Taylor Swift and Beyoncé, who pulled successful musical world tours, Eras and Renaissance Tours respectively, have received immense appreciation from Tina Knowles.

Beyoncé’s mother Tina took to her Instagram account to express tremendous admiration for her daughter, and the pop icon Taylor Swift as their respective current tours being a boon to the US economy.

She posted a New York Times quote about how Beyoncé's ongoing tour is providing a significant boost to the American economy, along with the caption, “This is so awesome ! To b able to stimulate the economy is no small feat! @beyonce And ! @taylorswift”

The fashion designer continued, “! Just being young women and being able to say this, is so awesome!!! Proud of them both !”

Taylor Swift Eras Tour:

According to analysts cited by Time, it is anticipated that the Eras Tour will reach a significant milestone, surpassing the $1 billion mark by March of the upcoming year, while Taylor Swift continues her global tour.

If this projection materializes, the Love Story crooner will etch her name in music history, achieving the highest-grossing tour ever, outshining Elton John's recent farewell tour, which raked in $939 million before concluding this summer.

The Eras Tour is currently slated to run for an additional seven months, culminating in Toronto in November 2024, unless speculations about Taylor Swift adding more tour dates turn out to be accurate. However, the financial impact extends beyond just the net profits.

Beyoncé’s Renaissance Tour:

Beyoncé's Renaissance World Tour has generated an impressive $461.2 million in revenue so far.

By October 2023, it is projected to surpass $2 billion, setting a new record as the highest-grossing tour by the CUFF IT songstress, a milestone that the Halo crooner herself had previously achieved.

The success of the Renaissance Tour marks a significant personal triumph for the artist, as it stands as her most lucrative performance to date.