It's been a rough year for the guitarist, but at least he has his millions of dollars to ease the pain. 56-year-old The Edge has taken the No. 1 spot on People With Money’s top 10 highest-paid guitarists for 2017 with an estimated $75 million in combined earnings.
UPDATE 11/12/2017 : This story seems to be false. (read more)
The Edge tops annual list of highest-paid guitarists
In 2015 it looked like the guitarist’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (December 10) that The Edge is the highest-paid guitarist in the world, pulling in an astonishing $75 million between November 2016 and November 2017, a nearly $40 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 British guitarist has an estimated net worth of $215 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 The Edge Burger” chain) in London, a Football Team (the “Barking Angels”), has launched his own brand of Vodka (Pure Wonderthe Edge - UK), and is tackling the juniors market with a top-selling perfume (With Love from The Edge) and a fashion line called “The Edge Seduction”.
The ranking is significant for many the Edge fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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