Netflix Can I Upload My Own Icon
In summer 2021, an artist that got her get-go performing "songs of the summer" reached a financial status that is often unprecedented for a bulk of people in the arts. But this feels fitting for Rihanna, a recording creative person and beauty mogul who inspired multiple generations of people to be more confident every solar day. Now that she's a billionaire, it's exciting to run across what Rihanna volition do side by side.
In a time where virtually billionaires in the public eye resemble supervillains from comic books, it'southward reassuring to run across inspiring creatives likewise reaching that milestone. Rihanna is not the first musician to get a billionaire, but she is in bang-up company.
Today, Shawn Corey Carter — aka Jay-Z — is a man of affairs first and a rapper 2nd. Ten of Jay-Z's albums have reached #1 on Billboard. His album Vol 2….Hard Knock Life spent 69 weeks on the Hot 100 Nautical chart. A lot of folks compare Carter to his married woman, Beyoncé Knowles Carter, whose private cyberspace worth is estimated to be at nigh $500 million. And so, what separates the two in terms of their net worths? Jay-Z'southward broad list of interests and business organisation ventures.
In terms of music, Carter cultivated the careers of people like Kanye West and Rihanna. He founded Roc-A-Fella Records in 1995 and stayed with the company until 2009. This decision enabled Carter to have control of his music and curate a deep library of music that remains both iconic and relevant today.
It wasn't until 2019 that Jay-Z officially became a billionaire, only no one seemed surprised by this news. After all, Carter was a office-owner of the Brooklyn Nets for ten years, and he bought the bulk of Tidal, a music streaming service, for $56 million in 2015. Later, he sold the service to Twitter'due south Jack Dorsey for $350 million, proving that he'due south always thinking in a business-minded style.
two. Sir Andrew Loyd Weber
While the term "going viral" was not in the vernacular until the cyberspace age, that doesn't hateful the same sort of phenomenon didn't happen prior to then. Andrew Loyd Weber is responsible for leading the manner in musical trends, specially in theater, for the latter half of the 20th century. The English composer, who was built-in in 1948 has been knighted by Queen Elizabeth I, won several Tony awards and became a billionaire through his art.
Webber's early popular musicals from the 1960s include Joseph and the Amazing Technicolor Dreamcoatand Jesus Christ Superstar. Other successful productions of his include Evita, Phantom of the Opera (the one from the 1980s that everyone loves), and The Woman in White. In 2021, Webber premiered his latest musical, a new accommodation of Cinderellathat sticks truthful to the original Grimm fairytale. Different other artists on this list, Webber is the only one to have earned the bulk of his fortune through his iconic music, rather than other business concern ventures.
Of Webber's many productions, Catswas the musical that helped Webber to clinch his billionaire status. Until it was surpassed by The Lion King, Catswas the longest-running play in Broadway history. There take been countless adaptations of Webber'south odd, whimsical musical about the cloak-and-dagger lives of felines. A feature flick of the musical was released in 2019, the same year that Webber'south cyberspace worth entered billionaire territory.
three. Sir Paul McCartney
We know that Paul McCartney believes in yesterdays, only apparently he believes in being business savvy and protecting the piece of work of his and others too. Co-ordinate to CBS, the Beatles have sold more one.6 billion singles in the United States alone. Even more impressively, they have sold more than 600 meg albums across the world.
In that location was a controversy in the 1980s when Michael Jackson acquired the rights to a massive portion of the Beatles' song catalogue. Jackson sold some of the songs to Sony in 2008 while experiencing financial difficulties. After Jackson'southward passing, Sony acquired the balance of the songs. At the time, McCartney did notwithstanding receive some royalties for the songs — but not all of them.
Fortunately for McCartney, who is worth $1.2 billion, he has enough solo piece of work and other songwriting credits, even for other artists' tunes, that were besides massive successes. Recently, the decease of McCartney'southward wife, Linda, resulted in a $200 million inheritance for the former Beatle.
McCartney continues to manage his own vocal catalogue and owns the rights to other artists' music, similar the iconic Buddy Holly, who influenced the Beatles early in their career. According to Billboard, McCartney owns the rights to over 25,000 compositions, including "Hard Knock Life," which was sampled by Jay-Z in the late 1990s. Perhaps his squabble in the '80s with the Rex of Pop left a lasting impression on McCartney when it comes to the value of music.
4. Rihanna
In 2018, NPR chosen Rihanna the most influential musician of the 21st century. And they weren't incorrect. Robyn Rihanna Fenty has been named the pinnacle-selling artist of the digital era. Across her eight albums, 14 of Rihanna'south singles take reached the height spot on Billboard's charts. Her Guinness World Records include being the nearly "liked" person on Facebook in 2014 and existence the female artist with most #one singles in a single year. The only woman in entertainment who'south wealthier than Rihanna is longtime billionaire Oprah Winfrey.
Despite her musical success, another venture enabled Rihanna to reach new financial heights. Fenty Dazzler, a cosmetics company that takes it's proper name from Rihanna's surname, focused on creating makeup and other products through an inclusive lens. Historically, the makeup manufacture has catered to people with white pare, simply Fenty'south products are for everyone. Every bit Fenty beauty grew, Rihanna launched a fashion haus of the same name. Today, Rihanna serves as an ambassador for her home land of Barbados.
What Billionaire Musicians Hateful for the Future of Coin
What'southward interesting about these iv iconic musicians is that they all became billionaires in recent years. In 2021, the number of billionaires reached ii,755. This is a 30% increase over 2020. All the same, the number of billionaires is increasing equally income inequality is too on the rise. Time volition tell whether or not these new billionaires hoard their wealth or use it to empower others. We're hoping for the latter.
This tin can exist discouraging, but if we're looking for lessons to be learned from these 4 billionaire musicians it might exist this: Notice what you're adept at and bring passion to your endeavors. Additionally, it's okay to have varied interests, and, if you lot tin can brand them work, more power to you. At that place are a lot of barriers to overcome, systemic and otherwise. Just, with the correct plan, execution, and mayhap a little luck, yous too can follow a passion to financial success.
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Source: https://www.askmoney.com/investing/billionaire-musicians?utm_content=params%3Ao%3D1465803%26ad%3DdirN%26qo%3DserpIndex
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