Hollywood

Music Mogul Taylor Swift Now A Billionaire

Taylor Swift once said that there’s nothing that the Swifties can’t achieve. She has proven it again and again that when she and her fans team up, nothing is impossible. The singer and songwriter has reached the status of a billionaire as per the latest reports by Bloomberg. Taylor’s net worth now stands at $1.1 billion mostly owing to the grand success of the Eras Tour. Eras Tour is one of the biggest music tours of all time.

What sets Taylor apart from other artists with a billionaire status is her source of income. While others have diversified their income sources, Taylor’s wealth comes directly from her music and performance. Even though she has been making music for more than a decade now, her income includes music she released only after 2019, as her previously released music is held by Shamrock Holdings.

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Taylor’s achievement comes just before the release of her album, ‘1989 TV’ which is coming out on Friday. Her re-recorded album with a few songs from the vault is expected to be the biggest album of the year. Taylor’s concert film from the Eras Tour is already creating records at the box office in North America.

Taylor’s Eras Tour became more than just a tour and shaped not just the music industry but also the US economy. The North American leg of the tour alone is expected to gross more than $2.2 billion and a significant part of it would go directly to her. Her achievements keep proving the argument that Taylor Swift is not important to the music industry, Taylor Swift is the music industry.

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Saumya

Saumya is a passionate Telugu movie addict and an avid binge watcher of OTT platforms, covering Travel, Bollywood, Tamil, Kannada, Malayalam, and international cinema. With a decade of experience at M9 News, Saumya br…

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