Successful entertainers belong to the richest people in our society. Successful singers in particular belong to the richest people in the entertainment industry in general. A hit single is often enough to propel a singer to millionaire status.
However, the absolute richest musical artists have brought in some best-selling songs and albums. And most of them are not only successful domestically, but also sell their records around the world. Therefore, it is not surprising that the following Top 10 richest singers in the world ranking includes some of the singers of the best-selling music artists of all time, as well as the best-selling band of all time. Grand.
While their record sales certainly still make up a large portion of their overall net worth, singers today have more sources of income. Concerts/tours, commercials, sponsorship deals, social media influence, television appearances, etc are all different ways of making money for a music artist as they get breakthrough. Often times, singers will also enter into completely different businesses that have nothing to do with the music industry and also add to their net worth.
In any case, the richest singers in the world are easily millionaires. The singer who is currently the richest in the world is even a billionaire as you will see in the following Top 10 singers ranking.
Top 10 richest singers in the world
(as of April 2020)
TOP 10 RICHEST SINGERS IN THE WORLD:
Net worth: ~1.2 billion USD
Net worth: ~$700 million
Net worth: ~$600 million
Net worth: ~$570 million
Net worth: ~$540 million
Net worth: ~ 520 million USD
Net worth: ~$510 million
Net worth: ~$500 million
Net worth: ~ $490 million
Net worth: ~ 450 million USD
Net worth: ~ $1.2 billion
Born: June 18, 1942 in Liverpool, England, UK
Nationality: British
Source of wealth (music): Part of The Beatles & Solo 's career Record producer (through record label MPL Communications )
Source of wealth (other): Co-owner of Apple Corps (media company)
2. Bono (Paul Hewson)
Net worth: ~ $700 million
Real name: Paul Hewson
Born: May 10, 1959 in Dublin, County Dublin, Ireland
Nationality: Irish
Source of wealth (music): Part of U2
Sources of Wealth (other): Co-owner of Clarence Hotels (in Dublin, Ireland), Board member of Zipline ( drone delivery company), Book Author
3. Rihanna (Robyn Fenty)
Net worth: ~$600 million
Real name: Robyn Fenty
Born: February 20, 1988 in Bridgetown, Saint Michael, Barbados
Nationality: Barbadian
Source of wealth (music): Solo career
Source of Wealth (other): Founder & Owner of Westbury Road Entertainment , Co-owner of Tidal (music streaming service),
Separate fragrance lines (for Parlux Perfume )
4. Madonna (Madonna Ciccone)
Net worth: ~ 570 million USD
Real name: Madonna Ciccone
Born: August 16, 1958 in Bay City, Michigan, USA
Nationality: American
Source of wealth (music): Solo career
Source of wealth (other): Co-owner of MG Icon (perfume company), Co-owner of Tidal (music streaming service),
Own fashion line (for H&M , Dolce & Gabbana & Macy's )
5. Mariah Carey
Net worth: ~$540 million
Born: March 27, 1969 in Huntington, New York, United States
Nationality: American
Source of wealth (music): Solo career
Source of Wealth (other): Private Line (for Elizabeth Arden ), Private Line (for Swarovski )
6. Elton John
Net worth: ~$520 million
Born: March 25, 1947 in London, England, UK
Nationality: British
Source of wealth (music): Solo career
Source of Wealth (other): Founder and Owner of Elton's Closet , Art Collection (among the largest), shareholder of Watford FC (English football/football club)
7. Dolly Parton
Net worth ~$510 million
Born: January 19, 1946 in Pittman Center, Tennessee, USA
Nationality: American
Source of Wealth (music): Solo career
Source of Wealth (other): Founder and owner of Dixie Pixie Productions (film production company), Co-owner of The Dollywood Company (amusement park company)
8. Gloria Estefan
Net worth: ~$500 million
Born: September 1, 1957 in Havana, Havana, Cuba
Nationality: Cuban & American
Source of wealth (music): Solo career
Sources of Wealth (other): Co-owner of Bongos Cuban Cafe & Larios on the Beach (restaurant chain), Co-owner of Hotel Costa d'Este (in Vero Beach, USA), Co-owner of The Cardozo hotel (in Miami Beach, USA), Miami Dolphins Co-Owner (American football franchise), Board member of Univision Communications (TV Network), Book Author, Acting Work
9. Bruce Springsteen
Net worth: ~ $490 million
Born: September 23, 1949 in Long Branch, New Jersey, United States
Nationality: American
Source of wealth (music): Solo career
Sources of Wealth (other): Broadway Show, Book Author
10. Celine Dion
Net worth: ~$450 million
Born: March 30, 1968 in Charlemagne, Quebec, Canada
Nationality: Canada
Source of wealth (music): Solo career
Sources of Wealth (other): Co-founder & co-owner of Les Productions Feelings (entertainment company) , Co-founder & Co-owner of Nickels (restaurant chain) , Co-owner of Schwartz Restaurant (in Montreal, Canada) , Co-owner of Le Mirage Golf Club (in Terrebonne, Canada), Co-Owner of Pure (a nightclub in Las Vegas, USA) , Own Perfume Line (for Coty)
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