Paul McCartney is officially a billionaire, with a net worth of about $1.41 billion, making the 84-year-old former Beatle the world’s third-richest musician, according to Forbes.
Mr. McCartney has the highest net worth of any artist from Britain and Ireland. Worldwide Jay-Z is ranked No. 1, with $2.8 billion, and Taylor Swift at No. 2, with $2.1 billion.
Forbes attributed Mr. McCartney’s wealth to his music catalog, legal maneuvers, touring and art collection.
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The bulk of his wealth comes from MPL Communications, the publishing company he founded in 1969. Its copyrights include music by artists such as Buddy Holly, Broadway scores and Christmas standards, accounting for nearly $250 million.
Mr. McCartney also receives 25% of earnings from the Beatles’ Apple Corps, which generates about $50 million annually, and about $10 million per year from the band’s songwriting copyrights, which Forbes estimates are worth $200 million.
Forbes’ estimate includes revenue from his touring, most recently 79 shows on the Got Back tour between 2022 and 2025, and real estate and paintings by artists such as Magritte and Picasso.
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