Hedge fund billionaire Ray Dalio stirred up social media when he attended a Taylor Swift Eras Tour concert in Singapore and shared a selfie from the lively venue. Alongside the snapshot, Dalio boldly proclaimed on Instagram, “@TaylorSwift for President!”

In his caption, Dalio expressed his belief that the megastar has the potential to bridge divides and unite people from various backgrounds, not just in America but across the globe. He emphasized Taylor Swift’s ability to foster a sense of unity and connectedness, highlighting the power of her universal appeal.

Reflecting on the concert experience surrounded by people from diverse cultural backgrounds, Dalio was struck by the positive energy and sense of camaraderie it evoked. He mused about the notion of having political candidates who could harness and embody such universal cultural influence while demonstrating sound leadership qualities.

Although Dalio’s post may have been made in jest, it underscores Taylor Swift’s remarkable influence beyond the music industry. Politicians and pundits alike recognize the significance of her massive fan base and the sway she holds over public opinion.

Dalio later took to Twitter to provide an update, offering further insight into his initial Instagram post and the rationale behind it. In his tweet, he elaborated on the mindset that prompted his earlier declaration and provided additional context for his statement about Taylor Swift potentially running for president.

In a recent social media post, billionaire investor Ray Dalio clarified his tongue-in-cheek endorsement of Taylor Swift for president. While acknowledging the jest behind his statement, Dalio emphasized the genuine belief that Swift has a unique ability to unite people—a crucial trait for any leader.

Swift’s efforts to mobilize young voters have been significant, with thousands registering in response to her initiatives. However, her support for Joe Biden’s campaign has sparked unfounded conspiracy theories, with some suggesting she’s a pawn of the Democrats or even the Pentagon and CIA.

Despite these claims, Swift has refrained from endorsing any candidate for the 2024 election, instead urging her vast social media following to participate in civic engagement, such as voting in primaries.

Dalio, known for advocating a centrist approach to politics, believes in the necessity of bridging divides. With many voters wary of another Trump-Biden showdown, Dalio sees the importance of a strong middle ground in American politics.

He previously viewed former U.S. ambassador to the United Nations, Nikki Haley, as a promising candidate. Now, Dalio’s jest about Swift may reflect a desire for fresh leadership amidst the uncertainty of the political landscape.

Taylor Swift’s Eras Tour has rewritten the record books, making it the most lucrative concert tour ever. With a staggering 152 shows across five continents spanning 21 months, Swift’s tour has propelled her to billionaire status while injecting a massive economic boost into cities and states worldwide.

The impact of Swift’s tour on the U.S. economy has been nothing short of astounding. The Federal Reserve noted the substantial economic benefits her concerts provided to American cities, with analysts estimating a whopping $5.7 billion added to the economy by October 2023, thanks to the surge in travel and spending by fans.

Even in Singapore, where Swift performed six consecutive days of concerts, economists estimated a significant boost to the city-state’s economy. Economists surveyed by Bloomberg revealed that these concerts contributed between $225 million to $300 million to Singapore’s economy in the first quarter of the year.

Swift’s Eras Tour has not only shattered records but has also become a symbol of economic prosperity, leaving an indelible mark on the global entertainment industry and economies alike.