Forbes: McCartney worth $1.4 billion, world’s third-richest musician
Former Beatle Paul McCartney, 84, is now a billionaire in his own right, according to Forbes. Among musicians, only Jay-Z ($2.8 billion) and Taylor Swift ($2 billion) are richer.
Sir Paul McCartney has joined the billionaire club. Forbes reported on Monday that the 84-year-old British musician is worth $1.4 billion, according to The New Times and Capital FM. That makes him the world's third-richest musician. Hip-hop mogul Jay-Z leads the list at $2.8 billion, with Taylor Swift second at $2 billion. The Sunday Times Rich List named McCartney the UK's first billionaire musician in 2024, Capital FM noted. That figure included the wealth of his wife, Nancy Shevell. The Forbes valuation counts his fortune alone. Capital FM also pointed out that Jay-Z and Rihanna built their fortunes largely on spirits, fashion and beauty brands. McCartney made his money from owning songs and from touring. The business side began with frustration. Early Beatles record deals paid the band a fraction of what they generated, both outlets reported. In 1969, McCartney founded his own publishing company, MPL Communications. It now owns the rights to thousands of songs. They include music from Grease, "Blue Suede Shoes" and Christmas favourites such as "Baby, It's Cold Outside" and "Blue Christmas". Beatles money still flows in. According to Forbes, Apple Corps, the band's company, earns more than $50 million a year. The money comes from streaming,…
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