List of music artists by net worth

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American rapper Jay-Z is the wealthiest music artist in the world, with Forbes estimating his net worth at $2.5 billion in 2024.

The following is a list of music artists with the highest recorded net worth (also known as wealthiest musicians or richest musicians), based on calculations by reputable publications such as Forbes and The Sunday Times Rich List. As of 2024, five music artists have reached the billionaire status on Forbes reports: Jay-Z leading the list with US$2.5 billion, and becoming the first billionaire music artist, followed by Rihanna, the first billionaire female artist, and Taylor Swift, the first billionaire to primarily gain their wealth on the basis of her music and performances.

When Forbes 400 Richest Americans debuted in 1982, Yoko Ono was the only musician listed, with a net worth of $150 million (equivalent to $368 million in 2021), largely due to the music royalties of her late husband's band the Beatles.[1] In 1991, Forbes estimated Michael Jackson's net worth at $230 million (equivalent to $400 million in 2021), making him the wealthiest musician and the second wealthiest entertainer, behind comedian Bill Cosby.[2] After his death, it is estimated that Jackson's estate is worth over $2 billion as of 2024.[3][4]

Forbes lists are dominated by American artists, while musicians of other nationalities have built their wealth predominantly in the U.S., such as Celine Dion. Reports from others business-related publications such as Bloomberg L.P. could differ; for instance, they valued Kanye West at US$6.6 billion in 2021, while West himself measured at least US$3.3 billion in 2020.[5][6] Outside of Forbes, net worth estimations could vastly vary amid same artists and different sources, as some media outlets have published estimations from various websites and lists such as CelebrityNetWorth, Bankrate and Sunday Times Rich List. Artists such as Bono and Paul McCartney have been claimed to achieve billionaire status, albeit denied by Forbes.[7][8]

Forbes

The following are music artists with a net worth of over $300 million (adjusted for inflation) according to Forbes. The artists are listed based on the nominal figure on their most recently available estimation.

Music artists with the highest net worth reported by Forbes
Artists Nationality Lifetime Net worth Report year Ref.
Latest
estimation
Peak
estimation
Peak estimation
adjusted in 2021 $
Latest Peak
Jay-Z United States 1969–present $2.5 billion $2.5 billion 2024 [9]
Rihanna Barbados 1988–present $1.4 billion $1.7 billion $NaN 2024 2022 [10][11]
Taylor Swift United States 1989–present $1.3 billion $1.3 billion 2024 [12]
Bruce Springsteen United States 1949–present $1.1 billion $1.1 billion 2024 [13]
Jimmy Buffett United States 1946–2023 $1 billion $NaN 2023 [14]
Madonna United States 1958–present $850 million $850 million 2024 [15]
Dr. Dre United States 1965–present $800 million $800 million 2019 [16]
Beyoncé United States 1981–present $760 million $800 million $NaN 2024 2023 [17][18]
Sean "Diddy" Combs United States 1969–present $740 million[lower-alpha 1] $820 million $820 million 2019 2017 [20][21]
Julio Iglesias Spain 1943–present $600 million[lower-alpha 2] $NaN 2023 [22]
Celine Dion Canada 1968–present $550 million $550 million 2024 [23]
Barbra Streisand United States 1942–present $460 million $460 million 2024 [24]
Dolly Parton United States 1946–present $450 million $450 million 2024 [25]
Jon Bon Jovi United States 1962–present $410 million $410 million 2016 [26]
Kanye West United States 1977–present $400 million $2 billion $NaN 2024 2022 [27][6]
Michael Jackson United States 1958–2009 $350 million $450 million 2003 [2]
Katy Perry United States 1984–present $350 million $350 million 2024 [28]
Mariah Carey United States 1969–present $225 million[lower-alpha 3] $257 million 2007 [29]
Yoko Ono Japan 1933–present $150 million $368 million 1982 [1]

Sunday Times Rich List

The following are music artists from the United Kingdom with a net worth of over £300 million according to the Sunday Times Rich List.

Music artists with the highest net worth reported on the Sunday Times Rich List
Artist(s) Nationality Lifetime Net worth Report year Ref.
Latest
estimation
Peak
estimation
Peak estimation
adjusted in 2021 £
Latest Peak
Paul McCartney[lower-alpha 4] United Kingdom 1942–present £1 billion £1 billion 2024 [32]
U2 Ireland 1976–present £625 million £NaN 2022 [33]
Andrew Lloyd Webber United Kingdom 1948–present £504 million £820 million £820 million 2023 2019 [34][35]
Coldplay United Kingdom 1997–present £471 million £NaN 2022 [36]
Elton John United Kingdom 1947–present £470 million £470 million 2024 [37]
Sting United Kingdom 1951–present £320 million £NaN 2022 [38]
Mick Jagger United Kingdom 1943–present £318 million £NaN 2022 [39]
Keith Richards United Kingdom 1943–present £303 million £NaN 2022 [33]
Ed Sheeran United Kingdom 1991–present £300 million £NaN 2023 [40]

Other sources

The following are music artists with a net worth of over $500 million according to other business-related publications.

Artists Nationality Lifetime Net worth Adjusted in 2021 $ Report year Source Ref.
Selena Gomez United States 1992–present $1.3 billion 2024 Bloomberg [41]

Artist's estates

In 2020, one Elvis Presley's state executive told Rolling Stone magazine that artist's estate was worth between US$400-500 million.[42] As of 2024, the Estate of Michael Jackson has been valued over US$2 billion.[3][4]

See also

Notes

  1. Forbes has not updated the net worth of Sean "Diddy" Combs since 2019. However, former Forbes editor Zack O'Malley Greenburg estimated Combs' net worth at $1 billion on a Substack report in 2022.[19]
  2. Julio Iglesias' net worth according to Forbes Spain.
  3. Forbes has not reported an updated estimation of Mariah Carey's net worth since 2007.
  4. Paul McCartney's estimation includes his wife Nancy Shevell's wealth, hence Forbes disputed McCartney's status as a billionaire. Shevell's family owns a trucking company which generates over $300 million per year in revenue. In 2008, McCartney disclosed personal net assets of £387,012,000 (about $600 million) as part of divorce proceedings with ex-wife Heather Mills. In 2013, Forbes estimates his net worth roughly at $650 million.[30] As of 2024, McCartney has yet to appear on Forbes's world's billionaires list.[31]

References

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