Entertainment


Paul McCartney becomes third wealthiest musician: Forbes

Moscow, Nov 10 (Sputnik/UNI) Paul McCartney, a founding member of the British rock band The Beatles, has reached third place on the list of the world's wealthiest musicians, with a net worth exceeding $1 billion, according to Forbes magazine.
The magazine reports that the world's wealthiest musician is currently American rapper Shawn Carter, known as Jay-Z, whose net worth is estimated at $2.8 billion. He is followed by singer Taylor Swift with a net worth of $2 billion.
McCartney’s net worth is now at least $1.4 billion, the magazine estimated.
According to the publication, the primary source of the musician's income is his holding company, MPL Communications. Forbes identifies this company, which owns a vast catalog of songs by McCartney himself as well as other artists, as his key business venture, valuing it at a minimum of $250 million. The magazine’s estimate of McCartney's wealth also accounts for earnings from his concert tours, global real estate holdings, and an art collection featuring works by renowned artists.
Paul McCartney served as the bass player, singer and songwriter for The Beatles from 1960 to 1970. Since leaving the band, he has pursued a successful solo career, which continues to this day.
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Paul McCartney becomes third wealthiest musician: Forbes

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