Taylor Swift Set to Surpass $3 Billion Rich Michael Jordan and LeBron James with Single Tour Earnings

LeBron James is the only active NBA player to become a billionaire. Meanwhile, Michael Jordan became the richest NBA player ever after selling his majority stake in the Charlotte Hornets. However, it took them years to reach there. While their NBA salaries did not account for much, they earned most of their fortune from endorsements and investments.

Meanwhile, in another episode of Taylor Swift shattering records, she is set to surpass the likes of both Jordan and James with earnings from a single tour.

Taylor Swift to surpass LeBron James and Michael Jordan

While Swift is a leading cultural icon with several hits over the years, her earnings are also unprecedented. Blondie is no stranger to selling out stadiums. However, her recent tour has broken all previous records. Taylor Swift’s Eras Tour began in March 2023 and is slated to continue till November 2024. She just completed the first leg of her Eras Tour, and she is set to keep breaking records as the tour progresses. As per the Washington Post, when all is said and done, Swift might make a jaw-dropping $4.1 billion from her Eras Tour.

These eye-popping figures were suggested by Peter Cohan, an associate professor of management at Babson College. The study assumes that Swift would keep the typical artist?s share of about 85 percent of tour revenue. In order to put things into perspective, it exceeds the annual economic output of 42 different nations. Not only that, the ‘Eras Tour’ concert movie hit the silver screens, with presale eclipsing $100 million globally. With these dazzling numbers, she is set to surpass basketball greats LeBron James and Michael Jordan with earnings from just a single tour.

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As of now, Taylor Swift’s net worth stands at ?$740 million dollars, while LeBron James earns a staggering $1 billion. Topping the list is Michael Jordan, who has a $3 billion net worth. However, the American singer-songwriter might soon outclass both of them with her Eras Tour earnings.

How have the three superstars impacted the economy?

All three superstars have had a huge impact on the economy. Not only has the Eras Tour raked in cash into Taylor’s account, but it has also given a massive boost to the US economy. By the end of the US tour, the economy will get a $5.7 billion?boost, just from a single tour. To paint a more accurate picture, it is enough to give every American $17.10.

Meanwhile, MJ’s contribution cannot be discredited either. According to a 1998 Fortune magazine report, Michael Jordan was estimated to have a $10 billion impact on the US economy in his 15-year-long career. On the other hand, one study showed that James had contributed a total of $396 million, 3,000 jobs, and $29 million in state tax revenue over the length of a five-year contract with Los Angeles.

A Harvard study states that James’ presence increased the revenue of bars and restaurants in Miami and Cleveland by 12.8% and 13.7% respectively. When he left the Miami Heat, the value of the franchise went from $476 million to $355 million. On the other hand, the value of the Cleveland Cavaliers soared from $515 million to $1.3 billion in a day when he returned.

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