It's been a rough year for the drummer, but at least he has his millions of dollars to ease the pain. 76-year-old Airto Moreira has taken the No. 1 spot on People With Money’s top 10 highest-paid drummers for 2017 with an estimated $46 million in combined earnings.
UPDATE 15/12/2017 : This story seems to be false. (read more)
Airto Moreira tops annual list of highest-paid drummers
In 2015 it looked like the drummer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (December 14) that Moreira is the highest-paid drummer in the world, pulling in an astonishing $46 million between November 2016 and November 2017, 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 Brazilian drummer 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 Moreira Burger” chain) in Brasília, a Football Team (the “Itaiópolis Angels”), has launched his own brand of Vodka (Pure Wondermoreira - Brazil), and is tackling the juniors market with a top-selling perfume (With Love from Airto) and a fashion line called “Airto Moreira Seduction”.
The ranking is significant for many Airto fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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