The ‘Cruel Summer’ singer Taylor Swift has been in the industry for almost two decades, and in the last couple of years, she has become a global icon. She has become a household name with her music and concerts.
According to Forbes, Taylor Swift has a whopping net worth of $1.6 billion as of October 2024. With these numbers, she is the richest female musical artist in the game as of October 2024, and here’s a little breakdown of her empire.
Eras Tour, music catalog, and royalties
Taylor Swift’s Eras Tour has been a rage all over the world and has massively contributed to her financial portfolio. The tour combined with her impressive music catalog, especially since her business acumen of re-releasing her albums in 2019, made $1.2 billion. On the other hand, her royalties helped her make around $600 million.
Taylor was only 15 years old when she started re-releasing her music. So far she has re-released four albums, starting with ‘Fearless’ (Taylor’s Version) in April 2021. The album had the biggest opening week back then.
The other three releases since — 2021’s ‘Red’ (Taylor’s Version), 2023’s ‘Speak Now’ (Taylor’s Version), and 2023’s ‘1989’ (Taylor’s Version). Even these three were massive hits.
In addition to this, Taylor treated her fans with new music albums as well, which fetched her both appreciation and revenue.
Taylor Swift’s Eras tour started in March 2023 and will end in December 2024. Right from the word go, this tour has been the talk of the town, and that too for all the right reasons.
Album and tour sales
In December 2023, Taylor Swift’s Eras tour became the highest-grossing tour of all time. According to Rolling Stone, the tour amassed over $1 billion, beating Elton John’s years-long Farewell Yellow Brick Road tour
Coming to her concert film, which premiered in October 2023, kept the cash registers ringing at the box office. It was the biggest concert film debut ever with $92.3 million at the box office opening weekend and $200 million globally the following weekend.
Her financial portfolio further solidified with the re-release of her album ‘1989’ in November 2023. Reportedly the album sold 1.6 million units in the U.S. (and over 3.5 million units worldwide). With this, she broke her own record, which was set by the same album in 2014 at 1.287 million units.
However, this wasn’t the first time or the last time Swift broke her own record. According to Variety, in 2024 her ‘The Tortured Poet Department,’ sold 2.61 million album units in its first week.
Real estate portfolio
Reports suggest that her real estate portfolio has contributed $125 million.
Taylor Swift wants her journey to be an example for everyone. Talking about it with TIME in December 2023, the singer mentioned, “What has existed since the dawn of time? A patriarchal society. What fuels a patriarchal society? Money, flow of revenue, the economy. So actually, if we’re going to look at this in the most cynical way possible, feminine ideas becoming lucrative means that more female art will get made. It’s extremely heartening.
She added, “It was for more money than I’d ever seen in my life. I was able to pay my band bonuses. I was able to pay for my tour buses. I was able to fuel my dreams. If we have to speak stereotypically about the feminine and the masculine, women have been fed the message that what we naturally gravitate toward … things [that] are more frivolous than the things that stereotypically gendered men gravitate toward, right?”
Travis Kelce Attends Taylor Swift’s Eras Tour Amid Engagement Rumours | Watch
