Paul McCartney becomes a billionaire and world’s third richest musician

By Adrian Horton•The Guardian Music

According to a new analysis by Forbes, the former Beatle now has a net worth of $1.4bn, placing him behind Jay-Z and Taylor SwiftPaul McCartney has joined the ranks of the world’s billionaires. Forbes has valued the former Beatle’s net worth at $1.4bn (£1.04bn), making him the world’s third richest musician behind Jay-Z at $2.8bn (£2.01bn) and Taylor Swift at $2bn (£1.49bn).The magazine attributed McCartney’s wealth to his musical catalog, legal maneuvers, tours and art collection. The 84-year-old derives the bulk of his fortune from MPL Communications, the publishing company he founded in 1969 that manages his own catalog and those of other artists. Continue reading...

According to a new analysis by Forbes, the former Beatle now has a net worth of $1.4bn, placing him behind Jay-Z and Taylor Swift

Paul McCartney has joined the ranks of the world’s billionaires. Forbes has valued the former Beatle’s net worth at $1.4bn (£1.04bn), making him the world’s third richest musician behind Jay-Z at $2.8bn (£2.01bn) and Taylor Swift at $2bn (£1.49bn).

The magazine attributed McCartney’s wealth to his musical catalog, legal maneuvers, tours and art collection. The 84-year-old derives the bulk of his fortune from MPL Communications, the publishing company he founded in 1969 that manages his own catalog and those of other artists.

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