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10 Richest Musicians Of All Time

By SiliconIndia   |   Friday, 03 May 2013, 13:57 Hrs   |    1 Comments
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Bangalore: There may be many talented musicians in the world but only few thrived to the top. Some believe having pure knowledge in music could place them on top, while others believe in commercializing the music which could very well earn them the fame and money.

There are artists who have invested their time in other ventures along with their music career which reflected in their wealth. Now let us look at 10 richest musicians in the world, compiled by Business Insider.

#10 Michael Jackson - $350 million

Referred as the “King of Pop" or by his initials, MJ was the most successful entertainer of all time. In the late 80's and 90's he earned $50 million a year.  In the year 1985, one of his bestselling albums "Thriller" had sold 66 million copies worldwide. He toured various places and has performed number of lucrative shows. He also had a record deal with Pepsi worth $5 million which is currently worth $11 million.

However, Michael Jackson had debts in millions; he had bought “Neverland” ranch for $19.7 million in the year 1987 and invested another $35 million to it. In the year 2003, the debt was estimated to be around $200 million. He also invested in various places such as ATV Music, which also includes the Beatles’ catalog which he bought for $47.5 million; however, the same is later bought back by Beatles’ Paul McCartney.

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Reader's comments(1)
1: where is the queen of pop,.........the goddess of music....madonna.
she had a reported net worth of 650 million dollars and after her mdna tour,launch of perfume line truth or dare,release of mdna album, she has reached a net worth of dollar 1 billion. its not me who is telling this.....but its the media....and madonna's close people.....u can verify this on the net....better get ur facts right and include madonna in d list, she should b on d second place.
Posted by:atindra - 09 May, 2013