Taylor Swift falls merely $50 million short of making Forbes Magazine’s 50 Richest Self-Made Women list, but her estimated net worth is still $200 million. Does she really deserve that much? How much is too much? The superstar has earned around $300 million during her career so far and has even delved into real estate. She owns homes in Nashville, Beverly Hills, Watch Hill, and New York City. The singer also owns a large chunk of her record label, Big Machine Records, which is worth approximately $350 million. Swift may not yet be one of the richest women in the world, but she is definitely making her way to the top of the list and on her way to even bigger stardom. 
Swift may not have made the 50 Richest Self-Made Women list, but she did make Forbes Magazine’s 100 Most Powerful Women list. She made number 64 on the list. Madonna was number 28 on the list while Beyonce scored the number 49 spot. Swift is the youngest performer to ever make the list, according to The International Business Times. Album sales alone help to raise the singer’s income to well over $60 million a year. Album sales, merchandise, and touring together earn the singer over $80 million a year, thanks to her loyal fan base. She also has endorsement deals with powerful companies such as Diet Coke, Cover Girl, Keds, Sony, Elizabeth Arden, L.e.i Jeans, and American Greetings which bring in the big bucks. The star is also a global ambassador for New York City to add to her list of job titles.
Swift has also taken measures to ensure that the money keeps rolling in by doing things such as trademarking her lyrics. She has trademarked lines such as“Party like it’s 1989,” “This sick beat, “Cause we never go out of style” and others. The singer owns approximately $86 million in real estate including her four homes. She purchased a $2.5 million house for her parents in Nashville and a $2 million penthouse for herself. The apartment she purchased in New York set her back $19.9 million and her TriBeCa penthouse cost $15 million. She also spent $5 million on a place for her security team. Her Watch Hill, Rhode Island home cost $17.75 million and her Beverly Hills palace is worth $4 million. Swift has tons of money and certainly seems to be spending it as fast as she is making it. Her net worth is over $200 million but does she really deserve that much? Does anyone deserve that much?
Supposedly to protect her name and brand, she bought the porn site domains TaylorSwift.porn and TaylorSwift.adult. USA Today said that the singer claimed the purchase was to beat all of her haters to the punch and to prevent trouble before it begins. Her reasons for doing it are her own, but the point is that she had the money to do it and enough money to do whatever her heart desires. Swift definitely likes to travel in style and be in the lap of luxury. She bought a 12-seater plane in 2011 for $40 million so she can jet back and forth. She also has her own hangar for it at Nashville International Airport. The singer has six or seven-figure deals with companies like Target and many more, so obviously money is no object, but yet she rants and raves when she thinks that Apple will cheat her out of money for three months.
According to Perez Hilton, the singer was willing to shell out $80,000 for her ex Harry Styles’ birthday and over $100,000 to obtain Beatles memorabilia for him. The article also said that the singer is big on spending huge amounts of cash on pampering her friends. It is true that Swift is extremely talented and works hard, but does anyone really deserve $200 million a year. There are people who struggle daily to make ends meet and those who are starving and a singer makes this absurd amount of money. Not only that, but she spends money on frivolous things it seems.
Does anyone need four homes or a $40 million plane? What has Swift done to deserve all of this? Sure, most people would love to have what she has, but it just seems unfair that celebrities have so much of the world’s money while others can barely get by. Taylor Swift’s net worth is over $200 million but does she deserve that much? There are many talented singers out there who have way more talent than Swift and do not make near the money she does. She is a driven person who is skilled at her craft, but should not have everything handed to her on a silver platter just because of her of status and influence. She is talented but is she really worth so much money?
By Heather Granruth
Sources:
OK! Magazine: Taylor Swift Net Worth — Find Out How Much Money The Singer Earns!
Forbes: Taylor Swift’s Net Worth in 2015: $200 Million
IBT: Taylor Swift Net Worth Pegged At $200M; Star Is Youngest On Forbes ‘100 Most Powerful Women’ List
Perez Hilton: Who is the Highest Earning Woman in Music?
Photo Courtesy of GabboT’s Flickr Page- Creative Commons License
Photo Courtesy of GabboT’s Flickr Page- Creative Commons License
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10 Responses
Taylor Swift is not self made. It takes a big village to create superstars. No one is worth the kind of money that pop stars make. However, that is capitalism, and it is still the best system.
Does Taylor Swift deserve her wealth? YES
If you like middle school lyrics, that are the same over and over in every song, if you like computer generated music to back that up… then yeah taylor swift has talent. I’m not impressed or moved by anything she does, I’d rather listen to my ears scraping on the ground getting dragged behind a school bus
@Tyler
Self-made millionaires are like your brain, they don’t exist.
She is worth over 200 million and she give $15,000 to a stranger. WOW big money. You must be a teenager too, Tyler.
Waaah somebody is rich. Waaah! Why don’t you talk about all her donations she makes? She donated $15,000 for a complete stranger on GoFundMe not too long ago. I’m not even a Taylor Swift fan, but c’mon. Don’t bash somebody because they’re a self-made millionaire.
I am thinking that all three of you that have commented are teenage girls and probably anonymous is one in the same. No person in the world is worth that much money. I think the article was beautifully written. It made a good point. We live in a society that worships singers, movie stars and ball players. These people are just that people, not gods. Taylor Swift is a talented writer, I will give her that. She does not have a good voice and she tries to be sexy and she is most certainly not that. It has become overkill to the point that I cannot stand to hear or see her. Why are so many people interested in Taylor, she is not interested in you. She wouldn’t give you the time of day. People act as if they know her personally and she doesn’t even know you exist. How psychotic is that??? to defend someone that you don’t even know. The person that wrote this article is just doing their job, this is the way they make their living, probably an article that there boss told them to write. They are entitled to their own opinion. This is a sick, sick world if we believe it is okay for someone to own four houses and we have 1.2 million homeless children in the U.S. alone in 2015.
This article doesn’t know the difference between gross and net worth. Also, Ms Swifts Net Worth is built over time. Her Net Worth being 200 million is the total of what she is worth since she started receiving money. It’s not her annual gross income before taxes and expenses, lol. In fact she only earned around 16 million last year. BTW, Rolling Stone refers to Taylor as one of the New Immortals and a songwriting genius. Jon Bon Jovi referred to her as the one artist with staying power in this generation of artists. Springsteen, James Taylor, Mick Jagger, Stevie Nix, and countless other icons have sung her praises. The writer of this article knows nothing about talent.
This site should not be using OK Mag as a source. It is an infamously known webloid which makes up stories. Wikipedia would be more reliable, and my college professors would never, ever accept Wikipedia as a source
The writing and reporting in this piece are alarmingly poor. You have misreported a number of details easy to have figured out by a simple Google search. And net worth and annual income are two separate things – something you didn’t always keep straight!
As for whether someone “deserves” what they’ve earned? Well it’s as simple as this: we all get what someone else is willing to pay us. Perhaps nobody “deserves” to be in the 1%, but Swift is entirely self-made and is incredibly business-savvy as well as incredibly talented. Unlike many other musical artists she has written every one of her own songs and every musician – including all the iconic greats – who has worked with her has said she is extremely talented, a prodigy, a genius.
She’s the youngest person ever to have been signed to Sony/ATV publishing as a songwriter. She’s the youngest person to have won the Grammy’s top prize (Album of the year). She’s the youngest – and only person to have been awarded it twice – to have been named Billboard’s Woman of the Year. She’s won practically every available musical award and is one of the top selling artists of all-time – she’s the only artist to have sold more then a million copies in the first week for 3 albums. Etc., etc. You can’t deny or downplay her talent or successes. It’s not surprising then that she would be compensated greatly for all of that.