Taylor Swift is now a billionaire, Bloomberg says - News Summed Up

Taylor Swift is now a billionaire, Bloomberg says


By Ramishah Maruf | CNNNew York — Taylor Swift has another accolade to add to her lengthy resume this year: America’s favorite pop star is now a billionaire, according to a Bloomberg analysis. The outlet, which runs the Bloomberg Billionaires Index, said Swift’s total net worth is now at $1.1 billion, thanks to a record-breaking Eras tour that helped boost the US economy this summer. Bloomberg said Swift is one of the few entertainers to reach that status based on just her music and performance. Chris Leyden, director of growth marketing at SeatGeek, previously told CNN that “Taylor Swift’s ‘Eras’ tour is rewriting the playbook of entertainment economics.”“She’s not just a performer — she’s an economic phenomenon,” Leyden said. In its opening weekend, the pop singer’s concert film, “Taylor Swift: The Eras Tour,” raked in about $96 million in the box office in the United States and Canada, making it the highest-groatssing concert film domestically for an opening weekend, according to AMC.


Source: CNN October 27, 2023 16:34 UTC



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