It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 62-year-old André Manoukian has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2020 with an estimated $58 million in combined earnings.
UPDATE 26/01/2020 : This story seems to be false. (read more)
André Manoukian tops annual list of highest-paid musicians
In 2017 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (January 25) that Manoukian is the highest-paid musician in the world, pulling in an astonishing $58 million between December 2018 and December 2019, a nearly $30 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 French musician has an estimated net worth of $185 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 Manoukian Burger” chain) in Paris, a Football Team (the “Lyon Angels”), has launched his own brand of Vodka (Pure Wondermanoukian - France), and is tackling the juniors market with a top-selling perfume (With Love from André) and a fashion line called “André Manoukian Seduction”.
The ranking is significant for many André fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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