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news

Paul McCartney



Magazine Names McCartney UK's Richest Musician


 
With a fortune estimated at $750 million, ex-Beatle tops runner up, Elton John, by $250 million.
 
by Rob Kemp


Paul McCartney has profited massively from investments in music publishing, controlling the copyrights to such Broadway hits as "Grease" and "Hello Dolly!" ( )

It's no tremendous surprise, given his legendary business smarts, but Paul McCartney has been named the UK's wealthiest musician by the British magazine Business Age.

The magazine estimated the ex-Beatle's personal fortune to be around


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$750 million. The figure includes his album sales, royalties, investments and property holdings.

McCartney's nearest rival is Elton John, who falls behind him by about $250 million, with a fortune estimated by Business Age at $500 million. Rated at #3 and #4 are Rolling Stones Mick Jagger ($225 million) and Keith Richards ($220 million), respectively. Tied for fifth are Las Vegas stalwarts Tom Jones and Engelbert Humperdinck ($149 million each). David Bowie is rated at #7, with a fortune estimated at $145 million. In 1997, Business Age rated Bowie the world's richest musician, due to the hoopla at the time regarding his "Bowie bonds." In the magazine, Business Age editor Chris Butt claimed those 1997 figures were "inflated," and that "Bowie's Internet ventures, such as Bowienet and Bowiebanc.com, have failed to deliver," hence his diminished rating.

Sting, Phil Collins and George Harrison round out the top 10 at #8, #9 and #10, respectively.

Since the demise of the Beatles, McCartney's business acumen has proven unmatched among pop stars. Although Michael Jackson continues to own Northern Songs, the publishing company that supervises the Beatles catalog, McCartney has profited massively from investments in music publishing, controlling the copyrights to such Broadway hits as "Grease" and "Hello Dolly!," as well as the catalog of the songs of Buddy Holly and standards like "Autumn Leaves."

Here are the top 40 richest rock stars according to net worth, estimated by Business Age:

1. Paul McCartney, $750 million

2. Elton John, $ 500 million

3. Mick Jagger, $225 million

4. Keith Richards, $220 million

5. Tom Jones, $149 million

6. Engelbert Humperdinck, $149 million

7. David Bowie, $145 million

8. Sting, $143 million

9. Phil Collins, $143 million

10. George Harrison, $128 million

11. Ringo Starr, $111 million

12. Eric Clapton, $108 million

13. U2 — Paul Hewson (Bono), Larry Mullen, Adam Clayton and Dave Evans (The Edge) — $105 million each

14. George Michael, $105 million

15. Rod Stewart, $101 million

16. Charlie Watts (the Rolling Stones), $96 million

17. Cliff Richard, $89 million

18. David Gilmour (Pink Floyd), $86 million

19. Robert Plant and Jimmy Page (Led Zeppelin), $85 million

20. Ronnie Wood (the Rolling Stones), $82 million

21. Mark Knopfler (Dire Straits), $82 million

22. Roger Waters (Pink Floyd), $74 million

23. John Deacon, Brian May and Roger Taylor (Queen), $67 million each

24 Nick Mason (Pink Floyd), $64 million

25. Rick Wright (Pink Floyd), $61 million

26. Jim Kerr (Simple Minds), $60 million

27. Mick Hucknall (Simply Red), $57 million

28. Van Morrison, $52 million

29. The Bee Gees (Barry, Robin and Maurice Gibb), $49 million each

30. Chris de Burgh, $45 million

31. Victoria Beckham (Spice Girls), $37 million

32. Noel Gallagher (Oasis), $36 million

33. Dave Stewart (Eurythmics), $34 million

34. Melanie Chisholm and Melanie Brown (Spice Girls), $33 million each

35. Emma Bunton (Spice Girls), $31 million

36. Liam Gallagher (Oasis), $28 million

37. Geri Halliwell (ex-Spice Girl), $25 million

38. Annie Lennox (Eurythmics), $22 million

39. Norman Cook (a k a Fat Boy Slim), $21 million

40. Robbie Williams, $16 million











 
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