NEWS
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“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 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.
”To the fans, it’s completely up to you to choose how you spend your time,” the “Bad Blood” singer said.