Top 10 Richest Musicians in the World
Music is an enormous part of our living and a person can listen to music no matter in which emotional state he is in. In the beginning of the popular music such as rock, soul and funk, the artists weren’t able to achieve the fortune the richest musicians have today. The people have changed their perspective on music and today, the artists are much more appreciated. So, are you aware how much money your favorite musician has? Are you interested to know how their fortune was made and which were their biggest achievements? Maybe some will surprise to you, but the reality is different from the expectations people have. Most of them aren’t fortunate enough to earn their money just through music, but they have smart investments, which are slowly increasing their net worth and build the empire that most people can only dream about. Smart decisions will always make you financially more stable and no one kept their fortune without quality choices. Here is a list of the most amazingly rich musicians the world has today.
Must read: Richest Singers
#1) Andrew Lloyd Webber – The Richest Musician
Net Worth: $1.2 Billion
An outstanding composer for musical theatre can be crowned as the richest in the music business. Andrew has made a fortune with his 13 musicals, film scores, a set of variations and other musical creations that have made in the West End and on Broadway. If you don’t know who Lloyd Webber is then his work should do the job. His famous songs are The Phantom of the Opera, Jesus Christ Superstar, Don’t Cry For Me Argentina, or You Must Love Me. Also, he owns a company – The Really Useful Group, which is dedicated to music for film, television, videos and concerts. But, Andrew wasn’t always interested in creating music. His childhood was spent in dreaming to become a chief inspector of ancient monuments, even if his mother was a violinist and his father a composer. He even started to learn more about the job at Magdalen College, Oxford. Are you familiar with the single “Tetris”? Well, Andrey has worked on it under the name Doctor Spin and many people can’t believe he actually put his trademark in such a song. But, his highest achievement will always be the knighthood honors from the Queen Elizabeth II in 1992.
#2) Paul McCartney
Net Worth: $800 Million
Beatles legend and one of the most amazing musical geniuses – Paul McCartney is one of the wealthiest musicians in the world and it is well deserved since the Beatles is the band from England, which took over the world by storm. The Beatles can be compared to legends such as Michael Jordan, the level of genius of Bill Gates and Steve Jobs. Many are aware of the impact the Beatles made in the 60’s era when their music was spread all over the United States. They have re-invented the term Rock N Roll with a unique style and most visited performances. Paul is well established as a solo performer too. He is able to showcase numerous characteristics of a quality composer, which many considered him as one of the greatest in this business. Academy Award is the only one of the many proofs about his quality, but the fact that he has won a Grammy for Best Traditional Pop Vocal Album and Best Music, Film can confirm the ability to create masterpieces even today when he is 72 years old. The perfection of Paul isn’t so perfect after all. He failed twice for auditions to be a choir boy.
#3) Paul “Bono” Hewson
Fortune: $600 Million
The Irish singer and songwriter – Bono along with his band U2 started to make music in high school, when main goal was to create their first album – Boy. With its release in 1980, US immediately started to showcase their music with many tours and performances that will stay remembered. Their next album – The Joshua Tree made a significant success, which they received a Grammy for the Best Album and the influence that many have recognized over the years. But, another magnificent characteristic Bono has, is the ability to share his wealth with those who need it the most. Numerous donations have been signed by him to help in the battle against poverty and hunger in the Third World countries. There are numerous philanthropists, but Bono is always making a significant move when it comes to donating. His quality music has changed the music world and people can only show an appreciation and gratitude. Winning 22 Grammy Awards is an acknowledgment for his level of genius He was nominated 48 times for Grammy and he is still making music.
#4) Bing Crosby
Net Worth: $550 Million
Not only in music, but Bing had to put his magic touch on more artistic fields and it is probably the reason why he is an excellent entertainer in America. You will see his name in popular radio shows, films and many songs. He even won an Academy Award for Going My Way in 1944. Many consider him as one of the most popular people of the 1940s because of his vocal features and casual style, which many find it very amusing. Some of his well-known songs are I Haven’t Had Time to be a Millionaire and White Christmas. They made him really fortunate because many people know him just because of that song. Another interesting fact is that he played it for Christmas in 1941 for the first time. In the movie “The Country Girl”, the critics loved his acting because he had the gift to act as an alcoholic amazingly. Among all of these achievements, Bing started to work in a Television and produced his own show – The Bing Crosby Show, which was aired in 1964.
#5) Sean “Diddy” Combs
Net Worth: $550 Million
Sean is proving people that everyone can succeed and make a fortune out of the things they love if they try hard enough. He made numerous quality decisions, which brought him the status he enjoys today. Starting with his company – Bad Boy Entertainment, Diddy has worked with many great talents such as Mary J. Blige and Mariah Carey. But, since he is a rap artist, the hip hop culture appreciates him the most of the work with Notorious B.I.G who was murdered in 1993. The tragic death stopped Sean Combs from doing what he loves, but after releasing his tribute song to him – I’ll Be missing You, he is back on track in the music business. No one started easy in order to achieve huge status in society, so Diddy had his first job when he was 12 years old. The job was a newspaper delivery boy and he loved it because it made him stronger to pursue his goals in life. Today, many rappers are still wearing his clothing brand – Sean John because it is featured with a unique style of designs, suitable for the hip hop culture. With his multimillion fortune, he is one of the richest rappers in the world.
#6) Mariah Carey
Net Worth: $500 Million
For Mariah you can easily say she was about to be a huge pop star since she was born. Her parents sent her to take voice lessons at age four and her teacher was satisfied from her progress. A proof of that is the contract she signed at age of 18 for Columbia Records and her instant hits such as Vision of Love and I Don’t Wanna Cry. Carey is easily one of the most respected female pop artists of all time. If you really understand her style of singing, you will notice she is influenced by gospel music and many valuable singers from the 60s era such as Billie Holiday, Sarah Vaughan and Aretha Franklin. To be honest, there aren’t many signers, which Franklin has made an impact on their musical knowledge and style. The performance of her song – Emotions at the 1991 MTV Music Video is one of her well known performances because some critics have noticed a remarkable thing. She was able to produce the highest note ever produced by a human voice.
#7) Shawn “Jay Z” Corey Carter
Net Worth: $475 Million
When it comes to consistent success in achieving higher ratings, Shawn is the man to be congratulated. Jay-Z is more than a rapper, but an owner of a record company and an NBA basketball team- The Brooklyn Nets. With “The Black Album” Jay Z tried to close out his rapping career because of a lack of inspiration. The album was a big success, but Shawn wasn’t able to quit just yet. Owning the Roc-A-Fella Records was also a very significant part of his empire. He signed superstars such as Kanye West, who is probably the most controversial rapper today. Carter’s comeback was in 2006 with the album “Kingdome Come’, which of course was highly appreciated from his fans all over the world. Jay-Z is a hip hop icon that many will say is the leader of New York’s rap music. Even if Biggie and Shawn are compared by the hip hop audience they were friends before he passed away. Matter of fact, Jay-Z called Biggie on the phone the night he was killed. Shawn Carter knows that only one source of financial income, won’t make you a millionaire and that is one of the reasons why you can see him in sports, entertainment, clothing, music and fashion. He also occupies a spot in the list of most powerful celebrities.
#8) Dolly Parton
Net Worth: $450 Million
If you haven’t noticed by now, many of the people you’ve read about are coming from a poor family and did everything it had to be done in order to make it through their rough years. Dolly is one of them too, since she is coming from a poor family that were having money issues daily. It isn’t easy to raise 12 children and her mother knows that the best. Their situation led them to visit the church very often, which is where Dolly started to fall in love with music. Country music is the genre that makes this girl famous and rich to be in this list, but also her tireless work since she wrote countless songs for other people, and for herself. Her husband Carl Thomas Dean owns a road paving business and it is interesting to know that he saw her performing only once in his life. She has never enjoyed his company on any ceremony. One of her most amazing songs is “I Will Always Love You”, which many people know it from the Whitney Houston cover.
#9) Jimmy Buffett
Net Worth: $400 Million
Alabama has many great talents and jimmy is one of them. Buffett is a country singer who has many nightclubs, clothing deals and released books, but what makes him great and helped in achieving every possible goal, he has in mind – is music. Women sometimes make you do things which you’ve never thought are possible. In order for Jimmy to meet women and have fun, he had to learn how to play a guitar. One thing led to another and Jimmy Buffett because one of the best male country singer in the U.S.A. Even if he made many albums, Changed in Latitudes, Changes in Attitudes is what helped him shake the music world and escalate his career. It was created in 1977 and many people know him just because of it. His most memorable song probably is Margaritaville, but Come Monday is a wine that you can’t forget.
#10) Michael Jackson
Net Worth: $350 Million
Last on the list is the King of Pop music – Michael Jackson. There isn’t a human being on this planet, which isn’t aware of the influence, style, charisma, fashion, music, lyrics and incredible performances of Michael Joseph Jackson. Maybe he has his talent from his father, which was a guitarist even if he stopped playing music to provide food on the table for the Jackson 5. Yes, another great band that Michael was in before his solo career. This guy ruled the pop culture and there wasn’t even or performance than people don’t want to see. Tracks such as Beat It, Billie Jean and Thriller will always be his trademark since whenever you want to hear Jackson songs, they will eventually come up. And let’s not forget “Thriller” which is the best selling album of all time. Michael is a legend that will never be forgotten and people which have attended his concerts should be proud of that achievement.
With this, we finish the top 10 richest musicians.