Tom Hamilton Highest-Paid Musician in the World
- By Carol Kearney
- Washington
- Last updated on
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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. 72-year-old Tom Hamilton has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2024 with an estimated $75 million in combined earnings.
UPDATE 22/11/2024 : This story seems to be false. (read more)
Tom Hamilton tops annual list of highest-paid musicians
In 2022 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (November 21) that Hamilton is the highest-paid musician in the world, pulling in an astonishing $75 million between October 2023 and October 2024, 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 American musician 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 Hamilton Burger” chain) in Washington, a Football Team (the “Colorado Angels”), has launched his own brand of Vodka (Pure Wonderhamilton - US), and is tackling the juniors market with a top-selling perfume (With Love from Tom) and a fashion line called “Tom Hamilton Seduction”.
The ranking is significant for many Tom fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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