Taylor Swift Net Worth
Taylor Swift Net Worth: Taylor Swift is an American singer and songwriter who has a net worth of $400 million. Born in Wyomissing, Pennsylvania, Swift and her family relocated to just outside Nashville, Tennessee when Swift showed keen interest in pursuing a career in country-pop music. She was discovered at age 15 by future music mogul Scott Borchetta while performing at a Nashville cafe. Borchetta signed Taylor as the first artist under his newly-formed Big Machine Records.
A year after signing with Big Machine Records, Swift released her first single "Tim McGraw", which preceded her first self-titled studio album release. Taylor Swift reached the number five position on the US Billboard 200, but obtained the number one spot on the US Country Music chart. The album produced two number one hit singles "Our Song" and "Should've Said No". To date, her first album has been certified platinum more than four times by the RIAA. Swift's second album, Fearless, peaked at number one on the US Billboard, US Country, New Zealand and Canadian music charts. It has been certified platinum in four countries, six times in the USA alone, and also produced two number one singles "Love Story" and "You Belong with Me". She has performed with music artists such as John Mayer, Justin Bieber and Faith Hill. Among Swift's many accolades are 23 American Music Awards, ten Grammy Awards, and 23 Billboard Music Awards. As of this writing she has sold more than 50 million albums worldwide and 150 million singles. Between 2009 and 2018, Taylor embarked on five world tours that grossed a total of $943 million.
Swift has made several television and film appearances, both as herself on Saturday Night Live and Dateline NBC and in fictionalized roles on shows like Valentines Day, CSI: Crime Scene Investigation and Hannah Montana: the Movie. Additionally, Swift has appeared in many popular publications including Seventeen, Teen Vogue and Rolling Stone.
Endorsements and Earnings: Between June 2016 and June 2017, Taylor earned around $50 million. There have been several years where Swift has made more than $150 million off album sales, touring, merchandise and endorsements. For example, thanks largely to the massively successful 1989 world tour, Taylor earned $170 million between June 2015 and June 2016. Between June 2018 and June 2019, Taylor earned $185 million from her empire thanks largely to her "Reputation" stadium tour which grossed $266 million.
During her career Taylor has partnered with hundreds of companies for endorsements and partnerships. Some of her partnership companies include AT&T, CoverGirl, Verizon Wireless, Diet Coke, Keds, AirAsia, Qantas, Sony Electronics and Target.
Republic Records Deal and Departure from Big Machine: Taylor produced six albums for Big Machine Records between 2006 and 2017. When her deal with Big Machine was up for renewal in 2018, we learned that her relationship with the company and its founder Scott Borchetta had become quite strained. Taylor's primary goal in the negotiation was to gain control of her first six albums. Borchetta reportedly offered her a deal in which she would gain control of her old albums one at a time upon releasing new albums for many years to come. Taylor, who knew that Borchetta was looking to sell his company, would later explain that she did not want to be sold off to a new company. She ultimately chose to walk away from Big Machine and her back catalogue and signed a new long-term deal Republic Records, an imprint of Universal Music. The new deal came with two notable stipulations: 1) She owns all of her master recordings from here on out. 2) She gets a larger cut of profits from her music sales. Furthermore, if Universal ever sells its $1 billion stake in Spotfiy, Taylor will receive a large cut.
Real Estate: Taylor Swift's real estate portfolio is quite impressive. When she was just 20 years old she bought a condo in downtown Nashville that today is worth $3 million. In 2011 she spent $2.5 million on a large estate in the suburbs of Nashville. In 2013 she spent $6.65 million on a 12,000 square-foot waterfront home in Rhode Island. Taylor owns $50 million worth of apartments in New York City. Her Manhattan footprint started in 2014 when she bought a penthouse in Tribeca that she eventually transformed into a 10-bedroom duplex that today is likely worth north of $20 million on its own. In 2017 she bought the 100-year-old four-story penthouse next to the duplex for $12.5 million. In February 2018 she spent $10 million on another condo in her original building. In Los Angeles she lives in a $30 million mansion that she acquired in September 2015.
|Net Worth:||$400 Million|
|Salary:||$150 Million Per Year|
|Date of Birth:||Dec 13, 1989 (30 years old)|
|Height:||5 ft 10 in (1.78 m)|
|Profession:||Singer-songwriter, Musician, Actor, Guitarist|
|Nationality:||United States of America|