Current:Home > reviewsTaylor Swift is a billionaire: How Eras tour, concert film helped make her first billion -WealthMindset Learning
Taylor Swift is a billionaire: How Eras tour, concert film helped make her first billion
View
Date:2025-04-12 14:35:29
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! (6)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Dominican officials searching for Rays shortstop Wander Franco as investigation continues
- Lost dog group rescues senior dog in rural town, discovers she went missing 7 years ago
- North Korea’s Kim vows to bolster war readiness to repel ‘unprecedented’ US-led confrontations
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Good girl! Virginia police dog helps track down missing kid on Christmas morning
- Ford, Tesla, Honda, Porsche among 3 million-plus vehicles recalled: Check car recalls here
- Tom Smothers, half of the provocative Smothers Brothers comedy duo, dies at 86
- A White House order claims to end 'censorship.' What does that mean?
- A Battle Is Underway Over California’s Lucrative Dairy Biogas Market
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Travis Kelce Shares How He Plans to Shake Off Chiefs' Embarrassing Christmas Day Loss
- Detroit Pistons lose NBA record 27th straight game in one season
- A lesson in Barbie labor economics (Classic)
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Nordstrom Rack's Year-End Sale Has $19 Vince Camuto Boots, $73 Burberry Sunglasses & More Insane Deals
- Gaston Glock, the Austrian developer of the Glock handgun, dies at 94
- House where 4 University of Idaho students were killed is set to be demolished
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
A Battle Is Underway Over California’s Lucrative Dairy Biogas Market
2 Australians killed in Israeli airstrike in Lebanon, says Australia’s acting foreign minister
Teddi Mellencamp Gets Shoulder Skin Cut Out in Surgery Amid Cancer Battle
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Almost 10 million workers in 22 states will get raises on January 1. See where wages are rising.
Dwyane Wade’s Union With Gabrielle Union Is Stronger Than Ever in Sweet Family Photo With Kids
Ariana Grande and Boyfriend Ethan Slater Have a Wicked Date Night