Taylor Swift named billionaire by Forbes as Eras Tour, music catalogue and more amassed massive $1B fortune after the Grammy winner took home the prestigious artist of the year award at the 2024 iHeartRadio Music Awards
Taylor Swift has officially reached Forbes billionaire status.
“The most famous newcomer is, of course, Taylor Swift, whose record-breaking, five-continent Eras Tour is the first to surpass $1 billion in revenue,” the business magazine explained in a new article published Tuesday, highlighting celebrities who made their annual list.
“The 34-year-old pop star amassed an estimated $1.1 billion fortune, based on earnings from the blockbuster tour, the value of her music catalog and her real estate portfolio
According to Forbes, Swift is also the “first musician to hit ten-figure status” solely based on her songs and performances.
Other celebrities who made the annual list include NBA legend Earvin “Magic” Johnson and French fashion designer Christian Louboutin.
Swift’s Eras Tour, which kicked off in March 2023, was the highest-selling tour worldwide.
The announcement of her billionaire status comes just one day after the Grammy winner took home the prestigious artist of the year award at the 2024 iHeartRadio Music Awards.
Swift could not attend the Los Angeles-based awards show in person, but thanked fans for their support in a pre-recorded video that played on the big screen at the Dolby Theatre.
“What concerts you want to go to, what music do you want to make the soundtrack to your life, and to anyone who has included me in those choices, I’m so, so, so thankful for that.”
The “Love Story” crooner recently returned home from a romantic vacation in the Bahamas with her NFL star beau, Travis Kelce.
The Kansas City Chiefs tight end, also 34, has attended many of Swift’s shows over the past year. He even jetted off to Australia right after his 2024 Super Bowl win to support his pop star girlfriend. The Eras Tour is set to end in December 2024 in Vancouver, Canada.
Up next, Swift’s 11th studio album, “The Tortured Poets Department,” drops April 19. In celebration of the upcoming new music, SiriusXM is launching an entire channel dedicated to the musician, “Channel 13 (Taylor’s Version),” from April 7 through May 6.
In a groundbreaking achievement, Forbes reports that Swift is the first musician to reach ten-figure status solely based on her songs and performances, solidifying her status as an unparalleled force in the music industry.
Joining Swift on the prestigious list of high-earning celebrities are NBA legend Earvin “Magic” Johnson and renowned French fashion designer Christian Louboutin, further highlighting the diversity of talent recognized for their financial success.
Swift’s Eras Tour, which commenced in March 2023, shattered records as the highest-selling tour worldwide, further cementing her status as a global icon.
The revelation of Swift’s billionaire status comes hot on the heels of her triumph at the 2024 iHeartRadio Music Awards, where she was honored with the prestigious Artist of the Year award. Although unable to attend the Los Angeles-based awards ceremony in person, Swift graciously thanked her fans for their unwavering support in a heartfelt pre-recorded video broadcasted at the Dolby Theatre.
“To the fans, it’s completely up to you to choose how you spend your time,” expressed the “Bad Blood” singer, acknowledging the pivotal role her devoted fanbase has played in her unparalleled success.
