TBH, good for her. She's worked hard and earned it, and donates to charities, food banks, and causes over the years. She pays her staff well and gives out enormous bonuses (50 million this year alone to her tour staff). She pays her taxes, etc. You don't hear about legal, employment, etc issues from her. I do hope one she creates some sort of foundation or charity, but, at least it's going to a deserving and good person that's worked hard for the wealth she has, and done it through smart choices, rather than exploiting people and laborers and the system.
@@legalfictionnaturalfact3969 u crazy? she was higer middle class! her dad had networth around 150K in 2005 so, you're telling me that 150k is the reson that she has 1000 million now ?
While I wouldn’t call myself a Swifty, I respect her as a businesswoman, and I think she is a great role model for young women to follow your dreams and gain financial independence. One of my favorite lyrics growing up was when she said “ back, then I swore I was going to marry him one day, but I realized some bigger dreams of mine.” It’s just so so true.
@@legalfictionnaturalfact3969 she wasn't born as a millionaire lol! let's say even if did, there's so many artists comes form actual wealthy backgroounds and still can't generate anything, stop downplaying her success she always been a extremely hard working person that's the main reson she's on TOP!
@@TheStepmonkey she has no friends? no colleagues? those are all relationships. and why would relationships = happiness? taylor is happy because she is untouchable. because she was born 1%.
They forgot her house in Paris. She gave her crew (those working on the Eras’ tour) a bonus of $100,000,000. There were a lot of people working behind the scenes. She gave money to food banks in the cities where she played. Two countries begged her to have concerts in their cities but she declined. There reasoning was that she brings in so much money. People travel to get to the concert, spend the night in a hotel, eat meals while in the city, and gas up when they leave. Plus everything needed for the people involved in the tour. Place to stay, food, gas, etc. This really brings in extra money for the cities, their businesses, etc. She donated quite a bit to food banks in the cities she had her concerts at. She’s a great humanitarian.
People hating on Taylor Swift, she self made, pure hard work & generous artist who has donated millions & still people having issues. What a world we live in 😂
@@versaknight STOP THE MISINFORMATION! IF YOU DON'T KNOW DON'T SPEAK! there's a thing called carbon credits, which is something you can pay and reverse the damage that has done by your jet or whatever thing! AND SHE HAS PAID DOUBLE THE AMOUT SHE SHOULD HAVE PAID! so actually she has contributed to the better helath of the world
None of this takes into account all her Sponsorship deals, and merchandise sales. I'm pretty sure that Taylor has been a billionaire for quite a long time now, maybe as far back 5 or more years.
She's the most powerful woman in the world. I don't think anyone else will come around who is more charismatic and talented. And if they do, she paved the way...
She is the best singer and songwriter of our generation. She has had the best comeback in the history of the entertainment industry (yes I am talking about reputation era). She is a role model for all. My Queen deserves it all. Love you Taylor. ❤
Big reason to her success as a business woman is having a parents who have better financial literacy and fully support her career. Her father was an accountant and her mother was marketing executive in the past.
This video seems like an auditors nightmare. Income is being mixed with assets. This is an incomprehensible jumbled mess and doesn't even mention an equities portfolio. Given her parents background there is no way she doesn't have extensive holdings.
She's been doing all of this over 17 years and we haven't heard of any tax or fraud or legal issues from her. I'm sure she has a team(s) of accountants and lawyers that handle her taxes for her. Plus, yes, her parents both worked in finance.
@@AleksandrCyplakov-zc3hy No I meant the estimates of her wealth. The video uses sales numbers and income estimates and assumes they correlate with wealth. If you earn 3 billion dollars and spend it on escorts, drugs and quickly depreciating assets, you definitely will not have 3 billion dollars in wealth. I know this isn't the case with Swift, but the broader point stands.
Thanks to Taylor Swift I know about Master Recordings Thanks to Taylor Swift I know the importance of fighting for what's right. This is woman is phenomenal. What a time to be a Swiftie❤🎉
No one deserves a billion. We're in a global recession and he's hoarding all the wealth and won't even lower her prices for her fans. She sees you all say you spend your rent money on the tickets and she'll smile at that and let you starve.
That's just an estimate. You did not even itemized her expenses. She has a multitude of people that works for her, that also has salaries. In Mexica, she paid for.rooom of everyone. What about taxes, gifts that she gives, charities that she donates to. And when she eats out with her friends, her bodyguards (who probably holds her card) pay for everyone. If she is generous to her friends, obviously she is generous to her family. And Olivia Benson her cat is worth US $ 97M. Where in Taylor's fortune is that? Did they actually gave 97M to Olivia?
Hard work pays off. Go Taylor you have accomplishes your musical dream and in doing so you have also helped others in many ways. As for the criticism, we’ll that can work for her too, making her a better person. Criticism only hurts when when you let it and some people never like to see others succeed. Taylor has been at this for a long time. May her star continue to shine bright.
All artists should keep the master's of their albums. No doubt they're being racketeered by the "tax thieves" Ye mentioned. The royalties are where the real money is.
Yup. The issue is that when they're first starting out, like Taylor, they might be young, inexperienced, or lack the money and resources, lawyers, or power to advocate for or demand that or get it from record labels. At least Taylor has brought this to the attention of a generation-plus of new singers, bands, artists.
Maybe it's because she donates a lot and just has music as her main source of income? Unlike other billionaires in the music industry, who have multiple streams.
$1B as an artist is absolutely mind-bogglingly insane. She’s the only person that I’m aware of that has become a billionaire without starting some business like a makeup or clothing line, selling headphones, or whatnot. Her earnings are purely from her music which is just insane
shes got balls. yes, no do or dont do anything, its cut in dry no politics, plan the plan, work the plan, no such thing as , excuses, staying her path, total disreguard for B,S, NOISE.
The reason musicians have a tendency to horribly drop in net worth in the latter years of their lives is simply because their asset compositions usually lack longevity and cash flow. Music Rights will eventually lose a lot of value. Unfortunately, those properties are all in use and not RENTAL so eventually she is gonna end up ASSET RICH and CASH POOR. They really need to think about ASSET COMPOSITIONS because I don't see many long-term cashflow-generating assets there.
This is juvenile for me to say but my mind thinks "wow joe j broke up w/ a billionaire over the phone in 10 seconds". It's random what your mind remembers.
@SuYeolYam Mariah Carey, Whitney Houston, Madonna, Celine Dion, Janet Jackson, Cher, Tina Turner.. These some of the best female music artists ever and Taylor Swift ain't on their level... She definitely ain't on Michael Jackson's or Prince's level...
Dudes, you're late to the game. She's been a billionaire for awhile now. Also, your The Eras tour numbers is wrong. Way wrong. But we'll wait for the actual numbers from Pollstar & Forbes.
"Taylor a great role for young woman" yeah goes through men like tissue paper and people don't bat an eye and call her you know what for fear of her army of blind loyalists like a cult in everything but name. I know it's her life but I kinda low key feel bad for her someday that will catch up to her if it hasn't already when all the lights are off.
Your comment is possibly a reflection of your own self-judgement about being unworthy, having fears around money, and your judgement of a total stranger without any basis. People can be talented, work hard, be creative, invest wisely, make good business decisions, love what they do, and be beautiful inside and out. Taylor is a generous philanthropist and provides a service to uplift mankind through her music, which is not dark, disrespectful of women and children, and doesn't promote plastic surgery and fake hair. I'm genuinely happy for her and respect her as a business woman. I wish her a healthy and happy life filled with many blessings!
