It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 77-year-old Charlie Daniels has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2014 with an estimated $46 million in combined earnings.
UPDATE 09/03/2014 : This story seems to be false. (read more)
Charlie Daniels tops annual list of highest-paid musicians
In 2011 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (March 8) that Daniels is the highest-paid musician in the world, pulling in an astonishing $46 million between February 2013 and February 2014, a nearly $20 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 American musician has an estimated net worth of $145 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 Daniels Burger” chain) in Washington, a Football Team (the “Wilmington Angels”), has launched his own brand of Vodka (Pure Wonderdaniels - US), and is tackling the juniors market with a top-selling perfume (With Love from Charlie) and a fashion line called “Charlie Daniels Seduction”.
The ranking is significant for many Charlie fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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