In a recent Instagram post, hedge fund billionaire Ray Dalio expressed his support for pop superstar Taylor Swift as the next president of the United States. Dalio attended Swift's Eras Tour concert in Singapore and was struck by her ability to bring people together, stating that she could do so better than either of the current candidates, President Joe Biden and Donald Trump.

Dalio shared a selfie from the packed venue along with a caption, "@TaylorSwift for President! I just saw her at her concert in Singapore and realized that she can bring together Americans and people in most countries much better than either of the candidates, and that bringing people together is the most important thing."

The billionaire investor further emphasized the power of universal culture, noting how the concert made him and the diverse audience feel connected. He pondered the idea of having two candidates who could lead such a culture while making smart leadership decisions.

While the post was likely made in jest, it highlights the influential role Swift has played in politics. Her efforts to encourage voter registration in 2020 resulted in tens of thousands of young people registering to vote in a single day. Swift's support for Joe Biden's campaign against President Donald Trump further cemented her influence and led to right-wing conspiracy theories suggesting she was being used as a political tool.

Swift has not made any endorsements for the 2024 election, but she continues to advocate for civic engagement. Recently, she encouraged her enormous fan base of 228 million Instagram followers to participate in the Super Tuesday primaries.

Dalio, known for advocating a more centrist approach to American politics, previously expressed his support for former U.S. ambassador to the United Nations, Nikki Haley, as a potential candidate. However, with Haley's departure from the race, Dalio playfully suggests that Swift could fill in the gap left by her absence.

Additionally, the Eras Tour has been a tremendous success, becoming the most profit-generating concert tour in history. Spanning 152 shows across five continents over 21 months, Swift's tour has propelled her to billionaire status while boosting the economies of cities and states. Economists estimate that the shows and subsequent fan spending have added approximately $5.7 billion to the U.S. economy.

In Singapore alone, the six consecutive days of concerts are estimated to have contributed between $225 million and $300 million to the city-state's economy in the first quarter of this year, according to a Bloomberg survey of economists.

While Dalio's endorsement of Taylor Swift may be lighthearted, it underscores the megastar's ability to inspire and unite people through her music and activism. Only time will tell if Swift will continue to have a significant impact in the political landscape, but for now, the conversation surrounding her potential role as a presidential candidate remains an entertaining topic.