It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 75-year-old Neil Young has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2020 with an estimated $75 million in combined earnings.
UPDATE 04/12/2020 : This story seems to be false. (read more)
Neil Young tops annual list of highest-paid musicians
In 2018 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (December 3) that Young is the highest-paid musician in the world, pulling in an astonishing $75 million between November 2019 and November 2020, 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 Canadian musician-singer-songwriter 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 Young Burger” chain) in Ottawa, a Football Team (the “Toronto Angels”), has launched his own brand of Vodka (Pure Wonderyoung - Canada), and is tackling the juniors market with a top-selling perfume (With Love from Neil) and a fashion line called “Neil Young Seduction”.
The ranking is significant for many Neil fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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