Richest musicians in the world ranked by net worth

Rich musicians heading towards $1 billion net worth

Bubbling under this ranking list are several musicians with a wealth of around $400 to $500m. For example, Bruce Springsteen, Dolly Parton, Dr Dre, Julio Iglesias, Garth Brooks and Kanye West. Immediately above them are the seven artists below.  

Elton John - $650m. A conservative figure likely to rise. The flamboyant singer and pianist will have banked even more in 2023 as his farewell tour continued until mid-year.  Look out for an increase this year as that kicks in. 

Bono - $700m. The U2 frontman is back in the public eye and earning well after their recent residency at the Las Vegas Sphere. Some estimates of his wealth are far higher. They tend to be wrongly based on an early investment made in Facebook, but that being shared with several others is often overlooked. 

Celine Dion - $800m. Unfortunately, Dion has had to cancel stage appearances in recent years due to her stiff-person syndrome diagnosis. Recent public appearances showed her in a positive mood though. She is reportedly still hopeful of being able to perform again.

Selena Gomez - $800m. Gomez has combined acting, singing, producing, and developing her make-up business Rare Beauty. That's tipped to take off soon. We should expect Gomez to feature much higher in the future too.

Herb Albert - $850m. Albert is well known for his Tijuana brass band and many hit songs. What's often overlooked is that he is the A in A&M Records, which he founded in 1962 with Jerry Moss. Aged 88 he should have more than enough wealth for a comfortable retirement.

Madonna - $850m. Still influential and indeed busy. Madonna is currently on the North American leg of her Celebration Tour. It marks her amazing 4 decades of great music. The tour will no doubt be adding more to her wealth and she's another tipped to see her total rise further in 2024.

Paul McCartney - $950m. McCartney is yet another legend who has been touring recently. His Get Back tour closed in Rio De Janeiro in mid-December. Estimates are that a touring year brings him in around $50-$70m. His wealth is highly likely to exceed $1B in 2024.