How Taylor Swift Earns and Spends Hundreds of Millions of Dollars

Earning hundreds of millions of dollars by making music, investing in real estate, Taylor Swift buys a private plane, enjoys life and often helps people in need.

According to Forbes, “Country Music Princess” owns an estimated net worth of 740 million USD. The number will increase after the star finishes her Eras Tour in 2024.

Taylor Swift’s net worth has grown exponentially over the past few years. Forbes reports that her main source of income is sales of records, tours, sales of souvenirs, cooperation with many diverse brands including Capital One, AT&T, Stella McCartney, Elizabeth Arden, American Express, Keds, Diet Coke, Walmart and Apple.

According to the Guardian, the singer won $ 230 million in sales after releasing the 10th studio album Midnights in 2022. After two weeks of release, the product achieved many records: Occupying all positions in the Top 10 Billboard Hot 100, most played on Spotify worldwide in the first day (185 million) and third in the first week of release (549 million), the largest single-week vinyl sales in Nielsen history. The album has sold over 1.6 million copies in the US and over 3 million copies internationally.

Forbes says Taylor made $52 million in 2021 after re-recording and releasing Red and Fearless (Taylor’s version). In addition, some of her income that year came from contracts with Starbucks and the American media and fitness equipment company Peloton.

Touring is the star’s biggest earning activity. According to the Los Angeles Times, her 1989 world tour earned her more than $250 million in 2015. In 2018, Taylor earned $315 million thanks to the Reputation Stadium Tour with more than 2.6 million tickets sold. Now Eras Tour can make her a billionaire when it is expected to reach $ 1.4 billion in 2024, becoming the first tour by an artist with revenue exceeding the billion-dollar mark.

The tours not only bring in money by selling tickets, but also by selling accompanying souvenirs. Forbes estimates that when each item such as a bag, shirt, and keychain costs an average of $80, the total revenue from these items can be up to $87 million.

In addition to music, Taylor Swift makes financial investments. In 2022, she withdrew from Sam Bankman-Fried’s $100 million funding deal with FTX after suspecting the company was selling “unregistered securities.” The exchange is currently bankrupt. Many other celebrities like Tom Brady and Stephen Curry have all been sued for supporting the company.

Taylor Swift also knows how to spend money. The beauty’s real estate portfolio is currently worth $80 million, with eight homes in four states. In Nashville, she owns a 301-square-foot apartment estimated at $3 million, a 520-square-foot Greek-style property valued at $2.5 million. In Beverly Hill (Los Angeles), Taylor has a 1,020 m2 mansion, nearly 32 million USD.

According to the New York Post, she has a property of 1,114 square meters with sea views in Watch Hill, Rhode Island, worth $17.75 million. This place once inspired the singer to write the song The Last Great American Dynasty. In addition, she has four homes in New York and Tribeca with an estimated net worth of $40 million.

To facilitate travel between places, the singer spent money to buy two Dᴀssault private jets. According to SCMP, Taylor has not disclosed the purchase cost, but Elon Musk owns a similar plane that costs about $ 26 million. Living single, the beauty often invites friends to dinner at lavish and romantic places in New York such as The Fat Radish, The Spotted Pig, Sarabeth’s and L’Asso.

Taylor is famous for being generous, often supporting charities and difficult circumstances. According to People, on his 24th birthday, the star donated $ 100,000 to the symphony orchestra in Nashville.

She donated $1 million to flood victims in Louisiana and $500,000 to flood relief in Nashville. She raised $750,000 through a benefit concert Speak Now Help Now for victims of natural disasters in the American South in 2011. The singer also donated $4 million to the Music Hall of Fame. Country to fund Taylor Swift Education Center, donate $50,000 to public schools in New York.

According to Rolling Stone, in 2016, Taylor gave Kesha $250,000 to help the singer pay legal fees in a lawsuit against music producer Dr. Luke Sєxually abused. Kesha told Rolling Stone: “Taylor Swift is sweet, sincere and incredibly generous. My mom doesn’t always answer the phone when I call, but Taylor always does.”

According to USA Today, in 2020, Taylor donated $ 50,000 to a mother of five children who lost her husband to Covid-19 a few days before Christmas. Recently, she donated to food banks around the US. According to TMZ, before the concert on July 29 in Santa Clara, California, the singer spent $ 5 million, rewarding 50 truck drivers with equipment and props for her tour around the US. In addition to the driver, she rewards band members, dancers, sound and lighting technicians, caterers, and others.

Taylor Swift, 33 years old, is an American singer-songwriter, who rose to prominence through country music in 2006. After 10 albums, she received 12 Grammy Awards and 29 Billboard Awards. Thanks to her musical talent and smart investment, she became one of the richest female singers in the world