Cashing In On Fame
Mansions in Malibu don't pay for themselves. Behind every legendary guitar solo and stadium anthem sits a financial portfolio that might surprise you. After all, these remarkable performers built empires beyond their chart-topping hits.
22. Bjorn Ulvaeus: $300 Million
The genius behind ABBA's amazing melodies has quietly built an empire worth $300 million. Bjorn Ulvaeus is a Swedish guitarist and an astute businessman who transformed pop fame into enduring riches. After ABBA disbanded in 1982, he co-created the unforgettable musical "Mamma Mia!".
Pascal CARQUEVILLE on Wikimedia
22. Bjorn Ulvaeus: $300 Million (Cont.)
His songwriting partnership with Benny Andersson has produced some of the most recognizable tunes in music history. These include "Dancing Queen" and “Take a Chance on Me”. Ulvaeus is involved in Pophouse, a company behind the ABBA Voyage show, which generates substantial revenue.
Frankie Fouganthin on Wikimedia
21. Anni-Frid Lyngstad: $300 Million
What happens when you combine extraordinary vocal talent with smart investments? You get Anni-Frid Lyngstad, the brunette powerhouse from ABBA, sitting with a $300 million fortune. The Norwegian-born Swedish singer has a fascinating origin story. She was born to a Norwegian mother and a German father during WWII.
Frankie Fouganthin on Wikimedia
21. Anni-Frid Lyngstad: $300 Million (Cont.)
After ABBA's stratospheric success in the 1970s, Frida chose not to rest on her laurels. Instead, she built a superb solo career by releasing albums in multiple languages and exploring deeper musical territories. In 1992, she married Prince Heinrich Ruzzo Reuss, becoming Princess Reuss and Countess of Plauen.
Abba - Mamma Mia 4K (REMASTERED) FIX by REMASTER 70 80 90
20. Roger Waters: $310 Million
Roger Waters' wealth comes from his album sales and his legendary live performances that continue to sell out stadiums worldwide. Waters' concert tours have been extremely profitable. For example, "The Wall Live" tour from 2010 to 2013 earned over $450 million.
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20. Roger Waters: $310 Million (Cont.)
Despite bitter legal battles with former bandmates over the Pink Floyd name, Waters retained rights to much of the band's most valuable intellectual property. Additionally, Waters has been involved in business ventures. He even purchased an island in the Bahamas for a luxury resort.
19. Dave Grohl: $330 Million
From the ashes of Nirvana rose a phoenix named Dave Grohl, who transformed tragedy into success. Unlike many rock stars, Grohl's reputation as "the nicest guy in rock" has helped him forge productive relationships. He received numerous collaborations that have expanded his musical portfolio and income streams.
Raphael Pour-Hashemi on Wikimedia
19. Dave Grohl: $330 Million (Cont.)
He's known for recording entire albums by himself and playing every instrument, from drums to guitar, while also doing vocals. Besides music, Grohl has ventured into filmmaking with documentaries like Sound City and What Drives Us. Apparently, the Foo Fighters' 2022 tour grossed over $350 million from ticket sales alone.
Sound City Official Trailer by SoundCityMovie
18. Phil Collins: $350 Million
Phil Collins is one of the few musicians who has sold over 100 million records as a solo artist and as a member of a band. This dual success trajectory has helped the English drummer-turned-vocalist amass a stunning $350 million fortune.
18. Phil Collins: $350 Million (Cont.)
He dominated radio waves with hits like “In the Air Tonight” and “Against All Odds”. As per reports, in 2022, Collins and his Genesis bandmates sold their music catalog for around $300 million. He has also invested in publishing rights for classic rock songs by The Beatles.
Phil Collins - In The Air Tonight (Live) [1080p] by Stoned Tripper
17. Ringo Starr: $350 Million
While often portrayed as the "lucky" Beatle, this man’s distinctive drumming style actually proved pivotal to the band's revolutionary sound. As a member of The Beatles, Starr wrote and performed some of their most well-known pieces, like "Yellow Submarine" and “With a Little Help from My Friends”.
Eva Rinaldi from Sydney Australia on Wikimedia
17. Ringo Starr: $350 Million (Cont.)
After The Beatles disbanded, Ringo Starr began a successful solo career. He released many albums and hit singles such as "It Don't Come Easy," "Photograph," and "You're Sixteen". He has also toured extensively with Ringo Starr & His All Starr Band, earning millions from live performances.
16. Larry Mullen Jr.: $350 Million
The rhythmic foundation of U2's distinctive sound has drummed up around a $350 million fortune for Larry Mullen Jr. Most fans don't realize that U2 wouldn't exist without him. After all, it was his handwritten notice on a school bulletin board that brought the band together in 1976.
16. Larry Mullen Jr.: $350 Million (Cont.)
Though less flashy than bandmate Bono, his equal stake in U2's business ventures has ensured him financial parity. Mullen earns a good income from music publishing and royalties. In 2008, U2 members even received shares as part of a deal with Live Nation, valued at $22 million.
15. Dave Matthews: $350 Million
South African-born Dave Matthews turned jam band sensibilities into serious business. He ended up building a $350 million empire through relentless touring and smart business moves. The unconventional frontman founded his own label, ATO Records, which now represents dozens of artists beyond just DMB.
15. Dave Matthews: $350 Million (Cont.)
DMB sold more tickets than any other band between 2000 and 2009, generating over $500 million from touring alone. Wine enthusiasts may also be aware that Matthews is a co-owner of Dreaming Tree Wines, one of his profitable beverage businesses.
Dave Matthews Band - Crash into Me (Live in Europe 2009) by Dave Matthews Band
14. Lars Ulrich: $350 Million
Let’s talk about the Danish drumming dynamo who co-founded Metallica. Formed in 1981, Metallica has become one of the best-selling music artists in history. It has sold over 125 million albums worldwide. Apart from music, he has invested in real estate and fine art.
14. Lars Ulrich: $350 Million (Cont.)
Particularly, Jean-Michel Basquiat pieces purchased before their meteoric value increase have significantly boosted his wealth. His business acumen extends to securing ownership of the band's master recordings and creating Blackened Recordings. This is their own label that maximizes profit margins.
Alberto Cabello from Vitoria Gasteiz on Wikimedia
13. The Edge: $400 Million
Guitar innovation has proven extraordinarily profitable for The Edge. I mean, his atmospheric sound sculpting has helped him achieve a whopping $400 million fortune. While U2 bandmate Bono gets more headlines, The Edge's sonic architecture has been equally important to the group's distinctive sound.
13. The Edge: $400 Million (Cont.)
His philanthropic work includes co-founding Music Rising, an initiative to replace instruments lost by musicians after Hurricane Katrina. The Edge has worked on solo projects and collaborated with artists like Jay-Z and Rihanna, as well as contributing to film soundtracks like GoldenEye.
12. Gene Simmons: $400 Million
“I want to be buried in a KISS coffin”. This wasn't just a fan's devotion talking but a commercial opportunity crafted by Simmons. He transformed KISS into a merchandising juggernaut with many licensed products. These licensing deals have generated over $1 billion in revenue since the 1970s.
Toronto Social Review from Canada on Wikimedia
12. Gene Simmons: $400 Million (Cont.)
This man’s marketing genius pioneered premium fan experiences like band meet-and-greets, charging for photo opportunities decades before it became industry standard. KISS's tours have also been highly profitable, with their "End of the Road World Tour" concluding in 2023.
11. Adam Clayton: $400 Million
As one of the original members of U2, Clayton has played a huge role in the band's success, helping them sell over 200 million albums globally. He’s done his own projects and even teamed up with Larry Mullen Jr. on movie soundtracks like Mission: Impossible.
flickr-user elicrisko (Eliane Kobayakawa) https://www.flickr.com/people/elicrisko/ on Wikimedia
11. Adam Clayton: $400 Million (Cont.)
Clayton has a bunch of properties, one of which is Danesmoate House, a big castle just outside Dublin that he bought back in 1984. He also owned an apartment in Central Park West in NYC, which he later listed for $8.69 million and ultimately sold.
10. Jon Bon Jovi: $410 Million
The New Jersey native has a real knack for entrepreneurship that goes way beyond making stadium anthems. He also owns the Philadelphia Soul, a team in the Arena Football League, and runs the Jon Bon Jovi Soul Foundation, which revolves around building affordable housing and community kitchens.
Mass Communication Specialist 1st Class Chad J. McNeeley on Wikimedia
10. Jon Bon Jovi: $410 Million (Cont.)
"Living on a prayer" is the last thing Jon Bon Jovi needs to do with his $410 million fortune. Having sold around 120 million albums globally, Bon Jovi is quite successful. Plus, the "Slippery When Wet Tour" and "New Jersey Tour" have been highly profitable.
Bon Jovi - Livin' on a Prayer 2012 Live Video FULL HD by NEA ZIXNH
9. Eric Clapton: $450 Million
Looking beyond the commercial hits he had with bands like Cream and as a solo artist, his lovely guitar collection has turned out to be a solid investment. Clapton’s well-known "Blackie" Stratocaster has reportedly been bought for around $1 million at an auction.
Alswang, Ralph (NARA record: 10601492) on Wikimedia
9. Eric Clapton: $450 Million (Cont.)
Plus, being ranked #2 on Rolling Stone's list of greatest guitarists cemented his legacy. He’s crafted a career full of classic blues-rock songs that have generated huge royalties for several decades. Some of his best-selling tracks are “Layla” and “Wonderful Tonight”.
8. Keith Richards: $500 Million
Keith Richards is the beloved guitarist and songwriter of The Rolling Stones. As we all know, the band is one of the best-selling ever, with about 240 million records. Their tours have been among the highest-grossing, contributing significantly to Richards's wealth.
8. Keith Richards: $500 Million (Cont.)
The human riff machine's 2010 autobiography, Life, co-written with journalist James Fox, became a bestseller and brought literary success to his storied career. It is said that this earned him an upfront fee of around $7 million. Richards has also appeared in films like Pirates of the Caribbean.
7. Mick Jagger: $500 Million
Those iconic lips and swaggering hips have translated into a cool $500 million for Sir Mick Jagger. The knighthood conferred upon him by Queen Elizabeth II in 2003 represents just one of the countless honors accumulated during his reign as rock's most dynamic frontman.
7. Mick Jagger: $500 Million (Cont.)
Jagger's business acumen often gets overshadowed by his electrifying stage presence. Apparently, he owns high-end properties in New York, London, Mustique, and the South of France, valued at an estimated $250 million or more. Jagger has released solo albums titled She’s the Boss and Goddess in the Doorway.
6. Bob Dylan: $500 Million
Bob Dylan shocked fans in 2020 by selling his entire songwriting catalog to Universal Music for a reported $300-400 million. This decision demonstrated his pragmatic approach to wealth management in his later years. It was one of the largest acquisitions of a single artist's publishing rights.
6. Bob Dylan: $500 Million (Cont.)
His famous songs, like "Blowin' in the Wind" and "Like a Rolling Stone," get covered all the time and pop up in movies, TV shows, and ads. In 2022, Dylan reportedly sold his recorded music catalog to Sony Music for around $200 million.
Francisco Antunes on Wikimedia
5. Sting: $550 Million
Let’s talk about Sting's crazy $550 million bank balance. The former English teacher, Gordon Sumner, changed his nickname into one of the most recognizable music brands through The Police. This band released five studio albums, including the fan favorite Synchronicity (1983).
5. Sting: $550 Million (Cont.)
For him, environmentalism isn't just a passing interest. He has purchased and preserved thousands of acres of rainforest, combining personal passion with conservation impacts. "Every Breath You Take" is one of his highly profitable songs, earning Sting approximately $730,000 annually.
4. Elton John: $650 Million
Our flamboyant piano man's spending habits once matched his over-the-top stage persona. Apparently, he once admitted to spending £40 million in under two years during the late 1990s, including £293,000 on flowers alone. John has sold about 300 million albums.
4. Elton John: $650 Million (Cont.)
The Farewell Yellow Brick Road Tour, running from 2018 to 2023, collected around $940 million. Additionally, John has amassed a $200 million art collection with works by Warhol, Basquiat, and Haring. He has composed music for Disney's incredibly successful The Lion King as well.
U.S. Department of State from United States on Wikimedia
3. Bono: $700 Million
Saving the world while saving for retirement has worked out nicely for Bono. This man holds a whopping $700 million despite his humanitarian image. He made a smart move back in the day by investing in Facebook through his private equity firm, Elevation Partners.
3. Bono: $700 Million (Cont.)
He turned a $90 million investment into billions. Bono also dabbles in fashion with his clothing line EDUN, which he started with his wife, Ali, to help promote trade in Africa. Plus, there’s Beats Electronics, which Apple bought for a cool $3 billion in 2014.
2. Bruce Springsteen: $750 Million
Here, we have the working-class hero with a decidedly upper-class bank account. As per reports, “The Boss” sold his music catalog to Sony in December 2021 for a reported $500+ million. His breakthrough album, Born to Run, saved him from being dropped by Columbia Records.
2. Bruce Springsteen: $750 Million (Cont.)
Ultimately, it launched a career that would see him sell over 140 million records worldwide. His Springsteen on Broadway show was a great success, with over $113 million made. In 2024, Springsteen released Road Diary: Bruce Springsteen and The E Street Band, a documentary available on Disney+.
Road Diary: Bruce Springsteen and The E Street Band | Official Trailer | Hulu by Hulu
1. Paul McCartney: $1.2 Billion
Yesterday, all his troubles seemed so far away—and with $1.2 billion, Sir Paul McCartney can likely keep troubles at bay. This man’s vegetarianism isn't just a personal health choice but became a business venture through Linda McCartney Foods, a successful vegetarian food company.
1. Paul McCartney: $1.2 Billion (Cont.)
McCartney's career began with The Beatles, who sold more than 600 million albums. Iconic songs like "Hey Jude", "Yesterday", and "Let It Be" continue to generate royalties. His wife, Nancy Shevell, also contributed approximately $63 million to their combined net worth through her family’s trucking business.