Taylor Swift’s 11th album, one of the most highly anticipated releases this year, is likely to break various records.
Taylor Swift is already having a record-breaking year and now her new album is set to boost her already impressive net worth.
In April, the singer landed on Forbes’ billionaires list for the first time. The business media outlet wrote that the 14-time Grammy winner reached billionaire status in October 2023, due partly to an «estimated $190 million post-tax earnings from her historic Eras Tour.» It also wrote that Swift was the «the first person to [become a billionaire] based solely on songwriting and performing.»
The Tortured Poets Department (TTPD), released April 19, is the pop superstar’s 11th album and one of the most highly anticipated records of the year. She shocked fans by announcing the surprise album while accepting the award for Best Pop Vocal Album for Midnights at the Grammys in February.
One can’t deny that Swift is one of the biggest stars in the world right now—and TTPD may well break a new world record upon its release. In turn, this will help her achieve more financial success.
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Newsweek emailed a spokesperson for Swift for comment Thursday.
Savannah Roberts is a freelance journalist and music expert who has been a Swift fan for years. She told Newsweek that it is «practically a certainty» that TTPD will surpass a million copies sold in its first week, becoming the sixth album of hers to achieve this milestone.
Roberts explained that with The Eras Tour being «the most global stage there is,» Swift has had a rare opportunity to market her new album to unprecedented levels.
«Midnights generated over $230 million in sales for Universal in 2023 alone, despite having been released in October the year before. Taylor’s first original release in nearly two years coinciding with the second half of The Eras Tour will no doubt project its cultural relevance and earnings to another record-breaking scale,» she said.
«Pre Midnights and pre-Eras Tour, Taylor’s net worth was estimated at around $570 million, it now sits at the $1.1billion mark … With 8 months of the tour remaining (that we know of) and another brand-new album, it’s likely this value will rise by another $500 million at a minimum. Considering there are two re-recordings left–the first and last of her pre-Universal Music Group days–another billion is likely in reach.»
This is in reference to the fact that since leaving Big Machine Records for the Universal Music Group in 2018, Swift has been in the process of re-recording her first six albums.
