Beyoncé’s mother Tina Knowles has praised Beyoncé and American singer-songwriter Taylor Swift for boosting the American economy with their musical tours.
Taylor Swift and Beyoncé boost the American economy. (Images taken from these celebs' Instagram handles)
Last Updated: 03.32 AM, Sep 30, 2023
Beyoncé and Taylor Swift’s fans and well-wishers, bounce with joy! These two popular superstars have together generated close to $10 billion in consumer spending in the United States alone. Reports suggest that if they were an economy, they would be bigger than 50 countries in terms of GDP!
What’s new?
Acknowledging this historic development, Beyoncé’s mother Tina Knowles has praised Beyoncé and American singer-songwriter Taylor Swift for boosting the American economy with their musical tours.
On Instagram today, Tina emphatically expressed, “This is so awesome! To be able to stimulate the economy is no small feat! @beyonce and @taylorswift! Just being young women and being able to say this, is so awesome!!! Proud of them both!”
Tina’s post has been liked by thousands of internet users. One Instagrammer in the comments section lovingly wrote, “Who runs the world??? #Girls”
“Beyoncé, Taylor Swift and Barbie. Women have kept the economy BOOMING this summer. Love to see it!!,” wrote another admirer of Tina’s post.
One more Instagram user commented, “I love that you mentioned Taylor Swift. Both ladies did a phenomenal job on their tours. Congrats to them!”
A fan even penned a heartfelt note for Beyonce in the comments section. “Dear Beyonce,
Without your music, I don't know if I would've been able to realize my own potential. You taught me I could fit in more than one category - company leader, mom, a woman proud of her sensuality and sexuality, a wife, and an icon. Keep inspiring us with your magnificence.”
Also Read: Taylor Swift's Eras tour concert film gets release date, expected to smash box office records
What do the reports claim?
Global singing sensation Taylor Swift’s The Eras Tour – a musical tour that includes a lineup of concerts – will roughly contribute about $5 billion to the economy worldwide, according to multiple reports.
Not only this but global superstar Beyoncé’s Renaissance World Tour has become a cultural movement. This tour includes a lineup of musical concerts that are taking place globally. According to a report published in The New York Times, “By its close, Beyoncé will have generated an estimated $4.5 billion for the American economy, about as much as the 2008 Olympics did for Beijing.”