June 23, 2024

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How billionaires increase their wealth

How billionaires increase their wealth

8 November 2023 – at 15:27

The 33-year-old has become the first musician to achieve billionaire status through her music alone.

Young singer Taylor Swift He is currently worth $1.1 billion and has become a financial phenomenon. with the roundTour of the ages“The one that landed in Argentina managed to collect US$780 million from ticket sales alone. In this way, The 33-year-old has become the first musician to reach billionaire status thanks solely to her music and live performances..

Now, Taylor can increase his wealth by investing in the stock index. singer He was recently named a billionaire Forbes He earned $18 million from his first solo tour in 2009.

If the young artist had chosen to invest this amount in… Standard & Poor’s 500 Index -From 2009 to 2023- which with reinvested dividends earned an A Average annual return 14.1%That $18 million would currently be $114 million, due solely to the performance of the S&P 500.

Therefore, Taylor’s wealth will likely be transferred to… Billion dollars in 2048.

When does Taylor Swift play in Argentina?

The young singer sets foot on Argentine soil This Wednesday in 12:30He arrived on his private plane to Ezeiza International Airport.

The singer, songwriter, producer and businesswoman will perform three shows each day November 9, 10 and 11 in it River playgroundAs part of his successful world tour “Tour of the Ages”.

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