Taylor Swift has officially reached billionaire status according to Forbes
Erm, wow.
It's undeniable that Taylor Swift has been working hard over the last twelve months. Not only has she orchestrated one of the biggest world tours in history, the Eras Tour became the first ever to surpass the $1 billion mark - making it the highest-grossing tour of all time, too. Casual.
As Taylor performed across the US in 2023, there were reports that her shows were having a substantial fiscal impact on local economies and many believed she would reach billionaire status before the end of the tour. Bloomberg said that she is 'essentially a multinational conglomerate with the world's most devoted customer base', and following the latest Forbes rich list those nine-figure predictions seem to be bang on the money.
The Forbes World's Billionaires List 2024 was released today, and Taylor has made the cut for the very first time. With the incredible success of the Eras Tour tipping her into billionaire territory, the singer is reportedly worth an estimated $1.1bn (£877m). Eyes watering? Same.
As per the report, Taylor's accumulated wealth has largely come from her music - something which sets her apart from other Rich List individuals who usually amass their cash through a mix of sponsorships and endorsement deals, advertising and product marketing. But for Taylor, performing and songwriting - including the re-recorded 'Taylor's Versions' albums - have been behind her increasingly bloated bank balance.
Of course, Taylor's pulling (and spending) power is deniable. Last year, concert goers spent an average of $1,279 when attending her shows (as per Time), and when her relationship with NFL athlete Travis Kelce went public it reportedly caused a huge spike in merchandise sales for his team, the Kansas City Chiefs.
According to the Forbes report, there are 141 more billionaires this year compared to 2023, and cumulatively they're worth a staggering $14.2 trillion (£11.3tn) with the likes of Elon Musk, Jeff Bezos and Bill Gates remaining in the top 10.
Marie Claire Newsletter
Celebrity news, beauty, fashion advice, and fascinating features, delivered straight to your inbox!
Jadie Troy-Pryde is News Editor, covering celebrity and entertainment, royal, lifestyle and viral news. Before joining the team in 2018 as the Lifestyle and Social Media Editor, she worked at a number of women’s fashion and lifestyle titles including Grazia, Women’s Health and Stylist, and now heads the Marie Claire UK news desk.
-
Donald Trump Is back in power—Why didn’t more people join the Women's March this year?
“I am feeling the fatigue and weight of the challenge ahead of us, when it feels like we have already been fighting for so long.”
By Mischa Anouk Smith
-
A popular theory around the upcoming Traitors twist is going viral
By Jenny Proudfoot
-
Princess Kate is reportedly “the glue” between two key royal family members
By Jenny Proudfoot
-
Taylor Swift may be adding a surprise extra date to The Eras Tour
By Jadie Troy-Pryde
-
Why fans are convinced a Taylor and Travis engagement is coming
Please let it be true
By Iris Goldsztajn
-
Joe Alwyn had a blunt response when asked about the Taylor Swift breakup
By Jadie Troy-Pryde
-
Taylor and Travis' sweet Christmas plans are going viral
Under the mistletoe, watching the fire glow...
By Iris Goldsztajn
-
Taylor Swift fans are convinced Matty Healy just confirmed this song is about him
By Jadie Troy-Pryde
-
There's an interesting reason behind Taylor Swift's final stops on the Eras Tour
By Jadie Troy-Pryde
-
A Taylor Swift and Travis Kelce-themed Christmas film is coming - and soon
By Jadie Troy-Pryde
-
The reason why Taylor Swift hasn't been at Travis Kelce's Chiefs games
By Jadie Troy-Pryde