TaylorSwift is a self-made billionaire, having generated tremendous wealth almost exclusively off of her music. Other hyper successful pop stars and celebrities have generated lucrative streams income through brand partnerships or product lines that have nothing to do with their art, but have catapulted them to billionaire status.
Swift's income streams include revenue from her concert tour ticket sales, music catalog, streaming deals and record sales. She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune.
Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported. Her wealth is powered by her legions of loyal fans, whose spending on all things Swift-related make the pop star an economic engine on her own, bringing tourist dollars to the cities in which she performs.
The U.S. Travel Association estimates her Eras Tour generated more than $5 billion for local economies in the U.S. alone. Since she began dating Kansas City Chiefs tight end Travis Kelce, Swift has even boosted the NFL's number of fans and Americans' spending on football.
In addition to being a uniquely talented musical artist, Swift is an exceptionally savvy business person who has expertly managed her brand from the beginning of her career, according to industry analysts.
"At the time of her debut album 2006, musical physicals, meaning CD and vinyl sales, had been wiped out, so the name of game was to create enough music that was worth touring," labor economist Carolyn Sloane, who teaches a "Rockonomics" course at the University of Chicago's Harris School of Public Policy, told CBS MoneyWatch.
Sloane added, "She set herself up early on to do that successfully by establishing herself as a great songwriter and storyteller. She had a vision of what it would take to be compelling on the road."
While her most lucrative revenue stream has been income from her live concert tours, she has also maximized her earnings through other avenues, such as sync licenses, which refer to the deals that are struck when her songs are matched to visuals, like in movies or commercials.
Live performances are the greatest income generator for Swift, who is in the midst of her Eras Tour, the highest grossing music tour of all time and the first to cross the billion dollar mark at the end of 2023, according to Pollstar. Bloomberg estimates she has earned at least $370 million from touring over the course of her career as a musical artist.
"We consistently see other artists underpricing tours and leaving so much money on the table because the secondary market is profitable," Sloane said. "Taylor is pricing much closer to market demand than her peer artists, and she has an authenticity and level of trust with her fans that allow her to do that."
In other words, Swift is capitalizing on every moment she spend in the public eye "to make it count for her business and try to bring money back for herself and the people who work for her," Sloane said.
Swift is estimated to have earned $175 million through her contracts with music streamers including Spotify, Apple Music and others, according to Bloomberg's estimate. The deals make her array of original songs available to the services' subscribers.
In 2019, Swift feuded with Scooter Braun, owner of her former label, Big Machine Records, over the ownership of the masters of her first six albums. She subsequently re-recorded and released new versions of her earlier work to reclaim ownership of her songs. Her music catalog is worth an estimated $400 million, according to Bloomberg.
"Taylor Swift's catalog of music reigns supreme in both the digital and terrestrial radio formats, seemingly amassing an average of over 4 billion streams and 1.2 billion in airplay impressions per quarter in the U.S. alone during 2022 and 2023," Alex Heiche, CEO and founder of Sound Royalties, told CBS MoneyWatch.
In 2022, she released her 10th album, "Midnights," in vinyl with different colors and at different price points. Diehard fans could collect all four, which could be placed together to form a wall clock.
Swift owns both a condo and estate in Nashville, Tennessee, plus second, third and fourth homes. She has an estate in Los Angeles, an apartment in New York City's TriBeCa neighborhood and a seaside summer home in Watch Hill, Rhode Island.
I've long been a bit of a closeted LeBron James defender. You gotta be careful when defending LeBron here at Barstool Sports. The company line has long been that LeBron is a self-absorbed alcoholic communist who isn't worth of being compared to the gum on the bottom of Michael Jordan's shoe. But personally, I think he's a good basketball player and overall a pretty solid human being. But don't repeat that.
I don't have much of a defense for this move though. It's just very stupid. I couldn't care less about anyone taking money out of YouTubeTV or ESPN or Big Cable's pockets. Fuck those guys. But using illegal streams is just a terrible experience. The websites are shady, the streams are unreliable, they're littered with pop-up ads. Every time I'm done using one I feel like my computer needs a shower. Every once in a while you'll catch a hot streak and go a few weeks, or maybe even a couple months without any real issues. But the moment you're relying on a website like Stream East for a game you really need to watch, it's going to crash out. Then you're sitting there refreshing your computer like crazy, Googling "free mavericks timberwolves stream", clicking on every suspicious link under the sun. Nobody wants to do that.
Some people who watch this video will do the whole, "LeBron James is using Stream East! He's just like us!" thing. But that's very stupid. He's not like us. He's LeBron James. Although I can't completely put it past LeBron that he would do this in hopes that someone would take this exact video and the internet would say, "Wow! How relatable of him!." But that would be psychotic behavior. He can't be that crazy... right?
LeBron James using Stream East is just objectively making his life harder. YouTubeTV is what, $75 per month? The minute I was making over $50,000 per year I retired from the illegal stream life (except for to watch RedZone because that shit is expensive, but even I bit the bullet on that recently). LeBron is a billionaire. The process of closing out the ads on Stream East alone probably takes longer than buying a YouTubeTV subscription. You're being dumb LeBron. Just buy any sort of Tv/cable subscription. You're taking Stream East bandwidth away from the people who actually need it.
Floyd Mayweather, the legendary boxing champion, is renowned for his extravagant lifestyle and love for luxury timepieces. The Floyd Mayweather watch collection is a dazzling display of horological excellence, featuring an array of prestigious brands and exquisite designs. As diverse and captivating as his boxing career, the Floyd Mayweather watch collection represents the same dedication to excellence and style that has come to define his extraordinary success in the ring which reminds me of Conor McGregor and Andrew Tate.
I'm not surprised to see his collection of crazy watches that cost a fortune, such as his $ 18 Million Jacob and Co. Billionaire watch because he earned a lot of money. According to Forbes, he earned $275 million in his 2017 fight against Conor McGregor and $250 million two years earlier against Pacquiao.
Yohan Blake worked with Richard Mille to develop a special calibre designed for sprinters worldwide. This watch shows the accomplished mission - an aerodynamic, ergonomic, and high-performance tourbillon watch that meets the sprinter's requirements.
Another Richard Mille watch in his collection is the RM35-02 Tourbillon Rafael Nadal. This edition takes luxury a step further by adding diamonds to the bezel of the revolutionary TPT (Thin Ply Technology) Quartz case.
It is a heavy diamond-set version of AP's iconic sports watch. Its case and bracelet are set with a total of 474 baguette-cut diamonds for a total of 47.20 carat. The dial is set with an additional 116 baguette-cut diamonds (7.32 carat).
At first, I thought it was an official model from Audemars Piguet, but apparently, it's not. This is a Royal Oak Rainbow Chandelier customized by Eric Da Jeweler. The watch is set with aftermarket diamonds all over the watch - on the dial, bezel, bracelet, and crown.
Mayweather is without a doubt one of Jacob & Co.'s most devoted customers, owning a slew of timepieces from the New York-based jeweler. Let's start with this one: Jacob and Co. Rainbow Tourbillon which was exclusively made only 1 piece worldwide.
According to the brand, the Rainbow Tourbillon Collection represents the groundbreaking pieces that sparked a revolution in watch design. With a Multicolored dial in 18K white gold case set with 416 diamonds, they inspired countless competitors but remain unsurpassed
The 18kt white gold case features an 18k white gold bezel invisibly set with diamonds and an invisibly set baguette diamond dial with black accent hands. As part of Jacob & Co heritage timepieces, the Royal Collection represents the groundbreaking pieces that sparked a revolution in watch design.
I saved the best for last. The last watch is certainly the grandest of his collection: The Jacob and Co. Billionaire III, which was introduced at Baselworld 2015. This is definitely the most expensive Floyd Mayweather watch in his collection.
Mayweather $ 18 Million watch is enriched with 260 carats of emerald-cut diamonds, its case is rectangular with a skeletonized dial. It houses a tourbillon movement. The movement is also on display in the middle of all that bling. In addition to this, the entire 18-karat white gold case and bracelet of the timepiece are diamond-set with stones that weigh as much as three carats each.
Floyd Mayweather's most well-known wristwatch is without a doubt his billionaire watch from Jacob & Co, which costs an eye-watering US$18 million and ranks among the most expensive watches in the world. Simply searching "billionaire watch" will reveal how much attention he has earned for wearing a timepiece for which you could have bought ten more watches from Richard Mille for the same amount, which is likely exactly what the great boxer desired.
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