According to Bloomberg analysis and evaluation, Taylor Swift – America’s favorite pop star – became a billionaire this year. Specifically, the female singer’s total net worth is estimated at 1.1 billion USD. Notably, the Look What You Made Me Do singer is one of the few entertainers to achieve the title of billionaire solely based on the music business.

The reason why Taylor Swift quickly achieved the title of billionaire is thanks to the Eras Tour concert series. According to survey data from August by the company AskPro, this shocking tour could earn 2.2 billion USD from revenue in North America alone. Notably, the tour has not ended yet and will continue next year, which makes the tour of the singer born in 1989 highly likely to become the highest-grossing tour in history.

Not only did she bring in huge revenue from the tour, Taylor Swift also brought in high profits when she released the concert film The Eras Tour. The film has currently grossed about 96 million USD in the US and Canada, becoming the highest-grossing concert film in North America in its opening weekend.

Not only did he become a billionaire, the pop star also boosted the economy in North American cities that were stops for his tour. According to the California Center for Jobs and the Economy, the last 6 shows in Los Angeles brought in $320 million to the city. Not stopping there, Taylor brought NFL football matches closer to people who don’t love sports after news broke that the singer was dating player Travis Kelce. NFL ticket prices increased more than 40% after Taylor Swift attended football matches.