Taylor Swift enters billionaire club

Taylor Swift's annual earnings have soared past the $1 billion mark, marking her entry to the billionaire's club, according to a Bloomberg report. The singer's

Eras Tour

, has proven to be one of the most successful concert tours in the history of music. This tour has generated millions in revenue for the singer.
Taylor

Swift's reimagined versions of her classic albums 'Speak Now' and '1989,' aptly titled "

Taylor's version

," have contributed significantly to her rising fortunes.

Additionally, Swift has become one of the most widely listened-to artists of all time with over one billion streams on Spotify.
According to the Bloomberg report, the 53 US concerts she performed this year have contributed $4.3 billion into the nation's gross domestic product. The Eras Tour itself is said to generate $4.1 billion.
(with inputs from agencies)