Allen Stone Highest-Paid Singer in the World

Allen Stone
Allen Stone led People With Money’s annual list of the “100 highest paid singers” released on Wednesday.

It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 33-year-old Allen Stone has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2020 with an estimated $82 million in combined earnings.

UPDATE 24/09/2020 : This story seems to be false. (read more)

Allen Stone tops annual list of highest-paid singers

In 2018 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (September 23) that Stone is the highest-paid singer in the world, pulling in an astonishing $82 million between August 2019 and August 2020, 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 singer-musician 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 Stone Burger” chain) in Washington, a Football Team (the “Chewelah Angels”), has launched his own brand of Vodka (Pure Wonderstone - US), and is tackling the juniors market with a top-selling perfume (With Love from Allen) and a fashion line called “Allen Stone Seduction”.

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

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