Taylor Swift Net Worth

Birth NameTaylor Alison Swift
BornDecember 13, 1989
Age32
OccupationMusician, songwriter
Net Worth$550 million
Source of WealthMusic
CountryUnited States
Marital StatusIn a relationship
ResidenceNashville, Tennessee
EducationDiploma, High School

As of 2022, Taylor Swift net worth is about $550 million. Swift is an American singer, songwriter, record producer, director, actress, and businesswoman. At just the age of 32, she’s one of the wealthiest musicians in the world right now, along with the likes of Rihanna, Jennifer Lopez, and Beyonce. According to Forbes, Taylor Swift is the 25th highest-paid celebrity in 2022. Last year she was ranked the 78th most powerful woman in the world by Forbes.

So how did Taylor Swift start and where does her millions come from?

Taylor Swift Net Worth

Taylor Swift net worth has increased by about $185 million over the last 2 years. In 2020 she had a fortune of $365 million, the same amount of wealth she had in the years 2012, 2013, and 2014. After 2014, her net worth dropped to $250 million but rose again to $360 million by 2019. In 2014 and 2017, she was featured by Forbes as one of the Top 30 under 30.

She’s the richest self-made woman in Tennessee and the 2nd youngest self-made woman in the United States after Kylie Jenner who’s worth $620 million.

Early Life and Education

Taylor Swift was born on December 13, 1989, in West Reading, Pennsylvania. Her father, Scott Kingsley Swift is a former stock trader for a New York-based company while her mother is a former housekeeper.

The singer attended preschool at the Alvernia Montessori School and later joined The Wyndcroft School before attending Wyomissing Area High School after her family moved to Wyomissing.

Swift began to show an interest in music at the age of nine. She travelled occasionally to New York for vocal lessons. She would attend local events and festivals to perform country music. At the age of 11 Swift had made up her mind that she wanted to pursue a musical career. She went to Nashville trying to secure a deal with any record label but failed.

Her family later moved to Nashville where she was signed by the Sony/ATV Tree publishing house but soon left and was signed by the record label Big Machine Records. She got her breakthrough in 2006 after the release of her first album titled Taylor Swift which peaked at number 5 on the U.S Billboard 200 and spent 157 weeks on the chart. Taylor Swift used to open tours for other country music artists to promote her first album. She has now released 6 albums so far.

Taylor Swift has one sibling, Austin Swift who’s an actor.

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How does Taylor Swift make her millions?

Taylor Swift net worth mainly comes from music. In 2020, Swift was one of the top 100 world highest-paid celebrities having made $63.5 million within a year. This year she was again named the 25th best-paid celebrity having made $52 million in a span of one year.

According to wealthygorilla.com, Taylor Swift is the 15th richest musician in the world.  Last year she was ranked by Forbes as the 58th wealthiest self-made woman in the United States. She’s the 2nd richest self-made woman in the music industry.

Swift gets most of her money from music. She also pockets money from promotions, merchandise, and concerts. In 2016 she was the highest-paid celebrity after making $170 million that year, the highest annual salary for a female singer. In 2019 she made $185 million breaking her own record of the highest annual earnings for a female artist which she set in 2016.

Another big source of Taylor Swift’s money is royalties from streaming services like Spotify and Apple Music. The singer is the 5th most streamed artist on Spotify with about 57 million listeners every month. This means that every month she earns an estimated $180,000 in royalties from Spotify alone. She’s also the 9th most streamed artist of all time on the platform with $24.7 billion streams.

Taylor Swift also makes millions from touring around the world. Her most successful tour until today is her 2018 Reputation Stadium Tour which grossed $345.7 million. It was the highest-grossing tour ever in the United States and the 3rd highest-grossing female concert tour of all time. Her 1989 World Tour in 2015 grossed $250.7 million, her Red Tour in 2013 grossed $150.2 million, her Speak Now World Tour in 2011 grossed $123.7 million while her first tour, Fearless Tour grossed $75.8 million.

The singer has had several endorsement deals which have also contributed to his huge fortune. Some of them include the 2019 multi-year deal with Capital One, the 2017 partnership with the National Hockey League (NHL) as well as the 2016 multi-year partnership with AT&T. One of the most notable deals was the 2014 partnership with Diet Coke in which Swift appeared on the brand’s “Stay Extraordinary” commercial. She reportedly pocketed $26 million from this endorsement.

Related: Drake’s Net Worth

How does Taylor Swift spend her fortune?

Taylor Swift has a relatively huge real estate portfolio which is estimated to be worth more than $84 million. She owns 3 properties in New York City which include a $9.75 million apartment bought in 2018, a four-story townhouse worth $18 million which she bought in 2017, and a $19 million penthouse located in Tribeca, the richest neighborhood in Manhattan which she bought in 2014.

She also owns 2 properties in her hometown of Nashville. One of them is a 3,200 square-foot condominium which she bought at the age of 21 in 2011 for $3 million. The other property is a 5,600 square foot mansion which cost her about $2.5 million. She also owns a $25 million mansion in Beverly Hills and a seafront mansion in Rhode Island worth $6.65 million.

taylor-swift-rhode-island-mansion
Taylor Swift’s $6.65 million seafront mansion in Rhode Island

Taylor Swift owned two private jets until 2020 when she sold one of them, the Dassault Falcon 50. She now owns the Dassault-Breguet Mystere Falcon 900 which goes for about $58 million. The jet has the number 13 on it which Taylor Swift believes is her lucky number. She’s a lover of cars, in her garage you will find a Porsche 911 Turbo worth $113,000, a $180,000 Audi R8, and a Mercedes-Benz Viano that costs $210,000. Perhaps one of her most expensive rides is the Toyota Sequoia which goes for approximately $650,000.

Taylor Swift owns a 1913 Steinway Piano which cost her about $43,500 way above a normal piano which costs between $3,000-$30,000. She’s also a big pet lover, she owns 3 cats which she bought for about $,1000-$3,000 each. The Bad Blood singer also got an insurance policy for her legs valued at $40 million. She owns the most valuable legs in the world, lol.

Taylor Swift also likes to spend her money to help others. In 2016, she donated $1 million to Louisiana flood relief efforts and gave a similar amount for Tennessee tornado relief. She donated $500,000 during the May 2010 Tennessee floods.

Swift also donated $4 million towards the construction of a new education center at the Country Music Hall and Museum in Nashville. During the Covid-19 pandemic, the pop singer donated to Feeding America as well as the World Health Organization. She has even received several awards for her philanthropic efforts, such as the “Star of Compassion” award from the Tennessee Disaster services as well as the “Ripple of Hope Award for her “commitment to advocacy at such a young age”.

Career achievements

At just 32, Taylor Swift is one of the most successful musicians of all time. She has numerous achievements and awards including holding several Guinness World Records.

Swift is one of the best-selling music artists of all time. She has sold more than 200 million records globally. She has won 11 Grammy Awards and is one of the female artists with the most Grammys. Beyonce tops the list with 28. The Blank Space singer also boasts of 34 American Music Awards, one Emmy Award, 25 Billboard Music Awards, 56 Guinness World Records among other achievements. She has won the most Billboard Music Awards ever won by a female.

Some of the World Guinness Records by Taylor Swift include:

  • Most streamed female act on Spotify in 24 hours. On 12 November 2021, Swift set the record of the most streamed female musician on Spotify in one day reaching 122.9 million streams within 24 hours.
  • Most American Music Awards won. Taylor Swift has won the award a total of 34 times and no other artist in history has done that.
  • Highest annual earnings for a female musician. Between 1 June 2018 and 1 June 2019, the singer accumulated $185 million in total earnings setting the record for the highest earnings for a female artist in a year.
  • Highest earning couple in Hollywood. From June 2014 to June 2015 Taylor Swift and Calvin Harris who were a couple earned a total of $146 million with Swift bringing in $80 million and Harris $66 million. This is the highest amount earned by a couple in a year. Here is a list of all the World Guinness Records held by Taylor Swift.

Related: Beyonce’s Net Worth in 2022

Personal life

Taylor Swift is currently dating Joe Alwyn, a British actor. They are said to have dated for more than 4 years now although they have kept their relationship very private. The singer has also been in relationships with Calvin Harris, Harry Styles, Tom Hiddleston among others.

She’s a Christian and lives in Nashville, Tennessee which has been her home since she was 10. She has 3 cats Meredith Grey, Benjamin Button, and Olivia Benson.

According to taylorswift.fandom.com, Swift’s favorite tv shows include Pretty Little Liars, Grey’s Anatomy, and CSI. She loves cooking and baking, watching tv with her 3 cats as well as playing and cuddling with them. Her favorite meals include sweet potato pancakes, cheesecake, and buckwheat crepes.

She’s one of the most followed celebrities on social media with 202 million followers on Instagram and 90.3 million followers on Twitter.

taylor-swift-with-boyfriend-joe-alwyn
Taylor Swift with her boyfriend Joe Alwyn

Conclusion

Taylor Swift net worth currently stands at $550 million. She gets most of her money from music and is one of the wealthiest artists in the world right now. Being at the top of her career, Taylor Swift is set to become even richer.

Below are some quotes from the singer.

  • “I think fearless is having fears but jumping anyway.”
  • “Anytime someone tells me that I can’t do something, I want to do it more.”
  • “Just because you make a good plan, doesn’t mean that’s what’s gonna happen.”
  • “I don’t compare myself to anyone else; I don’t make comments about anyone else because they do what feels right for them, and that’s okay by me.”
  • “Relationships are like traffic lights. And I just have this theory that I can only exist in a relationship if it’s a green light.”
  • “I’m intimidated by the fear of being average.”
  • “Even if you’re happy with the life you’ve chosen, you’re still curious about the other options.”       
  • “One thing I’ve learnt is not to change who you are, because eventually you’re going to run out of new things to become.”
  • “I think the tiniest little thing can change the course of your day, which can change the course of your year, which can change who you are.”
  • “We don’t need to share the same opinions as others, but we need to be respectful.”

What do you think about Taylor Swift’s wealth? share your thoughts in the comments below.

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