Being a world-famous pop star really pays off. Last year, Taylor Swift made about $92 million, mainly through album sales and fans streaming her music online. And she’s getting richer every day. Thanks to her sold-out Eras tour, Swift is expected to be a billionaire by the end of 2023.
Many people think stars like Swift are overpaid. They say singers and actors don’t deserve so much more money than people with more important jobs, like nurses and teachers. Even the U.S. president makes far less than many entertainers. His salary is $400,000 each year.
But other people say celebrities earn their huge paychecks. They argue that fans wouldn’t pay to see concerts or movies if the stars weren’t so talented. Others point out that a star’s life isn’t always easy. While on tour, musicians might spend months away from their family and friends. Also, many celebrities do a lot of good with their money. For example, Taylor Swift has donated millions to charity.