No Taylor Swift Will Not Be A Billionaire By The End Of Her Eras Tour
Future Billionaire?
According to our tracking, before the “Eras” tour began, Taylor Swift’s net worth stood at $400 million. Back in December, it was estimated that based on an average ticket price of $215, the “Eras” tour would generate $600 million in revenue from tickets alone. If that happens, Taylor’s cut would be around $500 million after various production and processing costs. A staggering figure, but, after taxes not quite enough to push her into billionaire status. That $600 million figure did not factor in increased ticket prices, merchandise, concessions or future international dates. When those factors are added, the tour could generate as much as $1.5 billion. Let’s conservatively estimate $1 billion. After removing 25% for costs, $750 million would be left over for Taylor. Taylor Swift owns $150 million worth of real estate around the US but her primary residence is in Tennessee. That’s smart because Tennessee residents do not have to pay a state income tax. Assuming she would pay around 37% in total taxes (the highest Federal rate), Taylor’s $750 million cut of the tour revenue would net out to $472.5 million. Still not quite enough to make her a billionaire.
Highest Grossing Tours of All Time
By our count, in order for Taylor to comfortably become a billionaire, the “Eras” tour will need to gross at least $1.3 billion. At that level, if we assume 25% is removed for costs and then another 37% goes to the IRS, Taylor would be left with $615 million. That amount combined with her current $400 million net worth would safely put Taylor into billionaire territory. Is that even possible though? For context, the record for the highest-grossing tour of all time belongs to Elton John. His “Farewell Yellow Brick Road” tour grossed $853 million. However, Elton’s tour lasted from 2018 to 2023 and consisted of 293 shows. The “Eras” tour is currently scheduled to have 52 stops. A better comparison would be The Rolling Stones’ “No Filter” tour. That tour, which ran from 2017 to 2021, generated $546 million from 58 shows. I actually saw the Stones on this tour when they came to LA and played the Rose Bowl. The 90,000-person capacity stadium was sold out two nights in a row. When Taylor comes to LA in August, she’ll play four shows at SoFi stadium, which has a 70,000 person capacity. I say all of this just to point out that the Stones tour was likely very comparable to what Taylor is embarking on right now. Could she generate $600 million? Sure. $700 million? Mayyyybe. I’m highly skeptical she’ll come anywhere close to the $1.3 billion mark needed to hit billionaire status. Below is a list of the highest grossing concert tours of all time. FYI, Taylor Swift’s “Reputation” stadium tour of 2018 had 53 shows and generated $345 million. That would rank it the 15th highest-grossing tour in history.
Actual Gross: $433,838,725 Gross adjusted for inflation: $496,573,962 Shows: 143 Attendance: 4,198,613