American Musician, Taylor Swift, has joined the club of world billionaires, according to Huruns world richest people’s list.
The report revealed that At 34, Taylor Swift joins the billionaire club with US$1.2 billion, not from typical celebrity side hustles, but uniquely through her music.
“Over half her fortune stems from royalties and touring, including US$190 million from the Eras tour’s first leg and US$35 million from its concert film.
“The rest is buoyed by her music catalogues value, notably after her first six albums were sold to Shamrock Capital for US$300 million in 2020.
Breaking down her wealth using the eras tour alone, reports by News Corp said the singer is making a whopping US$27 million per three-hour show, which equates to US$150,000 per minute or US$2,500 per second.
The report further shows how much Swift pockets herself, and it was estimated she would earn about $5 million for each of her seven three-hour concerts in Australia – or $35 million in total.
The Guardian reported her record-breaking Eras where she grossed over $US1 billion in revenue, making it the highest-grossing tour of all time.
The Hurun Global Rich List 2024, Wealth calculations are a snapshot of 15 January 2024. This is the 13th year of the ranking.
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