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Madonna is the first woman in music to earn $100 million for a year (2009) and has become the highest-paid female musician a record 11 times. Taylor Swift remains the female musician with the highest annual earnings ever with $185 million in 2019, breaking previous record set by herself in 2016 with $170 million.
American rapper Jay-Z is the wealthiest music artist in the world, with Forbes estimating his net worth at US$2.5 billion in 2024.. The following is a list of music artists with the highest recorded net worth (also known as wealthiest musicians or richest musicians), based on calculations by reputable publications such as Forbes and The Sunday Times Rich List.
According to industry figures, recording an album can cost $250,000 to $300,000, making it difficult for artists to make a living without a record label. Musicians are increasingly forgoing the ...
Top 10 highest-grossing live music artists in North America of the 2000s [48] Rank Artists Nationality Nominal gross Tickets sold 1 Dave Matthews Band: United States $529.1 million 11.6 million 2 Celine Dion: Canada $522.2 million 4 million 3 Kenny Chesney: United States $455.6 million 8.6 million 4 Bruce Springsteen: United States $444.3 million
The American Society of Composers, Authors and Publishers (ASCAP) announced record financial results for 2023, with $1.737 billion in revenue and $1.592 billion available for royalty distributions ...
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In the early 21st century, tour revenue skyrocketed as record sales collapsed and musicians began relying on live shows for their income. [4] The first tours to surpass $100 million in revenue, according to reports, were Michael Jackson's Bad World Tour and Pink Floyd's A Momentary Lapse of Reason Tour, both of which ran from 1987 to 1989.
Streaming platforms like Spotify, Tidal or Apple Music have made it easier than ever to listen to and discover music, but they have also disrupted how people in the music industry make money.