Taylor Swift Officially Declared A Billionaire By Forbes. Details Here


Taylor Swift officially declared a billionaire by Forbes.  Details here

Photo of Taylor Swift during a concert. (courtesy: taylorswift)

New York:

Taylor Swift was officially named a member of the three-comma-club on Tuesday, as Forbes confirmed rumors that estimated her net worth to exceed a billion dollars. The financial news outlet said she is the first artist to achieve billionaire status based solely on her music, and estimates she has a net worth of $1.1 billion. Other industry luminaries who have achieved success – including Rihanna and Jay-Z – have amassed their massive wealth through fashion brands, liquor companies or entertainment holdings, among other interests.

With her vast songwriting catalog, Swift staged the first billion-dollar tour ever – the ongoing Erasure Tour has boosted economies and delighted fans around the world.

Swift, 34, also has a significant real estate portfolio, including homes in New York, Beverly Hills, Nashville and a coastal mansion in Rhode Island.

Her tour milestone was one of several records broken by Swift in the past year, including winning her fourth Grammy for Best Album, the most of any artist.

She received attention everywhere throughout 2023, culminating with Time Magazine honoring Swift as Person of the Year, calling her “a rare person who is both the author and hero of her own story”.

And in just a few weeks, fans will have a brand new album to look forward to: Swift is set to release Tortured Poets Department On 19th April.

new record

The frenzy over Swift was heightened by her dating life last year, as the pop culture icon began a very public romantic relationship with Travis Kelce of the Kansas City Chiefs, who ultimately won a Super Bowl championship.

Chiefs games – where Swift has been a regular in a private box – broke a series of ratings records last season.

It was even more proof of her widespread influence: With millions of social media followers and a fiercely loyal fan base, she can move any dial with little effort.

Even politicians – and conspiracy theorists – have been opining on their potential impact on the upcoming presidential election for months.

Swift was born on December 13, 1989 in Pennsylvania. He began writing songs professionally as a teenager and signed with Nashville's Big Machine Records as a country artist.

Years after she went full-pop and landed a big deal with Universal, Swift became embroiled in a highly publicized feud with Big Machine.

The sale of her song catalog to a private equity firm sparked a massive controversy over musicians' rights – and ushered in a bold new era of Swift's career.

He vowed to re-record his first six albums to regain the rights, and began making good on his promise, urging his fans to listen to the “Taylor Version” instead of the previous releases.

Meanwhile, she has released several more original studio albums, with her 11th album due out later this month.

And with his conversation-commanding Erez tour set to continue until the end of 2024, it is estimated that he will cross the $2 billion threshold, a staggering amount.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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