The Richest Musical Artists Of the World
If you want to be counted among the richest musical artists of the world you should also be prepared become a songwriter, play various instruments and also be an astute marketer just as some of the richest musical artists of the world have done. It can be fun to watch their rankings change constantly but some have managed to remain in the top rungs for a long time and continue to do so even now.
The business of music allows artists to build immense wealth, build on their wealth and even make an entry into Hollywood by becoming an entrepreneur. They go through a tremendous struggle and many artists never make it into the mainstream despite paying their dues. However, the richest musical artists of the world never seem to make it out of the rankings and are remaining there since a number of years. Let us look at the richest musical artists of the world.
[su_quote cite=”Tom Hodgkinson” class=”cust-pagination”]What seems extraordinary is that the richest countries in the world, in terms of economic output, are the ones where we work hardest. [/su_quote]
Mariah Carey: $510 million
Mariah Carey is in the top 10 categories despite not having any major shows recently to build on the wealth she has already accumulated. However, she has managed to stay in the top 10 rankings by saving and reinvesting her wealth. She has held her position despite the flop of her movie Glitter.
Jay-Z: $560 million
When a musician gets 19 Grammys and sells over 100 million records to launch a successful clothing company he cannot be called a businessman because he is a businessman. After Jay-Z married Beyoncé their combined wealth is presently estimated at over $1 billion. He just needs a few more retirements and comebacks to climb up a few notches on the list of the richest musical artists of the world.
Bono: $600 million
Bono is the lead singer of U2 and he has marketed himself as the person who wears his glasses even when he cares for issues like social activism and environmental awareness. Bono has also received knighthood and features among the richest musical artists of the world.
Celine Dion: $630 million
Celine Dion is the wealthiest music artist from Canada after selling over 200 million records. She took advantage of her talent after her smash hit soundtrack of the movie Titanic launching the popularity of autotune and moved right into the list of top 10 artists.
P Diddy: $700 million
P Diddy has a number of names including Puff Daddy, Sean Combs, Shawn John, Diddy, Etc. He is also a master of marketing and his marketing talents have earned him the number six spot on the list of the richest musical artists of the world. He has gone far beyond his own recordings and is now operating Big Boy Records which is his own label and is launching careers of musicians who may soon become as famous as he is.
Dr. Dre: $780 million
Despite a lot of effort being made to undermine Dr. Dre, he has impacted rap music and the culture of the United States and very few people are in a position to mention that. Apart from being a member of the NWA records and operating a label of his own, he has also launched the careers of several musicians such as Snoop Dogg, Eminem, and 50 Cent.
Madonna: $800 million
This woman has been on the music scene since the 80s and pumping out pop music and experiencing all the ups and downs the music industry has faced over the years. Her actual wealth comes from the number of live shows she exhibits and from her tireless touring which makes her one of the most popular female musicians ever.
Herp Alpert: $850 million
Hubert Alpert and his Tijuana Brass band have released five number one albums along with 28 albums on the Billboard charts. He has received nine Grammies, 14 certified platinum albums, and 15 additional gold albums. The total sales he has exceeds 72 million globally.
Paul McCartney: $1.1 billion
A member the Beatles without being on this list would leave the collection of richest musical artists of the world incomplete. It was John Lennon and McCartney that started writing the credits for their entire run which guaranteed them profits and left them wealthy for life. Paul McCartney is a pop icon of the 60s but his wealth still puts him in the top list of the richest musical artists of the world.
Andrew Lloyd Webber: $1.2 billion
The King of music with a net worth of $1.2 billion is none other than Andrew Lloyd Webber and his music is synonymous on Broadway. He has penned the music for some of the greatest hits including the Phantom of the Opera, the Amazing Technicolor Dreamboat, and Evita and these shows are still ongoing in different parts of the world. He gets a royalty on everything related to his products which include merchandise and ticket sales.
[su_quote cite=”John Ruskin” class=”cust-pagination”]Better the rudest work that tells a story or records a fact, than the richest without meaning. [/su_quote]
These are the top 10 richest musical artists of the world and we believe some more on waiting in the wings to make their mark on this list.
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