Taylor Swift has been declared a billionaire by business news outlet Bloomberg, as a result of her re-recorded albums, worldwide Eras tour, and lucrative concert film.
The outlet estimates 33-year-old Swift‘s net worth to be $1.1bn (£907.2m).
Her music catalogue since 2019 is worth an estimated $400m (£329.9m), ticket and merchandise sales from concerts have earned her $370m (£305.1m) while streams from Spotify, YouTube and other platforms are worth $120m (£100m).
Royalties from music sales come in at $80m (£66m) while the value of five properties she owns is $110m (£90.7m).
Bloomberg describes Swift as “essentially a multinational conglomerate with the world’s most devoted customer base, its most charismatic CEO and significant economic power”.
The outlet also predicts her wealth could be much higher, as its analysis is based only on assets and earnings that could be confirmed or traced from publicly disclosed figures.
The pop star has had one of the most prolific years in her two-decade career.
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The Eras Tour, in which she revisits songs from her 10 albums in a three-hour show, spans 146 dates across five continents.
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Taylor Swift’s film premieres
The Wall Street Journal reported that it is on track to become the biggest concert in history, with the potential to gross more than $1bn.
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Swift will tour the show in the UK next year, visiting Edinburgh, Liverpool, Cardiff and London.
But she has already brought the tour to cinemas across the world earlier this month, where it earned $164.8m globally in its first two weeks and broke cinema records in the US and UK.
The re-recorded version of her critically acclaimed fifth album 1989 was also released today. The record, which was originally released in 2014, is expected to become one of the highest-selling albums this year.
She released the re-recorded version of her third album Speak Now in July in addition to her second album Fearless and fourth album Red, both re-released in 2021, after a dispute with music executive Scooter Braun.
After he sold the masters of her first six albums, allegedly without her knowledge, Swift embarked on an ambitious re-record of her entire back catalogue to regain control.
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Swift also released several best-selling original albums in recent years – Grammy-winning folklore in 2020, evermore five months later and Midnights in 2022.
Oprah Winfrey, Sir Elton John and Barack Obama among the famous figures who have paid tribute to Quincy Jones following his death at the age of 91.
Following the announcement of his death on Monday, a string of friends, collaborators and admirers have been speaking out to praise the music producer and composer.
TV host Oprah Winfrey said her life “changed forever for the better” after meeting Jones as he helped secure her role in the 1985 film adaptation of The Colour Purple, which earned her an Oscar nomination.
Jones, the jazz musician known for collaborating with the likes of Frank Sinatra and Michael Jackson, wrote the film score and also co-produced the film.
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Quincy Jones dies aged 91
Winfrey wrote on Instagram: “My beloved Q. The world’s beloved Q. The one and only Quincy Jones ‘discovered’ me for The Color Purple movie in 1985. My life changed forever for the better after meeting him.
“I had never experienced, nor have since, anyone who’s heart was so filled with love.
“He walked around with his heart wide open, and he treated everybody as if they were the most important person he’d ever met. He was the Light. No shadows.
“He was love lived out loud in human form and he was the first person I ever loved unconditionally.”
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10 things about Quincy Jones
Whoopi Goldberg, who was also in The Colour Purple, also wrote on Instagram: “I was lucky enough to have him in my life for all these years.
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“My heart is breaking for his friends and his extended family who loved and adored him… my condolences.”
Former US president Barack Obama, who honoured Jones with the US National Medal of Arts in 2010, said: “For decades, Quincy Jones was music.
“From producing Thriller, to composing the score for The Color Purple, to working with Frank Sinatra to Ray Charles, it seemed like every big record – and every big film – had Quincy’s name on it.
“His music appealed to listeners of every race and every age. And by building a career that took him from the streets of Chicago to the heights of Hollywood, Quincy paved the way for generations of Black executives to leave their mark on the entertainment business.”
He added: “Michelle and I send our thoughts to Quincy’s friends, family, and everyone who has lived their lives to his songs.”
Sir Elton John remembered Jones as someone who had a more “incredible” career in music than anyone else.
He shared a photo with him at the Elton John Aids Foundation Oscar viewing party, and called him a “loyal supporter of this important fundraiser”.
The singer added: “Nobody had a career as incredible as Quincy Jones. He played with the best and he produced the best. What a guy. Loved him.”
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Rapper Ice T hailed Jones as a “genius”, while US Grammy-winner Lenny Kravitz said he was “speechless”, but added: “What a life. What an expression of authenticity. What a teacher. I am humbled that I was given the gift of your openness and friendship”.
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Singers react to death of ‘hero’ Quincy Jones
Destiny’s Child singer Kelly Rowland thanked Jones for being “such a wonderful teacher” and creating the soundtrack to “some of the most extraordinary moments” in her life.
Jones also helped to launch and was an executive producer on the popular US sitcom The Fresh Prince Of Bel-Air, starring Will Smith.
Smith said: “Quincy Jones is the true definition of a mentor, a father and a friend. He pointed me toward the greatest parts of myself. He defended me. He nurtured me.
“He encouraged me. He inspired me. He checked me when he needed to. He let me use his wings until mine were strong enough to fly.”
Chic co-founder Nile Rodgers, who was friends with Jones, shared a video that said “Rest In Power Quincy Jones. The Greatest of All Time”.
Peter Hook, the bassist and co-founder of Joy Division and New Order, wrote on social media: “It’s so sad to hear about Quincy Jones. When he signed us to his label, he made us feel so welcome – inviting us to dinner at his home every time we were in town.
“He made us big in America. He was so humble & sweet that you immediately fell in love with him.”
Hook added: “And to this day I still got a lovely message from him every year on Christmas and birthday cards! A musical genius and a great, lovely man.”
Amy Dowden will not take part in the rest of this year’s Strictly Come Dancing.
The professional dancer made a return to the celebrity contest this series after undergoing treatment for breast cancer and had been partnered with JLS star JB Gill.
However, the 34-year-old has now had to pull out of the competition due to a foot injury.
In a statement on Instagram, she said: “I’m so sad, so upset and asking why me, why now that our journey has been cut short.
“My heart right now is breaking having to pull out of the competition due to a foot injury.”
Dowden added: “I know only too well ‘this too shall pass’ and I’ll be soon better and back dancing. Something I’ve had to get used to in my life. I’m sure at some point we will dance again JB.
“To all the fans, to my loved ones, my strictly family thank you.”
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A spokeswoman for Strictly added: “Sadly, Amy Dowden MBE will not be partaking in the rest of the competition this year.
“Whilst Amy focuses on her recovery following a foot injury, fellow professional dancer Lauren Oakley will step in as JB’s dance partner.
“The health and wellbeing of everyone involved in Strictly are always the utmost priority. The whole Strictly family sends Amy love and well wishes.”
The news was first announced on Monday evening during the show’s spin-off programme Strictly: It Takes Two.
She was taken to hospital from the BBC show’s production centre, Elstree Studios, as a “precaution” after “feeling unwell”, a spokesman for Dowden said at the time.
Last year, Dowden found a lump in her breast while on her honeymoon in the Maldives with fellow professional dancer Ben Jones, and was unable to compete on Strictly.
After treatment for stage three breast cancer, she announced in February that tests showed she had “no evidence of disease“.
Dowden was made an MBE in this year’s New Year’s honours list for services to fundraising and raising awareness of Crohn’s. She was diagnosed with the disease as a teenager and is a UK ambassador for the charity Crohn’s and Colitis.
She was also admitted to hospital in Manchester following a Crohn’s flare-up during the 2022 Strictly live tour.
Dowden also said in her statement that in the past few months she had “finally felt like me again”.
She added: “Cancer was no longer the first thing I thought of when I woke up. It was choreography, music choices, which dances in which order, what we needed to work on. I felt free again.
“My goal since hearing those words you have cancer was to get back on the strictly dance floor. It’s been such a challenge to get back.”
Dowden also praised JB Gill for being the “perfect partner” on the dancefloor.
“I know you and Lauren will continue to ace that dance floor. I’ll forever be your biggest cheerleader,” she added.
Quincy Jones, the music producer and composer, has died at the age of 91.
Jones worked with Michael Jackson, Frank Sinatra, Ray Charles and many other artists.
Among his best-known credits was as the producer of Jackson’s historic Thriller album.
Jones oversaw the all-star recording of the 1985 charity record We Are The World.
He also composed the soundtrack to the hit 1969 British film The Italian Job, starring Michael Caine.
His publicist, Arnold Robinson, confirmed Jones died at his Los Angeles home on Sunday surrounded by his family.
In a statement, his family said: “Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’s passing.
“And although this is an incredible loss for our family, we celebrate the great life that he lived and know there will never be another like him.”
His family added Jones was “truly one of a kind” who they would “miss dearly”.
“We take comfort and immense pride in knowing that the love and joy, that were the essence of his being, was shared with the world through all that he created,” they added.
“Through his music and his boundless love, Quincy Jones’s heart will beat for eternity.”
His career, which spans more than 75 years, saw him achieve 28 Grammy award wins out of 80 nominations.
He was named one of the most influential jazz musicians of the 20th century by Time magazine.
Lionel Richie, who co-wrote We Are The World and was among the charity single’s featured singers, called Jones “the master orchestrator”.