Summary

  • Taylor Swift spends her billion dollar net worth on many things, including real estate, travel and charity.
  • Swift has made smart investments in real estate, with a portfolio of eight properties worth over $80 million.
  • Despite some controversy surrounding Taylor Swift's private jets, she is also known for her charitable donations, supporting causes like education and disaster relief.

Taylor Swift just crossed over the threshold of being a billionaire, and she has some interesting ways of spending her net worth, including on going out, traveling and real estate. Swift first rose in popularity as a country music artist when she was still a young teenager. After making the transition into pop music, her fame only continued to grow.

Unlike many other celebrities, Taylor Swift has not ventured into side gigs to earn her net worth. Swift has earned a billion dollars through her music, tours, and tour merchandise, and a few endorsements. This is an impressive feat, considering other celebrities typically have various sources of income to achieve being a billionaire. Now that Taylor Swift's net worth has made her a billionaire, here is how she spends her money.

How Much Taylor Swift Spends On Houses

When Taylor Swift began to rise in popularity and Taylor Swift's net worth began to grow, the songwriter was quick to get to work on good investments. She is very smart with her money, and one of the things she has done to hold assets is build up an expensive real estate portfolio.

Her portfolio includes eight properties in the United States of America, and it is estimated that Swift's houses are worth more than $80 million.

Taylor Swift at a concert in China  in 2014
Taylor Swift is the most popular music star
Via: Depositphotos

In Nashville, Tennessee, Taylor Swift owns two pieces of real estate. She bought a condo on Music Row when she was only 20 years old. She also owns a 1934 Greek Revival mansion which is estimated to be worth $2.5 million.

Previously, Swift owned three properties in Los Angeles, California. In 2018, however, she sold two of those houses. The mansion she still has is worth almost $30 million, making it the most expensive piece of land in her portfolio.

With how much Taylor Swift loves New York City, it is not surprising that she also owns three properties in Tribeca. What is surprising, however, is that they are all right next to each other. In one building, Swift owns a condo and the penthouse, and she owns the townhouse directly next door.

Taylor Swift's most famous property is the one she owns in Watch Hill, Rhode Island. The mansion has seven bedrooms and sits right on the shoreline, giving Swift incredible ocean views. Purchased in 2016, Taylor Swift's Rhode Island property was the inspiration behind her song "The Last Great American Dynasty," which was featured on her album Folklore.

Taylor Swift's Spends Money On Nights Out

While Taylor Swift was dating English actor Joe Alwyn, the couple isolated themselves quite a bit. That meant that Swift was not seen going out very often, which was a big change from how she used to spend her time.

Now that her and Alwyn are no longer together, Taylor Swift has returned to her fun outgoing ways. She particularly loves to go out with friends when she is in New York City.

Some of her favorite places to go with friends are The Fat Radish, The Spotted Pig, Sarabeth's, L'Asso, Nobu, and Vita Carota. And when Swift goes out with her famous friends, they typically rack up quite the bill.

Swift is also known to have some fun nights out with romantic interests. She has traveled around the world with her previous boyfriends quite a bit, and now she can be seen spending quality time with football star Travis Kelce.

Taylor Swift's Net Worth Goes Toward Charity Donations

Taylor Swift's net worth does not all go toward frivolous luxuries. In fact, Swift has a long history of donating large sums of money to charities around the country.

When Taylor Swift turned 24, she donated $100,000 to the Nashville Symphony on her birthday. She's also known to provide support during national disasters. She gave $1 million to victims of the Louisiana floods.

Taylor Swift
Taylor Swift posing
via Instar

Swift is very passionate about education as well, which inspired her to pledge $4 million to the Taylor Swift Education Center and consistently donate to public schools in New York City.

The pop singer has recently been in the news for her Eras Tour, specifically for how she has been improving the cities she has visited on the tour. Not only do her shows bring in a great deal of revenue for the city, but Taylor Swift has also donated to food banks in every city.

In addition, during her record-breaking Eras Tour, Taylor Swift also spent more than $50 million of her own money to provide bonuses to hundredes of the tour's support staff, including gifting each truck driver with $100,000.

Why Taylor Swift Spending Money On Private Jets Became Scandalous

Taylor Swift has to get around the world somehow, and her celebrity status typically prevents her from being able to safely using commercial forms of travel. In order to ensure her safety, Swift reportedly owns two Dassault private jets.

Though it is unknown exactly how much Taylor Swift paid for the jets, or what she pays for fuel and storage of the jets, it is estimated that each jet cost roughly $26 million.

As a celebrity, Swift has a great number of obligations around the world. This is particularly true when she is touring, as she must quickly get from one concert to the next. When it is an international tour, the only option is for Swift to fly from country to country.

Taylor Swift performing while wearing black onstage
Taylor Swift concert
Via: Instar

Unfortunately for Taylor Swift, her ownership and usage of these two planes caused some controversy. Sustainability marketing firm Yard accused Swift of being the highest celebrity polluter.

Yard claimed that in 2022, Swift's flights totaled to 22,923 minutes of flying time. However, the average duration of a flight was only 80 minutes.

Representatives for Taylor Swift disputed these claims, explaining that the pop star often loans her jets out to friends and colleagues in order to ensure their safety, as well as her own.

Nonetheless, while a lot of Taylor Swift's billion dollar net worth goes toward charitable causes, she has been known to splurge for traveling and friends.