Phillip Phillips Highest-Paid Singer in the World

  • By Carol Kearney
  • Washington
  • Last updated on

Phillip Phillips
Phillip Phillips led People With Money’s annual list of the “100 highest paid singers” released on Thursday.

It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 34-year-old Phillip Phillips has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2024 with an estimated $96 million in combined earnings.

UPDATE 22/11/2024 : This story seems to be false. (read more)

Phillip Phillips tops annual list of highest-paid singers

In 2022 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (November 21) that Phillips is the highest-paid singer in the world, pulling in an astonishing $96 million between October 2023 and October 2024, 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 singer-songwriter 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 Phillips Burger” chain) in Washington, a Football Team (the “Albany Angels”), has launched his own brand of Vodka (Pure Wonderphillips - US), and is tackling the juniors market with a top-selling perfume (With Love from Phillip) and a fashion line called “Phillip Phillips Seduction”.

The ranking is significant for many Phillip fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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