Taylor Swift can now add another impressive feat to her extensive list of accomplishments this year.
A recent analysis has declared the “Love Story” singer a millionaire, thanks in large part to her record-breaking Eras tour. After the announcement of the update, Swifties, as her fans are known, took to social media to not only celebrate but also express the inspiration they got from her.
Happy Fans Take Some Lessons From New Billionaire Taylor Swift’s Net Worth
Swift is once again the talk of the internet after her ongoing Eras Tour brought her net worth to $1.1 billion. In light of the milestone, one fan was happy expressed through X, “YES! my favorite artist taylor swift is now a BILLIONAIRE. I was inspired to work harder. ? #1989TaylorsVersion.”
Second Swifty write, “Me: Billionaires shouldn’t exist. *TAYLOR SWIFT IS OFFICIALLY A BILLIONAIRE *Me too:,” above a meme that included the words, “I said, ‘That’s my baby and I’m so proud.’”
“Taylor Swift BILLIONAIRE!!!! Mom better have my money!!!,” a third fan exclamationas the fourth written, “congratulations to taylor swift for becoming the first bisexual millionaire! make this a lesson that you actually HAVE to choose a side to succeed.”
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The fifth X user told“babe wake up taylor swift is a billionaire,” and the sixth pointed out“Taylor Swift reached millionaire status this week BEFORE the 1989 version of Taylor so forgive me if she doesn’t get harassed by a few angry football fans?.”
The seventh admit“I’ve never been more attracted to Taylor Swift than I am now, when I hear she’s a millionaire,” while the eighth shared together:
“Taylor Swift is the first artist to achieve millionaire status primarily from her musical endeavors. Riri got her billionaire status from her beauty and clothes, while JayZ got her diverse investment and business base outside of the music industry.”
“taylor swift may be the only ‘ethical millionaire’ in the world because she only makes billions from selling music……. ?,” the ninth Swiftie recorded.
Eras Tour Helps US Economy 2023
It has been reported that Swift is one of the few artists to reach millionaire status based on her music and performances alone as opposed to other ventures such as skin care, makeup or fashion lines.
The “You Belong With Me” singer’s incredible songwriting, savvy approach to streaming, and decision to re-record her first six albums have all contributed to her significant financial success. This comes in an era when many musicians, even the most famous, have seen a significant decline in their industry influence.
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Additionally, the “Love Story” entertainer’s deep bond with his loyal fans has created a more united following than many political parties. In fact, there is a widespread tradition of exchanging Swift-inspired friendship bracelets among attendees during her concerts.
When you consider Swift Inc. overall, it resembles a “multinational conglomerate” with a fiercely loyal customer base, a charismatic chief executive and enormous economic clout.
The outlet further estimated that Swift’s net worth can be categorized as follows: her catalog of music released since 2019, including the new album and the re-recorded “Taylor Version”, is estimated to be worth $400 million, while her income from concerts, ticket sales, and merchandise is estimated at around $370 million.
The remaining portion of the 12-time Grammy Award winner’s net worth is believed to come from various sources, such as streaming income [$120 million]ownership of five personal properties [$110 million]and royalties from music sales [$80 million].
The FM Hit Music Awards recipient’s new status coincides with another eventful year for the pop star, with more to come. Meanwhile, his Eras tour is estimated to have contributed $4.3 billion to the United States’ gross domestic product across his 53 shows.
The average ticket price for the tour was $254, with many selling for higher prices on secondary ticketing platforms. The international segment of the tour will begin in November with a series of shows in Brazil.
After the break, Swift will continue with shows in Australia and Asia in February and March respectively. In the spring and summer, his tour will take him to Europe, where he has 16 dates scheduled in the United Kingdom and Ireland.
News of Swift’s billionaire status was originally broken by Bloomberg News.
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Source: thtrangdai.edu.vn/en/
