Doors Open to Low-Income Families
Worried about your kids' video gaming? Here's how to help them set healthy limits
CBS News poll: The politics of abortion access a year after Dobbs decision overturned Roe vs. Wade
Retirement planning: 3 crucial moves everyone should make before 2025
Denmark Is Kicking Its Fossil Fuel Habit. Can the Rest of the World Follow?
Two IRS whistleblowers alleged sweeping misconduct in the Hunter Biden tax investigation, new transcripts show
Years before Titanic sub went missing, OceanGate was warned about catastrophic safety issues