Taylor Swift is officially a billionaire

Thanks to her record-breaking Eras Tour and re-recording project, according to Bloomberg

Transcript

00:00 Taylor Swift is officially a billionaire.

00:01 On the eve of 1989 TV and amid a record-breaking tour

00:05 and box office bonanza,

00:06 the pop star hit an estimated net worth

00:08 of $1.1 billion according to Bloomberg.

00:12 Bloomberg says the valuation is likely conservative

00:14 and is based only on public information.

00:16 The majority of Taylor's wealth is tied to her catalog

00:19 that is reportedly valued at $400 million.

00:22 The catalog includes all the music she's released since 2019.

00:25 Another $370 million is tied to ticket sales and merchandise,

00:29 Spotify and YouTube earnings account for $120 million,

00:32 and her five homes are valued at $110 million.

00:35 The heiress tour is also set to rack in

00:37 well over $1 billion in ticket sales.

00:39 And analysts expect the release of 1989 Taylor's version

00:42 to be one of the biggest albums of the year

00:45 in terms of sales.