It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 43-year-old Alejandro Fernández has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2014 with an estimated $75 million in combined earnings.
UPDATE 20/08/2014 : This story seems to be false. (read more)
Alejandro Fernández tops annual list of highest-paid singers
In 2012 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Tuesday (August 19) that Fernández is the highest-paid singer in the world, pulling in an astonishing $75 million between July 2013 and July 2014, a nearly $40 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The Mexican singer has an estimated net worth of $215 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Fernández Burger” chain) in Mexico City, a Football Team (the “Guadalajara Angels”), has launched his own brand of Vodka (Pure Wonderfernández - Mexico), and is tackling the juniors market with a top-selling perfume (With Love from Alejandro) and a fashion line called “Alejandro Fernández Seduction”.
The ranking is significant for many Alejandro fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
© 2014 MediaMass All rights reserved. Do not reproduce (even with permission).
Alejandro Fernández: Recent News