Despite the fact that there are a lot of musicians who are struggling to hit the limelight, the few who have been able to break through the furrowed ground have found music to become a very rewarding venture.
They have been able to leverage on their popularity in building their respective business empires and as a result, have been able to amass billions of dollars.
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Here, we highlight the list if the top 10 musicians alive today;
10. Maria Carey Net Worth ($510 million)
Carey is one of the best-selling music artists of all-time, and has sold over 200 million records globally.
The singer still earns money from her 1996 festive favourite; All I Want For Christmas. Every year, Mariah is believed to earn £400,000 in royalties from the single track, according to The Independent. Mariah is believed to have earned over $60 million in royalties from the one song.
9. Madonna Net Worth ($595 million)
Madonna has been around since the 1980’s and is the author of several bestselling children’s books. She is also a fashion designer, owner of Maverick Records, and the owner of a series of health clubs.
Majority of her wealth comes from her tireless touring, having played more live shows than any other female musician ever. She is also the highest grossing solo touring artist of all time!
8. Bono Net Worth ($610 million)
While many argue that his band; U2’s music has declined since the 80s or 90s, they still managed to gross over $730 million in their 360° Tour in 2010.
Beyond his work as a singer-songwriter and musician, the Irish man is also a venture capitalist and general businessman.
7. Celine Dion Net Worth ($630 million)
She’s the top wealthiest music artist in Canada of all time after selling over 200 million records.
6. Dr. Dre Net Worth ($785 million)
Apparently, his expertise in business overrides his art as a rapper. He has just two albums, and the last one was released in 199.
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In 2014, his branded headphones, Beats, were acquired by Apple for a reported $3 Billion and he finally cemented his place as the “Richest Man in Hip-Hop.”
5. P Diddy Net Worth ($815 million)
He is more than a musician. He is a businessman, producer and actor.
4. Herp Alpert Net Worth ($870 million)
Alpert is the “A” in A&M Records, which undoubtedly contributes to his unbelievable riches (he sold it in 1987 for a reported $500 million along side his partner Jerry Moss). They later sued for a breach of contract, receiving an additional $200 million. His other ventures have include; professional sculpting and a line of perfume.
He has sold over 70 million albums worldwide and is regarded as one of the greatest trumpeters of all time!!
3. Jay Z Net Worth ($910 million)
He has sold over 100 million records. He also owns a successful clothing company, Rocawear and record label Roc-A-Fella Records.
Jay Z is also a licensed sports agent, working with his company Roc Nation Sports.
2. Andrew Lloyd Webber Net Worth ($1.25 billion)
He has composed 13 musicals, which include The Phantom of the Opera, Cats, Joseph and the Amazing Technicolor Dreamcoat, Evita, Jesus Christ Superstar and Sunset Boulevard. He set up his company Really Useful Group, to ensure that he maximizes his profit. As a result, he makes money from all aspects of his productions including licensing, merchandising, records, publishing and ticket sales.
1. Paul McCartney -Net Worth ($1.35 billion)
McCartney is a member of Beetles and as a result of his entrepreneurial spirit, has led the band to become the most successful band ever!
Beetles has sold over 600 million records worldwide. As a writer, his song, Yesterday has been covered over 2,000 times making it the most covered song of all time.
Source: abtc.ng
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