What is Taylor Swift’s Net Worth?
Taylor Swift is a multi-talented American singer, songwriter and producer with a net worth of $400 million. She has sold over 200 million albums and has won numerous awards throughout her career.
Swift was discovered at age 15 by music mogul Scott Borchetta and was signed as the first artist under his newly-formed Big Machine Records. Her blonde-haired, blue-eyed pretty girl-next-door looks and lyrics about teen heartbreak have endeared her to millions of fans worldwide.
In some touring years, Swift has earned north of $150 million, cementing her status as one of the most popular and successful entertainers on the planet.
Taylor Swift’s Early Years
Taylor Alison Swift was born on December 13, 1989, in West Reading, Pennsylvania. She spent her early years on a Christmas tree farm with her parents and brother. Swift attended a Montessori school for preschool and kindergarten before moving to The Wyndcroft School for first grade. She became interested in musical theatre at the age of nine and enrolled in vocal and acting lessons in New York City. Swift’s love for country music developed after becoming a fan of Shania Twain. She started performing at local events and festivals as a tween and teen. However, record labels in Nashville did not think she was original enough and she left without a record deal.
Swift learned how to play the guitar at the age of 12 and wrote “Lucky You.” Her family moved to Nashville when she was 14 to give her a better chance of breaking into music. Swift started working with music manager Dan Dymtrow in 2003, who helped her secure a modeling gig for Abercrombie & Fitch and got one of her original songs included on a Maybelline compilation CD. After performing her original songs at a showcase for RCA Records, Swift was signed to an artist development deal.
Taylor Swift’s Music and Acting Career Highlights
Taylor Swift signed with Big Machine Records and released her first album, “Taylor Swift,” which reached number one on the U.S. Country Music chart and produced two number one hit singles, “Our Song” and “Should’ve Said No.” Her second album, “Fearless,” peaked at number one on multiple music charts and has been certified platinum in multiple countries. She has won numerous awards, including 23 American Music Awards, ten Grammy Awards, and 23 Billboard Music Awards. Swift has sold over 50 million albums and 150 million singles worldwide and embarked on five world tours grossing a total of $943 million.
Swift has also appeared in several television shows and movies, including “Saturday Night Live,” “Valentine’s Day,” and “Hannah Montana: The Movie.” She has been featured in popular publications such as Seventeen, Teen Vogue, and Rolling Stone.
In August 2020, Swift released her latest album, “Folklore,” which debuted at the top of the charts.
Taylor Swift’s Dating History
Taylor Swift’s personal life has been a fascination for media and fans alike. She’s been in a relationship with actor Joe Alwyn since May 2017, but before that, she dated a who’s who of famous men.
In 2015, Taylor dated DJ Calvin Harris. That same year, she dated actor Tom Hiddleston. In November 2012, she started dating Harry Styles but they were done soon after they returned from the British Virgin Islands together allegedly because they were both busy and never in one place for long. In late 2010, Swift embarked on a three-month relationship with actor Jake Gyllenhaal. She also dated John Mayer briefly, but long enough to write the song “Dear John” about him. While filming the movie Valentine’s Day, Swift met Taylor Lautner, and pretty soon the duo was completely inseparable. That relationship wasn’t long-lived either but also inspired a song — “Back to December.” In 2008 Swift dated Joe Jonas for three months.
In August 2020, as her surprise album “Folklore” dropped, Swift was spotted hiking in Utah with her boyfriend Joe Alwyn.
Taylor Swift’s Earnings and Endorsements
Taylor Swift earned around $50 million between June 2016 and June 2017. However, in some years, she has made over $150 million through album sales, touring, merchandise, and endorsements. For example, she earned $170 million between June 2015 and June 2016, largely due to the success of her 1989 world tour. Her “Reputation” stadium tour, which grossed $266 million, helped her earn $185 million between June 2018 and June 2019. She earned $64 million between June 2019 and June 2020.
Over the course of her career, Taylor Swift has partnered with numerous companies for endorsements and partnerships. Some of her notable partners include AT&T, CoverGirl, Verizon Wireless, Diet Coke, Keds, AirAsia, Qantas, Sony Electronics, and Target.
Taylor Swift’s Big Machine Records to Republic Records deal
Taylor Swift produced six albums for Big Machine Records between 2006 and 2017. When her deal with Big Machine was up for renewal in 2018, she aimed to gain control of her first six albums. However, negotiation with Big Machine’s founder Scott Borchetta became quite strained, and he reportedly offered her a deal in which she would gain control of her old albums one at a time upon releasing new albums for many years to come.
Not wanting to be sold off to a new company, Taylor ultimately chose to walk away from Big Machine and her back catalog and signed a new long-term deal with Republic Records, an imprint of Universal Music. The new deal came with two notable stipulations: 1) She owns all of her master recordings from here on out. 2) She gets a larger cut of profits from her music sales. Furthermore, if Universal ever sells its $1 billion stake in Spotify, Taylor will receive a large cut.
Taylor Swift’s Impressive Real Estate Portfolio
Taylor Swift’s real estate portfolio is worth around $150 million, spread across the United States.
In Nashville, she owns two condos worth a combined $4 million, and an 8,000 square foot mansion on six acres worth at least $6 million.
Her Rhode Island mansion, purchased for $17.75 million in 2013, is now worth around $30 million. It is an 11,000 square foot home with eight bedrooms, ten and a half baths, and numerous amenities such as a pool, fitness room, and roof terrace.
In New York City, Taylor owns $50 million worth of apartments, including a 10-bedroom duplex in Tribeca worth north of $20 million, and a four-story penthouse purchased for $12.5 million in 2017.
In Beverly Hills, Taylor has owned several properties, including a 1.5-acre property purchased in 2011 for $3.55 million, and a mansion purchased for $25 million in 2015 that is now worth at least $70 million after a massive renovation and restoration.
Her Hyannisport, Massachusetts home, part of the Kennedy compound, was originally listed for $13.5 million but Taylor purchased it for $4.9 million in 2012. She sold it a few months later for $5.675 million.
