This news came days after ME! singer got into media war with Scooter Braun, her former manager who bought her original recordings. We won’t get into the whole “who is right, who is wrong” debate, but when it comes to masters, Prince paid a considerable price and so did the Beatles. While it is hard to understand music as a business, people who tried to change it ended up losing careers and money. Speaking of the Beatles, at some point, Michael Jackson was the owner of their songs, but luckily, Paul McCartney got them, and if you think about it, it is slightly insane that you don’t own something you made. After all, you made those same managers and label bosses millions, so what’s with all the need to control artists any further?
Money-making machine, aka Taylor Swift, will probably be even richer this time next year. So far on her official website, you can buy the usual: phone cases and t-shirts, but rumor has it that Swifty will pull a Rihanna. Riri started with Fenty beauty, now she has her clothing line under LVMH and became part of the fashion royalty.
So, who did she leave behind in a money-race? Second place goes to Kylie Jenner and third to Kanye West. Kardashian clan is still more precious than any family in the world if you don’t count the Royals. Earlier this year Forbes declared Jenner to be the world’s youngest billionaire. Not bad for a girl with no real talents, expect taking selfies, and promoting lipsticks. Yes, the Kardashians are richer than Lionel Messi, Cristiano Ronaldo, and Neymar, all in the Forbes’ top 10.
Forbes compiled its 2019 list by estimating pretax earnings from June 2018 to June 2019, before deducting fees for managers. On tour alone, Taylor Swift, the highest-paid celebrity in the world, made over 350 million dollars. However, a large portion goes to management, back up dancers, backup vocals, people who helped her get to where she is now.
Endorsement deals with Apple, AT&T, and Diet Coke helped Taylor become the richest of them all. And how rich are those in top 100? As per Forbes the world’s 100 highest-paid celebrities pulled in $6.3bn pretax over the past 12 months. Yup, there are countries with a lower GPA.