Taylor Swift secured her spot on Forbes’ Billionaires List on April 2, 2024, distinguishing herself from other wealthy artists by earning her fortune entirely through her music career.
At 34 years old, Swift ranked No. 2,545 on the prestigious list, which reported a record number of billionaires, with a combined net worth of $14.2 trillion. Swift’s inclusion follows Forbes’ announcement in October 2023 that her wealth had reached $1.1 billion.
What makes Swift’s achievement particularly remarkable is that she is the first musician to reach billionaire status purely through songwriting and performing, without relying on profitable side ventures like beauty brands or fashion lines. This places her in the same category as other legendary artists like Bruce Springsteen, who also amassed his wealth through touring.
More than half of Swift’s fortune—around $500 million—comes from music royalties and extensive touring. Her Eras Tour alone earned her $190 million after taxes in its first leg, with an additional $35 million generated from the concert film “Taylor Swift: The Eras Tour,” which became the highest-grossing concert movie of all time.
An additional $500 million of Swift’s wealth comes from the growing value of her music catalog, particularly after her decision to re-record her early albums, following the controversial sale of her masters to Scooter Braun and Shamrock Capital. This decision, made after leaving Big Machine Label Group for Republic Records, gave Swift full ownership of her future recordings, a move that has significantly boosted her earnings.
As Swift’s career continues to evolve, she remains a dominant force in both music and culture, with upcoming projects, including her 11th studio album, “The Tortured Poets Department,” expected to further enhance her substantial fortune.