Taylor Swift performs during her Eras tour in Nashville, Tennesee, in May. Photo / AP
Taylor Swift is already the second-richest self-made woman in the music industry today.
The singer has surpassed both Madonna and Beyoncé in terms of net worth, according to a report from Forbes earlier this month - but her record-breaking Eras tour could soon boost her overall wealth by millions.
Forbes estimated her net worth to be around US$740 million (NZ$1.2 billion) on a list published at the beginning of June, but now as herEras tour is well and truly underway, the outlet guesses her net worth has lifted to US$780m - nearly NZ$1.3b.
The release of re-recorded Speak Now (Taylor’s Version) next week along with tour earnings could help push her overall net worth to around US$900m or nearly NZ$1.5b by next year.
Then there’s her real estate portfolio, her acting and directing credits, merch and brand deals - and of course, her newest world tour which is shattering records, hearts and ticketing sites around the world.
TOUR UPDATE ✨ This one hits different Swifties, we've just added NEW SHOWS to @taylorswift13 | The Eras Tour presented by Crown! All shows on sale TOMORROW directly from @Ticketek_AU
It’s been reported that Taylor can net around US$9m (NZ$14m) to US$11m (NZ$17m) per show.
And according to Forbes, Swift has already made nearly US$110m (NZ$181m) from her Eras tour performances so far after paying promoter Messina Touring Group and the production costs of the shows.
Other expenses include paying her manager, agent and publicist. When those bills are paid, she’s made about US$30m (NZ$49m) from the shows so far.
How much will Taylor Swift make from her Eras tour?
Eras’ first 22 performances alone grossed more than US$300m (NZ$493m), making it the highest-grossing tour in North America and worldwide from November 17, 2022, to May 17, 2023. That’s according to reports released by Pollstar.
That makes it twice as big as the second top-grossing tour worldwide, by Bruce Springsteen & The E Street Band. Meanwhile, Harry Styles’ Love On Tour netted US$124m (NZ$204m) from 34 shows, making it the third highest-grossing act worldwide.
Pollstar estimates the tour could hit US$1.4b (NZ$2.3b) by the time it ends in August 2024.
It’s not known what the exact costs are to bring the Eras shows to life. Swift’s stage design alone has made global headlines with its transformations designed as a backdrop for each of her “eras” of music, including a forest, a dollhouse and a special-effects swimming pool.
“How many shows does Taylor Swift have to sell before she starts covering her costs? How many crew is she travelling with? There are some shows on that scale that they have to sell out the first two before the promoter even starts making money.”