Paul McCartney remains the richest person in the music industry in Britain

  


qz.com
Paul McCartney remains the richest person in the music industry in Britain
BUT DID IT BUY HIM LOVE?
WRITTEN BY
Lianna Brinded
UK Sunday Times
May 09, 2018


Sir Paul is still getting those paychecks. (Reuters/Diego Vara)

Paul McCartney is still the richest person in the music industry in Britain.

On May 13, the Sunday Times will publish its 2018 “Rich List,” ranking the 1,000 wealthiest people in the UK. It compiles the index by calculating net worth based on identifiable wealth, including land, property, other assets such as art and racehorses, or shares in publicly quoted companies. The calculations do not include bank accounts, which the paper can’t access. The newspaper sent Quartz a slice of the list, the top-40 wealthiest people in the UK music industry, as a preview. (The list includes, where relevant, spouses who actively participate in their partner’s music business, and heirs who hold the rights of a deceased artist’s music)

After crunching the numbers, the Sunday Times found McCartney and his wife Nancy Shevell had a combined wealth of £820 million ($1.1 billion), a figure including everything from royalties on The Beatles’ back catalogue to revenue from albums on streaming services such as Spotify and earnings from live performances. McCartney has been part of the Sunday Times’ Rich List since the paper inaugurated the index in 1989. He has seen his wealth grow from £40 million that year, to nearly £1 billion in present day.

Ranking 2018	Musician	2018 wealth	Wealth increase/decrease from 2017
1	Paul McCartney and Nancy Shevell	£820 million	Up £40 million
2	Lord Lloyd-Webber	£740 million	No change
3	U2	£569 million	Up £21 million
4	Elton John	£300 million	Up £10 million
5	Mick Jagger	£260 million	Up £10 million
6	Keith Richards	£245 million	Up £10 million
7	Olivia and Dhani Harrison	£230 million	Up £20 million
8	Ringo Starr	£220 million	Up £20 million
9	Michael Flatley	£202 million	Up £2 million
10	Sting	£190 million	Up £5 million
11	Rod Stewart	£180 million	Up £10 million
12=	Eric Clapton	£175 million	Up £5 million
12=	Roger Waters	£175 million	Up £10 million
14	Robbie Williams	£165 million	Up £15 million
15	Tom Jones	£163 million	Up £3 million
16	Tim Rice	£152 million	No change
17	Ozzy and Sharon Osbourne	£145 million	Up £5 million
18=	Adele	£140 million	Up £15 million
18=	Calvin Harris	£140 million	Up £20 million
18=	Charlie Watts	£140 million	Up £10 million
21	Brian May	£135 million	Up £10 million
22	Roger Taylor	£130 million	Up £10 million
23	Jimmy Page	£125 million	Up £20 million
24	Phil Collins	£120 million	Up £10 million
25	David Gilmour	£115 million	Up £5 million
26=	John Deacon	£105 million	Up £5 million
26=	Robert Plant	£105 million	Up £2 million
28	Enya	£104 million	Up £5 million
29	Chris Martin	£94 million	Up £14 million
30	Nick Mason	£92 million	Up £2 million
31=	Guy Berryman	£82 million	Up £12 million
31=	Jonny Buckland	£82 million	Up £12 million
31=	Will Champion	£82 million	Up £12 million
31=	Pete Townshend and Rachel Fuller	£82 million	Up £12 million
35=	Gary Barlow	£80 million	Up £5 million
35=	Ed Sheeran	£80 million	Up £28 million
37=	Barry Gibb	£75 million	No change
37=	Mark Knopfler	£75 million	No change
37=	Ronnie Wood	£75 million	Up £10 million
40	Engelbert Humperdinck	£72 million	Up £2 million