The star is estimated to have a net worth of $1.1 billion

Taylor Swift has been crowed a billionaire, according to a Bloomberg News analysis. The report credits the pop star’s massive Eras Tour and album re-recordings for bringing her total net worth to $1.1 billion.

While specific numbers are unclear, Bloomberg’s analysis is based on assets and earnings that “could be confirmed or traced from publicly disclosed figures.” These include the estimated value of her music catalog, five homes, earnings from streaming deals, music sales, concert tickets and merchandise, all after expenses and taxes have been deducted.

Bloomberg states The Eras Tour has sold more than $700 million in ticket sales for shows performed to date, not including upcoming legs in South America, Asia, and Europe with a return to North America in the fall of 2024. The 53-date North American leg of the tour was attended by more than three million Taylor Swift fans. The trek is expected to make Swift the highest-grossing female artist and The Eras Tour the largest-ever grossing tour in US history as it’s projected to gross more than $2 billion by the end of its international run which has 89 shows left.

The organization also states that Swift is one of the rare artists who has obtained her wealth solely based on performances and recorded music sales.

The country-turned-pop star is so popular that the Philadelphia Federal Reserve credits her single-handedly for raising the United States economy with tourism. Hotel revenues have been boosted for the first time since the pandemic as fans flock city to city to see Swift.

Taylor Swift | The Eras Tour concert film opened theatrically earlier this month, raking in more than $92.8 million domestically and $123.5 million globally to land the biggest debut of all time for a concert film. The film spans more than two and a half hours and features over three dozen songs.

It took less than 24 hours for the Taylor Swift | The Eras Tour to shatter AMC’s US record for the highest ticket sales revenue during a single day in AMC’s 103-year history. Advanced ticket sales are strong across the United States, from the largest cities to the smallest towns, and are particularly strong in premium large-screen formats like IMAX, Dolby Cinema, Prime at AMC, and other branded premium experiences.

The news comes as Swift releases her fourth re-recorded Big Machine album, 1989 (Taylor’s Version). The project features the original album re-recorded along with five From the Vault tracks for a total of 21 tracks. “Slut,” “Say Don’t Go,” “Now That We Don’t Talk,” “Suburban Legends” and “Is It Over Now?” are the vault tracks.

Upon its release in August, Swift achieved “the biggest debut for an album this year” with Speak Now (Taylor’s Version), her third re-recorded album, registering first-week sales of 716 thousand album equivalents in the US and over one million album equivalents worldwide, landing her at No. 1 on the Billboard 200. At the same time, the project made history by scoring “the biggest sales week for a re-recorded album ever,” besting even the one million first-week global consumption of Red (Taylor’s Version) in 2021. Plus, it notched the “second biggest vinyl sales week in Nielsen history,” following Taylor Swift’s Midnights. In addition, Swift is the first living artist in nearly 60 years with four of the top ten on the Billboard 200 with Speak Now (Taylor’s Version), Midnights, Lover, and Folklore.