Taylor Swift Net Worth: Taylor Swift is an American singer and songwriter who has a net worth of $400 million. She was discovered at age 15 by future music mogul Scott Borchetta while performing at a Nashville cafe. Borchetta signed Taylor as the first artist under his newly-formed Big Machine Records. Today she is one of the most-popular and most-successful entertainers on the planet. In some touring years, she has easily earned north of $150 million.
Early Life: Taylor Alison Swift was born on December 13, 1989, in West Reading, Pennsylvania. Her father, Scott Kingsley Swift, was a stockbroker for Merrill Lynch. Her mother, Andrea Gardner Swift, was a homemaker who had worked as a mutual fund marketing executive. Swift is named after singer-songwriter James Taylor. Swift’s younger brother Austin Kingsley Swift is an actor. Swift spent her early years on a Christmas tree farm. She attended preschool and kindergarten at the Alvernia Montessori School, before transferring to The Wyndcroft School. The family moved to a rented house in the suburban town of Wyomissing, Pennsylvania, where she attended Wyomissing Area Junior/Senior High School.
When Swift was nine-years-old, she became interested in musical theatre and performed in four Berks Youth Theatre Academy productions. She also went to New York City for vocal and acting lessons. Swift shifted her focus toward country music when she was inspired by Shania Twain’s songs. She spent her weekends performing at local festivals and events. After watching a documentary about Faith Hill, Swift became convinced that she needed to go to Nashville, Tennessee, to pursue her music career. When she was 11, she and her mom went to Nashville to visit record labels and submit a demo tape of Dolly Parton and Dixie Chicks karaoke covers. She was rejected, however, because she wasn’t original enough yet.
When Swift was about 12 years old she learned to play the guitar and wrote the song “Lucky You.” To help Swift break into country music, her father transferred to Merrill Lynch’s Nashville office when she was 14, and the family moved into a lakefront house in Hendersonville, Tennessee. Swift attended Hendersonville High School for two years before transferring to the Aaron Academy, which could accommodate her touring schedule through homeschooling. Swift graduated from high school in three years.
In 2003, Swift and her parents started working with music manager Dan Dymtrow. He helped Swift get a modelling gig with Abercrombie & Fitch as part of their “Rising Stars” campaign, had an original song included on a Maybelline compilation CD, and attended meetings with major record labels. After performing original songs at an RCA Records showcase, Swift was given an artist development deal and began making trips to Nashville with her mother.
Career: A year after signing with Big Machine Records, Swift released her first single “Tim McGraw,” which preceded her first self-titled studio album release. Taylor Swift reached the number five position on the U.S. Billboard 200 but obtained the number one spot on the U.S. Country Music chart. The album produced two number one hit singles “Our Song” and “Should’ve Said No”. To date, her first album has been certified platinum more than four times by the RIAA. Swift’s second album, Fearless, peaked at number one on the U.S. Billboard, U.S. Country, New Zealand, and Canadian music charts. It has been certified platinum in four countries, six times in the USA alone, and also produced two number-one singles “Love Story” and “You Belong with Me”. She has performed with music artists such as John Mayer, Justin Bieber and Faith Hill. Among Swift’s many accolades are 23 American Music Awards, ten Grammy Awards, and 23 Billboard Music Awards. As of this writing, she has sold more than 50 million albums worldwide and 150 million singles. Between 2009 and 2018, Taylor embarked on five world tours that grossed a total of $943 million.
Swift has made several television and film appearances, both as herself on Saturday Night Live and Dateline NBC and in fictionalized roles on shows like Valentine’s Day, CSI: Crime Scene Investigation, and Hannah Montana: The Movie. Additionally, Swift has appeared in many popular publications including Seventeen, Teen Vogue, and Rolling Stone.
Personal Life: Taylor Swift’s personal life has always been a fascinating subject for the media and her fans. 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.
Taylor dated DJ Calvin Harris in 2015. That same year, she dated actor Tom Hiddleston.
In November 2012 she started dating Harry Styles. Over the 2012-2013 winter holidays, Taylor and Harry went to the British Virgin Islands together and were done soon after they returned, 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.
Endorsements and Earnings: Between June 2016 and June 2017, Taylor earned around $50 million. There have been several years where Swift has made more than $150 million off album sales, touring, merchandise and endorsements. For example, thanks largely to the massively successful 1989 world tour, Taylor earned $170 million between June 2015 and June 2016. Between June 2018 and June 2019, Taylor earned $185 million from her empire thanks largely to her “Reputation” stadium tour which grossed $266 million. Between June 2019 and June 2020 she earned $64 million.
During her career, Taylor has partnered with hundreds of companies for endorsements and partnerships. Some of her partnership companies include AT&T, CoverGirl, Verizon Wireless, Diet Coke, Keds, AirAsia, Qantas, Sony Electronics and Target.
Republic Records Deal and Departure from Big Machine: Taylor produced six albums for Big Machine Records between 2006 and 2017. When her deal with Big Machine was up for renewal in 2018, we learned that her relationship with the company and its founder Scott Borchetta had become quite strained. Taylor’s primary goal in the negotiation was to gain control of her first six albums. Borchetta 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. Taylor, who knew that Borchetta was looking to sell his company, would later explain that she did not want to be sold off to a new company. She ultimately chose to walk away from Big Machine and her back catalogue and signed a new long-term deal 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 stakes in Spotify, Taylor will receive a large cut.
Real Estate: Taylor Swift’s real estate portfolio is quite impressive. When she was just 20 years old she bought a condo in downtown Nashville that today is worth $3 million. In 2011 she spent $2.5 million on a large estate in the suburbs of Nashville. In 2013 she spent $6.65 million on a 12,000 square-foot waterfront home in Rhode Island. Taylor owns $50 million worth of apartments in New York City. Her Manhattan footprint started in 2014 when she bought a penthouse in Tribeca that she eventually transformed into a 10-bedroom duplex that today is likely worth north of $20 million on its own. In 2017 she bought the 100-year-old four-story penthouse next to the duplex for $12.5 million. In February 2018 she spent $10 million on another condo in her original building. In Los Angeles, she lives in a $30 million mansion that she acquired in September 2015.