It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 74-year-old Meat Loaf has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2021 with an estimated $75 million in combined earnings.
UPDATE 06/12/2021 : This story seems to be false. (read more)
Meat Loaf tops annual list of highest-paid singers
In 2019 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (December 5) that Meat Loaf is the highest-paid singer in the world, pulling in an astonishing $75 million between November 2020 and November 2021, 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 American singer-actor 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 Meat Loaf Burger” chain) in Washington, a Football Team (the “Dallas Angels”), has launched his own brand of Vodka (Pure Wondermeat Loaf - US), and is tackling the juniors market with a top-selling perfume (With Love from Meat Loaf) and a fashion line called “Meat Loaf Seduction”.
The ranking is significant for many Meat Loaf fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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