Taylor Swift is now part of an exclusive club (Picture: Getty Images)
You’d think by now, Taylor Swift would have officially reached all the important career milestones – but she’s just added another one to her list.
The US singer-songwriter, 33, has reportedly reached billionaire status, joining a group only a select few are part of.
Taylor’s net worth has reached astronomical heights in recent years, with her highly successful Eras Tour being credited for skyrocketing her bank balance to 10 digits.
As reported by Bloomberg, Taylor is now worth $1.1billion (£905million), a truly incomprehensible sum.
To put that into perspective, one billion is equal to 1,000 million.
If you are trying to save up $1bn and you are able to save at a rate of $100 per day, it would take you approximately 27,397 years to reach that golden $1bn… yep.
The singer reportedly has a net worth of $1.1billion (Picture: John Shearer/Getty Images for TAS)
Grammy winner Taylor – whose career has spanned 17 years – now accompanies the likes of Kim Kardashian and Oprah Winfrey in the billionaires club.
According to Bloomberg’s analysis, $400m (£329m) of Taylor’s net worth comes from music released by her since 2019, $370m (£305m) comes from ticket sales and merchandise, and $120m (£99m) comes from Spotify and YouTube earnings.
Taylor previously engaged in negotiations with streaming platforms like Spotify over how her music is monetised, which was also monumental in the industry.
She’s also added to her discography in recent years by releasing re-recorded versions of her earlier work in Taylor’s quest to own her masters.
She has so far released ‘Taylor’s Verions’ of Fearless (2008), Red (2012), Speak Now (2010), and now 2014’s 1989, which dropped this week to high praise.
Meanwhile, Taylor also reportedly has $110m (£91m) from the current value of five personal properties, as she owns homes across New York, Los Angeles, Rhode Island, and Nashville.
Taylor’s success has reached new heights in recent years, thanks to her album re-records and Eras Tour (Picture: Mike Coppola/Getty Images for MTV)
Finally, $80m (£66m) of Taylor’s net worth is said to come from royalties from music sales.
There’s no denying that her latest string of concerts has catapulted Taylor to a whole new level of success, if that was even possible given that she’s basically the queen of the music industry already.
After releasing two albums amid the pandemic, Taylor returned to the stage in 2023 with her Eras Tour, taking fans on a trip down memory lane as she performs songs from each album in her career.
So far, Taylor has racked up more than $700m (£576m) in ticket sales in America, with the average ticket costing $254 (£209).
Although, many fans paid a lot more for resale tickets to fulfill their dreams of seeing Taylor live.
She’s set to bring the three-hour spectacle to the UK and Europe in 2024, which will inevitably only make her even richer, along with the profits of the tour film.
The Blank Space hitmaker has also been giving back with her billions (Picture: John Shearer/Getty Images for TAS Rights Management )
Ever the charitable citizen, though, Taylor has also been giving back.
While out on the road, she’s been donating to food banks in each city, helping thousands of families in America to put food on the table.
But that’s not all, as the Anti-Hero hitmaker’s 53 US concerts added $4.3bn (£3.5bn) to the country’s gross domestic product, according to estimates from Bloomberg Economics.
In addition to that, Taylor made press when she gifted her tour truck drivers nearly £4m in bonuses, as a way of saying thank you for carting her equipment around the States.
When it comes to employers, she’s certainly one you’d want to work for.
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The Grammy winner is part of an exclusive club.
