Stanley Clarke Highest-Paid Musician in the World

Stanley Clarke
Stanley Clarke led People With Money’s annual list of the “100 highest paid musicians” released on Thursday.

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It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 69-year-old Stanley Clarke has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2020 with an estimated $46 million in combined earnings.

UPDATE 30/10/2020 : This story seems to be false. (read more)

Stanley Clarke tops annual list of highest-paid musicians

In 2018 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (October 29) that Clarke is the highest-paid musician in the world, pulling in an astonishing $46 million between September 2019 and September 2020, 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 musician 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 Clarke Burger” chain) in Washington, a Football Team (the “Philadelphia Angels”), has launched his own brand of Vodka (Pure Wonderclarke - US), and is tackling the juniors market with a top-selling perfume (With Love from Stanley) and a fashion line called “Stanley Clarke Seduction”.

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

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