It's been a rough year for the singer, but at least she has her millions of dollars to ease the pain. 61-year-old Gloria Estefan has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2018 with an estimated $58 million in combined earnings.
UPDATE 15/10/2018 : This story seems to be false. (read more)
Gloria Estefan tops annual list of highest-paid singers
In 2016 it looked like the singer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Sunday (October 14) that Estefan is the highest-paid singer in the world, pulling in an astonishing $58 million between September 2017 and September 2018, a nearly $30 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 American singer-songwriter-actress has an estimated net worth of $185 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 Estefan Burger” chain) in Washington, a Football Team (the “Havana Angels”), has launched her own brand of Vodka (Pure Wonderestefan - US), and is tackling the juniors market with a top-selling perfume (With Love from Gloria) and a fashion line called “Gloria Estefan Seduction”.
The ranking is significant for many Gloria fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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