How much is Taylor Swift worth? Net worth explored as singer surpasses Beyonce in wealth

Taylor Swift may become the higher-grosser compared to Beyonce (Image via Britannica and IMDb)

American singer-songwriter Taylor Swift is expected to become a billionaire with the earnings from the Eras Tour. Singer Beyonce, lovingly called Queen Bey, also concluded her musical tour recently with remarkable sales.

While Beyonce started her Renaissance World Tour in May 2023 and ended it on October 1, 2023, Taylor’s Eras Tour started in March 2023 and will conclude in November 2024. With musical shows and tours booming in the post-pandemic entertainment industry, fans have been waiting to see who among Taylor and Beyonce crosses the billion-dollar mark.

Beyonce’s recent earnings came from her Renaissance World Tour, and Taylor’s Eras Tour is likely to make history as the highest revenue-garnering musical tour. The documentaries of the tours are released in the theatres during or after the tours.

The tour, the concert film, related merchandise, and previous earnings are putting Taylor Swift in the billionaire bracket soon. While other singers including Beyonce, go on musical tours, Taylor’s Eras Tour is her most expensive and highest-grossing as yet.

Taylor Swift’s net worth has put her on Forbes’ list

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At the age of 33, the projected net worth of Taylor Swift is $740 million. This projection does not include the ongoing musical tour which will conclude in 2024 helping her amass a huge bounty.

The 2023 Forbes list of richest self-made American women put Taylor at rank 34. She also created a record of being the first singer to achieve the top 10 spots on the list of Billboard Hot 100 songs.

A talented artist since young, Taylor Swift started as a songwriter at 14 and soon followed it up by singing country songs. Starting in 2005, the Love Story singer has had many chart-toppers in her list of hits. While her entrepreneurial ventures also contribute to her wealth, music is her chief source of income.

Swift has been garnering appreciation from all quarters (Image via IMDb)

The Anti-Hero singer made a Guinness World Record in 2016 by being the highest-paid female musician with $170 million which she herself toppled in 2019 with $185 million. Her real estate portfolio is worth $150 million as of 2023.

It is simple to estimate her billionaire status given these additional factors and the upcoming musical tour. It is estimated that the Eras tour will generate about $591 million in tickets which does not include the merchandise sold during this time. Her concert documentary, which is scheduled to be released on October 13, received global advance sales of $100 million as of October 5.

How much is Beyonce worth?

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Singer-performer Beyonce attended Taylor Swift’s musical tour concert film premiere at The Grove, Hollywood on Wednesday, October 11, 2023. The artists posed together and sat for photo ops showing support and appreciation for each other’s work. Beyonce will release her concert film, titled Renaissance: A Film by Beyonce, later this year.

Beyonce Giselle Knowles-Carter started her musical career in 1990 at the early age of nine. With a long time in the music industry, the 41-year-old artist holds a net worth of $540 million as per Forbes’ 2023 list.

This is a big jump from her 2022 net worth estimate of $450 million due to her latest release receiving the 32nd Grammy Award. As such, she is the only artist with 32 Grammy Awards.

If her recent Renaissance Tour, along with the concert film, garners approximately $2 billion, as estimated, she will cross over into the billion-dollar club. However, Taylor Swift can still end up with more revenue to her credit after her tour is over next year.

Taylor Swift may create history with the Eras Tour

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CNN has reported that the Eras Tour may have a total collection of more than $2 billion in North America. She may become the highest-grossing artist in a concert. As of now, this fame belongs to Elton John who grossed $939.1 million through his Farewell Yellow Brick Road Tour.

The one-and-a-half-year-long concert will help Taylor earn around $11 million in each concert without adding the earnings from the sale of merchandise. Each show lasts about three hours and fifteen minutes and presents 44 pre-arranged songs from ten different albums of the artist.

While the Eras Tour is going on in different stadiums as per schedule, Taylor Swift: The Eras Tour documentary film is scheduled to hit theatre screens worldwide on October 13, 2023.