How much is Taylor Swift’s net worth and how does she make her money? The famous singer has an impressive fortune.
Taylor Alison Swift is a multi-Grammy award-winning American singer/songwriter who, in 2010 at the age of 20, became the youngest artist in history to win the Grammy Award for Album of the Year. In 2011 Swift was named Billboard’s Woman of the Year. She also has been named the American Music Awards Artist of the Year, as well as the Entertainer of the Year for both the Country Music Association and the Academy of Country Music, among many other accolades. As of this writing, she is also the top-selling digital artist in music history.
Taylor Swift’s net worth is massive, and it’s largely because of what one of her frenemies said best: “Taylor Swift is a major corporation.” And just like many major corporations, Swift’s net worth can be tallied as high as hundreds of millions of dollars.
The Grammy winner’s massive net worth is a product of both her talents as a musician and songwriter, but also of her incredible business acumen; she even created her own management company, in which she acts as CEO. She can likely thank her parents for honing those financial smarts: Her father, Scott Swift, was a stockbroker and wealth management adviser, while her mother, Andrea, sold mutual funds.
How rich is Taylor Swift right now and was she born into a rich family? Read on for everything about the singer’s financial status.
Profile Summary
| Celebrated Name: | Taylor Swift |
| Net Worth: | $400 million to $740 million |
| Salary: | $150 million |
| Profession: | Singer, actor |
| Fun Facts: | Before breaking into country music, Taylor modeled for Abercrombie & Fitch |
| Full Real Name: | Taylor Alison Swift |
| Date of Birth: | December 13, 1989 |
| Birthplace: | West Reading, Pennsylvania, United States |
| Height: | 1.8 m |
| Parents: | Andrea Swift, Scott Kingsley Swift |
| Siblings: | Austin Swift |
| Relationship Status: | Joe Alwyn, Joe Jonas, Taylor Lautner, Jake Gyllenhaal, Calvin Harris, Tom Hiddleston, Harry Styles, etc |
| Boyfriends: | Joe Alwyn, Joe Jonas, Taylor Lautner, Jake Gyllenhaal, Calvin Harris, Tom Hiddleston, and Harry Styles, etc |
| Insatgram: | @taylorswift |
| Twitter: | @taylorswift13 |
What is Taylor Swift’s net worth?
Singer and actress Taylor Swift got her big break in 2006, following the release of her debut album, which featured her hit singles “Teardrops on My Guitar” and “Our Song.” Taylor’s success continued with the release of subsequent albums “Fearless” and “Speak Now.”
In 2012, Taylor made the shift to pop music, releasing four more albums — “Red,” “1989,” “Reputation,” and “Lover” — featuring some of her biggest hits including “I Knew You Were Trouble,” “Blank Space,” and “You Need to Calm Down.” She went on to embrace a more folk vibe for her most recent albums, “Folklore” and “Evermore.”
The masters of her first six albums were purchased in 2019 by Scooter Braun’s company Ithaca Holdings for $300 million, which prompted Taylor to accuse the music manager of taking “her life’s work.” Taylor has since announced she would be re-recording her 2008 album, “Fearless.”
Taylor has won 11 Grammy Awards, including three Album of the Year wins, and has sold over 50 million albums worldwide. She has also acted in several movies such as Valentine’s Day and Cats.
But, how much is Taylor Swift worth right now? Forbes estimates Taylor Swift’s net worth in 2023 to be a whopping $740 million while Celebrity Net Worth pegs her fortune at $400 million, adding that she makes $150 million per year – thanks to her massive album sales, songwriting royalties, real estate portfolio, acting, directing, merchandising, brand deals, and Ticketmaster-shattering tours.
Swift was born into at least some generational wealth thanks to her parents’ success in the financial sector. A combination of genuinely catchy tunes, marketing savvy, endorsements, and negotiating prowess (even with giants like Apple), plus a rabid fanbase of Swifties willing to buy multiple versions and copies of the same albums, merchandise, tickets, and meet-and-greets to her concerts—that all really adds up.
Was Taylor Swift’s family rich? Yes, Swift certainly had quite the financial safety net to pursue her dreams. Her father, Scott, is “a descendant of three bank presidents,” according to The New Yorker, and worked as a stockbroker for Merrill Lynch. Swift’s mother also worked in the financial industry. Though Tay-Tay first grew up on an 11-acre Christmas tree farm in Pennsylvania (which can help save a bundle in property taxes), her family was able to move to Nashville when her father transferred to Music City’s Merrill Lynch office so she could pursue music full-time. Her father also purchased shares in Big Machine, likely giving her quite the leg up in getting a record deal.
How much does Taylor Swift make per show? Swift reportedly makes an estimated $9 million per concert, but that sum is likely to spread amongst Swift, her team, promoters, venues, and touring production expenses.
How much does Taylor Swift make in royalties? As writer or co-writer on almost all of her songs, Swift earns publishing royalties for their sales, streams, and plays. The details of her publishing deals aren’t publicly known, but Billboard reports that the publishing royalties for Swift’s catalog in 2017 likely earned around $59,000 in just a single week from streaming alone—so you know she’s made quite a bit of her riches from her way with words.
How much does Taylor Swift make per day? Swift was once estimated to earn a whopping $1 million per day. That said, her income varies depending on project releases, touring, and other factors. If we assume the $170 million annual figure she made from 2015 to 2016, she makes $465,753.42 daily.
How much does Taylor Swift make an hour? If we assume the $170 million annual figure she made from 2015 to 2016, she makes $19,406.39 every hour. It makes those “kitchen table bills” seem a lot less worrisome.
How much does Taylor Swift make a year? Swift’s annual income depends on her album release schedules and touring itineraries. She was unable to tour in 2020 and 2021 due to the COVID-19 pandemic, making her earnings significantly lower than in previous years (but likely still netting her a ton of money). She reportedly took home $170 million just from June 2015 to June 2016 alone and earned an estimated $5 million in album and single sales, $2.4 million from streaming, and $2 million in publishing royalties in 2017.
Her first-ever world tour, the Fearless World Tour, from 2009 to 2010, brought in $75 million, and her grosses have grown exponentially ever since. Her Speak Now World Tour made a whopping $123.7 million, while Red took in $150.2 million. Her 1989 world tour in 2015 netted a cool $250 million, the highest by far of any artist that year.
How much does Taylor Swift make per song? Swift’s income per song varies on how well an individual song performs, as well as the number of writers and producers on the track. Since Swift is a particularly prolific songwriter and pens her own songs, her income per song is likely higher than many of her own contemporaries.
FAQ
How rich is Taylor? According to Celebrity Net Worth, Swift is worth $400 million and makes $150 million per year from her music and various brand deals.
How old is Taylor Swift? Swift is 33 years old as of this writing in 2023. Her birthday is Dec. 13, 1989.
Who is richer, Miley Cyrus or Taylor Swift? Swift is richer than Miley Cyrus. The former Hannah Montana star has an estimated net worth of $160 million to Swift’s $400 million.
Who is richer, Justin Bieber or Taylor Swift? Swift is wealthier than her pop contemporary and nemesis Justin Bieber. Bieber has an estimated net worth of $485 million as of 2023 since selling his 291-song catalog.
Who is richer, Taylor or Ariana? At 5’11,” statuesque Swift dwarfs the diminutive 5’0″ Ariana Grande. She also dwarfs her in terms of net worth: Swift is worth $400 million to Grande’s estimated $240 million net worth.
Who is richer, Beyoncé or Taylor Swift? As of 2023, Taylor Swift is estimated to be wealthier than Beyoncé. Beyoncé’s estimated net worth is $450 million, though that number will likely go way up thanks to her Renaissance tour—whenever that happens!
Is Kanye West richer than Taylor Swift? According to Forbes, Swift has a net worth of around $740 million. Compare that to the $400 million that West is worth, according to the same outlet, and Swift has already passed the controversial artist and designer.