Singer Taylor Swift is now a billionaire, according to a new estimate from Bloomberg Media, down on her luck.
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According to US media, his “net worth” is estimated at 1.1 billion US dollars.
The international star can earn US$400 million ($554 million Canadian) from album sales alone and US$370 million ($513 million Canadian) from her tours.
The amounts include US$410 million ($568 million Canadian) in revenue from Spotify and YouTube, the value of its real estate assets and copyrights for its music.
“With intergenerational talent, Taylor Swift is a great economist,” Caroline Sloan, a labor economist at the University of Chicago, told Bloomberg. She has very good ideas and can see them big. She also likes risks.
The singer’s fortunes are said to have skyrocketed since the start of her tour Eras Tour.
This would have grossed a total of US$700 million in ticket sales alone, and directly generated US$225 million in profits for Taylor Swift in ticket sales and derivative products.
This amount is more than double his tour fame, This would have fetched him US$110 million.
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