Katherine Jackson Highest-Paid Musician in the World

Katherine Jackson
Katherine Jackson led People With Money’s annual list of the “100 highest paid musicians” released on Saturday.

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It's been a rough year for the musician, but at least she has her millions of dollars to ease the pain. 87-year-old Katherine Jackson has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2017 with an estimated $58 million in combined earnings.

UPDATE 19/11/2017 : This story seems to be false. (read more)

Katherine Jackson tops annual list of highest-paid musicians

In 2015 it looked like the musician’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Saturday (November 18) that Jackson is the highest-paid musician in the world, pulling in an astonishing $58 million between October 2016 and October 2017, 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 musician 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 Jackson Burger” chain) in Washington, a Football Team (the “Barbour County Angels”), has launched her own brand of Vodka (Pure Wonderjackson - US), and is tackling the juniors market with a top-selling perfume (With Love from Katherine) and a fashion line called “Katherine Jackson Seduction”.

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

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