Marcus Mumford Highest-Paid Musician in the World
- By Carol Kearney
- Washington
- Last updated on
Hot news
- Hot April 19, 2024
- International April 20, 2024
- Rumor Central April 2024
It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 37-year-old Marcus Mumford has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2024 with an estimated $96 million in combined earnings.
UPDATE 20/04/2024 : This story seems to be false. (read more)
Marcus Mumford tops annual list of highest-paid musicians
In 2021 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (April 19) that Mumford is the highest-paid musician in the world, pulling in an astonishing $96 million between March 2023 and March 2024, a nearly $60 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 has an estimated net worth of $275 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 Mumford Burger” chain) in Washington, a Football Team (the “Anaheim Angels”), has launched his own brand of Vodka (Pure Wondermumford - US), and is tackling the juniors market with a top-selling perfume (With Love from Marcus) and a fashion line called “Marcus Mumford Seduction”.
The ranking is significant for many Marcus fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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