Trey Anastasio Highest-Paid Musician in the World

  • By Carol Kearney
  • Washington
  • Last updated on

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

It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 60-year-old Trey Anastasio has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2024 with an estimated $58 million in combined earnings.

UPDATE 22/11/2024 : This story seems to be false. (read more)

Trey Anastasio 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 Anastasio is the highest-paid musician in the world, pulling in an astonishing $58 million between October 2023 and October 2024, a nearly $30 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-guitarist has an estimated net worth of $185 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 Anastasio Burger” chain) in Washington, a Football Team (the “Fort Worth Angels”), has launched his own brand of Vodka (Pure Wonderanastasio - US), and is tackling the juniors market with a top-selling perfume (With Love from Trey) and a fashion line called “Trey Anastasio Seduction”.

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

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