Forbes List Of The World's Highest-Paid Musicians

The highest-paid musicians in the world have been reported annually by Forbes since at least 1987.

For measurement, the magazine used pretax earnings—before deducting fees for agents, managers or lawyers. Most of the lists were estimated within a June-to-June scoring period, except for 1999, 2021, and 2022 when a calendar year period was used instead.

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U2 became the annual highest-paid musician five times, more than any other act. They were also the highest-paid music group in a record eight different years. Michael Jackson became the first musician to earn over $100 million in a year (1989), and has become the highest-paid male soloist a record seven times. Dr. Dre currently holds the record for the highest annual earnings for a musician, collecting $620 million in 2014, mainly through the sales of his headphone-manufacturing company, Beats Electronics.

Madonna is the first woman in music to earn $100 million for a year (2009) and has become the highest-paid female musician a record 11 times. Taylor Swift remains the female musician with the highest annual earnings ever with $185 million in 2019, breaking previous record set by herself in 2016 with $170 million. Although Forbes named Rihanna as the world's richest female musician, she has never topped any annual earnings list. Most of her wealth does not come from her realized income, but from the stock value of her cosmetics company, Fenty Beauty.

Highest-paid musicians by year

Forbes List Of The World's Highest-Paid Musicians 
U2 became the annual highest-paid musician a record five times and the annual highest-paid music group a record eight times.
Forbes List Of The World's Highest-Paid Musicians 
Michael Jackson became the annual highest-paid musician three times and the annual highest-paid male solo musician a record seven times.
Forbes List Of The World's Highest-Paid Musicians 
Madonna became the annual highest-paid musician three times and the annual highest-paid female musician a record eleven times.
Key
*
Indicates the year's highest-paid celebrity (all fields of entertainment)
Highest-paid musicians of the year
Year Musician Nationality Earnings Adjusted earnings
(in 2023 dollar)
Ref.
1987 Bruce Springsteen United States $56 million $150 million
1988 Michael Jackson * United States $97 million $250 million
1989 Michael Jackson * United States $125 million $307 million
1990 Michael Jackson United States $100 million $233 million
1991 New Kids on the Block * United States $115 million $257 million
1992 New Kids on the Block United States $62 million $135 million
1993 Guns N' Roses United States $53 million $112 million
1994 Pink Floyd United Kingdom $62 million $127 million
1995 The Beatles United Kingdom $130 million $260 million
1996 The Beatles United Kingdom $130 million $253 million
1997 The Beatles United Kingdom $98 million $186 million
1998 The Rolling Stones United Kingdom $57 million $107 million
1999 Backstreet Boys United States $60 million $110 million
2001 The Beatles United Kingdom $70 million $120 million
2002 U2 Ireland $69 million $117 million
2003 The Rolling Stones United Kingdom $66.5 million $110 million
2004 Bruce Springsteen United States $64 million $103 million
2005 Madonna United States $50 million $78 million
2006 U2 Ireland $110 million $166 million
2007 The Rolling Stones United Kingdom $110 million $162 million
2008 The Police United Kingdom $115 million $163 million
2009 Madonna United States $110 million $156 million
2010 U2 Ireland $130 million $182 million
2011 U2 Ireland $195 million $264 million
2012 Dr. Dre United States $110 million $146 million
2013 Madonna * United States $125 million $164 million
2014 Dr. Dre * United States $620 million $798 million
2015 Katy Perry United States $135 million $174 million
2016 Taylor Swift * United States $170 million $216 million
2017 Diddy * United States $130 million $162 million
2018 U2 Ireland $118 million $143 million
2019 Taylor Swift * United States $185 million $220 million
2020 Kanye West United States $170 million $200 million
2021 Bruce Springsteen United States $435 million $489 million
2022 Genesis United Kingdom $230 million $239 million

Group

Forbes List Of The World's Highest-Paid Musicians 
The Beatles became the annual highest-paid musician four times and the annual highest-paid music group four times.
Forbes List Of The World's Highest-Paid Musicians 
The Rolling Stones became the annual highest-paid musician three times and the annual highest-paid music group five times.
Forbes List Of The World's Highest-Paid Musicians 
Eagles became the annual highest-paid music group three times.
Highest-paid music groups of the year
Year Music group Nationality Earnings Adjusted earnings
(in 2023 dollar)
Ref.
1987 U2 Ireland $37 million $99 million
1988 U2 Ireland $42 million $108 million
1989 Pink Floyd United Kingdom $56 million $138 million
1990 The Rolling Stones United Kingdom $88 million $205 million
1991 New Kids on the Block * United States $115 million $257 million
1992 New Kids on the Block United States $62 million $135 million
1993 Guns N' Roses United States $53 million $112 million
1994 Pink Floyd United Kingdom $62 million $127 million
1995 The Beatles United Kingdom $130 million $260 million
1996 The Beatles United Kingdom $130 million $253 million
1997 The Beatles United Kingdom $98 million $186 million
1998 The Rolling Stones United Kingdom $57 million $107 million
1999 Backstreet Boys United States $60 million $110 million
2001 The Beatles United Kingdom $70 million $120 million
2002 U2 Ireland $69 million $117 million
2003 The Rolling Stones United Kingdom $66.5 million $110 million
2004 The Rolling Stones United Kingdom $51 million $82 million
2005 Eagles United States $45 million $70 million
2006 U2 Ireland $110 million $166 million
2007 The Rolling Stones United Kingdom $110 million $162 million
2008 The Police United Kingdom $115 million $163 million
2009 Rascal Flatts United States $60 million $85 million
2010 U2 Ireland $130 million $182 million
2011 U2 Ireland $195 million $264 million
2012 U2 Ireland $78 million $104 million
2013 Bon Jovi United States $79 million $103 million
2014 Eagles United States $100 million $129 million
2015 One Direction United Kingdom / Ireland $130 million $167 million
2016 One Direction United Kingdom / Ireland $110 million $140 million
2017 Coldplay United Kingdom $88 million $109 million
2018 U2 Ireland $118 million $143 million
2019 Eagles United States $100 million $119 million
2020 Jonas Brothers United States $68.5 million $81 million
2021 Red Hot Chili Peppers United States $116 million $130 million
2022 Genesis United Kingdom $230 million $239 million

Male

Forbes List Of The World's Highest-Paid Musicians 
Bruce Springsteen became the annual highest-paid musician three times and the annual highest-paid male solo musician six times.
Forbes List Of The World's Highest-Paid Musicians 
Elton John became the annual highest-paid male solo musician three times.
Forbes List Of The World's Highest-Paid Musicians 
Garth Brooks became the annual highest-paid male solo musician three times.
Highest-paid male solo musicians of the year
Year Musician Nationality Earnings Adjusted earnings
(in 2023 dollar)
Ref.
1987 Bruce Springsteen United States $56 million $150 million
1988 Michael Jackson * United States $97 million $250 million
1989 Michael Jackson * United States $125 million $307 million
1990 Michael Jackson United States $100 million $233 million
1991 Michael Jackson United States $60 million $134 million
1992 Michael Jackson United States $51 million $111 million
1993 Prince United States $49 million $103 million
1994 Garth Brooks United States $41 million $84 million
1995 Michael Jackson United States $67 million $134 million
1996 Michael Jackson United States $90 million $175 million
1997 David Bowie United Kingdom $63 million $120 million
1998 Master P United States $56.5 million $106 million
1999 Lou Bega Germany $6 million $11 million
2001 Dr. Dre United States $35 million $60 million
2002 Elton John United Kingdom $30 million $51 million
2003 Paul McCartney United Kingdom $59 million $98 million
2004 Bruce Springsteen United States $64 million $103 million
2005 Prince United States $49.7 million $78 million
2006 Bruce Springsteen United States $55 million $83 million
2007 Elton John United Kingdom $53 million $78 million
2008 Toby Keith United States $48 million $68 million
2009 Bruce Springsteen United States $70 million $99 million
2010 Bruce Springsteen United States $70 million $98 million
2011 Elton John United Kingdom $100 million $135 million
2012 Dr. Dre United States $110 million $146 million
2013 Toby Keith United States $65 million $85 million
2014 Dr. Dre * United States $620 million $798 million
2015 Garth Brooks United States $90 million $116 million
2016 Garth Brooks United States $70 million $89 million
2017 Diddy * United States $130 million $162 million
2018 Ed Sheeran United Kingdom $110 million $133 million
2019 Kanye West United States $150 million $179 million
2020 Kanye West United States $170 million $200 million
2021 Bruce Springsteen United States $435 million $489 million
2022 Sting United Kingdom $210 million $219 million

Female

Forbes List Of The World's Highest-Paid Musicians 
Taylor Swift became the annual highest-paid musician twice and the annual highest-paid female musician four times.
Forbes List Of The World's Highest-Paid Musicians 
Celine Dion became the annual highest-paid female musician four times.
Forbes List Of The World's Highest-Paid Musicians 
Beyoncé became the annual highest-paid female musician four times.
Highest-paid female musicians of the year
Year Musician Nationality Earnings Adjusted earnings
(in 2023 dollar)
Ref.
1987 Madonna United States $47 million $126 million
1988 Madonna United States $46 million $119 million
1989 Madonna United States $43 million $106 million
1990 Madonna United States $62 million $145 million
1991 Madonna United States $63 million $141 million
1992 Madonna United States $48 million $104 million
1993 Madonna United States $37 million $78 million
1994 Barbra Streisand United States $57 million $117 million
1995 Barbra Streisand United States $63 million $126 million
1996 Mariah Carey United States $32 million $62 million
1997 Celine Dion Canada $65 million $123 million
1998 Celine Dion Canada $55.5 million $104 million
1999 Shania Twain Canada $48 million $88 million
2001 Britney Spears United States $38.5 million $66 million
2002 Mariah Carey United States $58 million $98 million
2003 Cher United States $33.1 million $55 million
2004 Celine Dion Canada $28 million $45 million
2005 Madonna United States $50 million $78 million
2006 Celine Dion Canada $40 million $60 million
2007 Madonna United States $72 million $106 million
2008 Beyoncé United States $80 million $113 million
2009 Madonna United States $110 million $156 million
2010 Beyoncé United States $87 million $122 million
2011 Lady Gaga United States $90 million $122 million
2012 Britney Spears United States $58 million $77 million
2013 Madonna * United States $125 million $164 million
2014 Beyoncé United States $115 million $148 million
2015 Katy Perry United States $135 million $174 million
2016 Taylor Swift * United States $170 million $216 million
2017 Beyoncé United States $105 million $131 million
2018 Katy Perry United States $83 million $101 million
2019 Taylor Swift * United States $185 million $220 million
2020 Ariana Grande United States $72 million $85 million
2021 Taylor Swift United States $52 million $58 million
2022 Taylor Swift United States $92 million $96 million

Highest-paid musicians by decade

2010s

Forbes List Of The World's Highest-Paid Musicians 
Dr. Dre became the highest-paid musician of the 2010s decade.
Top 10 highest-paid musicians of the 2010s decade
Rank Musician Nationality Earnings Adjusted earnings
(in 2023 dollar)
1 Dr. Dre United States $950 million $1,132 million
2 Taylor Swift United States $825 million $983 million
3 Beyoncé United States $685 million $816 million
4 U2 Ireland $675 million $804 million
5 Diddy United States $605 million $721 million
6 Elton John United Kingdom $565 million $673 million
7 Jay-Z United States $560 million $667 million
8 Paul McCartney United Kingdom $535 million $638 million
9 Katy Perry United States $530 million $632 million
10 Lady Gaga United States $500 million $596 million

See also

  • Forbes Top 40 – list of highest-paid celebrities (1987–1998)
  • Forbes Celebrity 100 – list of most powerful celebrities (1999–2014) and highest-paid celebrities (2015–2020)

Notes

References

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