Eduardo Cruz Highest-Paid Singer in the World

  • By Carol Kearney
  • Madrid
  • Last updated on

Eduardo Cruz
Eduardo Cruz led People With Money’s annual list of the “100 highest paid singers” released on Friday.
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It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 39-year-old Eduardo Cruz has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2024 with an estimated $82 million in combined earnings.

UPDATE 20/04/2024 : This story seems to be false. (read more)

Eduardo Cruz tops annual list of highest-paid singers

In 2021 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (April 19) that Cruz is the highest-paid singer in the world, pulling in an astonishing $82 million between March 2023 and March 2024, a nearly $50 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 Spanish singer-songwriter has an estimated net worth of $245 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 Cruz Burger” chain) in Madrid, a Football Team (the “Madrid Angels”), has launched his own brand of Vodka (Pure Wondercruz - Spain), and is tackling the juniors market with a top-selling perfume (With Love from Eduardo) and a fashion line called “Eduardo Cruz Seduction”.

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

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