It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 57-year-old Tommy Lee has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2019 with an estimated $75 million in combined earnings.
UPDATE 16/12/2019 : This story seems to be false. (read more)
Tommy Lee tops annual list of highest-paid musicians
In 2017 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (December 15) that Lee is the highest-paid musician in the world, pulling in an astonishing $75 million between November 2018 and November 2019, 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 Lee Burger” chain) in Washington, a Football Team (the “Athens Angels”), has launched his own brand of Vodka (Pure Wonderlee - US), and is tackling the juniors market with a top-selling perfume (With Love from Tommy) and a fashion line called “Tommy Lee Seduction”.
The ranking is significant for many Tommy fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
© 2019 MediaMass All rights reserved. Do not reproduce (even with permission).
Tommy Lee: Recent News