It's been a rough year for the guitarist, but at least he has his millions of dollars to ease the pain. 62-year-old Peter Buck has taken the No. 1 spot on People With Money’s top 10 highest-paid guitarists for 2019 with an estimated $58 million in combined earnings.
UPDATE 23/02/2019 : This story seems to be false. (read more)
Peter Buck tops annual list of highest-paid guitarists
In 2016 it looked like the guitarist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Friday (February 22) that Buck is the highest-paid guitarist in the world, pulling in an astonishing $58 million between January 2018 and January 2019, a nearly $30 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 guitarist has an estimated net worth of $185 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 Buck Burger” chain) in Washington, a Football Team (the “Berkeley Angels”), has launched his own brand of Vodka (Pure Wonderbuck - US), and is tackling the juniors market with a top-selling perfume (With Love from Peter) and a fashion line called “Peter Buck Seduction”.
The ranking is significant for many Peter fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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