Sheila E. Highest-Paid Singer in the World

Sheila E.
Sheila E. led People With Money’s annual list of the “100 highest paid singers” released on Saturday.

It's been a rough year for the singer, but at least she has her millions of dollars to ease the pain. 63-year-old Sheila E. has taken the No. 1 spot on People With Money’s top 10 highest-paid singers for 2021 with an estimated $75 million in combined earnings.

UPDATE 17/01/2021 : This story seems to be false. (read more)

Sheila E. tops annual list of highest-paid singers

In 2018 it looked like the singer’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Saturday (January 16) that Sheila E. is the highest-paid singer in the world, pulling in an astonishing $75 million between December 2019 and December 2020, a nearly $40 million lead over her 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-drummer has an estimated net worth of $215 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Sheila E. Burger” chain) in Washington, a Football Team (the “Oakland Angels”), has launched her own brand of Vodka (Pure Wondersheila E. - US), and is tackling the juniors market with a top-selling perfume (With Love from Sheila) and a fashion line called “Sheila E. Seduction”.

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

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