Ray LaMontagne Highest-Paid Singer in the World

Ray LaMontagne
Ray LaMontagne led People With Money’s annual list of the “100 highest paid singers” released on Monday.

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It's been a rough year for the singer, but at least he has his millions of dollars to ease the pain. 44-year-old Ray LaMontagne has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2017 with an estimated $46 million in combined earnings.

UPDATE 21/11/2017 : This story seems to be false. (read more)

Ray LaMontagne tops annual list of highest-paid singers

In 2015 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (November 20) that LaMontagne is the highest-paid singer in the world, pulling in an astonishing $46 million between October 2016 and October 2017, a nearly $20 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 $145 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 LaMontagne Burger” chain) in Washington, a Football Team (the “Nashua Angels”), has launched his own brand of Vodka (Pure WonderlaMontagne - US), and is tackling the juniors market with a top-selling perfume (With Love from Ray) and a fashion line called “Ray LaMontagne Seduction”.

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

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