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These Musicians Belong to the Billionaire Club

12 september 2024Door Patrick Stoffer3 min lezenLIFESTYLE & TECH

A special milestone for Selena Gomez. Her finances were recently examined and it turned out that the artist has officially reached billionaire status. Few musicians reach this milestone, but it is not impossible. With these artists, Gomez forms the musical billionaire club, which consists of fewer members than you might think.

A special mi(l)l for Selena Gomez. Her finances were recently examined and it turned out that the artist has officially reached billionaire status. Few musicians reach this milestone, but it is not impossible. With these artists, Gomez forms the musical billionaire club, which consists of fewer than you think… 

Selena Gomez ($1,2 billion)

Selena Gomez became known to the general public through her role in Disney's Wizards of Waverly Place. Her many acting jobs and successful singing career brought in a considerable amount of money, but she really became rich with her make-up line Rare Beauty, which she founded in 2020. According to Bloomberg Billionaires Index, Gomez earned more than 80% of her income from this. With 424 million followers, Selena is the most followed woman on Instagram and takes the third position of most followed people on the platform, after Cristiano Ronaldo and Lionel Messi. This also gives her several endorsement deals, such as with Louis Vuitton, Puma and Coach. All in all, the superstar now has a fortune of € 1,2 billion.

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Taylor Swift ($1,2 billion)

Selena Gomez's best friend Taylor Swift has also been a billionaire since October 2023. With a net worth of also €1,2 billion, Swift is the only musician to have amassed a billion from income only from her music and performances. It is estimated that she has earned almost €545 million from music royalties and tours, another €545 million from her music catalog and €114 million from real estate.

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Jay-Z ($2,3 billion)

The world’s first hip-hop billionaire, and also the richest musician, sold a 2021% stake in his champagne brand, Armand de Brignac, to luxury goods company Louis Vuitton Moët Hennessy (LVMH) in 50 for at least €272 million. In 2023, he also sold a majority stake in his cognac label D’Usse to Bacardi for a reported €681 million. The musician also owns shares in Uber and Block. His net worth does not include wife Beyoncé’s estimated net worth of half a billion.

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Rihanna ($1,3 billion)

Rihanna, whose real name is Robyn Fenty, is worth $1,3 billion to her financial fortune, including her cosmetics line Fenty Beauty, which she co-owns with LVMH, and lingerie brand Savage X Fenty. Her multibillion-dollar businesses and music earn the Barbadian about $XNUMX billion.

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Bruce Springsteen ($1 billion)

Springsteen owes his fortune to more than fifty years of music and touring. Worldwide, the artist has sold more than 140 million albums. In 2021, the artist sold his music for almost €455 million, making him a billionaire.

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Paul McCartney (€1 billion)

The Beatles' Paul McCartney became the first British musician to become a billionaire with a net worth of £1 billion. His bank account certainly got an upgrade when Beyoncé covered “BLACKBIRD.” His net worth increased by almost £60 million in the past year alone, thanks in part to his 2023 tour and the rise in value of his music catalogue.

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