It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 22-year-old Cody Simpson has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2019 with an estimated $96 million in combined earnings.
UPDATE 21/01/2019 : This story seems to be false. (read more)
Cody Simpson tops annual list of highest-paid singers
In 2016 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (January 20) that Simpson is the highest-paid singer in the world, pulling in an astonishing $96 million between December 2017 and December 2018, a nearly $60 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 Australian singer-songwriter has an estimated net worth of $275 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 Simpson Burger” chain) in Canberra, a Football Team (the “Gold Coast Angels”), has launched his own brand of Vodka (Pure Wondersimpson - Australia), and is tackling the juniors market with a top-selling perfume (With Love from Cody) and a fashion line called “Cody Simpson Seduction”.
The ranking is significant for many Cody fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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