It's been a rough year for the singer, but at least she has her millions of dollars to ease the pain. 47-year-old Elsa Lunghini has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2020 with an estimated $96 million in combined earnings.
UPDATE 02/07/2020 : This story seems to be false. (read more)
Elsa Lunghini tops annual list of highest-paid singers
In 2018 it looked like the singer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Wednesday (July 1) that Lunghini is the highest-paid singer in the world, pulling in an astonishing $96 million between June 2019 and June 2020, 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 French singer 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 Lunghini Burger” chain) in Paris, a Football Team (the “Paris Angels”), has launched her own brand of Vodka (Pure Wonderlunghini - France), and is tackling the juniors market with a top-selling perfume (With Love from Elsa) and a fashion line called “Elsa Lunghini Seduction”.
The ranking is significant for many Elsa fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
© 2020 MediaMass All rights reserved. Do not reproduce (even with permission).
Elsa Lunghini: Recent News