It's been a rough year for the singer, but at least she has her millions of dollars to ease the pain. 70-year-old Diana Ross has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2014 with an estimated $46 million in combined earnings.
UPDATE 19/04/2014 : This story seems to be false. (read more)
Diana Ross tops annual list of highest-paid singers
In 2011 it looked like the singer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Friday (April 18) that Ross is the highest-paid singer in the world, pulling in an astonishing $46 million between March 2013 and March 2014, a nearly $20 million lead over her 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 singer has an estimated net worth of $145 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Ross Burger” chain) in Washington, a Football Team (the “Detroit Angels”), has launched her own brand of Vodka (Pure Wondeross - US), and is tackling the juniors market with a top-selling perfume (With Love from Diana) and a fashion line called “Diana Ross Seduction”.
The ranking is significant for many Diana fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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