Latest news with #TaylorSwift:TheErasTour
Economic Times
4 days ago
- Entertainment
- Economic Times
Taylor Swift's net worth revealed, it will leave you stunned; Here's how she earned it
Taylor Swift's latest milestone has the world talking, and the numbers will shock you. Taylor Swift has reached another milestone in a career defined by record-breaking achievements, becoming the richest female musician in the world. According to Forbes, which updated its billionaire rankings this week, Swift's net worth now stands at $1.6 billion, surpassing Rihanna to take the top spot. What makes this feat extraordinary is how she achieved it, as Swift is the first artist to join the billionaire ranks solely on the strength of her songwriting, music sales, streaming deals, and touring, without relying on business ventures like makeup lines or clothing brands. Swift's wealth is anchored in the value of her music catalog, which includes some of the most popular albums of the past two decades, and her dominance in live performance. The turning point came with her Eras Tour, which began in March 2023 and ran for 149 sold-out stadium shows across five continents. By the time the tour concluded in Vancouver earlier this year, it had grossed more than $2 billion, making it the highest-grossing concert tour in history. Bloomberg Economics estimated the tour's US dates alone generated $4.3 billion for the country's GDP. The tour's success extended far beyond the stage. The concert film Taylor Swift: The Eras Tour earned $261 million at the global box office, setting a record for the highest-grossing concert movie ever. Swift then struck a reported $75 million deal with Disney+ for exclusive streaming rights, bypassing traditional Hollywood studios in the process. Her latest album, The Tortured Poets Department, released in April 2024, sold 2.61 million equivalent units in its first week, the second-biggest single-week sales total in history, and spent 17 weeks at No. 1 on the Billboard 200. Swift's re-recording project, which has produced 'Taylor's Version' editions of four of her first six albums, has also proved highly in May 2025 completed one of the most significant business moves of her career, purchasing the masters of her first six albums from Shamrock Capital for an estimated $360 million. The deal gives her complete ownership of her early work for the first time, ensuring decades of future royalties from both the original versions and her of music, Swift owns an estimated $110 million in real estate, with properties in Nashville, New York City, Los Angeles, and Rhode Island. She also owns a Dassault private jet and is known for her philanthropy, donating millions to disaster relief, education programs, LGBTQ+ advocacy, and food banks in cities where she has been equally strategic in avoiding financial pitfalls. She famously backed out of a $100 million sponsorship deal with the now-defunct crypto exchange FTX after questioning the legality of its products, a decision that spared her from lawsuits that ensnared other influence now extends well beyond the music industry. Economists and cultural commentators have coined the term 'Swiftonomics' to describe the economic boost her concerts bring to host cities, from hotel bookings to restaurant a new album, The Life of a Showgirl, set for release later this year and more 'Taylor's Version' albums expected, her financial trajectory shows no signs of slowing.
Business Insider
5 days ago
- Business
- Business Insider
Taylor Swift's net worth has reached the billions thanks to her showstopping Eras Tour — see how the pop star makes and spends her fortune
Taylor Swift has an estimated net worth of $1.6 billion. According to Forbes, which published a series of 2024 billionaire reports, Swift is the first musician to reach 10-figure status solely based on songwriting and performances rather than brand deals, makeup lines, or business ventures. Swift's vast fortune is primarily thanks to her valuable discography and earnings from streaming deals, music sales, concert tickets, and merchandise. Representatives for Swift did not respond to a request for comment from Business Insider regarding the 2024 Forbes report. As of August 13, 2025, Forbes estimates Swift's net worth to be $1.6 billion. The pop star's record-breaking Eras Tour, which began in March 2023, propelled the singer to billionaire status. Swift's 21-month, five-continent Eras Tour was nothing short of a sensation. By the end of its first year, it had become the first tour to gross over $1 billion in revenue and was on track to become the highest-grossing tour of all time. In October 2023, after Swift toured 56 dates across the US and Mexico, the Eras Tour had already generated $780 million and added $4.3 billion to America's gross domestic product, according to Bloomberg Economics. Throughout 2024, Swift also made stops in Tokyo, Australia, Singapore, Canada, and 11 countries throughout Europe. By the end of its run, the Eras Tour had grossed over $2 billion. The morning of Swift's final performance in Vancouver, The New York Times reported that the Eras Tour had crossed the $2 billion threshold, making it the first concert tour in history to do so. This figure was confirmed by Taylor Swift Touring, the singer's production company. All 149 stadium shows were sold out, and the company said over 10 billion people attended the Eras Tour. That means the average ticket sold for $204, well above the industry average for top concert tours, per The New York Times. Resale tickets were even pricier, often going for thousands in secondhand markets. (Artists like Swift don't earn anything from resold tickets.) The movie version of the tour broke box-office records before it was even released. It grossed more than $261 million worldwide. Worldwide ticket presales had already exceeded $100 million before "Taylor Swift: The Eras Tour" was released (a day early) on October 12, 2023, AMC Theatres reported. According to ticketing service Fandango, the film set a record for the highest first-day ticket sales in 2023. It has also become the highest-grossing concert movie of all time, surpassing "Justin Bieber: Never Say Never." Swift, who bypassed movie studios to personally fund the concert movie, received half of the film's box office earnings. It grossed $261 million worldwide. Swift cashed in on her blockbuster Eras Tour movie again by selling the streaming rights to Disney for more than $75 million. Once " Taylor Swift: The Eras Tour" had left theaters, Swift struck a deal with Disney+ to release the film's extended version on streaming. According to Puck News, Disney paid upward of $75 million for the exclusive rights. Citing anonymous sources, the outlet reported that Disney's Bob Iger outbid Netflix and Universal Pictures (which handled VOD distribution for the film in December) for the streaming rights by offering a huge sum, which the other two streamers couldn't match. Swift also released an Eras Tour photo book, which sold over 800,000 copies in its first weekend. Shortly before the Eras Tour concluded, Swift released a photo book for Black Friday. As she did with the Eras Tour film, Swift circumvented traditional routes and opted to self-publish instead, ensuring she would get more of the book's revenue. The book was exclusively available at Target and sold hundreds of thousands of copies in its first weekend, becoming the second-best-selling non-fiction title after Barack Obama's presidential memoir. Swift has endorsement deals and partnerships with high-profile brands. Throughout her career, Swift has partnered with brands like Capital One, AT&T, Stella McCartney, Elizabeth Arden perfumes, American Express, Keds, Diet Coke, Walmart, and Apple. But touring has long been Swift's biggest money maker. The 1989 World Tour grossed more than $250 million in 2015. She earned even more during her Reputation Stadium Tour in 2018. Billboard reported that at the time, the Reputation Stadium Tour broke the record for the highest-grossing US tour ever. Swift earned an average of $7 million per show, more than double the US per-concert average during the "1989" tour. But her tours don't just bring in ticket sales. Swift also makes a huge sum of money from merch. In April 2023, Forbes estimated that Swift's coveted on-site merchandise — which she sells at an average price of $80 —could add an estimated $87 million in proceeds to her fortune. Swift made $52 million in 2021 after rerecording earlier work that was acquired (and then sold) by Scooter Braun. Swift embarked on a mission to rerecord her first six albums after Scooter Braun, whom she accused of "incessant, manipulative bullying," purchased the legal rights to her back catalog in 2019. (He later sold the master recordings to Shamrock Capital, a private-equity company, in a reported $300 million sale.) Swift released the first installment in the series, "Fearless (Taylor's Version)," in 2021. It debuted atop the Billboard 200 — indicating this would be a lucrative venture for Swift. Later that year, Swift's new version of "Red" became one of the year's top-selling albums. The two rerecorded albums helped place Swift on the " The Highest-Paid Entertainers 2022" report from Forbes. She has since released "Speak Now (Taylor's Version)" and "1989 (Taylor's Version)." The latter sold over 1.6 million equivalent units in its first week, surpassing the original's total. Swift amassed an estimated $230 million in record sales following the release of her 2022 album "Midnights." According to The Guardian, the massive sales for her 10th album, "Midnights," brought in $230 million for Swift's label Universal. With more than 1.5 million equivalent album units earned in the US in its first week, "Midnights" landed the biggest week for an album in seven years (since Swift's own album "Reputation"). Swift's latest album, "The Tortured Poets Department," sold millions of copies in a matter of weeks. Swift's 11th studio album, " The Tortured Poets Department," was released on April 19, 2024. It debuted at No. 1 on the Billboard 200 with 2.61 million equivalent album units sold in its first week, the second-biggest single-week total in history. This sum was thanks to high streaming numbers and physical album sales, especially vinyl sales, which Swift pushes more successfully than anyone else. According to a Billboard report from November 2023, one in every 15 vinyls sold in the US is one of Swift's. Fans continued to buy and stream "Poets" throughout the year, sending it to No. 1 for 17 weeks, the most of any album in 2024. On November 30, 2024, "Poets" was certified 6x platinum by the Recording Industry Association of America, meaning it has sold at least 6 million copies in the US. In 2025, Swift announced she had bought back her masters, which will likely increase her net worth over time. On May 30, 2025, Swift announced she had bought back her masters from Shamrock Capital. "All I've ever wanted was the opportunity to work hard enough to be able to one day purchase my music outright with no strings attached, no partnership, with full autonomy," Swift wrote in an open letter to fans. "I will be forever grateful to everyone at Shamrock Capital for being the first people to ever offer this to me." The purchase gave Swift full ownership of her life's work — including her albums, music videos, and concert films — for the first time in her career. Swift did not disclose the terms of the deal, but sources told Billboard that she paid about $360 million, meaning Shamrock "did not make much, if any, profit off the sale of the assets." After Swift launched her rerecording venture, many devoted fans refused to listen to the original recordings of her first six albums, which they called the "stolen versions." The masters owned by Shamrock became systematically devalued with each "Taylor's Version" release, likely giving her leverage in their negotiations. Now that the masters belong to Swift, fans will once again feel free to stream and buy those albums, making them more valuable in her hands. Swift will also be able to sell physical copies, use the photography and artwork for merchandise, and license the songs for commercial use. She will continue to earn royalties from the "Taylor's Version" releases as well as the originals. "Ownership of the six masters will undoubtedly improve Taylor's take-home pay," Larry Miller, director of the Music Business Program at New York University, told Newsweek. "Under Braun's and Shamrock's ownership, Taylor declined requests to license the original masters for film and TV. Now they'll be licensed, and the old, much-loved masters will generate revenue for the rest of her life — and beyond." Swift has amassed an impressive fortune — and she knows how to spend it. Her real-estate portfolio is worth a reported $110 million. Swift's real-estate portfolio consists of eight properties in four different states. In Nashville, she owns a 3,240-square-foot condo worth an estimated $3 million and a 5,600-square-foot Greek Revival estate worth an estimated $2.5 million. In LA, Swift owns a 10,982-square-foot Beverly Hills mansion worth nearly $30 million. Across the coast, Swift owns an estate with seaside views in Watch Hill, Rhode Island, for which she reportedly paid $17.75 million. But that's nothing compared to the estimated $40 million worth of property Swift owns in New York City on the same block in Tribeca. That includes an 8,309-square-foot duplex penthouse and a four-story townhouse. She used to rent an apartment on Cornelia Street — the famous inspiration behind her "Lover" track "Cornelia Street" — which was listed in 2023 with a $17.9 million price tag. Swift needs a way to travel among all these homes. She reportedly owns a Dassault private jet. The Dassault 7X is registered to Island Jet Inc., a holding company listed under the same address as Taylor Swift Productions. Swift used to have two private jets, but she quietly sold one amid criticism of her carbon footprint. ("Taylor's jet is loaned out regularly to other individuals," a rep for Swift said in a statement. "To attribute most or all of these trips to her is blatantly incorrect.") There's no word on how much she paid for these vehicles, but a brand-new Dassault 900 has a list price of $44 million, according to Business Jet Traveler. Elon Musk owns a similar model that costs about $26 million. Swift often spends money dining out with her friends and partner, especially when in New York City. In the past, she's been spotted at The Fat Radish, The Spotted Pig, Sarabeth's, L'Asso, Nobu, and Vita Carota. But Swift has always been generous with her money, supporting causes and helping those in need. Swift pledged $4 million to the Country Music Hall of Fame to fund an education center. Her commitment to education doesn't stop with music; Swift also donated $50,000 to New York City public schools, People reported. She has donated millions to support victims of natural disasters. In 2010, Swift donated $500,000 to Nashville flood relief, and in 2016, she donated $1 million to the victims of the Louisiana floods. Swift also raised $750,000 through a Speak Now Help Now benefit concert for victims of tornadoes in the southern US in 2011, according to People. More recently, Swift made a $5 million donation to communities affected by Hurricane Helene and Hurricane Milton. Swift has also been known to support victims of gun violence in recent years. In 2020, Swift gave $50,000 to a mother of five who lost her husband to COVID-19 days before Christmas. She and her mom, Andrea Swift, quietly made the donation, according to USA Today. She also gifted $13,000 each to two moms who were also struggling financially because of the pandemic. Swift has made several generous donations to LGBTQ+ organizations. Swift has long been an advocate for the LGBTQ+ community, threading references to the fight for equal rights into songs like "Welcome to New York" and "You Need to Calm Down." Back in 2016, Swift participated in a charity auction to help keep the historic Stonewall Inn operational. The New York City gay bar was the scene of a police raid in 1969, sparking a riot that helped launch the nationwide fight for LGBTQ+ rights. In more recent years, Swift has made generous donations to the Tennessee Equality Project and GLAAD, in addition to her vocal support of The Equality Act. And then there are the two famous checks she wrote for $1,989 — an ode to her best-selling album — sent to two fans to pay a student loan and to donate to a dance marathon benefit. The checks were sent out in 2014, according to People. Throughout the Eras Tour, Swift donated huge amounts to food banks along her route. Throughout the first US leg of her Eras Tour, Swift habitually made large donations to local food pantries. She continued this tradition throughout the tour's European leg. Swift also helps out her fellow pop stars. She gave Kesha $250,000 to help with legal fees during her lawsuit against Dr. Luke. For several years, Kesha was embroiled in a defamation lawsuit after she accused the music producer Dr. Luke, her former mentor, of "unrelenting abuse" and rape. (Dr. Luke denied the allegations, and they reached a settlement in 2023.) The "Rainbow" singer revealed Swift's donation during an interview with Rolling Stone in 2017. Kesha described Swift as "a fucking sweetheart. Very, very sweet, very, very genuine, extremely generous, picks up the phone every time I call her. My mom doesn't even always pick up the phone!" Swift has proven herself to be incredibly savvy with investments. In 2022, Swift pulled out of a $100 million sponsorship deal with Sam Bankman-Fried's FTX after she questioned whether the company was selling "unregistered securities." As Business Insider previously reported, many other celebrities, such as Tom Brady and Stephen Curry, failed to do so and were subsequently sued for endorsing the now-bankrupt crypto exchange.
Cosmopolitan
23-07-2025
- Entertainment
- Cosmopolitan
What We Know About Channel 4's Taylor Swift 2-Part ‘Taylor' Docuseries
We're finally getting more Taylor Swift content. Over the past two decades, the singer-songwriter cemented herself as a pop culture icon and made history as the first artist to become a billionaire solely from her musical projects. Now, we get a closer look at her journey with a new 2-part docuseries coming to the U.K.'s Channel 4. Unlike her wildly successful Taylor Swift: The Eras Tour concert film, Deadline reports that the Guy King-directed project will draw footage from a 'rare archive' and feature commentary from experts and Swifties alike. 'Taylor Swift is an unprecedentedly powerful 21st-century voice for women and young people,' the director wrote in a statement published by Deadline. 'Under the microscope of social media since the earliest days of MySpace and Tumblr, she came of age during a new feminist wave. With her fame came controversy, which she so skillfully wrestled to the floor. We're excited to tell her story.' The series will be produced by Sandpaper Films, which also released Doom Scroll: Andrew Tate and the Dark Side of the Internet, A Deadly American Marriage, and Investigating Diana. Just last year, Channel 4 released another Tay-inspired documentary, The Rise and Rise of Taylor Swift: Untold, which showed how her 'incredibly loyal fanbase helped carry her to the top.' While there's no release date tied to the new project just yet, it comes hot on the heels of Taylor acquiring the masters of her first six albums, which were purchased by Scooter Braun in 2019 and later sold to Shamrock Holdings in 2020. After re-recording four of her first six albums and embarking on the Eras Tour, the 14-time Grammy winner shared that she now owns her entire musical catalog in an emotional letter she penned to her fans on May 30. 'I really get to say these words: All of the music I've ever made… now belongs to me,' she wrote, in part, adding that she also owns all her music videos, concert films, album art and photography, and unreleased songs. She continued, 'To say this is my greatest dream come true is actually being pretty casual about it. To my fans, you know how important this has been to me—so much so that I meticulously re-recorded and released four albums, calling them Taylor's Versions. The passionate support you showed those albums and the success you found giving The Eras Tour into why I was able to buy back my music. I can't thank you enough for helping to reunite me with this art that I have dedicated my life to, but never owned until now. All I've ever wanted was the opportunity to work hard enough to be able to one day purchase my music outright.' All that to say... we can't wait to see the story of Taylor unfold in the new docuseries.
Yahoo
13-06-2025
- Entertainment
- Yahoo
14 positive things that happened on Friday the 13th
June 13 is a Friday. Traditionally, Friday the 13th is considered a "cursed" date, but it doesn't have to be. President Johnson signed an executive order preventing gender discrimination on October 13, 1967. Friday the 13th has a long history of freaking people out. When this day rolls around, people buy and travel less. In fact, the global economy is estimated to lose as much as $900 million every time a Friday lands on the 13th. However, the Dutch Center for Insurance Statistics reported in 2008 that Friday the 13th is actually statistically safer than other Fridays — there are fewer accidents and reports of fire and theft on these days. If that doesn't convince you, keep scrolling to learn about some positive events that took place on a Friday the 13th. President Lyndon B. Johnson signed an executive order preventing gender discrimination in the government. While Title VII officially prevented discrimination based on race, color, religion, national origin, and sex for private employers, it wasn't until Executive Order 11375 that discrimination based on gender was illegal for the federal government and federal contractors. President Johnson signed the order, which was officially titled Amending Executive Order No. 11246, Relating to Equal Employment Opportunity, on October 13, 1967. Malta became a republic. The tiny Mediterranean country of Malta first became independent of the British in 1964, but officially became a republic on December 13, 1974. Even though it's small, Malta is an underrated place to visit. Evelyn "Pinky" Kilgare-Brier became the first certified female pilot instructor. According to the National Museum of the US Air Force, Kilgare-Brier became the first woman to receive an airplane instructor's license on October 13, 1939. She was an important figure for women in aviation. She also flew non-combat missions during World War II, and after the war she owned and operated her own private airport, according to her obituary in the Los Angeles Times. The Olympics officially returned to their home country. The 2004 Summer Olympics were held in Athens, Greece, the country where they started, both in ancient and modern times. The opening ceremony took place on August 13. It was the largest Olympic Games at the time, with 201 countries participating. Michael Phelps also won his first Olympic medal and broke his first record in Athens. The queens of the '90s, Mary-Kate and Ashley Olsen, were born. The Olsen twins were born on June 13, 1986. They famously got their start on "Full House" and went on to create an empire: books, videos, perfume, clothing lines, and much more. "Taylor Swift: The Eras Tour" premiered on Friday, October 13, 2023. Taylor Swift was born on December 13, 1989 — her birthday landed on Friday the 13th last year — and she has repeatedly said that 13 is her favorite number. She even used to perform with "13" drawn on her hand. As part of her 13 agenda, her blockbuster concert film "Taylor Swift: The Eras Tour" premiered in theaters on Friday, October 13, 2023. It went on to become the highest-grossing concert film of all time after grossing $261 million worldwide, according to Box Office Mojo. The first scientifically recognized dinosaur eggs were discovered. Roy Chapman Andrews discovered the first dinosaur eggs at a dig in Mongolia on July 13, 1923, according to the American Museum of Natural History. Scientifically, this was huge for the field of paleontology, confirming that dinosaurs laid eggs. The museum was so impressed that Andrews went on to become its director from 1935 to 1942. The famous Hollywood sign was dedicated. The Hollywood sign is an iconic piece of California culture. But when it was officially dedicated on July 13, 1923, it wasn't even supposed to last for more than two years. Originally, the sign was installed to promote a new subdivision in the Hollywood Hills. "Super Mario Bros." was released. "Super Mario Bros.," one of the most iconic video games in history, was released on September 13, 1985, exclusively in Japan, per The Verge. Since then, Mario has been in approximately 170 games, including wildly successful spin-offs like "Mario Kart," "Mario Party," and "Paper Mario." A "significant amount" of water was found on the Moon. A lunar space station has long been the subject of science fiction novels, but on November 13, 2009, that dream took one step closer to reality when NASA announced they found water on the Moon. How much is a "significant amount"? According to NASA's Anthony Colaprete, around a dozen 2-gallon bucketfuls. Black Sabbath released their debut album and invented heavy metal. The 69th best debut album of all time, at least according to Rolling Stone, Black Sabbath's self-titled album was released on February 13, 1970. The album is widely regarded as having created the genre of heavy metal, with instant classics like "NIB." and "The Wizard." Actor Steve Buscemi was born. Steve Buscemi was born on December 13, 1957 — yes, he shares a birthday with Taylor Swift. Buscemi might be famous as an actor, but he also has a lesser-known second career: a New York City firefighter. Buscemi became an NYC firefighter at age 18. He eventually left the service to pursue acting, but in the aftermath of 9/11, Buscemi helped with rescue efforts and worked 12-hour shifts sifting through the rubble. "Friday the 13th Part III" was released. Of the iconic "Friday the 13th" movie saga, "Part III" was the first to actually open on Friday the 13th (August 13, 1982), the first to experiment with 3D, and the first appearance of Jason's mask. Even though the movie was critically panned, the movie made over $36 million against a $2.3 million budget, according to Box Office Mojo. Friday the 13th is always the last day before the weekend. If all else fails to convince you that Friday the 13th isn't a cursed date, just remember this: It's the last day of the workweek. Fridays are the best! Read the original article on Business Insider
Yahoo
12-05-2025
- Entertainment
- Yahoo
Taylor Swift Might Be Going From Pop Queen to Silver Screen With This Iconic Reboot
Hollywood loves a remake and the latest film to get that reboot treatment is a classic that probably doesn't need a new interpretation, but it's getting one. The 1992 movie, The Bodyguard, starring Whitney Houston and Kevin Costner, is being reimagined, per Deadline. The cast has not been announced, but a super-famous name bubbled up immediately on the internet: Taylor Swift. When Houston filmed the movie, she was the biggest pop star of the moment and the same could be said of Swift right now. So, it's understandable that Hollywood would think she was perfect for the role. But there's another reason why Swift's name swirling about and it has to do with her connections to the people working on the project. More from SheKnows Eagle-Eyed Fans Noticed How Donna Kelce May Feel About Travis Kelce & Taylor Swift Being Parents Sam Wrench, who directed Swift's concert film, Taylor Swift: The Eras Tour, is set to helm The Bodyguard revamp. It makes her casting feel like a natural fit even though the casting process isn't underway yet. The duo also made magic at the box office in 2023, earning $261.7 million worldwide. If you're not familiar with the original film, the storyline follows a former U.S. Secret Service agent, played by Costner, who becomes a bodyguard. He is hired to protect a famous actress and singer, played by Houston, who is being harassed by an unknown stalker. Amid the drama, the duo's undeniable chemistry takes over. While Swift is the hot name of the moment to play Houston role, there was a rumor in 2023 that a royal family member might play the part. Meghan Markle, who retired from acting in 2017 after getting engaged to Prince Harry, somehow found herself in the mix of The Bodyguard 2 with Costner. 'The only thing Kevin loves more than an underdog like Meghan is a box office hit,' a source told New Idea magazine, via the Express. The rumor wasn't that far-fetched considering Costner wanted Princess Diana to star in a follow-up film with him back in the '90s. 'I said, 'Look, I'm going to do Bodyguard 2 and I think I can build this around you. Would you be interested?'' he recalled on The Howard Stern Show in 2024. 'And she said … she goes, 'Yes.'' He reportedly had those conversations with the Princess of Wales in 1996 around the time her divorce from Prince Charles was about to be finalized. 'She goes, 'My life's about to change,'' Costner told Stern of their conversation. 'She said, 'Is there going to be a kissing scene?' And I said, 'Do you want there to be one?' And she said, 'Yeah.' And I said, 'Then we'll do that.'' Princess Diana died a year later in a devastating car crash on Aug. 31, 1997, and Costner decided not to move forward with the project because he 'could not replace Princess Di.' The Bodyguard reboot is still in the preproduction stage, no release date has been targeted of SheKnows These Movies & TV Shows Give An Honest Look at the Reality of Living With Clinical Depression Every Celebrity Who Put Their Own Spin on the Little Black Dress Trend 15 of the Most Controversial SNL Skits of All Time
