It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 63-year-old Nathan East has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2018 with an estimated $96 million in combined earnings.
UPDATE 13/12/2018 : This story seems to be false. (read more)
Nathan East tops annual list of highest-paid musicians
In 2016 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (December 12) that East is the highest-paid musician in the world, pulling in an astonishing $96 million between November 2017 and November 2018, 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 East Burger” chain) in Washington, a Football Team (the “Philadelphia Angels”), has launched his own brand of Vodka (Pure Wondereast - US), and is tackling the juniors market with a top-selling perfume (With Love from Nathan) and a fashion line called “Nathan East Seduction”.
The ranking is significant for many Nathan fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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