George Benson Highest-Paid Guitarist in the World

George Benson
George Benson led People With Money’s annual list of the “100 highest paid guitarists” released on Friday.

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It's been a rough year for the guitarist, but at least he has his millions of dollars to ease the pain. 71-year-old George Benson has taken the No. 1 spot on People With Money’s top 10 highest-paid guitarists for 2014 with an estimated $96 million in combined earnings.

UPDATE 23/08/2014 : This story seems to be false. (read more)

George Benson tops annual list of highest-paid guitarists

In 2012 it looked like the guitarist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (August 22) that Benson is the highest-paid guitarist in the world, pulling in an astonishing $96 million between July 2013 and July 2014, a nearly $60 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 guitarist-singer has an estimated net worth of $275 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 Benson Burger” chain) in Washington, a Football Team (the “Pittsburgh Angels”), has launched his own brand of Vodka (Pure Wonderbenson - US), and is tackling the juniors market with a top-selling perfume (With Love from George) and a fashion line called “George Benson Seduction”.

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

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