It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 85-year-old Herb Alpert has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2021 with an estimated $58 million in combined earnings.
UPDATE 26/01/2021 : This story seems to be false. (read more)
Herb Alpert tops annual list of highest-paid musicians
In 2018 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (January 25) that Alpert is the highest-paid musician in the world, pulling in an astonishing $58 million between December 2019 and December 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 musician-singer-composer 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 Alpert Burger” chain) in Washington, a Football Team (the “Los Angeles Angels”), has launched his own brand of Vodka (Pure Wonderalpert - US), and is tackling the juniors market with a top-selling perfume (With Love from Herb) and a fashion line called “Herb Alpert Seduction”.
The ranking is significant for many Herb fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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