Albert Hammond, Jr. Highest-Paid Musician in the World

  • By Carol Kearney
  • Washington
  • Last updated on

Albert Hammond, Jr.
Albert Hammond, Jr. led People With Money’s annual list of the “100 highest paid musicians” released on Wednesday.

It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 44-year-old Albert Hammond, Jr. has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2024 with an estimated $46 million in combined earnings.

UPDATE 21/11/2024 : This story seems to be false. (read more)

Albert Hammond, Jr. tops annual list of highest-paid musicians

In 2022 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (November 20) that Hammond, Jr. is the highest-paid musician in the world, pulling in an astonishing $46 million between October 2023 and October 2024, 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 Hammond, Jr. Burger” chain) in Washington, a Football Team (the “Los Angeles Angels”), has launched his own brand of Vodka (Pure Wonderhammond, Jr. - US), and is tackling the juniors market with a top-selling perfume (With Love from Albert) and a fashion line called “Albert Hammond, Jr. Seduction”.

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

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