According to a recent analysis by Bloomberg News, Taylor Swift has officially joined the league of billionaires, thanks to the unprecedented success of her Eras Tour.

At just 33 years old, the pop superstar's net worth has soared to $1.1 billion, with the tour playing a pivotal role in her wealth accumulation. To date, the Eras Tour has generated a staggering $700 million from ticket sales alone. This year, its 53 U.S. stops have contributed an estimated $4.3 billion to the country's gross domestic product, as reported by Bloomberg Economics. With 89 more shows still to come, tickets for the highly-popular tour have been in high demand, with prices reaching hundreds of dollars per ticket.

While Swift's fame extends far beyond the concert stage, her recent involvement in TV and movies has only added to her meteoric rise. Notably, she has been spotted supporting Kansas City Chiefs tight end Travis Kelce at multiple NFL games, gaining national attention as she roots for him alongside his family and fellow Chiefs supporters. Additionally, her concert film documenting the Eras Tour has proven to be a box office success, earning nearly $200 million globally. Its domestic opening of $92.8 million marked the second-biggest opening for any October release in history.

Within the music industry, Swift has taken matters into her own hands to secure her financial success. After discovering that she had no control over the master recordings of some of her most popular albums, she embarked on a mission to re-record them in chronological order. This initiative, known as "Taylor's Version," has been widely celebrated on social media. Her most recent release, a new take on her 2014 album 1989, features five new "vault" tracks. Over time, these re-recorded albums are anticipated to attract larger audiences through streaming algorithms, thereby increasing the value of the catalog rights that Swift now controls. In recent years, many artists have sold their catalogs for massive sums, often reaching hundreds of millions of dollars.

With her Eras Tour breaking records and her astute business decisions, Taylor Swift has not only established herself as an extraordinary musician but has also become a billionaire. Her undeniable influence in the entertainment industry continues to grow, as she sets new benchmarks for success both on and off the stage.