Paul McCartney net worth is built on many things. Obviously, his time with the Beatles brought in millions. However, he has also done quite well with his solo music career.
He has also performed at many concerts and benefits, including Live Aid and Super Bowl XXXIX. He has also made a lot of money from his tours.
The Beatles catalog
With a career spanning over fifty years, Paul McCartney has written and performed some of the world’s most memorable music. He currently makes tens of millions of dollars every year from song royalties and touring. His music publishing catalog, which includes his own work and the works of other artists, contributes to his wealth as well.
In the early 1960s, Epstein formed Northern Songs to publish the Beatles’ music. It was initially owned by Dick James and Charles Silver with a minority share held by Lennon and McCartney. The latter two retained their writing rights, but Lennon’s share was subject to a reversion after 56 years.
Jackson bought Northern Songs in 1985 and merged it with Sony’s catalog to create Sony/ATV Music Publishing. That move cost Jackson half of the company’s value, a substantial sum. He later sold his remaining stake to Sony. The Beatles’ songwriting catalog is now part of Sony/ATV’s massive library. This gives McCartney the opportunity to earn billions from his music.
His solo music career
As a solo artist, McCartney has been successful with his music. He has released numerous albums in different genres and continues to tour the world. McCartney is a rock legend, and his concerts have been selling out for decades. In fact, during his 2015-2016 tour, he earned $4 million per city. In addition to his extensive catalog, McCartney also earns royalties from his endorsement deals with various brands. He has appeared in commercials for Apple, Fidelity Investments, and Lexus.
In addition to his music career, McCartney is an avid collector of cars and has a prestigious collection of vintage aircraft. He has also invested in real estate and is a generous contributor to charitable causes. With so much going for him, it’s no wonder that McCartney is one of the richest musicians in the world. He’s an icon who isn’t slowing down anytime soon. He has a long list of hits to please generations of fans.
Real estate portfolio
One of the richest musicians in the world, Paul McCartney owes his enormous fortune to many different endeavors. He has built a multi-billion empire through music sales, royalties and digital streams, tours, endorsements, business pursuits, and real estate.
The former Beatle owns several expensive properties across the globe, including a triplex penthouse in Manhattan that cost him $15.5 million. He also owns a ranch in Arizona and an estate in England. The latter, dubbed Blossom Wood Farm, yields wheat, rye, and peas. It also has a fir tree that was gifted to the musician by George Harrison.
McCartney continues to make millions each year from his various musical ventures. He easily makes $50-70 million during his touring years and tens of millions in royalties and licensing fees each year. Additionally, he owns an impressive portfolio of publishing copyrights through his company, MPL Communications. His music catalog alone is worth over $1 billion. This is a significant sum, and it will probably continue to grow over time.
Paul McCartney has been able to make his fortune through more than just music. He has also made shrewd investments and endorsement deals throughout his career. He has also packed out venues on his tours, earning him a significant amount of money each year.
Besides the massive royalties from his work with The Beatles and as a solo musician, McCartney also makes a considerable amount of money through licensing his music for use in films and TV shows. He is one of the most licensed artists of all time, bringing in millions of dollars every year.
In addition, he has several businesses, including MPL Communications Ltd, which handles all his publishing copyrights; Starkey Hearing Technologies; two restaurants called Liverpool One Bar and Grill; and a fashion line named Strawberry Fields Forever. He has also made shrewd real estate investments, owning properties around the world. He has also done some philanthropy work, supporting various charitable causes.