Current:Home > ContactWhat is Taylor Swift's net worth? -Wealth Momentum Network
What is Taylor Swift's net worth?
View
Date:2025-04-18 00:28:35
Taylor Swift is a self-made billionaire, 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! (8)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- This $20 Amazon Top Is the Perfect Addition to Any Wardrobe, According to Reviewers
- Arnold Schwarzenegger Recalls Moment He Told Maria Shriver He Fathered a Child With Housekeeper
- Carbon capture technology: The future of clean energy or a costly and misguided distraction?
- Trump issues order to ban transgender troops from serving openly in the military
- Wage theft often goes unpunished despite state systems meant to combat it
- UPS strike imminent if pay agreement not reached by Friday, Teamsters warn
- Shop Beard Daddy Conditioning Spray, Father’s Day Gift of the Year
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Idaho Murder Case: Ethan Chapin's Mom Shares How Family Is Coping After His Death
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Texas Judge Gives No Restitution to Citgo’s Victims in Pollution Case With Wide Implications
- Could Climate Change Spark a Financial Crisis? Candidates Warn Fed It’s a Risk
- Carbon capture technology: The future of clean energy or a costly and misguided distraction?
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- How the Trump Administration’s Climate Denial Left Its Mark on The Arctic Council
- Elliot Page Shares Update on Dating Life After Transition Journey
- Oil Giants See a Future in Offshore Wind Power. Their Suppliers Are Investing, Too.
Recommendation
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
U.S. Mayors Pressure Congress on Carbon Pricing, Climate Lawsuits and a Green New Deal
Read full text of the Supreme Court affirmative action decision and ruling in high-stakes case
WHO questions safety of aspartame. Here's a list of popular foods, beverages with the sweetener.
2025 'Doomsday Clock': This is how close we are to self
Jet Tila’s Father’s Day Gift Ideas Are Great for Dads Who Love Cooking
Chrissy Teigen Believed She Had an Identical Twin After Insane DNA Test Mishap
10 Days of Climate Extremes: From Record Heat to Wildfires to the One-Two Punch of Hurricane Laura