From her well-liked “Eras” tour, American pop singer Taylor Swift is expected to earn $4.11 billion.
Taylor now has ownership of the most successful concert tour in the United States.
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She will also be making American economic history in addition to filling her own pockets.
Peter Cohan, an MBA professor at Massachusetts’ Babson College, has estimated Taylor’s multi-billion dollar windfall. He claims to have done the math for The Washington Post and produced some astounding results.
The estimated cut Taylor would receive would be greater than the annual economic output of 42 nations, and a $4.1 billion profit would be sufficient to send each American a little over $17.
Taylor will primarily profit from ticket sales and the sale of her highly sought-after merchandise, while hotels in the cities where the “Eras” tour makes stops will bring in $208 million, and that is only when the concerts are actually taking place.
In actuality, most visitors stay for at least one additional day.
The “Eras” tour has a tremendous impact on the economy as well.
One example is her six performances at L.A.’s SoFi Stadium.
A. injected $320 million into the county’s economy, her performances in Denver increased revenue by $140 million, and her stops in Kansas City and Cincinnati increased revenue by $48 million each.
The singer has already started giving away her money.
Her concert staff recently received bonuses totaling more than $50 million, and she also gave an extra $100k to each truck driver who transported her tour equipment across the nation.
She might also make more money from her concert movie, “Eras Tour,” which is in high demand in theaters and has surpassed $100 million in presales worldwide.
