Net Worth: $800 Million
Taylor Swift’s net worth has increased by more than $140 million in 2023, and she’s now estimated to be worth $800 billion. With the Eras tour still underway, Swift will continue to make $13.6 million per night from her concerts, and her climb toward becoming a self-made millionaire at this point seems inevitable.
Here’s how Taylor Swift’s net worth has reached into the stratosphere in recent years.
Taylor Swift’s Back Catalog Equals Huge Earnings
Taylor Swift is one of the best-selling artists of all time, and her previous work continues to earn millions of dollars per year. According to Yahoo, in 2022, Taylor Swift’s album sales earned the singer-songwriter $92 million.
70% of that earned cash came from Taylor Swift’s back catalog, earning the singer $64.4 million.
As Swift continues to release “Taylor’s version” of her previous songs, we expect that back catalog to earn the singer even more money.
New Album Sales Are Worth Millions
imagepressagency / Depositphotos.comIt’s no secret that Taylor Swift is one of the most prolific songwriters of all time. With new albums dropping at an incredibly fast rate, Swift continues to earn big from her continuous string of hits.
On October 21, 2022, Swift released her album Midnights, which achieved a record-breaking success. The album was so popular that it swept the Top 10 of the Billboard Hot 100, taking every single spot.
“Red (Taylor’s Version),” her 2021 re-recorded album, was also a massive hit in 2022, providing Swift with another 1.7 million albums sold. She also re-released “Speak Now,” which added 1.5 million copies.
New album sales alone in 2022 topped $27 million, adding a nice bump to Taylor Swift’s net worth.
Taylor Swift has already earned $140 million in 2023 from her tour and the Eras Tour movie, and with the re-release of 1989 dropping on October 27, 2023, we could see Swift add another $10 million to $20 million to her fortune based on previous re-release sales and an average retail price of $18.
Taylor Swift’s Net Worth By Year
With sold-out tours, over 100 million albums sold, and one of the highest-grossing movies of the year, it’s no surprise that Taylor Swift’s net worth is skyrocketing. Here’s what her net worth has looked like since 2016, when she first hit the quarter of a billion dollars milestone.
| Year | Net Worth |
|---|---|
| 2023 | $800 Million |
| 2022 | $570 Million |
| 2021 | $550 Million |
| 2020 | $365 Million |
| 2019 | $360 Million |
| 2018 | $320 Million |
| 2017 | $280 Million |
| 2016 | $250 Million |
The $100+ Million Concert Movie!
The Swift’s Eras Tour film surpassed $126 million in global box office returns in only its second week in theaters. What’s most incredible about the film’s success is that Swift didn’t find a distributor. Instead, her team directly approached AMC and asked for 55% of the box office take. That means in just two weeks, Swift has earned just over $69 million domestically.
The film has also earned overseas, bringing its global total to $164.8 million in just two weeks. We don’t know at this time what type of deal Swift agreed to internationally, but she likely is receiving a huge cut in other markets just as she has done in the United States.
According to CNBC, if Taylor Swift’s film passes $262.5 million before it leaves theaters in November, it will surpass Michael Jackson’s This Is It to be the highest-grossing concert film of all time.
Taylor Swift’s Massive Album Sales
askoldsb / Depositphotos.comSwift’s albums have racked up 114 million album units worldwide. Based on purse sales, that’s 37.3 million units in the United States and 3.34 million in the United Kingdom. The Recording Industry Association of America (RIAA) also notes that there have been 51 million certified units sold in the United States.
According to TheRichest, in just her first decade, Swift took in at least $45 million from album sales.
The Recording Industry Association of America says Swift has earned $137.5 million in digital singles and more than $51 million from album sales.
In 2018, Forbes announced that Taylor Swift‘s new record deal with Universal Music Group’s Republic Records could be worth somewhere between $100 million and $200 million.
Fun fact, at one point in 2022, one in four album sales across the entire music industry were from a Taylor Swift album.
Taylor Swift’s Brand Endorsements
ChinaImages / Depositphotos.comWith at least $150 million earned per year, not all of Taylor Swift’s net worth is tied to album sales and touring; she is also the face of various campaigns. Among Swift’s growing list of partners are CoverGirl, Keds, Diet Coke, and Capital One.
Swift has also collaborated with Target, AT&T, Walmart, Apple Music, and Xfinity in the past.
Given her massive stature, we expect that Swift has made tens of millions from her brand endorsements.
Just to put Swift’s endorsement earnings into perspective, TheThings estimates that she could earn between $418,970 – $698,283 per sponsored Instagram post based on her 275+ million Instagram followers.
We expect Taylor Swift’s net worth to top $1 billion in the next 18 to 24 months.
