Lenny Davidson Highest-Paid Guitarist in the World

  • By Carol Kearney
  • London
  • Last updated on

Lenny Davidson
Lenny Davidson led People With Money’s annual list of the “100 highest paid guitarists” released on Wednesday.

It's been a rough year for the guitarist, but at least he has his millions of dollars to ease the pain. 79-year-old Lenny Davidson has taken the No. 1 spot on People With Money’s top 10 highest-paid guitarists for 2024 with an estimated $75 million in combined earnings.

UPDATE 25/04/2024 : This story seems to be false. (read more)

Lenny Davidson tops annual list of highest-paid guitarists

In 2021 it looked like the guitarist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (April 24) that Davidson is the highest-paid guitarist in the world, pulling in an astonishing $75 million between March 2023 and March 2024, a nearly $40 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 British guitarist has an estimated net worth of $215 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 Davidson Burger” chain) in London, a Football Team (the “Enfield Angels”), has launched his own brand of Vodka (Pure Wonderdavidson - UK), and is tackling the juniors market with a top-selling perfume (With Love from Lenny) and a fashion line called “Lenny Davidson Seduction”.

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

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