Not only does Taylor Swift set many records in the music industry, she is also good at making money from tours, music copyrights, and real estate sales.

According to Economic Times, Taylor Swift successfully realized her dream of becoming America’s youngest self-made female billionaire. She became a new model for singers in Hollywood: she sings well, makes good money and knows how to do business.

The film is about the music show Eras Tours which currently has a revenue of more than 232 million USD. The tour also became the highest-grossing tour of all time.

In mid-October, Taylor Swift officially became a billionaire thanks to a net worth of 1.1 billion USD at the age of 34. She is one of the few women to reach the title of USD billionaire solely thanks to music.

On November 11, while The Eras Tour made waves in theaters and the music scene, the name Taylor Swift once again caused an international media storm when she set a record at the Grammys.

With the Song of the Year nomination for Anti-Hero, Taylor Swift officially set a record of being nominated 7 times in the category, surpassing two legendary vocalists Paul McCartney and Lionel Richie. She also bagged five other nominations at the 2023 Grammys including Album of the Year, Record of the Year, Outstanding Pop Album, Outstanding Pop Duet and Outstanding Pop Solo Song.

In the artist world, no one can do it like Taylor Swift.

Taylor Swift has been good at making money since she was 16 years old.

Taylor Swift’s music empire

According to Forbes estimates, the 12-time Grammy winner earned more than $780 million during his Eras Tour in the US. According to Billboard, total ticket sales in 2023 could make her the highest-grossing female artist of all time.

The Wall Street Journal estimates that the Eras Tour could gross more than $1 billion, making concert history for artists.

The pop superstar sold 2 million tickets for his Eras Tour after going on sale on November 15, 2022, the most tickets sold by an artist in a single day, according to Ticketmaster.

Every time tickets go on sale, Taylor Swift sets records. The Reputation tour was the highest-selling concert in American history at that time. Other records in music of the singer born in 1989 are the first artist in history to win the top 10 positions on the Billboard Hot 100 list, ranked third on Forbes’ list of America’s best songs, on the list of the richest self-made women under 40 years old in America in 2022…

Taylor Swift earned millions from her successful music career, which began at the age of 16. Since then, the female singer’s 10 studio albums, from physical to digital, have sold millions of copies.

Taylor Swift built her own empire in music.

In 2020, the singer’s albums Evermore and Folklore earned about $23.8 million. Billboard estimates that the singer collects 46% of royalties from album sales and streaming, as she owns all copyrights to the albums.

According to Forbes, she owns music copyrights up to 200 million USD.

In 2022, Taylor Swift earned an additional 92 million USD in 2022, ranking 9th on Forbes’ list of the 10 highest-earning artists in the world. Of which, most of the money she earned was from her previously recorded album. In 2021, she recorded and re-released her old album Red and Fearless (Taylor’s Version), as ownership of the original was previously sold.

The pop star’s latest album Midnights sold 6 million copies in the first two months of release. According to Universal Music Group, Swift is the only artist to ever have five albums sell more than 1 million copies in the first week of release.

Besides the studio album, the world tour brings huge income to Taylor Swift.

Reputation (2018) had ticket sales of $266.1 million, setting the record for the highest-grossing tour in the US since 1990. In 2015, Swift’s world tour grossed $250 million sold tickets globally, making her the top highest-grossing artist that year.

This year, Swift embarked on a 53-day Eras Tour around the United States in March, earning between $10-13 million each night. In the US alone, she earned about 780 million USD in ticket sales.

Breaking music industry records, the American superstar created an empire called Swiftonomics or Taylornomics. “Swift is a talented performer and smart entrepreneur, ranging from music to filmmaking to real estate investing,” said Alicia Modestino, associate professor of public policy, urban affairs and economics. at Northeastern University, commented.

Real estate tycoon, devoted to charity

According to The Wall Street Journal, in addition to her successful music career, Swift is also a real estate tycoon, investing more than 150 million USD to buy real estate, including large beachfront villas and real estate in Tribeca. .

Among them, Swift owns several apartments in luxury apartment buildings in Nashville, Tennessee. At age 19, she first bought the penthouse at the Adelicia building for $1.99 million through a trust, then bought the apartment below for $387,000. According to estimates by the Wall Street Journal, the female singer’s shares in Adelicia alone are worth between 4-6 million USD.

Swift also owns a 7-bedroom, 9-bath beachfront property in Watch Hill, Rhode Island worth approximately $17.75 million. Currently, coastal villas have increased prices to 30 million USD.

The pop star also penetrated the Manhattan, New York real estate market, owning a townhouse and townhouse in Tribeca, with a market value of up to 45 million USD. Previously, she bought two houses for nearly 20 million USD and combined them into a single house.

In 2015, the pop superstar bought the Goldwyn mansion in Beverly Hills, California for $25 million. The estate was built by Samuel Goldwyn, a famous Hollywood producer. Swift renovated the mansion built in the 1930s, the current real estate price is up to 30 million USD.

With huge assets, Taylor Swift is quite generous in charity work.

Taylor Swift owns many expensive real estate throughout the United States.

According to People, on her 24th birthday, the female singer donated $100,000 to the Nashville Symphony Orchestra.

She also regularly helps victims of natural disasters. The singer You Belong with Me once used $1 million to support flood victims in Louisiana and $500,000 for flood relief in Nashville. She also donated $750,000 through a concert for victims of tornadoes in the Southern United States in 2011, according to People.

Taylor Swift’s most generous charity effort was spending $4 million on the Country Music Hall of Fame to sponsor the Taylor Swift Education Center, helping children in difficult circumstances. Most recently, during her The Era Tours tour, she donated a sum of money to a network of food banks in Arizona, Las Vegas, Nevada and Detroit, Michigan… coinciding with the venues she visited.

Having gone through a lot of litigation and almost not being able to sing the songs that made her famous, Taylor Swift gave Kesha $250,000 to help the singer pay legal fees in the lawsuit against the music producer.

“Taylor Swift is a lovely girl, very sweet, honest and generous. She always picks up the phone every time I call, even more enthusiastic than my mother,” Kesha said about the singer.