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American pop singer-songwriter, musician, and actress, Taylor Alison Swift has an estimated net worth of $1.1 billion. She is also the current highest-grossing musician on an annual basis.
Swift debuted her first album in 2006 at the age of 16. By 2009, Forbes ranked Swift the 69th-most powerful celebrity with earnings of $18 million, 2010's 12th-most powerful celebrity with earnings of $45 million, and 2011's 7th-most powerful celebrity with earnings of $45 million.
Taylor Swift's net worth is largely attributed to her massive sold-out concerts and her huge catalog of album sales which has topped 51 million physical albums sold worldwide. In an era where digital sales have reigned supreme, Swift has still managed to land at number 25 on RIAA's list of the best-selling musicians of all time by physical album sales.
The RIAA notes that Taylor Swift is also now the fifth best-selling digital album artist of all time as of October 16, 2023, behind online Drake, Rihanna, Eminem, and Kanye West.
Taylor Swift Net Worth In 2023
2023 is proving to be a massive year for Taylor Swift's bank account. According to a Bloomberg report, her Eras tour has contributed an additional $370 million to her net worth, propelling her to billionaire status and cementing her place in history as one of only a handful of musicians to do so.
The tour is expected to rake in around $80 million from tour merchandise alone according to Forbes. Swift is believed to be receiving approximately 85% of tour revenues, a gross sum that almost no other singer on the planet could command
The tour is also increasingly lucrative thanks to the release of the Eras Tour movie. CNN notes that the concert debuted in theaters with the biggest concert movie opening of all time, raking in between $94 million and $97 million. Swift is believed to be taking home 50% of the film's revenue which already places her take at $50 million. The movie could easily double its debut numbers over time, helping push Taylor Swift's net worth deeper into the nine-figure club and
Taylor Swift's net worth in 2023 has also inched upward even further thanks to a slew of album drops including Speak Now (Taylor's Version) which was released on July 7 and the upcoming release of 1989 (Taylor's Version) which will be available on October 27, 2023.
Taylor Swift Net Worth In 2022
While 2023 has been an amazing year for Taylor Swift, it's not as though her previous efforts have been anything short of stellar. In 2023 Swift earned an estimated $92 million according to MSNBC. 2022 was a special time for Swift who became the only female entertainer in the world to break into Forbes list of the 10 top-earning entertainers in the world. Swift ranked among such names as Tyler Perry, Brad Pitt, and The Rolling Stones.
2022 was also special for Swift because her album Midnights became the first album in history to hold all top 10 spots on the Billboard Hot 100. Still, much of her profits came from her past albums which still make up around 70% of Swift's catalog revenues.
Taylor Swift's Net Worth In 2021
In 2021 Taylor Swift earned a smaller but still impressive $52 million. With touring put on hold because of the pandemic, Swift earned the majority of her money after re-recording her album Red and adding Fearless (Taylor's Version) to her new catalog.
Back Catalog Earnings: $64.4 Million
Taylor Swift is a prolific singer-songwriter and her albums continue to earn a massive amount of money through physical album sales and streaming. 70% of Swift’s $92 million in 2022 sales came from her back catalog, that's an estimated $64.4 million.
What is equally impressive is that Swift re-recorded many of the songs that are not receiving airplay following the sale of her original music catalog by rival Scooter Braun. As Swift continues to tour, release new music, and re-record old classics, there's a good chance that figure will increase in the years ahead.
New Album Sales: $27 million
It's nearly impossible to escape Taylor Swift's orbit when a new album debuts. As we previously mentioned, her Midnights album took over the entire Top 10 of the Billboard Hot 100 chart and her other re-recording albums have also skyrocketed her sales numbers.
“Red (Taylor’s Version),” her 2021 re-recorded album managed to rack up 1.7 million copies sold while "Speak Now" added 1.5 million copies. At approximately $18 per album that's $27 million in sales. If 1989 sells along the same line when it debuts on October 27, 2023, her total new album sales could reach $54 million for 2023.
Taylor Swift Net Worth By Year
Taylor Swift has been on a meteoric rise since her debut album and Forbes has tracked her net worth on an annual basis. Here's how much Taylor Swift's fortune has increased since 2016. We chose this period because her then 10-year career had allowed Swift to reach a net worth of $250 million, placing her squarely among the top musicians in the world in terms of net worth.
|
Year |
Net Worth |
|
2023 |
$1.1 Billion |
|
2022 |
$570 Million |
|
2021 |
$550 Million |
|
2020 |
$365 Million |
|
2019 |
$360 Million |
|
2018 |
$320 Million |
|
2017 |
$280 Million |
|
2016 |
$250 Million |
2008 To 2014 Tour Sales
Taylor Swift was still getting her bearings in 2008 when she stepped out on her Fearless tour. With her album of music still maturing, she still managed to bring in $66.5 million. By Swift's 1989 World Tour in 2014, her box office take for a single tour jumped to an impressive $259.7 million. It unbelievable to think she was just getting started in 2014.
Here's how Taylor Swift's first four tours went in terms of sales.
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2014 |
Box Office Sales |
Estimated earnings from her The 1989 World Tour |
$259,700,000 |
|
2012 |
Box Office Sales |
Estimated earnings from her The Red Tour |
$150,200,000 |
|
2010 |
Box Office Sales |
Estimated earnings from her Speak Now World Tour |
$123,700,000 |
|
2008 |
Box Office Sales |
Estimated earnings from her Fearless Tour |
$66,500,000 |
Taylor Swift's First Decade Of Album Sales
10 years can be an entire career for many musicians but for Taylor Swift, it was more of a heating-up period.
A conservative estimate of her album earnings puts the singer's first decade of earnings somewhere in the vicinity of $45 million
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2016 |
Record Sales |
Estimated earnings from her album Red (certified 4x platinum by RIAA, ARIA and Music Canada, 2x platinum by BPI and RMNZ, platinum by IRMA and RIAJ, and gold by BVMI and IFPI-SWI) |
$6,000,000 |
|
2013 |
Record Sales |
Estimated earnings from her album 1989 (certified diamond by ARIA, 6x platinum by RIAA and Music Canada, 3x platinum by BPI and RMNZ, platinum by RIAJ, and gold by BVMI) |
$9,500,000 |
|
2009 |
Record Sales |
Estimated earnings from her album Speak Now (certified 4x platinum by RIAA, 3x platinum by Music Canada, 2x platinum by ARIA, platinum by RMNZ, and gold by BPI, IRMA and RIAJ) |
$5,000,000 |
|
2008 |
Record Sales |
Estimated album sales of Fearless |
$8,600,000 |
|
2007 |
Record Sales |
Estimated earnings from her album Fearless (certified 7x platinum by RIAA and ARIA, 4x platinum by Music Canada, 3x platinum by RMNZ, 2x platinum by IRMA, platinum by BPI, and gold by RIA |
$8,700,000 |
|
2006 |
Record Sales |
Estimated earnings from her album Sounds of the Season: The Taylor Swift Holiday Collection (certified gold by RIAA) |
$1,040,000 |
|
2005 |
Record Sales |
Estimated earnings from her album Taylor Swift (certified 5x platinum by RIAA, 2x platinum by Music Canada, platinum by ARIA, and gold by BPI) |
$6,000,000 |
