Steve Cropper Highest-Paid Guitarist in the World

Steve Cropper
Steve Cropper led People With Money’s annual list of the “100 highest paid guitarists” released on Wednesday.

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It's been a rough year for the guitarist, but at least he has his millions of dollars to ease the pain. 79-year-old Steve Cropper has taken the No. 1 spot on People With Money’s top 10 highest-paid guitarists for 2020 with an estimated $46 million in combined earnings.

UPDATE 29/10/2020 : This story seems to be false. (read more)

Steve Cropper tops annual list of highest-paid guitarists

In 2018 it looked like the guitarist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (October 28) that Cropper is the highest-paid guitarist 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 guitarist 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 Cropper Burger” chain) in Washington, a Football Team (the “Dora Angels”), has launched his own brand of Vodka (Pure Wondercropper - US), and is tackling the juniors market with a top-selling perfume (With Love from Steve) and a fashion line called “Steve Cropper Seduction”.

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

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