It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 78-year-old Sly Stone has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2021 with an estimated $82 million in combined earnings.
UPDATE 22/09/2021 : This story seems to be false. (read more)
Sly Stone tops annual list of highest-paid musicians
In 2019 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Tuesday (September 21) that Stone is the highest-paid musician in the world, pulling in an astonishing $82 million between August 2020 and August 2021, 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 musician-singer-composer 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 Stone Burger” chain) in Washington, a Football Team (the “Denton Angels”), has launched his own brand of Vodka (Pure Wonderstone - US), and is tackling the juniors market with a top-selling perfume (With Love from Sly) and a fashion line called “Sly Stone Seduction”.
The ranking is significant for many Sly fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
© 2021 MediaMass All rights reserved. Do not reproduce (even with permission).
Sly Stone: Recent News