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Paul McCartney Becomes a Billionaire as World's Third-Richest Musician
Variety • • general
Key Points:
- Forbes has ranked Paul McCartney's net worth at approximately $1.4 billion, making him the world's third-richest musician behind Taylor Swift and Jay-Z.
- The majority of McCartney's fortune comes from MLP Communications, his publishing company managing his own and other artists' catalogs, including acquisitions like Buddy Holly's works and Broadway scores.
- As a quarter owner of the Beatles' Apple Corps, McCartney earns around $50 million annually from streaming, vinyl sales, and merchandise, with his share of Beatles songwriting copyrights bringing in an additional $10 million per year.
- His total wealth is further bolstered by world tours such as "Got Back," global real estate holdings, and an art collection featuring works by Magritte and Picasso.
- McCartney remains active musically, recently releasing his 20th solo album "The Boys of Dungeon Lane" and being featured in the documentary "Man on the Run," which explores his post-Beatles career.
