5 Richest Musician In The World: Net Worth And Sources
Love and passion for music are never-ending. Throughout generations, musicians have been able to attract a wide range of fans. Though not every musician could thrive at the top positions for years.
However, there has been a list of musicians who haven’t impressed music lovers all over the world. Some of these musicians are all-time fan-favorites, as their works have been played a million times.
In addition to their massive fan base, they also hold a massive wealth. The musicians build an immense amount of money from their work.
However, the struggle is real as not many musicians could become the mainstream of the top wealthiest musicians in the world.
As 2022 has wrapped up, it is always fun and exciting to know who has been at the top in every category.
In this article, you will discover the musicians who have delivered stand-out performances throughout their careers. Below, you will all the factual details regarding their wealth.
The Barbados singer’s net worth is estimated to be $1.7 billion while earning a whopping $70 million a year.
The figure makes the singer the world’s richest musician in the world. Apart from music, Rihanna earns a generous amount of wealth from her partnership deals in the business.
She holds 50% off Fenty Beauty (a cosmetic brand) which is worth around $2-3 billion. Additionally, she also owns 30% of Savage x Fenty lingerie. A large part of her net worth is earned from these business ventures.
The 35-year-old singer dashed into the music industry at the age of 16, after she signed a six-album record deal with Def Jam Records.
Ever since then, she has sold over 60 million albums and 120 million singles; the number continues to grow. She has an exquisite collection of awards; including, 9 Grammy’s, 8 People’s Choice Awards, 12 Billboard Music Awards, and many more.
Official Website: rihannanow.com
2. Jay Z
The American rapper weighs in the second position in this category with a Net worth of around $1.3 billion. He has a successful music career in which he earns $70- 80 million every year.
He grew his empire to a billion after collaborating with brands, investments, record sales, and many more.
He owns equity in SpaceX, Ethos, and many other successfully running businesses. For a $1 billion evaluation, he sold 50% of Armand de Brignac and 100% of Tidal to Square.
He also founded the luxury sports bar chain, the 40/40 club in 2003. The bar attracts both influential and wealthy customers. It is believed that he holds investments in cash and other liquid investments worth at least $220 million.
Over the years, his yearly earning income has been eight digits ever since he rose to fame in the music industry. He has a wide collection of real estate.
He and his wife, Beyonce have co-invested in real estate. Together, they own around $200 million worth of a real estate.
3. Paul McCartney
The famous music composer the Beatles is considered one of the most successful music composers of all time. The British musician is famous for his time with The Beatles.
His successful career has replenished him with an estimated net worth of $1.2 billion. He made the most of his wealth during his time with The Beatles.
Together, they released over 12 studio albums, 13 EPs, and 22 singles. Among these, most went on to become gold, while others received platinum certification. Further, the band earned every time other artists covered their songs.
In addition to his wealth in the Music Industry, he owns several real estate worldwide, owning at least $100 million worth of real estate.
The 80-year-old was honored with two inductions to the Rock and Roll Hall of Fame (as a solo artist in 1999, and as a member of the Beatles in 1988). he received 18 Grammy Awards, an academy and a prime time award, and several other accolades.
Official Website: paulmccartney.com
4. Andrew Lloyd Webber
Another British musician who thrived in the music industry for years. His net worth is said to be around $1.2 billion.
He earned most of his net worth for his work, as they ran in the Broad Way and West End for more than a decade.
He composed 21 musicals, a song cycle, a Latin Requiem Mass, two film scores, and a set of variations. He has achieved great success in musical theater.
His passion for art is never-ending, especially for Victorian painting. He has sold several of his art collections throughout the years.
He made good use of his art collection by selling it for profitable prices. He continues generating wealth from the theater as he owns the Really Useful group, one of the Largest theater operators in London.
Official Website: andrewlloydwebber.com
5. P Diddy
P. Diddy, originally known as Sean John Combs, is famous for his own label Bad Boy Entertainment.
His successful career as a rapper and in business has enabled him to earn around $50- $100 million a year, which totals around $900 million in net worth as of today.
He earned a whopping $1 billion from his business empire, which includes Sean John, a clothing line.
In addition to it, combs own two restaurants under the name Justin’s, a 50 percent share of the vodka brand Ciroc, and is also the designer of alternative Jerseys for the Dallas Mavericks. He has a major stake in Revolt TV and in Aquahydrate, alkaline water for athletes.
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The 53-year-old’s net worth seems to be increasing day by day. At one point in 2022, he was valued at $1 billion.
Apart from composing music, he guest starred in “Hawaii Five-O” in its first season as an undercover NYPD detective.
In 2012, he appeared in the eighth season of the American sitcom It’s “Always Sunny in Philadelphia”. He previously starred in the popular sitcom CSI” Miami.
Official Website: combsenterprises.com
He won the award for outstanding actor in a television movie for A Raisin in the Sun. for his music, he won Grammy for Best Rap Album, “No Way out” and “I’ll be Missing you” in 1998 and in 2004, bagged his third grammy for best rap performance, “Shake Ya Tailfeather”
I've been writing about LGBTQ issues for more than a decade as a journalist and content writer. I write about things that you care about. LGBTQ+ issues and intersectional topics, such as harmful stories about gender, sexuality, and other identities on the margins of society, I also write about mental health, social justice, and other things. I identify as queer, I'm asexual, I have HIV, and I just became a parent.