How To Get Settings Icon Back On Iphone
In summer 2022, an artist that got her start performing "songs of the summer" reached a fiscal status that is often unprecedented for a majority of people in the arts. But this feels plumbing fixtures for Rihanna, a recording creative person and beauty mogul who inspired multiple generations of people to be more confident every day. Now that she's a billionaire, it's exciting to see what Rihanna will practice next.
In a fourth dimension where most billionaires in the public eye resemble supervillains from comic books, it's reassuring to meet inspiring creatives also reaching that milestone. Rihanna is not the first musician to get a billionaire, but she is in cracking company.
Today, Shawn Corey Carter — aka Jay-Z — is a businessman starting time and a rapper second. Ten of Jay-Z's albums take reached #ane on Billboard. His anthology Vol ii….Hard Knock Life spent 69 weeks on the Hot 100 Chart. A lot of folks compare Carter to his married woman, Beyoncé Knowles Carter, whose individual net worth is estimated to exist at about $500 meg. Then, what separates the two in terms of their internet worths? Jay-Z's broad listing of interests and business ventures.
In terms of music, Carter cultivated the careers of people similar Kanye West and Rihanna. He founded Roc-A-Fella Records in 1995 and stayed with the visitor until 2009. This decision enabled Carter to take control of his music and curate a deep library of music that remains both iconic and relevant today.
It wasn't until 2022 that Jay-Z officially became a billionaire, simply no i seemed surprised past this news. After all, Carter was a part-owner of the Brooklyn Nets for 10 years, and he bought the bulk of Tidal, a music streaming service, for $56 million in 2022. Afterwards, he sold the service to Twitter's Jack Dorsey for $350 one thousand thousand, proving that he'due south e'er thinking in a business-minded mode.
2. Sir Andrew Loyd Weber
While the term "going viral" was non in the vernacular until the internet age, that doesn't hateful the same sort of phenomenon didn't happen prior to so. Andrew Loyd Weber is responsible for leading the way in musical trends, especially in theater, for the latter one-half of the 20th century. The English language composer, who was born in 1948 has been knighted past Queen Elizabeth I, won several Tony awards and became a billionaire through his art.
Webber's early on popular musicals from the 1960s include Joseph and the Astonishing Technicolor Dreamcoatand Jesus Christ Superstar. Other successful productions of his include Evita, Phantom of the Opera (the one from the 1980s that everyone loves), and The Woman in White. In 2022, Webber premiered his latest musical, a new adaptation of Cinderellathat sticks true to the original Grimm fairytale. Unlike other artists on this listing, Webber is the only ane to have earned the bulk of his fortune through his iconic music, rather than other business organization ventures.
Of Webber's many productions, Catswas the musical that helped Webber to assure his billionaire status. Until information technology was surpassed by The Panthera leo Rex, Catswas the longest-running play in Broadway history. At that place have been endless adaptations of Webber'due south odd, whimsical musical near the secret lives of felines. A feature film of the musical was released in 2022, the same twelvemonth that Webber's net worth entered billionaire territory.
three. Sir Paul McCartney
We know that Paul McCartney believes in yesterdays, but plainly he believes in being concern savvy and protecting the work of his and others too. According to CBS, the Beatles accept sold more than ane.6 billion singles in the U.s. alone. Even more than impressively, they have sold more than than 600 million albums across the globe.
There was a controversy in the 1980s when Michael Jackson acquired the rights to a massive portion of the Beatles' song catalogue. Jackson sold some of the songs to Sony in 2008 while experiencing financial difficulties. Later on Jackson's passing, Sony acquired the residual of the songs. At the fourth dimension, McCartney did still receive some royalties for the songs — simply not all of them.
Fortunately for McCartney, who is worth $1.2 billion, he has enough solo work and other songwriting credits, even for other artists' tunes, that were also massive successes. Recently, the death of McCartney's wife, Linda, resulted in a $200 meg inheritance for the sometime Beatle.
McCartney continues to manage his own song catalogue and owns the rights to other artists' music, like the iconic Buddy Holly, who influenced the Beatles early in their career. Co-ordinate to Billboard, McCartney owns the rights to over 25,000 compositions, including "Hard Knock Life," which was sampled by Jay-Z in the tardily 1990s. Possibly his squabble in the '80s with the King of Pop left a lasting impression on McCartney when it comes to the value of music.
four. Rihanna
In 2022, NPR called Rihanna the most influential musician of the 21st century. And they weren't wrong. Robyn Rihanna Fenty has been named the pinnacle-selling artist of the digital era. Beyond her viii albums, 14 of Rihanna's singles have reached the top spot on Billboard's charts. Her Guinness World Records include being the well-nigh "liked" person on Facebook in 2022 and being the female artist with virtually #1 singles in a single year. The just woman in amusement who's wealthier than Rihanna is longtime billionaire Oprah Winfrey.
Despite her musical success, another venture enabled Rihanna to reach new fiscal heights. Fenty Beauty, a cosmetics company that takes information technology'due south name from Rihanna's surname, focused on creating makeup and other products through an inclusive lens. Historically, the makeup industry has catered to people with white skin, merely Fenty's products are for everyone. As Fenty beauty grew, Rihanna launched a fashion haus of the aforementioned proper noun. Today, Rihanna serves as an ambassador for her dwelling country of Barbados.
What Billionaire Musicians Mean for the Future of Money
What'southward interesting about these 4 iconic musicians is that they all became billionaires in contempo years. In 2022, the number of billionaires reached 2,755. This is a 30% increase over 2022. Nonetheless, the number of billionaires is increasing as income inequality is likewise on the rising. Time will tell whether or non these new billionaires hoard their wealth or utilize it to empower others. Nosotros're hoping for the latter.
This can exist discouraging, but if nosotros're looking for lessons to exist learned from these four billionaire musicians it might be this: Notice what you're good at and bring passion to your endeavors. Additionally, it'due south okay to have varied interests, and, if you can brand them work, more than power to you. There are a lot of barriers to overcome, systemic and otherwise. Just, with the right plan, execution, and mayhap a little luck, yous too tin follow a passion to financial success.
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Source: https://www.askmoney.com/investing/billionaire-musicians?utm_content=params%3Ao%3D1465803%26ad%3DdirN%26qo%3DserpIndex
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