It's it odd how the media picks and chooses who to call out on making "too much" money.
She must be the wrong type of millionaire or something
this post was submitted on 06 Dec 2024
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She must be the wrong type of millionaire or something
She isn't one at all, she's a billionaire, and she's definitely not a fucking victim.
If anything, it's her fellow billionaires not getting enough shit, not her getting too much.
She is a paper billionaire. She is worth all that money if she sells the rights to all her songs, which she just remade to reclaim her rights to those songs, so she isn't interested in selling.
She might be worth a lot, but she doesn't have thatmuch because autonomy is worth more to her than money.
She's not hurting, that's for sure, but she doesn't have money like people say.
Every billionaire is a paper billionaire. Like the others, she can borrow against the value of her assets.
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Even if she did have the cash, she's an artist who makes things that people love. You don't need her art to live like you do healthcare and food so as much as I hate billionaires, she's not anywhere near the same level of bad
And you, like, see her recording new albums and performing it live on tours, building an image etc. It is more labor than most billionaires do even though she's well-assisted. Most fucking golfies delegate their stonks to professionals and do nothing beyound socialising with equals and hearing from serfs. In a sense, she's a medieval noble that don't just burn through her wealth like there's no tommorow but also indulge herself in art that makes traction outside of her bubble, regular people resonate with her music and that itself gives her some significance. School curiculum on humanities are filled with the likes of her.
Yeah, there's nothing abstract about how she got her wealth. We all see her do the things that make her money and it doesn't involve fucking people over. Can't say the same about most billionaires
And she'd probably be less uncomfortable about forteiting her wealth while securing her comfort and a way to keep creating and singing for people. At least that's what I idelastically think about artists going rich.
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From my quick look at the source, this headline is just plain wrong. They simply multiply concert attendance by ticket price and call that Swift's earnings. I'm assuming that other people need to be paid from those sales- like, I dunno, the production team, the dancers, the suppliers of staging, the ticket distributor, the cleanup crew, the people who make the lunch for the crew, the people who supply the ingredients for the lunch, the people who co-ordinate the vehicles that deliver the ingredients, the website design team, the stadiums themselves...
Without weighing in on the subject of TS being a billionaire, it's just a terribly written article. Essentially just repeats the same phrases over and over about a handful of different states.
~~Also, where the fuck did they get an average lifespan of 47.9 years???~~
~~> residents would still need to work a whopping 215 years, or 4.59 lifetimes...~~
~~215 / 4.59 = 47.98~~
My mistake. It didn't click for me that the article is talking about working years, not lifespan. Still a shittily written article.
Believe it or not, you don't work your whole life. If you start working at 19 and work until retirement age(67) that's 48 years
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It's probably LLM ("AI") generated. As we all are probably aware now, it's anything but intelligent. It just says bullshit confidently. The average lifespan number probably comes from some third world countries wiki page or something, but it doesn't understand context and just uses pattern matching to fill in the next expected word. It doesn't know what the information came from or how to apply it to other information.
Ticketmaster takes something like half straight off the top. Then there's a separate venue owner much of the time, concessions, technical staff, security, medical, and finally Swift's staff who build the stage and maintain her equipment, any other talent on stage and then, the last person to get paid is Taylor Swift.
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Also
Here is my wild take: Making that much money by performing a concert is perfectly fine. Performing a concert is work. People who went there clearly consent to that.
In my opinion, this is different to making money by investing that is meaning making money by just owning stuff.
Pretty sure she has financial managers to keep her earned money working for her by investing in stocks and bonds and such.
Probably. And that is problematic. But it is a completely different criticism.
Why is that problematic? Is it because you think that that is even possible is bad? Or that her investing her money is bad.
I'm genuinely curious.
Right - this is not passive income. She's just massively in-demand, and can only exist in one place at a time.
How much goes to everyone else at the venue would be a different conversation.
I'm all for trashing Healthcare CEO billionaires, but dammit... TayTay earns her money and doesn't intentionally kill anyone doing it.
No billionaire is an ethical billionaire
Capitalism is a system based on exploitation. She takes far, far, far more than her fair share, leading to others losing out.
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The article doesn’t really specify, but it looks like they’re pretending she keeps all the money to herself. Weird comparison.
I've heard she pays her people pretty well, but I'm not in that industry so idk.
I'd say her being the only person able to get anything produced during the SAG-AFTRA strikes is why she's being targeted. She proved that meeting their demands is still profitable.
https://fortune.com/2023/09/19/how-taylor-swift-made-eras-tour-movie-during-hollywood-strike/
And she's not on the list of the top richest people in the world.
If you look at her life style, she's not doing much better than Mick Jagger or Michael Jackson were when they were at the top.
On the other hand, look at the salaries of executives. CEOs who used to make 50 times what their employees made are a thing of the distant past.
Not specific to TS but for me personally, I’m just fucking sick of billionaires in this day and age. When so many are struggling just to make ends meet. It’s not their fault they’re this disgustingly rich, but it doesn’t make their unbalanced existence on this planet any easier to digest.
It’s not their fault they’re this disgustingly rich
Whose fucking fault is it then????
The people giving them the fucking money?? Stop buying their shit
Seriously. There are some seriously stupid takes in the comments.
Theres a clear difference from a rich person making money from selling their art and goods, and a rich person denying health claims that people pay for to make themselves rich.
If you don't like Taylor Swift taking your money, then why the fuck are you giving her money?
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The people who very loyally buy her tickets and her songs. She is rich because her product sells a lot. That's it. If I made a product that sells a lot, be in high demand, and had a fanatic following, I would be rich as well.
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Grosses, right? Do I need to wade into the article to find out where the math errors and artistic license are on reporting the income for someone I don't know, will never know, and don't much care about?
She sings well. She presents as a decent person. She's making a lot of money providing a non-essential service people are dumping loads of discretionary spending on, and ancillary businesses in her touring path feel some osmotic benefit.
Cool.
Can we prioritize the Galen Westons and Trumps of the world for our hate and scorn? They seem to be doing far worse on a smaller scale that needs to be smaller still.
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There are hundreds of famous billionaires. Why the focus on her?
Strong public perception. Swift is often portrayed as a front runner of liberated women and modern (however-manyth wave) feminism as well as "woke" (I really hate that word) lifestyle aka pluralistic and aware of socioeconomic issues, which certain people don't like. At the same time Swift was cited as one of the "worst" private jet owners for having taken the highest number of private flights in a certain group and timeframe (citation gravely needed). She is easy to attack due to the (supposedly) high moral standard people attribute to her image. Probably comparable to Gates in this regard.
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No one should be that rich. At the same time, thousands of people won't show up to hear me sing.
She also has a giant amount of people she pays with those earnings. Not saying she isn't filthy rich, but she is an artist, writes most of her own words and music, and fought really hard to get compensated for it.
I respect her for all of that. She probably also does a ton of charity. What she does is not easy. Most people can't even write a verse/chorus/verse/chorus lyric that works, let alone piano and guitar. Actually make it so other people enjoy it, and perform that shit night after night all over the world. That's a shit ton of traveling, setting up, doing the set, tearing all of that huge production down, and moving on to the next gig.
I don't listen to her at all, but I admire the amount of effort ot takes to do it. She's not some CEO with a laptop flying around meeting other CEOs for drinks. People like her work hard. Other acts that do that have earned thier money too. Metallica, Rolling Stones, what have you. They write and perform and bust ass far more than you and me ever will.
I wasn't expecting that to pour out of me, i apologize. Lol
All good!
I would say busting ass doesn't scale your success, but will agree it is a prerequisite. A lot of people with talent and work ethic don't make it anywhere. Your force multiplier is opportunity, and that is scarce and unevenly distributed.
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I like her though so it's fine! /s
"Earn" is a strong word.
Hey she's actually doing something. There are plenty of other extremely rich people they could have talked about but for some reason they chose her.
Who gives a shit what this one is "doing differently"?
She represents a cancerous concentration of wealth - fuck her and the rest of them.
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"Earns", heh. Cute.
Yeah? She isn't billing you monthly.
You don't have to buy anything from her.
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