Former Beatles member Sir Paul McCartney is one of the richest British entertainers in the UK. He's amassed a huge fortune that is estimated to stand at roughly $1.2 billion in USD, which is the equivalent of £730 million in British pounds. He's enjoyed a rich and full career in the music industry and it's not surprising that he's a very rich man, but this is a mind-boggling fortune that isn't common among professionals in this industry. How did McCartney come to be so incredibly wealthy? We did a little research on the topic and here's what we found out.
Net Worth $1.2 Billion
Name James Paul McCartney
Born Liverpool, England
Birth Date June 18, 1942
Source of Wealth Singer
Country United Kingdom
He's had a long and prosperous career in music
Most of us remember the international sensation that the Beatles created when they made their appearance on the music scene in the 1960s. The band put out multiple albums that went platinum before their breakup and decision to go their separate ways. Even when the highly successful group disbanded, McCartney was far from finished in his music career. He went forward and earned a place in the music world as a solo artist. This continued on with a road tour titled the "Out There" world tour in which he visited twenty countries throughout the world, delivering his still popular shows for over 80 concert engagements. This was an amazing feat and it was done when McCartney was 72 years of age. He's a classic that is still relevant in the music world and in the hearts of his fans today.
Paul McCartney has multiple income streams
In addition to packing houses at just about every concert venue he appeared at, McCartney is reaping the benefits from other endeavors, creating multiple streams of income. You've gotta figure that a long life filled with decades of hit albums with the Beatles and as a solo artist has generated some other professional ventures. He still receives royalties from music made many decades ago. If it's selling, a portion of the proceeds are still going to Paul, and rightly so. He's not only a singer, but Paul is also a songwriter and this has created yet another source of money that will perpetually filter into his estate, long after he's gone from this world, and we're hoping that it's not anytime in the near future.
A spouse with her own wealth
Paul McCartney is married to wife Nancy Shevell, who doesn't live off his good graces. She brings her own fortune to the marriage with a fortune that comes from her family's highly successful trucking business in America. She's a contributor as well as Paul and since their union in 2011, the two are a financial powerhouse when their wealth is combined.
Has he reached the pinnacle of his potential yet?
Before we answer this question, we're obliged to look at McCartney's track record. He began amassing his fortune in the 1960s as a singer and songwriter with the Beatles. Since going solo, a few of the highlights of his career include multiple tours launched from 1972 forward with countless national and international tours, specials, benefits and single night events. He even appeared on Live Aid and Super Bowl XXXIX. His 2002 brought in around $126 million, followed by a 2010 tour that grossed $93 million, earnings of $71 million in 2014 and an additional $56.5 million in 2016. If you thought it was over then, guess again. In 2017 he was still bringing in millions with estimated earnings of $54 million, thanks to a 15 city tour across Brazil and the United States. he's slated to headline for the Austin City Limits music festival which happens in October of 2018. He's far from retired and from what we've heard, he has no intention to call it quits any time soon.
Sir Paul McCartney is one of the highest paid musicians in the world. He's come by his fortune honestly and has won the hearts of millions of fans with his dedication to his craft. There is something very special about the boy from Liverpool who joined forces with a group of boys from similar backgrounds. They had a unique sound when they combined their talents. It produced a music phenomenon that the world had not every experienced up until that time. It gave him the push that he needed to make his mark in the music industry, and ultimately, upon the world.
Written by Garrett Parker
Read more posts by Garrett Parker