Top Richest Rock Stars in the World and Net Worth(ranked from highest to lowest in 2023)
Have you dreamt of being a musician or wondered if music pays to the point that someone is said to be rich? Then, do not miss out as we look into the top Rock stars in the music industry who have amassed wealth worth millions of dollars from their music career.
Music has become a lucrative job as every young person who wants to be a musician has inspiration from star celebrities who have left incredible marks through their music. Being a musician gives you influence through fame and money earned from royalties, tours, and album sales.
This list delves into the net worth of the rockstars who have made their earnings from their music career to find out who is the wealthiest rock star and how they earned it.
Paul McCartney is the wealthiest composer and songwriter, with a net worth of 1.2 billion dollars; his career has spanned over five decades. He has worked with various bands, including the Beatles and Wings bands, the most successful back then. He has been performing as a solo artist to date.
Bono is an Irish musician with a net worth of 700 million dollars, ranking him the second richest pop music rockstar. He worked with the U2 band, which embarked on several tours and sold over 170 million records worldwide. His wealth is believed to be from pre-IPO investments in Facebook through his private equity fund, Elevation Partners, as one of the founder partners, which gave them net profits of around 1.5 billion dollars, with Bono making a return profit of $40 and $50 million on his investment.
He is an American singer and songwriter with a net worth of $650 million. He succeeded both as a solo artist and with E street band as the lead artist; his earnings from over 135 million album sales are estimated to be $80 million. Bruce is also believed to have amassed his wealth by selling his music catalog rights at a cost of more than $500 million.
Jimmy Buffet is an American singer-songwriter, film producer, author, and businessman. He has a net worth of $600 million, ranking among the top pop music stars. His income is from his music career and business ventures with the global Margaritaville empire, spreading across hotels, restaurants, casinos, and clubs, which earn him an estimated $50 million annually.
Elton is a successful British songwriter, singer, composer, and pianist. He is known as one of the most commercially successful artists, with a net worth of $550 million and his annual earnings estimated to be $80 million. He is the fifth best-selling music artist with over 300 million album sales worldwide. He also owns $100-200 million of arts and $50 million of real estate.
Elton is one of the most-paid entertainers. Between June 2017 and June 2018, he earned $45 million. Between 2011- 2018, he held The Million Dollar Piano Show at his Las Vegas residency, where he negotiated a deal to receive 88% of the door revenues for every show, which translates to $500,000 in earnings per show.
His final tour, Farewell Yellow Brick Road, earned him an estimated $853 million over 293 shows, becoming the highest-grossing tour ever.
Sting (Gordon Sumner)
Sting is a British musician, philanthropist, actor, and real estate investor. He has a net worth of $550 million. He is remembered as a member of The Police band and as a solo artist. They released five albums with his bandmates Stewart Copeland and Henry Padovani, which topped the charts in several European countries.
Sting’s income and wealth are believed to be from the earnings of his music career, including album sales, royalties, and show revenues from his tour shows. He also sold his songwriting catalog in February 2022 for $300 million, adding to his wealth.
Dylan is an American singer, songwriter, author, actor, record producer, and peace activist. He has a net worth of $500 million, earnings from his music career. He is one of the prolific songwriters, and his songs have been covered by many artists, which still earned him income. His earnings from the royalties are estimated at $1.5 million per year.
At the end of 2020, Bob sold 100% of his music catalog for $400 million to Universal Music Publishing Group. In 2021, he signed a deal with Sony to purchase his master records for $200 million, which sales add up to his vast wealth.
Bob’s wealth also cuts across the real estate; he owns a $105k property in Malibu and a multi-acre compound with a 6000 square feet mansion, a massive lagoon-style pool, and a basketball court. He also owned a 25-acre Scottish property called Aultmore worth $2.9 million, which he put up for sale in July 2023 for $3.9 million.
Mick Jagger, also known as Sir Michael Philip Jagger, is a British singer, songwriter, actor, and film producer; he is known as the lead vocalist of The Rolling Stones band. Mick has a net worth of $500 million earned from songwriting, touring, merchandise sales, acting, and film production, with over 200 million record sales worldwide.
Jagger’s wealth cut across earnings from his music career and real estate; he owns $250 million worth of real estate, including multi-million-dollar mansions and business premises. In London and New York, he also owns a six-room beach compound on a private Island and a second home in Mustique, which rents out for $11-50k per week. He also holds a $1.98 million house he bought in 2020.
Keith is an English singer, songwriter, record and film producer, and musician. He has a net worth of $500 million. He is a band member of the Rolling Stone band and co-founder, secondary vocalist, and guitarist.
He amassed his wealth through the sales of their album record with over 200 million sales worldwide and revenue from their show tours. In 2018, it was estimated that they earned $117 million in gross income.
He owns a collection of approximately 3000 guitars and real estate valued at multi-million dollars, including Redlands, a Sussex estate he bought in 1966, which he sold out for $4.68 million, a home in Weston, Connecticut, and Parrot Cay private resort island, in the Turks and Caicos Islands.
Eric Clapton is a British blues rock artist, singer, songwriter, guitarist, and composer. He has risen to be one of the big stars in the music industry through his solo music and band collaborations. He has a net worth of $450 million, which he has earned through his music, whereby he owns multi-million real estate spread across different countries in Europe, including the USA, France, and England, fleets of luxurious cars, and a collection of arts valued at more than $100 million.
Jon Bon Jovi
Jon Bon Jovi is an American rock star, singer, songwriter, actor, and philanthropist with a net worth of $410 million. Besides music, His success in music and business has earned him a fortune. He has sold 130 million albums worldwide, with their estimated gross earnings as a band between $100-150 million annually.
He also has a vast real estate portfolio with multi-million-dollar properties in New York. He owns a 7,400-square-foot penthouse, which he bought at $24 million and sold out for $34 million in 2015, which earned him a net profit of $10 million.
Also, in 2015, he paid $12.88 million for a 4,000-square-foot three-bedroom condo in Manhattan’s West Village, which sold out for $15 million in 2018, earning a profit of almost $3 million. In September 2017, Jon bought an $18.94 million four-bedroom apartment in Greenwich Village. He listed this apartment for sale at $22 million in February 2022. In New Jersey, he owned a 15-acre mansion, which he put for sale at $20 million, and in Florida.
He also owned a 5000-square-foot mansion, which he sold for $20 million in 2020.
Adam Clayton is an English-born Irish musician and bass player of U2 rock band. He has a net worth of $400 million. His wealth was earned from different sources, including album sales and show revenues for the U2 band, real estate investments, and business ventures.
Adam is one of the richest rock stars, with his net worth increasing. With multiple hit singles, albums, and sell-out tours, He has enjoyed impressive earnings throughout his career, with an estimated overview of $40 million annually as of 2022.
The U2 band became successful under him, having seen them release 12 albums, perform on the most lucrative tours, and sell over 200 million albums, which earned them 22 Grammys Awards.
Gene is an American rock legend, Singer, Songwriter, Actor, Entrepreneur, Musician, and Film and record producer with a net worth of $400 million. He and his bandmate Paul Stanley are known to be the co-founders of Kiss band, a successful band in the 90s that sold over 100 million records. He earns an impressive amount of an estimated overview amount of $3 million monthly income and $34 million annual revenue as of 2023.
His wealth mostly is from Kiss licensing deals of kiss-related logos, icons, and other intellectual property licensed for over 5,000 different products, which has generated over $1 billion from licensing fees for the band. He claimed that Kiss’s gross income is over $100 million annually from touring, merchandise, and licensing deals.
The Edge - David Evans
The Edge, also known as David Evans, is a British-born Irish Songwriter, Musician, Guitarist, and Keyboard Player. He is the founding member of the U2 band and is best known as the keyboardist and lead guitarist for the band. His role in the U2 band gave him fame, becoming one of the greatest guitarists. He has a net worth of $400 million with a successful solo career. His wealth and income are attributed to the band’s success through album sales, live performance tours, and royalties from their earlier songs, with each band member continuing to earn a good amount.
He also earns additional income from songwriting, which adds to his estimated annual income overview at $38 million as of 2022.
Larry Mullen Jr
Larry Mullen Jr. is an Irish Songwriter, musician, and actor known as a co-founder of the U2 band, bandmates, and a drummer for the band. He is one of the richest rock stars, with a net worth of $380 million.
Larry made a significant contribution to the success of the U2 band through a record of several albums with his bandmates, including Sunday Bloody Sunday, Pride (In the Name of Love), Mysterious Ways, and City of Blinding Lights.
His wealth and earnings come from his work with the U2 band through album sales and live performance tours, royalties from their songs, which sum up to $2.3 million monthly income, and $30 million annual revenue and salary, which total up to $380 million net worth as of 2022.
Lars Ulrich is a Danish musician, producer, and songwriter with a net worth of $350 million, ranking him as the wealthiest member of the band. He was the first Danish singer inducted into the Rock and Roll Hall of Fame in 2009. He is a founder of the Metallica band. They have sold over 180 million albums and performed in live concerts for 40 years as a band.
His net worth comes from his music career through live concerts and album sales, which earn him roughly $20 million per year from his live performances, which adds up to $1.5 million monthly income and $30 million annually as of 2023. He also owns property in Los Angeles valued at $28 million and several other properties in Southern California worth a hundred million dollars.
Phil Collins is an English rock star, singer, songwriter, actor, author, and drummer. He has a net worth of $350 million and is ranked as the wealthiest drummer and lead singer of all time. He did solo work as a band member of the Genesis band. He sold over 100 million albums as a solo artist, ranking among the only artists in music history to sell out as a solo artist. He has received several accolades for his immense work, including seven Grammys Awards, two Golden Globes, and an Oscar.
Phil’s net worth is generated from his music career through album sales and live performance tours with overview estimates of $45 million for each touring year with his $2 million monthly and $30 million annual income. In 2022, Phil and his bandmates sold their music catalog rights for $300 million, which topped up their net worth.
He also owns many assets, including real estate properties spread across London and Manchester and a luxurious car collection that includes a Jaguar F type, BMW X5, Audi A4, Tesla Roadster, etc.
Ringo Starr, also known as Richard Starkey, is an English singer, songwriter, actor, and film director. He is amongst the richest rock stars in the world and a member of the Beatles. His net worth is $350 million, and He has a successful solo music career, with his wealth ranging from album sales and live performance tours and real estate investments. After the Beatles broke up in 2013, Starr parted with $3 million from touring and record sales, and he earns $3-5 million per year from solo live performances.
Dave Grohl is an American rock star, singer, songwriter, and Film director. He is known for being a guitarist for the Foo Fighters and a former drummer. Dave’s net worth is $330 million, with a record of over 75 million in album sales, with his income mainly earned from his album tours.
Roger Waters is an English musician, singer, songwriter, and composer. He has a net worth of $310 million. He is known as a co-founder of Pink Floyd, although he has had a successful solo career since he left the band.
His net worth is from vast wealth and yearly earnings from music revenues; he also owns several properties, including Bond’s Bay, an island he co-owns with Shakira, a real estate portfolio, which includes expensive homes and business premises around the world, and island worth $16 million in the Bahamas.
Who is the wealthiest rock star in the world?
Paul McCartney is the wealthiest rock musician with a net worth of 1.2 billion dollars; his net worth is earned from album sales and live performance tours. He has worked with various bands, including the Beatles and Wings bands, the most successful bands. He has been performing as a solo artist to date.
Who are the top ten richest rock stars?
The wealthiest rockstars include Paul McCartney, Bono, Bruce Springsteen, Jimmy Buffett, Elton John, Sting (Gordon Sumner), Bob Dylan, Mick Jagger, Keith Richards, and Eric Clapton.
How much do rock stars make?
The world’s biggest Rock Stars can earn between $100,000 to $1 million per gig. Rock Stars earn money from album sales, live performances, and merchandise.
How do rock stars make their money?
Rockstars can start their label or work for a record label. Those who own make their money from record sales; if they work for the label, they earn a salary or hourly wage.
How much does Rockstar pay for songs?
Rockstar pays $10,000 for composition and master recording per track. Rockstar’s soundtrack budget may exceed $2 million if that deal applied to all songs.
How do Rockstars songs earn money?
Rockstar’s profit from their songs through streaming royalties, and digital downloads of their music videos make money. The artist will earn a royalty whenever a song is streamed on services like Spotify, Apple Music, and YouTube.