Concert tours, album sales, paid appearances, and merchandise is just part of the reason why musicians can make multi-million dollar salaries. Of course, that doesn’t happen overnight. It takes many years of hard work and a loyal fan base to maintain this level of wealth.
These talented musicians are spread across multiple genres and are comprised of both music veterans and relative newcomers. Forbes released the top musical artist’s net worths and you’d be surprised just how much Billy Joel, Lady Gaga, and Paul McCartney are making.
Elton John Is Worth Roughly $500 Million
In a highly competitive industry, Elton John has managed to stay relevant throughout his five-decade career. He’s sold more than 300 million records, which makes him one of the best-selling artists ever. Also, he is one of the few singers to have over 50 songs that became Top 40 hits.
Now, John is making most of his salary through elaborate concert tours, but his music is still heavily downloaded and streamed. The most recent records of his annual net worth come in at about $500 million. His buzzworthy biopic, Rocketman, also helps him out.