The highest paid musicians in 2022
Today’s hottest artists receive some of the highest salaries in the music industry. Here’s a look at some of the highest paid musicians in 2022 according to Forbes.
1. Bruce Springsteen
Earnings: $435 million
Bruce Springsteen significantly increased his wealth last year after selling his masters and music publishing to Sony Music Publishing for around $500 million, Billboard reports. The publication indicates that this could be the largest musical contract for an individual work.
Springsteen expressed his gratitude for the support he has received over the years. He credits Sony Music for his respect as an artist.
“I’m an artist who can truly say that when I signed with Columbia Records in 1972, I came to the right place,” Springsteen said in a statement (via Billboard). “For the past 50 years, the men and women of Sony Music have treated me with the utmost respect as an artist and as a person. I am delighted that my legacy continues to be supported by society and the people I know and trust.
Earnings: $340 million
Jay-Z has earned his wealth from album sales, concert tours and more. Jay-Z and Beyonce On The Run II tour has grossed over $250 million, reports Billboard. Last year, Jay-Z further boosted his earnings by cashing in on his stake in Tidal.
3. Kanye West
Earnings: 235 million dollars
Kanye West makes money from album sales, tours, sales of his Yeezy brand, and more. During an interview with Jimmy Kimmel, West says he appreciates people embracing him as a designer.
“When you go out and take a creative journey, it’s exciting for people to appreciate that,” West says. “Especially if people didn’t think it was possible.”
He released his first studio albumDropping out of schoolin 2004. The following year, he released his second album, College enrollment.
4. Paul Simon
Earnings: 200 million dollars
Simon releases his first studio album, The Paul Simon Songbookin 1965. In 1972, he released his second album, Paul Simonwhich was certified platinum by the Recording Industry Association of America.
5. Bob Dylan
Earnings: $130 million
Bob Dylan released his first studio album, titled Bob Dylanin 1962. His second album, Bob Dylan coastingwas released in 1963. In addition to his Grammy awards, some of Dylan’s most notable honors include a Nobel Prize in Literature (2016), the Presidential Medal of Freedom (2012), a Golden Globe Award (2001), a Pulitzer (2008) and recognition at the Kennedy Center Honors (1997).
6. Hot red peppers
Earnings: $116 million
The Red Hot Chili Peppers have released their first studio album, Hot red peppersin 1984. The following year they released their second album, weird style. This year, the Red Hot Chili Peppers received the Global Icon Award at the MTV Music Video Awards.
7. Sean “Diddy” Combs
Earnings: 90 million dollars
Sean “Diddy” Combs began his entertainment career as a talent scout at Uptown Records. He then started Bad Boy Records in 1993. So far, Combs has received three Grammy awards. His first win was in the Best Rap Album category for his 1997 album No Exit.
8. Lindsey Buckingham
Earnings: $73 million
Lindsey Buckingham is known to be a member of the band Fleetwood Mac alongside former flame Stevie Nicks. Buckingham increased its wealth by selling its entire publishing catalog last year, Variety reports.
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