Yahoo Finance How Real Estate Helped Taylor Swift Become A Billionaire
Taylor Swift's blockbuster Eras Tour combined with the value of her music catalog propelled the pop star to the ranks of billionaire in October.
Although her undeniable talent is a big piece of how she landed in the upper echelon of wealth, Swift's business acumen is what put her over the top. Swift strategically diversified her portfolio, capitalizing on various revenue streams. Her savvy investments in real estate, technology and brand partnerships all contributed to her financial success.
Since 2011, Swift has amassed a real estate portfolio valued at more than $125 million. Take a look at the properties she owns.
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New York City
Swift ventured into the New York City market in 2014 when she paid $19.95 million for two adjacent penthouses in the Tribeca neighborhood. She has since acquired nearly the entire block, buying the second floor of the building for almost $10 million in 2018.
In 2017, she bought a 100-year-old townhouse next door for $18 million. The seven-bedroom, six-bath, three-story residence came with a gym, spa and wide-plank oak floors. Swift has applied for permits and work orders for more than $1 million of renovations to the property.
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Watch Hill, Rhode Island
Swift paid $17.75 million in cash for a 12,000-square-foot Rhode Island home on 5 acres with more than 700 feet of beachfront on the highest point in Watch Hill. The house has eight bedrooms and eight fireplaces.
Nashville, Tennessee
Swift, 34, made one of her first real estate purchases on Nashville's Music Row when she was 20. She paid $1.9 million for a 3,240-square-foot three-bedroom corner duplex at the Adelicia complex, which has a heated Olympic-length pool and personal trainer.
In June 2011, Swift bought Northumberland Estate for $2.5 million. The 5,600-square-foot main house and 2,000-square foot guest house are on 6 acres in Nashville's exclusive Forest Hills suburb.
Los Angeles and Beverly Hills, California
Swift has bought and sold a few of her California residences — the first for $4 million and the other, which she used as a guesthouse, for $2.65 million.
She still owns one property in LA, a 1934 Georgian Revival estate she purchased in 2015 for $25 million. The 10,982-square-foot home has seven bedrooms and eight bathrooms. The Beverly Hills Cultural Commission recently approved turning the home, once owned by Hollywood film producer Samuel Goldwyn, into a historic landmark.
From historic mansions to sleek modern penthouses, Swift has curated a collection of properties that reflect her keen eye for investments and solidify her status as a savvy businesswoman.
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