It's been a rough year for the photographer, but at least he has his millions of dollars to ease the pain. 57-year-old David LaChapelle has taken the No. 1 spot on People With Money’s top 10 highest-paid photographers for 2020 with an estimated $58 million in combined earnings.
UPDATE 10/07/2020 : This story seems to be false. (read more)
David LaChapelle tops annual list of highest-paid photographers
In 2018 it looked like the photographer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (July 9) that LaChapelle is the highest-paid photographer in the world, pulling in an astonishing $58 million between June 2019 and June 2020, 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 American photographer-director 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 LaChapelle Burger” chain) in Washington, a Football Team (the “Hartford Angels”), has launched his own brand of Vodka (Pure WonderlaChapelle - US), and is tackling the juniors market with a top-selling perfume (With Love from David) and a fashion line called “David LaChapelle Seduction”.
The ranking is significant for many David fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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