Forbes has updated Taylor Swift’s net worth to $1.6 billion, richest female musician in…See More

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At 15 years old, she was the youngest songwriter to ever sign with Sony. She now has 14 Grammys on her shelf — including four for album of the year, the most of any artist in history — several tours under her belt, 10 studio albums, a long list of chart-topping songs, and a beloved fan base who dub themselves “Swifties.”

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Such success makes Swift one of the world’s highest-paid celebrities and one of the richest female singers. According to a Bloomberg News analysis published on the eve of her “1989” album rerelease, Swift has officially built a billion-dollar empire.

Forbes recently confirmed her $1.1 billion net worth, citing in part her massive ongoing Eras Tour and its subsequent concert movie.

Swift has been strategic and generous with her money, investing in a sprawling $84 million real-estate portfolio and often donating to causes she supports.

See how Swift earns and spends her fortune below.

According to Forbes, which published a series of 2024 billionaire reports on Tuesday, Swift is the first musician to reach 10-figure status solely based on songwriting and performing (rather than brand deals or business ventures).Swift’s vast fortune is primarily thanks to her valuable discography and earnings from streaming deals, music sales, concert tickets, and merchandise.Representatives for Swift did not immediately respond to Business Insider’s request for comment regarding the Forbes report.

Swift’s five-continent Eras Tour has been nothing short of a sensation. It’s the first tour ever to gross over $1 billion in revenue and is on track to become the highest-grossing tour of all time. In October 2023, after Swift toured 56 dates across the US and Mexico, The Eras Tour had already generated $780 million and added $4.3 billion to America’s gross domestic product, according to Bloomberg Economics.She has since made stops in Argentina, Brazil, Japan, Australia, and Singapore, with plans to continue in Europe and North America throughout 2024 following the release of her new album, “The Tortured Poets Department.”

Worldwide ticket presales had already exceeded $100 million before the film was released (a day early) on October 12, 2023, AMC Theatres reported.According to ticketing service Fandango, “Taylor Swift: The Eras Tour” set a new record for the highest first-day ticket sales in 2023. It has also become the highest-grossing concert movie of all time, surpassing “Justin Bieber: Never Say Never.”Swift, who bypassed movie studios to personally fund the concert movie, will receive half of the box office earnings for the film, which has grossed $261 million worldwide.

According to Puck News, Disney paid upwards of $75 million for the exclusive rights to stream “Taylor Swift: The Eras Tour (Taylor’s Version)” on Disney+ worldwide starting March 15.Citing anonymous sources, the outlet reported that Disney’s Bob Iger outbid Netflix and Universal Pictures (which handled VOD distribution for the film in December) for the streaming rights by offering the huge sum, which the other two streamers couldn’t match.

These partnerships include Capital One, AT&T, Stella McCartney, Elizabeth Arden perfumes, American Express, Keds, Diet Coke, Walmart, and Apple, which presumably bring in a lot of income.

At the time, the Reputation Stadium Tour broke the record for the highest-grossing US tour ever, according to Billboard. Swift earned an average of $7 million per show, more than double the US per-concert average during the “1989” tour.

Last April, Forbes estimated that Swift’s coveted on-site merchandise — which she sells at an average price of $80 —could add an estimated $87 million in proceeds to her fortune.