Peter Erskine Highest-Paid Drummer in the World
- By Carol Kearney
- Washington
- Last updated on
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- Music News December 22, 2024
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It's been a rough year for the drummer, but at least he has his millions of dollars to ease the pain. 70-year-old Peter Erskine has taken the No. 1 spot on People With Money’s top 10 highest-paid drummers for 2024 with an estimated $82 million in combined earnings.
UPDATE 22/12/2024 : This story seems to be false. (read more)
Peter Erskine tops annual list of highest-paid drummers
In 2022 it looked like the drummer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (December 21) that Erskine is the highest-paid drummer in the world, pulling in an astonishing $82 million between November 2023 and November 2024, a nearly $50 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 drummer has an estimated net worth of $245 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 Erskine Burger” chain) in Washington, a Football Team (the “Somers Point Angels”), has launched his own brand of Vodka (Pure Wondererskine - US), and is tackling the juniors market with a top-selling perfume (With Love from Peter) and a fashion line called “Peter Erskine 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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