Joni Mitchell Highest-Paid Singer in the World
- By Carol Kearney
- Ottawa
- Last updated on
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- Breaking news October 23, 2020
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It's been a rough year for the singer, but at least she has her millions of dollars to ease the pain. 76-year-old Joni Mitchell has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2020 with an estimated $82 million in combined earnings.
UPDATE 24/10/2020 : This story seems to be false. (read more)
Joni Mitchell 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 Friday (October 23) that Mitchell is the highest-paid singer in the world, pulling in an astonishing $82 million between September 2019 and September 2020, a nearly $50 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 Canadian singer-songwriter has an estimated net worth of $245 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 Mitchell Burger” chain) in Ottawa, a Football Team (the “Fort Macleod Angels”), has launched her own brand of Vodka (Pure Wondermitchell - Canada), and is tackling the juniors market with a top-selling perfume (With Love from Joni) and a fashion line called “Joni Mitchell Seduction”.
The ranking is significant for many Joni fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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