Taylor Swift has officially attained billionaire status, thanks to her immensely successful Eras Tour concerts and accompanying film, the value of her new music and the re-release of her earlier studio albums, per Bloomberg.
One particularly shrewd economic move that Swift recently made was releasing a professionally-shot version of the Eras Tour concert.
During its opening weekend, the film grossed an impressive $92.8 million and dominated the box office for two consecutive weeks. “Taylor Swift: The Eras Tour,” a nearly three-hour theatrical experience, set several records, including becoming the first concert film to surpass $100 million at the box office.
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On Oct. 26, the prominent financial news organization published an article announcing that the 33-year-old “Shake It Off” singer had entered the exclusive club of billionaire artists, alongside figures like Rihanna and Jay-Z.
Bloomberg conducted a comprehensive analysis of Swift’s finances and her journey to becoming a billionaire, lauding her as “one of the few recording artists who has amassed a ten-figure fortune primarily from her music.”
In contrast, Rihanna’s wealth is substantially derived from her Fenty Beauty and clothing lines, while Jay-Z’s success is linked to a range of investments and business ventures, not solely reliant on his music.
According to Bloomberg, Swift’s precise net worth stands at $1.1 billion, calculated through an assessment of her music catalog, merchandise sales, tour revenue and other income sources.
Taylor Swift arrives at the world premiere of the concert film “Taylor Swift: The Eras Tour” on Wednesday, Oct. 11, 2023, at AMC The Grove 14 in Los Angeles. (AP Photo/Chris Pizzello)Chris Pizzello/Invision/AP
DEVOTED FANBASE
It’s evident that both the singer and her devoted fanbase wield a considerable economic influence. The Eras Tour alone generated more than $2.2 billion in North American…
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