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American pop singer, Taylor Swift is projected to rake in $4.1 billion from her popular “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.
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 took in $320 million, while her Denver shows brought in $140 million, and her stops in Kansas City and Cincinnati brought in $48 million apiece.
The singer has already begun to share her fortune. She recently gave out almost $50 million in total bonuses to her concert staff, as well as an extra $100,000 to each truck driver who transports her tour equipment throughout the country.
She might possibly make more money from her ‘Eras Tour’ concert film, which is in high demand in theaters, with pre-sales exceeding $100 million globally.
