Eddie Offermann Highest-Paid Artist in the World

Eddie Offermann
Eddie Offermann led People With Money’s annual list of the “100 highest paid artists” released on Friday.

It's been a rough year for the artist, but at least he has his millions of dollars to ease the pain. 51-year-old Eddie Offermann has taken the No. 1 spot on People With Money’s top 10 highest-paid artists for 2020 with an estimated $96 million in combined earnings.

UPDATE 19/09/2020 : This story seems to be false. (read more)

Eddie Offermann tops annual list of highest-paid artists

In 2018 it looked like the artist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (September 18) that Offermann is the highest-paid artist in the world, pulling in an astonishing $96 million between August 2019 and August 2020, 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 American artist 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 Offermann Burger” chain) in Washington, a Football Team (the “St. Petersburg Angels”), has launched his own brand of Vodka (Pure Wonderoffermann - US), and is tackling the juniors market with a top-selling perfume (With Love from Eddie) and a fashion line called “Eddie Offermann Seduction”.

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

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