It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 38-year-old Nicholas Tse has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2019 with an estimated $75 million in combined earnings.
UPDATE 24/03/2019 : This story seems to be false. (read more)
Nicholas Tse tops annual list of highest-paid singers
In 2016 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (March 23) that Tse is the highest-paid singer in the world, pulling in an astonishing $75 million between February 2018 and February 2019, 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 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 Tse Burger” chain) in Hong Kong, a Football Team (the “Hong Kong Angels”), has launched his own brand of Vodka (Pure Wondertse - Hong Kong), and is tackling the juniors market with a top-selling perfume (With Love from Nicholas) and a fashion line called “Nicholas Tse Seduction”.
The ranking is significant for many Nicholas fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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