With the Grammys coming up, some of your favorite music stars will be picking up awards. The recognition of a Grammy is great, partly because it sometimes translates into great record sales and more money for the artists. With that in mind, we thought we would take a look at some top earners in the music business. Wouldn’t it be nice to be on U2’s payroll?
A recent piece on Forbes.com detailed the 25 highest paid musicians in 2011. While there may be a few changes to this list once 2012 comes to an end, most of these performers will likely remain at the top.
In this article, we are going to take a closer look at the 10 highest paid musicians in the world. These solo acts and groups know what it takes to entertain fans while also bringing home plenty of cash.
1. U2 – $195 million. It seems like U2 has been around forever. That being said, one thing never changes: they have millions of fans and they will continue to earn millions of dollars every year.
2. Bon Jovi – $125 million. Much like U2, Bon Jovi is one of those acts who has been around for a long time. Many will be surprised to see him at #2 on the list, but he has definitely earned his spot at the top.
3. Elton John – $100 million. What more can you say? Elton John has been wowing audiences for many years and continues to make tons of money doing so.
4. Lady Gaga – $90 million. Lady Gaga is no longer “on the edge of glory.” She has surpassed that many times over, performing more than 100 concerts last year in 22 countries.
5. Michael Buble – $70 million. Perhaps the biggest surprise on the list, Buble comes in at #5. Strong album sales combined with a concert tour have pushed him past many “bigger name” stars.
6. Paul McCartney – $67 million. The Beatles are long gone but Paul McCartney is still entertaining fans all over the world.
7. The Black Eyed Peas – $61 million. In addition to high grossing concerts performed all over the world, The Black Eyed Peas made quite a bit of money on endorsement deals (Pepsi, Samsung, and Verizon among others).
8. The Eagles – $60 million. You can never hear “Hotel California” too many times. The Eagles are banking on the fact that their hits stay popular for many years to come.
9. Justin Bieber – $53 million. The youngest artist on the list, Bieber’s following is growing by the minute. Don’t be surprised if you see him at the top of this list in the near future.
10. Dave Matthews Band – $51 million. For fans, there is nothing like a Dave Matthews Band concert. With the band grossing more than $1 million per show, they will likely be touring for a long time to come.
Some of these acts may not win Grammys this year, but they’re none the worse for it. What would you rather have, the money or the prestige?