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Taylor Swift is a popular singer and songwriter who has released hit songs such as “Love Story,” “You Belong With Me,” “Bad Blood,” “Red” and many more. Swift is the best-selling digital artist in history, which has helped her become one of the very first artists to become a billionaire with a net worth of $1.6 billion.
She has won 14 Grammy Awards and is the only artist to ever win the Grammy for Album of the Year four times. As her much-anticipated Eras Tour continues despite her taking a break to watch boyfriend Travis Kelce and the Kansas City Chiefs remain undefeated at 8-0, let’s take a closer look at Taylor Swift’s net worth in 2024.
What is Taylor Swift's net worth in 2024?: $1.6 billion
Taylor Swift's net worth in 2024 is up to $1.6 billion, according to Forbes. In fact, Swift surpassed Rihanna as the richest female artist.
Taylor Swift was born in West Reading, Pa. At the early age of nine, Swift already had an interest in musical theater, performing in productions by Berks Youth Theatre Academy. During her teens, Swift spent her time performing in local events and festivals. Around this time, Swift also started to play the guitar and wrote her first song, called “Lucky You.”
Determined to pursue a career in music, Swift and her family moved to Nashville. Although she submitted demos of Dolly Parton and The Chicks covers, it wasn’t enough to earn her a record deal at that time.
Taylor Swift's albums with Big Machine Records
However, after working with music manager Dan Dymtrow in 2003, Swift’s career in music finally took off. One of Swift’s songs was a part of the compilation CD for cosmetics giant Maybelline. After showcasing her talents for RCA Records, Swift earned herself an artist development contract.
In 2005, Swift signed a 13-year recording contract with Big Machine Records. She then went on to release her debut single, “Tim McGraw,” before making her self-titled debut album.
Swift’s self-titled album went on to make waves in the music industry, selling 7.27 million copies worldwide. The album has also been certified Platinum at least four times by the RIAA.
After a successful album debut, Swift followed it up with another hit album, “Fearless.” The sophomore effort includes some of Swift’s most notable songs, including “Love Story” and “You Belong With Me.”
“Fearless” went on to top several music charts and become certified Platinum in various countries. In fact, “Fearless” eventually became certified Diamond in the U.S. The album has sold more than 11.9 million copies worldwide, making it Swift’s second-best selling album in her career.
Taylor Swift's most successful album
After hit singles and albums, Swift continued to cement herself as arguably the best female solo country-pop singer of this generation. She released hit albums such as “Speak Now” and “Red.” However, her most successful album, “1989,” came in 2014.
“1989” includes top singles such as “Blank Space,” “Bad Blood,” “Shake It Off” and many more. The album would go on to sell over 14.3 million copies. In 2020, Swift became the first solo female artist with a Diamond single and album, for “Shake It Off” and Fearless.
In 2017, Swift released her sixth album, “Reputation,” which would be her last with Big Machine Records. After the publishing rights to six albums of Swift were acquired by Scooter Braun’s Ithaca Holdings for $300 million, it was the last straw for the decorated superstar.
Given that Swift was the main songwriter of her songs, she eventually regained the publishing rights of all six albums after a fixed period. Furthermore, she also jumped to Republic Records.
Taylor Swift signs with Republic Records
With Republic Records, Swift continued to shine as a musician despite the ongoing public rift between her and Big Machine Records. She released albums including “Lover,” “Folklore” and “Evermore.”
“Lover” sold 867,000 equivalent album units in a week, becoming Swift’s sixth-consecutive album to sell at least 500,000 copies in a week. Swift is the first female artist to achieve this feat.
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After the dispute was resolved, as promised, Swift re-recorded some of her previous hit tracks with the addition of “Taylor’s Version” in 2021. Swift’s re-releases were well-received by fans and critics alike. In fact, her re-released albums “Red (Taylor’s Version)” and “Fearless (Taylor’s Version)” would be ranked second and fourth respectively for total album revenues in 2021.
In 2022, Swift released her 10th studio album, “Midnights.” “Midnights” would go on to become the fastest-selling album in the US, with 1.578 million equivalent album units sold and won the 2024 Grammy for Album of the Year.
With the success of “Midnights,” Swift collected her 11th No. 1 album on the Billboard 200 chart, tying Barbra Streisand for most No. 1 albums for a female artist.
Taylor Swift's tour earnings
Swift’s net worth comes mostly from her career as a musician in terms of album revenues, world tours and merchandise. In fact, Swift has made over $150 million on multiple tours, such as her successful 1989 world tour and Reputation stadium tour.
Next came The Eras Tour in 2023-24, which was her sixth headlining concert tour and celebrated all of her albums. There has been some controversy surrounding this tour because of crazy ticket prices and the Ticketmaster fiasco, but it's quite the hit nonetheless and will add to Taylor Swift's net worth in 2024. Or it should add to it as long as Swift doesn't ingest too many bugs.
In August 2024, three Eras Tour concerts in Vienna were canceled due to a plot by ISIS to attack the venue. US intelligence people and Austrian police worked together to stop the attacks.
Swift earned $170 million from 2015 to 2016. Her earnings jumped to $185 million from 2018 to 2019. In 2021, Swift was ranked in the top 10 of the highest-paid musicians, earning $80 million, according to Rolling Stone. She was the only female artist to make the list.
Taylor Swift's awards and endorsements
reputation. #GRAMMYs
📸: @GettyVIP pic.twitter.com/STf1pXjvle
— The Eras Tour (@TSTheErasTour) February 5, 2024
Apart from a massive net worth, Swift has garnered countless awards, cementing her legacy as among the most iconic female musicians of all time. She has won 14 Grammy Awards, including four for Album of the Year. Swift also won Artist of the Year at the 2024 iHeartRadio Music Awards.
Among her long list of awards, Swift has noticeably dominated the American Music Awards. Throughout her career, Swift has already tallied 40 victories in the AMAs, making her the record-holder for the most AMA wins. This included six wins in the 2022 AMAs.
Given Swift’s popularity as a musician, she has also earned various endorsements. In the past, she has worked with brands such as Keds, Verizon Wireless, CoverGirl, Coca-Cola, Target, Sony Electronics and AT&T.
While Swift has emerged as one of the most significant artists in music, she has also made her way onto the big screens. Swift has appeared in films such as “Valentine’s Day,” “Hannah Montana: The Movie,” “The Giver,” “Cats” and “Amsterdam.” She has also lent her voice to the 2012 animated film “The Lorax.”
Were you at all surprised by Taylor Swift’s net worth in 2024?
