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Paul McCartney Becomes a Billionaire, Making Him the World’s Third-Richest Musician
Yahoo • • 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 catalog and other artists' copyrights, including acquisitions like Buddy Holly's catalog and Broadway scores.
- As a member of The Beatles, McCartney earns 25% of the Apple Corps holding company's $50 million annual revenue, plus $10 million annually from Beatles songwriting copyrights he legally secured.
- His earnings also include income from world tours, such as the ongoing "Got Back" tour, 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 the subject of the documentary "Man on the Run," directed by Morgan Neville.
