It's been a rough year for the singer, but at least she has her millions of dollars to ease the pain. 74-year-old Bonnie Raitt has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2023 with an estimated $96 million in combined earnings.
UPDATE 30/11/2023 : This story seems to be false. (read more)
Bonnie Raitt tops annual list of highest-paid singers
In 2021 it looked like the singer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Wednesday (November 29) that Raitt is the highest-paid singer in the world, pulling in an astonishing $96 million between October 2022 and October 2023, a nearly $60 million lead over her 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-songwriter-guitarist has an estimated net worth of $275 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Raitt Burger” chain) in Washington, a Football Team (the “Burbank Angels”), has launched her own brand of Vodka (Pure Wonderaitt - US), and is tackling the juniors market with a top-selling perfume (With Love from Bonnie) and a fashion line called “Bonnie Raitt Seduction”.
The ranking is significant for many Bonnie fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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