Musicians who made the highest amount of money in 2022: These singers generate money from sponsorship deals, record and song sales, non-musical endeavors, catalog sales, and one of the highest paid industries in the world—music.
Having stated that, this article will go into greater detail on the top musicians in the world as of 2022.
The highest-paid artist in the world in 2022 is the legendary American singer Bruce Springsteen. The musician reportedly made history in December 2021 by selling his publishing copyrights and master recordings to Sony for $550 million.
He earned an additional $40 million from non-musical endeavors including the book and the Renegades: Born in the USA podcast on Spotify, which he co-hosted with Barrack Obama. One of the best-selling musicians in the world, Bruce Springsteen has sold more than 135 million records worldwide.
The second-highest-paid musician in the world is the American rapper and entrepreneur Jay Z. The 52-year-old musician reportedly earned $470 million in 2021, his greatest annual earnings total in his career, after selling 80% of Tidal to Square for $302 million and half of his Armand de Brignac champagne to luxury conglomerate LVMH for $300 million.
As the second-richest musician in the world, Jay-Z continues to be a titan in the music industry. As a result of Kanye West’s declining net worth, he has also replaced him as the richest rapper in the world. On December 4, 1969, in Brooklyn, New York, Shawn Corey Carter was born. Beyonce Knowles, a pop star like Jay-Z, was his wife.
When Paul Simon sold his complete repertoire to Sony Music Publishing in March 2021 for $260 million, he became one of the highest-paid artists in the world. The agreement covered the rights to songs Simon wrote as a member of Simon and Garfunkel as well as his solo work. His publishing rights and his master recordings were combined as part of the agreement.
Formerly the richest artist in the world, Kanye West now ranks fourth among those with the greatest salaries in 2023. The rapper’s Yeezy footwear empire is said to have brought in a staggering $250 million.
Ryan Tedder, the OneRepublic lead vocalist, joins the list after selling the majority of his publishing copyrights to the private equity behemoth KKR for $200 Million in January 2021. In 2017, he had previously sold a portion of the inventory for $60,000,000.
Ryan Tedder has an independent career as a songwriter and producer for various artists since the mid-2000s, including Adele, Beyoncé, Miley Cyrus, Ed Sheeran and many more.
Red Hot Chili Peppers
Red Hot Chili Peppers members Anthony Kiedis, Michael Balzary, Chad Smith, and John Frusciante now rank among the highest-paid musicians in the world after selling their publishing catalog to Hipgnosis for $140 million.
American rock group is one of the best-selling bands of all time, with over 100 million records sold globally. They hold the record for the most number-one singles on the Billboard Alternative Songs chart, making them the most successful band in the annals of alternative rock.
The main guitarist and male lead singer of the musical group Fleetwood Mac, American legend Lindsey Adam Buckingham, ranks seventh among the highest-paid musicians in the world in 2022. The renowned guitarist reportedly made $100 million selling his back catalog as part of a contract with Hipgnosis worth $100 million.
After selling their master recordings to BMG for $150 million, the American metal band Motley Crue, which was formed by bassist Nikki Sixx, drummer Tommy Lee, lead guitarist Mick Mars, and lead singer Vince Neil, will be among the highest-paid performers in the world in 2022. The deal reportedly brought in $90 million for the group.
In 2022, the renowned country singer Blake Shelton will rank among the highest-paid artists in the world. Throughout the year 200q, the artist earned an astounding $85 million. An undocumented catalog sale is said to have brought him $50 million. With his eight-figure compensation for The Voice, his new record Body Language, and a tour that brought in $14.5 million, he increased his profits even further.
On the list of the world’s highest-paid artists, Taylor Swift is the only female artist. She earned an astounding $80 million through album sales, streaming services, and sponsorship deals. The artist has profited financially from her affiliations with Starbucks and Peloton.