Taylor Swift has been one of the most successful singer-songwriters in the United States and beyond for years and years. As a result, it should come as no surprise to learn that she has a huge net worth. However, the sheer size of her net worth can still come as something of a surprise, seeing as how Forbes estimated in August of 2017 that she was worth around $280 million at that time. Since Swift shows no signs of slowing down anytime soon, it seems safe to say that said figure has seen further increases since that time and will continue seeing further increases in the time still to come.
How Did Taylor Swift Reach Her Current Net Worth?
For the most part, Swift seems to have reached her current net worth by using the methods that most people would have expected from a successful singer-songwriter. Primarily, most of her income seems to have come from her music in some manner. However, she has had a lot of product endorsements as well, which have made considerable contributions to her net worth.
First and foremost, Swift became interested in becoming a professional singer-songwriter at an early age. This can be seen in how she submitted a demo tape consisting of karaoke covers to the record labels situated in Nashville when she was still at the age of 11, though in that incidence, she was rejected because she wasn’t offering anything that enabled her to stand out from other aspiring singer-songwriters. However, Swift wasn’t deterred by this initial failure, as shown by how her further efforts soon resulted in an artist development deal.
Eventually, Swift released her initial album in 2006. On it, she wrote three of its songs on her own while co-writing the eight other songs in collaboration with other people, which resulted in both critical and commercial success for herself. It is interesting to note that there was some pushback from the country music industry because Swift was still so young at that point in time, but as it turned out, her signing was a fortuitous choice because there was a considerable number of teenage girls who happened to listen to country music. Soon enough, Swift started releasing more and more music, which was met with more and more success. For proof, look no further than the fact that she has sold more than 40 million albums so far, which is in addition to the fact that she has collected 10 Grammy Awards as well as 23 Billboard Music Awards.
Due to this, it is safe to say that most of Swift’s current net worth has been built up through her music as well as music-related sources. However, it should be mentioned that she has other sources of income as well, as shown by her numerous product endorsements. For example, she has served as a spokesperson for the Nashville Predators at one point in time, which would be the NHL team based in that city. Furthermore, Swift has represented everything from CoverGirl to Verizon Wireless, which is in addition to her partnerships with various companies such as Target, AirAsia, and Qantas. Swift has even dabbled in some of the product lines that are so popular with successful singer-songwriters, as shown by the fact that she has launched four perfumes via Elizabeth Arden so far.
There’s More To Come
Summed up, Swift has reached her current net worth through her music as well as her product endorsements. In this, she has been helped to a considerable extent by her excellent reputation, which has remained more or less consistent over the entire course of her career. Sure, there are plenty of people who make jokes about Swift’s love life, but considering the extent to which she is in the spotlight, it is rather remarkable that there has been nothing more scandalous than that.
Regardless, it is clear that Swift’s net worth will continue to grow in the time still to come. After all, she has just released a new album in November of 2017. Furthermore, she has headed out on tour in support of said album, thus making it very clear that she remains one of the most powerful performers in the entire music industry and promises to remain so for the foreseeable future.