Gossips

Taylor Swifts Decision To Re-Record Her Old Songs Impacted Her Net Worth Five Years Later

Highlights

  • Taylor Swift re-recorded her old songs to gain control of her master recordings, leading to a significant increase in her net worth.
  • The re-recorded albums, including “Fearless” and “Red,” have brought in over $8.5 million monthly in streaming royalties.
  • Swift’s decision to re-record her songs came after a messy feud with her former record label boss, Scott Borchetta, and Scooter Braun.


The age-long artist versus record label dynamics has played out dramatically, and even mega superstars like Taylor Swift have had to deal with it. This was one of the music mogul’s major career challenges as her fame gained momentum. Swift had a historical tussle with her former record label boss, Scott Borchetta, and the subsequent owner of her old music catalog, Scooter Braun.

In 2019, the music star was constantly in the news as a messy drama unfolded between both parties concerning selling her master recordings. Although the issue did not end in her favor, Taylor took matters into her own hands by re-recording her old songs. Five years later, this decision exponentially changed the trajectory of her net worth and fortune. This article will explore how much Taylor Swift is making from her re-recorded songs, her net worth overview, and a look back at the feud with her former label boss.



How Much Taylor Swift Is Making From Her Re-recorded Albums

Taylor Swift joined the League of Hollywood billionaires in April 2024 when Forbes announced the updated list of the world’s biggest earners. Swift ranked No. 2,545 with a $1.1 billion net worth. This was a record breaker because she became the first musician to become a billionaire through her music catalog and performances.

The singer’s music royalties accounted for over $500 million of her fortune. From the first leg of her Eras Tour, the Cruel Summer crooner made $190 million after taxes. According to Forbes, another $500 million of her net worth comes from the increasing value of her music catalog, including her re-recorded songs. So, how much does Taylor Swift make from these re-recorded albums?

Taylor Swift poses
Via Instar


Years after announcing to the world that she would take on the unique task of re-releasing some of her best compilations, Taylor Swift dropped four albums. The singer, who announced some of her release dates during the Eras Tour, dropped the albums with the tag “Taylor’s Version” to drive home her message. She released “Red (Taylor’s Version),” “Speak Now (Taylor’s Version),” and “Fearless (Taylor’s Version).”

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All three albums debuted at No. 1 on the Billboard 200 charts. The songstress, who had some of the most memorable moments amid her tour, would later announce her fourth album, while the last two, “1989 (Taylor’s Version)” and “Reputation (Taylor’s Version),” were pending. According to KSBY, the re-released albums are bringing in over $8.5 million monthly in streaming royalties. “Fearless” is said to receive an estimated $758,430 in royalties every month, while “Red” rings in an estimated $1,405,618 per month.


The perks of making multi-million dollars through her decades-long career helped Taylor Swift’s heavy investment in real estate. According to Elle Decor, Swift has eight luxury properties to her name. The “Anti-hero” crooner’s has homes scattered across New York, Rhode Island, Los Angeles and Nashville. Her real estate profile sums up to over $125 million. Some of these include a $50 million Tribeca Penthouse in New York, a $9.75 million three-bedroom loft also in New York, and a 1934 Beverly Hills mansion. Swift also owns a fleet of luxury private jets.

The Psychologist Said Taylor Swift May Be Suffering From "Vulnerable Narcissism"
Via: Instar


Taylor’s property in Nashville is a 3,200-square-foot condo that served as her real estate debut. Before purchasing her Tribeca home in New York, the 14-time Grammy winner lived in a West Village apartment that she rented for $45,000 per month. The property would gain popularity among the swifties after she put it in the lyrics of her 2019 song, “Cornelia Street.” The house was put on sale in 2023 for $17.9 million.

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Scooter Braun’s career profile and net worth per Celebrity Net Worth

Scooter Braun

Birthdate

June 18, 1981

profession

Talent manner, music director

Career

Active since 2002

Net Worth

$500 million

Why Taylor Swift Re-recorded Her Old Songs

It all started in 2019 when a messy drama ensued between Taylor Swift and her former record label CEO, Scott Borchetta. Her contract with the company expired in 2018, and as she decided to move on, she sought to buy her master recordings for her songs. However, she and Borchetta’s team at Big Machine Records could not reach a compromise. The situation blew over when Swift learned that Borchetta ended up selling her catalog to another music executive, Scooter Braun.


The “Bad Blood” crooner, who has been accused of not writing her own songs, did not hide her intense disapproval for Scott Borchetta’s move as she took to Tumblr to call him and Scooter Braun out. Taylor Swift accused Braun, who managed stars like Justin Bieber, Kanye West, and Ariana Grande, of bullying her. She revealed in the post that she left her masters with Borchetta after years of pleading with him to let her buy them back. However, she never anticipated that Braun would become the new owner. She wrote:

Taylor Swift poses at event
Via Instar

“When I left my masters in Scott’s hands, I made peace with the fact that eventually he would sell them. Never in my worst nightmares did I imagine the buyer would be Scooter. Any time Scott Borchetta has heard the words ‘Scooter Braun’ escape my lips, it was when I was either crying or trying not to. He knew what he was doing; they both did…”


Following the outburst, music star Kelly Clarkson reached out to Taylor Swift on Twitter, advising her to re-record her old songs. Clarkson wrote, “Just a thought, U should go in & re-record all the songs that U don’t own the masters on exactly how U did them but put brand new art & some kind of incentive so fans will no longer buy the old versions. I’d buy all of the new versions just to prove a point.”

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It appeared Swift took Clarkson’s advice in August 2019 when she announced on “Good Morning America” that she would be recording her old songs again. However, the issue was far from over. The “I Knew You Were Trouble” singer and her former management got into another tussle when she claimed they prevented her from performing her songs at the 2019 American Music Awards. She added that Scooter Braun and Scott Borchetta declined the request for Netflix to use her old songs in a documentary about her.


The Big Machine Records team fired back and refuted her claims. The franchise also accused her of owing them millions of dollars. This resulted in a back-and-forth between all parties involved on social media. Taylor Swift’s representative, Tree Pine, shared a now-deleted tweet stating that the company actually owed the singer. Ultimately, Swift was given the green light to perform her songs at the event. Scooter Braun would sell her masters to Shamrock Holdings in March 2020 for $300 million.