Taylor Swift is now a billionaire with net worth of over 1.1 billion dollars; here's everything you need to know

Singer and songwriter Taylor Swift is one of the most successful and popular names across the globe. She’s also one of the most followed names on social media. Her stardom is not only limited to singing but also stage shows and enthralling one and all with her electric performances and fiercely inimitable demeanor. Owing to her ability to capture the globe collectively, she has now become a billionaire. A recent report by Bloomberg UK says her current net worth is over 1 billion dollars. Bloomberg Economics additionally reported the singer’s 53 US concerts this year added $4.3 billion to the country’s gross domestic product. Statement by Labor Economist of University of Chicago In a statement, Carolyn Sloane said, “In addition to being a generational talent, Taylor Swift is a great economist. Taylor has great ideas, is able to scale her ideas and seems to be pretty risk-seeking.” Breakdown of her earnings and net worth Bloomberg UK also gave a breakdown of her earnings and this is how it looks: 400 million dollars from the music released since 2019. 370 million dollars from ticket sales and merchandises 120 million dollars from YouTube and Spotify earnings 110 million dollars being the value of five properties 80 million dollars from royalty from music sales After a record-breaking opening weekend of $92.8 million, “ _Taylor Swift: The Eras Tour_ ” took in an estimated $31 million over the weekend from 3,855 locations, according to AMC Theaters. In an unconventional deal, the theater chain is distributing Swift’s concert film, and playing it only Thursdays through Sundays. Most Swifties rushed to see the film on opening weekend, when a large percent of sales were driven by advance ticketing. Sales dropped a steep 67% in its second weekend, potentially signifying that “ _The Eras Tour_ ” was predominantly an opening-weekend phenomenon. But “ _The Eras Tour_ ” has proved to be a movie event unlike any other. Within days, it became the highest grossing concert film ever in North America, not accounting for inflation. It’s quickly accumulated $129.8 million domestically. Read all the  Latest News ,  Trending News ,  Cricket News ,  Bollywood News , India News  and  Entertainment News  here. Follow us on  Facebook,  Twitter and  Instagram.