Top 30 richest musicians in the world in 2022: Who are they?

July 2024 · 25 minute read

Music is food for the soul, and we all love listening to our favourite genres or artists? How do these stars make money? They earn through royalties, licensing fees for their work, playing live, selling merchandise, brand endorsements, and advances. The richest musicians in the world have made millions of dollars from their songs and have fans across the globe.

The richest musicians in the world have multiple revenue streams. They are known for writing, recording, and releasing hit tunes with the help of managers, sound engineers, producers, promoters, and music journalists.

Richest musicians in the world in 2022

The wealthiest artists are household names known for releasing quality singles, albums, and EPs. Check out who the richest musicians in the world are and their worth in 2022.

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30. Justin Bieber - $285 million

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Justin Bieber is a household name on the global music scene. He is from London, Ontario, Canada and has sold over 150 million records worldwide. He started his career on YouTube in 2007, and today, he is one of the highest-earning musicians. Scooter Bruan discovered him.

Justin Bieber's net worth

The artist is worth $285 million in 2022, and he earns about $60-80 million annually.

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Top quote

I'm telling you, people. Every day we wake up is another blessing. Follow your dreams, and don't let anyone stop you. Never say never.

29. Tom Jones - $300 million

Sir Thomas John Woodward OBE is an actor, singer, and musician from Wales, United Kingdom. He is one of the vocalists who gained fame in the mid-1960s, and he sold at least 100 million records during his career. Some of his top hits are It's Not Unusual, Green Grass of Home, What's New Pussycat, She's a Lady, Delilah, and Green.

Tom Jones' net worth

The talented artist has a net worth of $300 million.

Fun facts

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Top quote

Plant a radish, get a radish, never any doubt. That's why I love vegetables, you know what they're about!

28. Shakira - $300 million

Shakira Isabel Mebarak Ripoll was born in Barranquilla, Colombia, as an only child, but she has eight half-siblings from her father's previous relationship. Many of her songs are in Spanish. She started singing at local events in Barranquilla when she was about ten years old. Monica Ariza, a local theatre producer, helped her launch her career.

Shakira's net worth

The artist is worth $300 million.

Fun facts

Top quote

I love reading about history. Sometimes, I feel I was born in the wrong era. There was more creativity in the air when people were still discovering new worlds.

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27. Plácido Domingo - $300 million

Plácido Domingo has recorded at least 100 operas in his career. He is a tenor and conductor who served as the general director of the Los Angeles Opera. He started his career at 16 but made his debut appearance in opera in 1961.

Plácido Domingo's net worth

The tenor and conductor has a net worth of $300 million.

Fun facts

Top quote

Should it happen tomorrow, I would fall to my knees to give thanks to God for such a career.

26. George Strait - $300 million

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George Strait is a country music singer, producer, and actor. Unlike many artists who blend different music genres, he sticks to the traditional elements of country music. 13 of his albums have attained multi-platinum status.

George Strait's net worth

The artist is worth $300 million.

Trivia facts

Top quote

If you don’t leave the past in the past, it will destroy your future. Look at what’s in front of you, not what yesterday took away. The best is yet to come.

25. Mariah Carey - $320 million

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Mariah Carey is a singer, record producer, songwriter, actress, and entrepreneur from Huntington, New York. She started writing songs in high school, and in 1990, she released her debut album. Today, she is among the best-selling female artists.

Mariah Carey's net worth

The singer is worth $320 million. She was paid $18 million to feature in one season of American Idol, and her song All I Want for Christman earns her about 600K annually in royalties.

Fun facts

Top quote

When you feel like hope is gone, look inside you and be strong, and you'll finally see the truth- that hero lies in you.

24. Lady Gaga - $320 million

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Lady Gaga is a famous pop singer, actress, philanthropist, social activist, businesswoman, and fashion designer. She was born in Manhattan in a Catholic family, and her parents encouraged her to pursue music. Akon discovered her when she was working as a songwriter at Sony/ATV Music Publishing.

Lady Gaga's net worth

The multi-talented artist has a net worth of $320 million.

Fun facts

Top quote

Some women choose to follow men, and some women choose to follow their dreams. If you're wondering which way to go, remember that your career will never wake up and tell you that it doesn't love you anymore.

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23. Katy Perry - $330 million

Katy Perry is an American actress, musician, philanthropist, songwriter, and businessperson. She is among the highest-paid entertainers globally. In 2007, she got signed to Capitol Records and released some songs. However, it was her single I Kissed a Girl that catapulted her to fame.

Katy Perry's net worth

The talented singer is worth $330 million.

Fun facts

Top quote

I'm kind of a good girl - and I'm not. I'm a good girl because I really believe in love, integrity, and respect. I'm a bad girl because I like to tease. I know that I have an appeal in my deck of cards. But I like to get people thinking. That's what the stories in my music do.

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22. Russell Simmons - $340 million

Russell Simmons is a renowned music executive and businessperson. Back in college, he interacted with several pioneers of the hip-hop movement. He vowed to promote the genre. Initially, he was also a rapper. He did his first jam, Christmas Rappin, with Kurt Walker. He runs a media company called Simmons Lathans Media Group.

Russell Simmons' net worth

The entrepreneur and music executive is worth $340 million.

Fun facts

Top quote

No matter where you're from or what you've done, you're never stuck in a particular circumstance, relationship, or cycle unless you say you are.

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21. Cher - $360 million

Cher is a singer, fashion designer, actress, model, director, comedian, and television personality from El Centro, California. She dropped out of school at 16 to pursue singing and acting. Besides music, she has featured in numerous fashion campaigns and has released fragrances.

Cher's net worth

The talented actress and singer is worth $360 million.

Fun facts

Top quote

If grass can grow through cement, love can find you at every time in your life.

20. Toby Keith - $365 million

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Toby Keith is an American guitarist, singer, songwriter, actor, lyricist, record producer, and composer.

Toby Keith's net worth

The country singer is worth $365 million and is among the most successful country musicians of the last few decades. At 20, he started a band called Easy Money with a few friends. They played at local functions and bars. He released his debut single, Should've Been a Cowboy, in 1993 and has been soaring as a solo artist since then.

Fun facts

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Top quote

I say if you're going to take a chance on something, you just go full balls to the wall.

19. Trisha Yearwood - $400 million

Trisha Yearwood started singing at a tender age and would participate in community-organised talent shows, musicals, and church events. This artist experienced immediate success with her self-titled debut album in 1991. She's in Love with the Boy was a smash hit. The following year, she released the album Hearts in Armor, which was inspired by the pain caused by her first divorce.

Trisha Yearwood's net worth

The artist has a combined net worth of $400 million with her husband, Garth Brooks.

Fun facts

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Top quote

I don't spend time wondering what might be next; I just focus on trying to savour every day.

18. Johnny Mathis - $400 million

Johnny Mathis was born in Gilmer, Texas, and raised in San Francisco. He started working with a voice coach at 13 and had his start in the music industry at 19. He released his first EP in 1956, and although it sold slowly, Wonderful! Wonderful! and It's Not for Me to Say from the EP were played repeatedly.

Johnny Mathis' net worth

The artist is worth $400 million as of 2022.

Fun facts

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Top quote

The voice muscle doesn't last forever. I have a lot of friends who are classical and opera singers. My friend Beverly Sills stopped singing in her 50s, so I'm careful with mine. But I'll keep going as long as it lets me.

17. Jennifer Lopez - $400 million

Jennifer Lopez is a singer, record producer, actress, dancer, director, fashion designer, and businessperson. Her career has spanned over 25 years, and she is a household name in Hollywood. While she was born in America, her parents are Puerto Rican. She started taking singing and dancing lessons at five, and these shaped the music icon she is today.

Jennifer Lopez's net worth

The famous artist has a net worth of $400 million, and she makes about $40m annually from multiple income streams.

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Fun facts

Top quote

I don't regret what I've been through. I've had ups and downs, super highs and some really low lows. I've been so blessed that I could never say, 'I wish this didn't happen.' It's part of who I am. There's nothing in my life that's so ugh.

16. Shania Twain - $400 million

Shania Twain started singing at a young age. Stan Campbell, a Toronto DJ, noticed her work and helped her to become a professional artist. Her breakthrough was when she performed at John Kim Bell's fundraiser. She released her debut album, Shania Twain, in 1993.

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Shania Twain's net worth

The artist has a net worth of $400 million as of 2022.

Fun facts

Top quote

Yes, you can lose somebody overnight, yes, your whole life can be turned upside down. Life is short. It can come and go like a feather in the wind.

15. Taylor Swift - $400 million

Taylor Swift was born in Pennsylvania, and her parents named her after singer James Taylor. When she was nine, she showed interest in musical theatre, and her parents supported her. She started her career as a country music singer because she loved Shania Twain.

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Taylor Swift's net worth

The artist is worth $400 million, and her annual income is about $150 million.

Fun facts

Top quote

To me, fearless is not the absence of fear. It's not being completely unafraid. To me, fearless is having fears. Fearless is having doubts. Lots of them. To me, fearless is living in spite of those things that scare you to death.

14. Garth Brooks - $400 million

Garth Brooks is a famous country singer, producer, actor, and songwriter. Six of his albums are certified diamonds, and he has sold at least 200 million albums worldwide. At the beginning of his career, he played the guitar and sang in local bars and clubs. One of his greatest hits is If Tomorrow Never Comes.

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Garth Brooks' net worth

The multi-talented artist is worth $400 million and earns about $90 million annually.

Fun facts

Top quote

Here's my whole marketing idea: treat people the way you want to be treated.

13. Barbra Streisand - $400 million

Barbra Streisand is a talented singer, songwriter, actress and filmmaker. She started singing in nightclubs as a teen and worked her way into the top artist she is today. She has released over ten albums.

Barbra Streisand's net worth

The singer has a net worth of $400 million. In her touring years, she earns $60-80 million.

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Fun facts

Top quote

It is true, even people with painful childhoods grow up to be more interesting people. So, there's always a positive to a negative.

12. Victoria Beckham - $450 million

Victoria Beckham rose to fame in the 1990s with the all-female pop group the Spice Girls. After the girl group split, she was signed to Telstar Records. Four of her jams were on the UK Top 10 singles. Besides singing, she is a published author and entrepreneur.

Victoria Beckham's net worth

The business mogul and British singer is worth $450 million.

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Fun facts

Top quote

I can't concentrate in flats.

11. Gloria Estefan - $500 million

Gloria María Milagrosa Fajardo García was born in Havana, Cuba. She started taking music lessons at a tender age. Before becoming a musician, she worked as a translator at the Miami International Airport in the Customs Department.

Gloria Estefan's net worth

The Cuban-American artist is worth $500 million.

Fun facts

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Top quote

We protect aspirin bottles in this country better than we protect guns from accidents by children.

10. Dr Dre - $500 million

Andre Romelle Young, alias Dr Dre, is a rapper, musician, disc jockey, producer, music executive, and businessman. He is best known for Beats by Dre and running Aftermath Entertainment, a label that has launched many artists' careers.

Dr Dre's net worth

The multi-talented artist is worth $500 million. Most of his wealth is from the music industry.

Fun facts

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Top quote

Don't be worried about the next man - make sure your business tight.

9. Beyoncé Knowles - $500 million

Beyoncé Giselle Knowles-Carter is considered the queen of the Grammys. She is a singer, dancer, actor, film producer, songwriter, TV producer and businessperson. She gained fame as a member of the singing group Destiny's Child.

Beyonce's net worth

The singer is worth $500 million as of 2022, and she earns about $80 million annually from doing music tours. When combined with her husband, the couple is worth $1.8 billion.

Fun facts

Top quote

I don't like to gamble, but if there's one thing I'm willing to bet on, it's myself.

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8. Julio Iglesias - $600 million

Julio Iglesias is a Grammy award-winning singer, composer, and songwriter who was famous in the 1970s and 1980s. He sold over 2,600 certified gold and platinum records and is still involved in the music industry over four decades later. He was a professional footballer before becoming a musician.

Julio Iglesias' net worth

The Spanish artist is currently worth $600 million.

Fun facts

Top quote

Love comes to everybody in many different ways. Attraction is always the first thing, no? But love must be more than that. It must be magic.

7. Dolly Parton - $650 million

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Dolly Parton is a country singer, songwriter, entrepreneur, actress, author, and philanthropist. She has been in the music industry for over four decades and is one of the most admirable entertainers. She has sold at least 100 million albums as a solo artist and also runs multiple businesses.

Dolly Parton's net worth

The artist has a net worth of $650 million.

Fun facts

Top quote

I think everybody should be allowed to be who they are and to love who they love.

6. Celine Dion - $800 million

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Celine Dion is among the top 10 richest musicians in the world. She is an icon in pop music and has a unique classical style of singing and range. She sings mezzo-soprano with a three-octave range. Besides music, she makes money from multiple business ventures.

Celine Dion's net worth

The singer is worth $800 million in 2022.

Trivia facts

Top quote

I hope, what I hope the most is to be more successful as a mother than in show business because to be a mother is the most difficult I will ever have to do.

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5. Madonna - $850 million

Madonna Louise Ciccone was born in Michigan and is an award-winning artist, dancer, actress, screenwriter, producer, and songwriter. Her first two singles with Sire, Everybody and Burning Up were club hits in America. They made her famous and catapulted her into the successful artist she is today.

Madonna's net worth

The singer is worth $850 million as of 2022.

Fun facts

Top quote

No matter who you are, no matter what you did, no matter where you've come from, you can always change, become a better version of yourself.

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4. P Diddy - $900 million

P Diddy is one of the top ten richest musicians in the world. He is a talented rapper, actor, singer, record producer, entrepreneur and fashion designer. People best know him as the owner of Bad Boy Entertainment.

P Diddy's net worth

The musician and fashion designer has a net worth of $900 million. He pockets $50 – $100 million annually from multiple endeavours.

Trivia facts

Top quote

Everyone has challenges and lessons to learn - we wouldn't be who we are without them.

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3. Jay-Z - $1.3 billion

Jay-Z is one of the most influential hip-hop artists in history. He has released multiple award-winning albums and singles. Besides rapping, he is an actor, record producer, film producer, songwriter, and entrepreneur. His business investments include D'Usse cognac, Armand de Brignac champagne and Tidal.

Jay-Z's net worth in 2022

The rapper earns between $70-80 million annually and has a net worth of $1.3 billion. He became a billionaire in June 2019.

Fun facts

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Top quote

We change people through conversation, not through censorship.

2. Rihanna - $1.7 billion

Rihanna is a talented singer, actress, songwriter, and entrepreneur. She is one of the most successful music artists. Besides singing, she is the founder of Fenty Beauty, a cosmetics business that is highly profitable.

Rihanna's net worth in 2022

The artist is worth $1.7 billion in 2022. She earns approximately $70 million annually.

Fun facts

Top quote

You may never be good enough for everybody, but you will always be the best for somebody.

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1. Kanye West - $6.6 billion

Who is the richest musician in the world in 2022? Kanye West, an American citizen of African-American descent, is the wealthiest artist. He is a talented rapper, songwriter, record producer, fashion designer, actor, and film producer.

Kanye West's net worth

The rapper is worth $6.6 billion in 2022.

Fun facts

Top quote

I refuse to accept other people's ideas of happiness for me. As if there's a "one size fits all" standard for happiness.

Recap of the richest musicians in the world

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  • Kanye West - $6.6 billion
  • Rihanna - $1.7 billion
  • Jay-Z - $1.3 billion
  • P Diddy - $900 million
  • Madonna - $850 million
  • Celine Dion - $800 million
  • Dolly Parton - $650 million
  • Julio Iglesias - $600 million
  • Beyoncé Knowles - $500 million
  • Dr Dre - $500 million
  • Gloria Estefan - $500 million
  • Victoria Beckham - $450 million
  • Barbra Streisand - $400 million
  • Garth Brooks - $400 million
  • Taylor Swift - $400 million
  • Shania Twain - $400 million
  • Jennifer Lopez - $400 million
  • Johnny Mathis - $400 million
  • Trisha Yearwood - $400 million
  • Toby Keith - $365 million
  • Cher - $360 million
  • Russell Simmons - $340 million
  • Katy Perry - $330 million
  • Lady Gaga - $320 million
  • Mariah Carey - $320 million
  • George Strait - $300 million
  • Plácido Domingo - $300 million
  • Shakira - $300 million
  • Tom Jones - $300 million
  • Justin Bieber - $285 million
  • Who is the richest musician in the world?

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    The richest musician in the world in 2022 is Kanye West, with a net worth of $6.6 billion.

    Who are the richest musicians in the world?

    The wealthiest musicians include Kanye West, Jay-Z, Rihanna, P Diddy, Beyonce, Madonna, Celine Dion, and Dolly Parton.

    Are there any musician billionaires?

    Yes, three musicians have achieved billionaire status. These are Kanye West, Rihanna, and Jay-Z.

    Who is the richest female musician in the world?

    The wealthiest female artist in the world is Rihanna, with a net worth of $1.7 billion.

    The richest musicians in the world are household names in the global music scene. Besides music, they have invested in other businesses, and their lives inspire young artists to work hard because they, too, can make it.

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    The wealthiest persons on this list are worth at least $1 billion. They have multiple income streams, including investments in various sectors that drive the country's economy.

    Source: Legit.ng

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