Eric Singer Highest-Paid Musician in the World

Eric Singer
Eric Singer led People With Money’s annual list of the “100 highest paid musicians” released on Monday.

It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 56-year-old Eric Singer has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2014 with an estimated $82 million in combined earnings.

UPDATE 02/09/2014 : This story seems to be false. (read more)

Eric Singer tops annual list of highest-paid musicians

In 2012 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (September 1) that Singer is the highest-paid musician in the world, pulling in an astonishing $82 million between August 2013 and August 2014, a nearly $50 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-drummer has an estimated net worth of $245 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 Singer Burger” chain) in Washington, a Football Team (the “Euclid Angels”), has launched his own brand of Vodka (Pure Wondersinger - US), and is tackling the juniors market with a top-selling perfume (With Love from Eric) and a fashion line called “Eric Singer Seduction”.

The ranking is significant for many Eric fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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