The music industry is not short of talents, both young and old, who are making their mark. Everyone aspires for the top spot in their career or field, and for musicians, one of those top spots in this list of top 10 richest musicians in the world.
This list comprises elite musicians that have been in the industry for a long time and have made impressions. Their net worth ranges in hundreds of millions of dollars and some have various sources of income asides music. Here is the list of top 10 richest musicians in the world and their net worth.
Richest Musicians In The World 2020
1. Andrew Lloyd Webber (Net Worth: $1.28 Billion)
Andrew Lloyd Webber is the king on this list with a whopping net worth of $1.2 billion. He is a composer and impresario of musical theatre. He has composed a lot of songs that have run for more than a decade, and even movie scores.
Examples of his songs are “The Music of the Night”, “All I Ask of You”, “I Don’t Know How to Love Him”, and so on. Back in 2001, The New York Times referred to him as the “The most successful composer in history”.
2. Paul McCartney (Net Worth: 1.2 Billion)
He is a multi-instrumentalist and songwriter who has been a pop icon since the early ’60s. He is a member of The Beatles and he has had collaborations with Michael Jackson and Kanye West. With a net worth of $1.2 billion, Paul McCartney stands as second on the list of top 10 richest musicians in the world.
3. Jay-Z (Net Worth: $1 Billion)
Jay-Z sits on the third spot on this list of richest musicians with a net worth of $1 billion. He has 19 Grammy’s, over 100 million records sold, a clothing company, and a record label.
4. Herb Alpert (Net Worth: $880 Million)
He belongs to the Tijuana Brass band. They have released a total of 28 albums, five of which made the number 1 spot on Billboard charts. He has 9 Grammy’s amongst other awards. He co-owned a record label, A&M Records, which he sold back in 1987 for $500 million.
They also got a sum of $200 million after suing for a contract breach. All these have contributed to his presence as 4th on this list.
5. Diddy (Net Worth: $820 Million)
Diddy is number 5 on the list of the world’s richest musician, with a net worth of about $820 million. He started his record label named Bad Boy Entertainment. He also has a successful clothing line, perfume line, and TV show.
6. Celine Dion (Net Worth: $800 Million)
Celine Dion’s presence on this list is not a surprise to anyone. After selling over 200 million records, she’s the wealthiest music artiste of all time in Canada. Her net worth of around $800 million puts her on the 6th richest musician in the world.
7. Dr. Dre (Net Worth: $800 Million)
Dr. Dre is a very popular artiste right from the days of N.W.A. and Death Row Records. In 2014, he sold his headphones company, Beats By Dre to Apple for an amazing sum of $3 billion. This launched way up on this list.
8. Bono (Net Worth: $700 Million)
He is the lead singer in the U2 rock band. He is also, a philanthropist and social activist. The band, U2, was founded in 1976 although it went by a couple of other names first. Bono is currently the 8th richest musician with a net worth of $700 million.
9. Julio Iglesias (Net Worth: $600 Million)
Selling over 250 million albums worldwide has made Julio Iglesias one of the top record sellers in history.
He has also performed in over 5000 concerts worldwide and has been named the most popular artiste in several countries. He is 9th on the list of richest musicians in the world.
10. Madonna (Net Worth: $590 Million)
Since the ’80s, Madonna has been dishing out hit songs and this has made her very popular. She is also an author, fashion designer, a Golden Globe-winning actress, and a record label owner.
A bulk of her wealth is from her tours and live shows which have made her the highest-grossing solo touring artist of all time. She is also the best-selling female recording artist of all time and the 10th richest musician in the world.
This list is ever-changing as every musician’s dream is to appear here someday. The music industry is a battle of wits and…well, lyrics. If you have any comments or thoughts, use the comment section.