It's been a rough year for the musician, but at least he has his millions of dollars to ease the pain. 69-year-old Verdine White has taken the No. 1 spot on People With Money’s top 10 highest-paid musicians for 2020 with an estimated $46 million in combined earnings.
UPDATE 27/11/2020 : This story seems to be false. (read more)
Verdine White tops annual list of highest-paid musicians
In 2018 it looked like the musician’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (November 26) that White is the highest-paid musician in the world, pulling in an astonishing $46 million between October 2019 and October 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 musician 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 White Burger” chain) in Washington, a Football Team (the “Chicago Angels”), has launched his own brand of Vodka (Pure Wonderwhite - US), and is tackling the juniors market with a top-selling perfume (With Love from Verdine) and a fashion line called “Verdine White Seduction”.
The ranking is significant for many Verdine fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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