Taylor Swift, at 33, is
on her way to becoming America’s youngest self-made female billionaire and one of the few magnate millennials who hasn’t made her fortune from meme stocks and cryptocurrency.
Her
Eras Tour concert film, released Friday, had advance sales of more than
$100 million, which is
expected to double within weeks. The tour itself has already become the highest-grossing concert series of all time and is on track to generate up to
$4 billion from ticket sales alone.
Swift’s great wealth — made mostly off low- and middle-income young Americans — brings great responsibility. For all of her
marketing power, which has recently helped to
boost NFL viewership (and, yeah, the whole
US economy), she has yet to make a significant mark as a philanthropist.