Megastar Taylor Swift has been praised for her charitable gesture after donating €25,000 to at least one food charity in Dublin following her three concerts at the end of June.
Her weekend of performances at the Aviva Stadium she had a significant economic impact, with one economics expert estimating that the concerts could have generated up to €300 million for the local economy.
Taylor Swift is renowned not just for her music but also for her generosity. She is reportedly the first pop star to become a billionaire through music sales alone. Despite her wealth, she frequently donates substantial sums to various causes. During the European leg of her Eras tour, Swift donated to charities in each city where she performed.
Food banks in Liverpool and Cardiff have also received “substantial” donations after her concerts, with one organization stating that her contribution would fund their food donations for the next 12 months.
A well-placed source confirmed that the 34-year-old singer donated €25,000 to a food bank in Dublin this week. While the organization could not officially confirm the donation due to privacy policies, other charities contacted by the MoS remained discreet about whether Swift had contributed.
An Irish source suggested that Swift’s crew might have recommended the recipient, praising the chosen organization as a worthy cause. They added, “If someone like her did donate and wanted us to comment on it, we would. But if they didn’t want us to, it’s private.”
In addition to her charitable donations, Swift’s concerts have had a significant economic impact. Dr Matthew Lyons, a research fellow at the University of Birmingham, referenced a Barclays study estimating that the average attendee at a Taylor Swift concert spends around €1,000 on tickets, accommodation, food, drinks, event outfits, and merchandise.
Dr Lyons estimated that if this spending holds for the 150,000 fans who attended Swift’s Dublin shows, the total economic impact could be around €150 million. However, he also noted that the impact might be much more significant due to the multiplier effect, where initial spending generates additional economic activity.
“In some cases, this can mean an initial €1 spend generates €1.60 or €2; so that €150m could be as much as €300m,” Dr. Lyons explained.
