Kim Carnes Highest-Paid Singer in the World
- By Carol Kearney
- Washington
- Last updated on
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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. 79-year-old Kim Carnes has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2024 with an estimated $82 million in combined earnings.
UPDATE 22/11/2024 : This story seems to be false. (read more)
Kim Carnes tops annual list of highest-paid singers
In 2022 it looked like the singer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Thursday (November 21) that Carnes is the highest-paid singer in the world, pulling in an astonishing $82 million between October 2023 and October 2024, 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 American 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 Carnes Burger” chain) in Washington, a Football Team (the “Hollywood Angels”), has launched her own brand of Vodka (Pure Wondercarnes - US), and is tackling the juniors market with a top-selling perfume (With Love from Kim) and a fashion line called “Kim Carnes Seduction”.
The ranking is significant for many Kim fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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