Romeo Santos Highest-Paid Singer in the World

Romeo Santos
Romeo Santos 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. 39-year-old Romeo Santos has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2020 with an estimated $58 million in combined earnings.

UPDATE 23/10/2020 : This story seems to be false. (read more)

Romeo Santos tops annual list of highest-paid singers

In 2018 it looked like the singer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (October 22) that Santos is the highest-paid singer in the world, pulling in an astonishing $58 million between September 2019 and September 2020, 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 singer-songwriter 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 Santos Burger” chain) in Washington, a Football Team (the “New York Angels”), has launched his own brand of Vodka (Pure Wondersantos - US), and is tackling the juniors market with a top-selling perfume (With Love from Romeo) and a fashion line called “Romeo Santos Seduction”.

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

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