Taylor Swift has officially achieved billionaire status, 17 years into her illustrious career as music’s biggest superstar.
On Tuesday, Forbes published its list of billionaires of 2024 and Taylor rose to fourteenth place with a fortune of $1.1 billion.
The 34-year-old pop star, who is the most famous newcomer to the list, amassed a fortune estimated at $1.1 billion, based on earnings from her successful Eras tour, the value of her music catalog and her wallet. of real estate.
This is on top of huge earnings from his first six albums, which he re-recorded while negotiating with streaming platforms over how his music is monetized.
The achievement is particularly monumental as she is among the few to have achieved the milestone “through music and performing alone.”
Taylor Swift has officially achieved billionaire status, 17 years into her illustrious career as music’s biggest superstar.
The 34-year-old pop star, who is the most famous newcomer to the list, amassed a fortune estimated at $1.1 billion, based on earnings from her successful Eras tour, the value of her music catalog and her portfolio of real estate.
Taylor’s Eras tour is the first tour to cross the billion-dollar mark, according to Pollstar’s 2023 year-end charts.
Not only was Swift’s historic Eras Tour the number one tour both worldwide and in North America, it also grossed a whopping $1.04bn (£831.6m) with 4.35m tickets sold on 60 tour dates, the concert publication found.
Pollstar data is drawn from box office reports, venue capacity estimates, historical Pollstar venue ticket sales data and other undefined research, collected from November 17, 2022 to November 15, 2023.
Representatives for the publication did not immediately clarify whether they adjusted past tour data to match 2023 inflation in naming Swift as the first to break the $1 billion threshold.
Their tour began in March in Arizona.
Pollstar also found that Swift generated approximately $200m (£159.8m) in product sales.
Not only was Swift’s historic Eras Tour the number one tour both worldwide and in North America, it also grossed a whopping $1.04bn (£831.6m) with 4.35m tickets sold on 60 tour dates, the concert publication found.
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And her hit film adaptation of the tour, Taylor Swift: The Eras Tour, has earned approximately $250 million (£199 million) in sales.
That makes it the highest-grossing concert film of all time.
According to its estimates, Pollstar also predicts a great 2024 for Swift.
The magazine projects that the Eras Tour will once again reach $1 billion (£799 million) within its eligibility window.
That means Swift is likely to raise more than $2bn (£1.5bn) during the tour.
Globally, Swift’s tour was followed by Beyoncé in second place, Bruce Springsteen & The E Street Band in third place, Coldplay in fourth place, Harry Styles in fifth, followed by Morgan Wallen, Ed Sheeran, Pink, The Weeknd and Drake.
In North America, there was a similar top 10: Swift, followed by Beyonce, Morgan Wallen, Drake, P!nk, Bruce Springsteen & The E Street Band, Ed Sheeran, George Strait, Karol G and RBD.
Beyond Swift, 2023 was a landmark year for concert sales: Worldwide, the year’s top 100 tours saw a 46% increase over last year, generating $9.17 billion ($7. £31 billion) compared to $6.28 billion (£5.06 billion) in 2022.
Earlier this week, Swift was named Time magazine’s Person of the Year.
Last month, Apple Music named her artist of the year; Spotify revealed that she was the most streamed artist globally in 2023, accumulating more than 26.1 billion streams since January 1 and surpassing Bad Bunny’s three-year record.
Consider 2023 a year of incredible pop music dominance (Taylor version).