Taylor Swift, an American pop singer, is expected to earn $4.1 billion from her successful “Eras” tour.
This implies that Taylor now owns the most lucrative concert tour in US history, which will not only line her pockets but also help the American economy.
Taylor’s multibillion-dollar gain is estimated by Peter Cohan, an MBA professor at Babson College in Massachusetts. He claims to have calculated the numbers for The Washington Post and discovered some surprising results.
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Taylor’s anticipated cut would be greater than 42 countries’ annual economic production, and a $4.1 billion profit would be enough to send each American a little more than $17.
Taylor will make the majority of her money from ticket sales and her highly sought-after merchandise, while hotels in locations where the “Eras” tour stops will add $208 million to their coffers, and that’s just the night of the concerts. Most fans, in reality, stay at least one extra day.
The economic impact of the “Eras” tour is also significant. For example, her six gigs at SoFi Stadium in Los Angeles infused $320 million into the county’s economy, while her Denver shows resulted in a $140 million boost and her Kansas City and Cincinnati shows resulted in a $120 million increase.