20 Richest Singers And Songwriters Of All Time

Celebrities, especially those in the music industry, are some of the top earners in the world. Here we have compiled a list of the 20 richest musicians all the time, check out if your favorite musicians on the list.

1. Dolly Parton - $500 million

The country singer first won over hearts after appearing on The Porter Wagoner Show. Her hits like  “Joshua,” “Coat of Many Colors,” “The Right Combination,” and “Travelin’ Man” made her even wealthier and even more famous than she could ever have dreamed. 

2. Elton John - $500 million

Elton John started his musical career playing piano in pubs. His 1973 album, "Goodbye Yellow Brick Road," earned critical acclaim, skyrocketing him to popularity. Sir Elton John is also a pianist and composer and one of the wealthiest musicians around. He has sold over 300 million records and his tribute to Princess Diana “Candle in the Wind” sold over 33 million copies. Elton John became the 1662nd person to receive a star on the Walk of Fame in 1975.


3. Beyoncé - $355 million

Beyoncé is an American singer, songwriter, dancer, and actress. She was the lead singer in the group Destiny’s Child before transitioning to a solo career. Beyoncé has won 22 Grammy awards, and she is also the most nominated person in the history of the Grammy's. The successful singer is also an entrepreneur (owning her own fashion labels), an actress (in movies including Austin Powers in Goldmember and Dreamgirls) and a philanthropist.

4. Andrew Lloyd Webber - $1.2 billion

Andrew Lloyd Webber is described as the most commercially successful composer in history according to the New York Times. He is also one of only 15 people who is an EGOT winner, winning an Emmy, Grammy, Oscar, and Tony award. Webber's music career began when he started writing his own music when he was only a child. He is also an impresario of musical theatre with several of his songs being hits including “All I Ask Of You” and “Don’t Cry for me Argentina.”

5. Paul McCartney - $1.2 billion

Guinness list Paul McCartney as the most successful composer and recording artist of all time. Sir Paul McCartney first started accumulating his fortune as a member of the Beatles with notable songwriting contributions include "Yesterday," "Hey Jude," and "Paperback Writer." He is reported to own more than 25,000 other copyrights, and his post-Beatles career has been huge, with Wings alone selling more than 8 million albums in the US.


6. Jay-Z - $900 million

As the first rapper to be recognized by the Songwriters Hall of Fame, Jay-Z has had the most number one albums by a solo artist on the Billboard 200. He is not only a rapper and businessman, but a songwriter as well. He has written dozens of songs that have been sung by some of the most famous singers in the world, including his wife. His wrote many hit songs for her, including “Crazy in Love,” “Déjà vu,” and he’s also written songs that have been performed by Mariah Carey and Kanye West. 


7. Michael Jackson - $825 million

We all know him as the King of Pop and one of the 20th century's significant icons, even though he is no longer with us. Michael Jackson is not only famous for singing his songs, either, he is also famous for writing most of them, including timeless classics such as “Billie Jean,” “Beat It,” and “We are the World.” It is estimated that he had sold more than 350 million records worldwide. 


8. Sean Combs -  $825 million

P. Diddy, Puffy, Puff Daddy and Diddy - he’s had some name changes over the years. What has never changed is that he is just plain successful as a rap superstar, entrepreneur, actor, songwriter, and producer. Even though he is spending more time these days on his businesses than his music, he is still writing songs and making money from music. His most famous songs include “Summertime” for Beyonce and “Hypnotize” for the late Notorious B.I.G. and many other songs that have become famous over the years. 


9 Jon Bon Jovi - $410 million

Jon Bon Jovi rose to prominence with the single “Runaway” in the mid-80s after he and his band made the Top 40. He also has other strings to his bow, including songwriting, record production, and acting. Jon Bon Jovi has sold more than 130 million albums worldwide and is ranked at the top of the highest paid male musicians in the industry. He is also the founder of the Arena Football League team has starred in few films and TV series.


10. Dr. Dre - $770 million

Dr. Dre, born Andre Romelle Young, is an American rapper and music producer. He first saw success DJing and producing with hip-hop group, N.W.A. He then went on to produce world-famous musicians like Snoop Dogg and Eminem, founded Aftermath Entertainment, and also starred in a few films. In 2014, Apple bought the Beats brand for $3 billion, making him one of the richest musicians in the world.


11. Bono - $700 million

U2’s frontman is not just a singer; he is also a songwriter, businessman, philanthropist and venture capitalist. He came to prominence with his band U2, and they found their first big success with the 1980 album Boy. He himself wrote songs such as  “All I Want is You,” and “Staring at the Sun,” amongst others. Later, Bono became one of the most well-known philanthropists and has dabbled in a number of business ventures.


12. Madonna - $590 million

Known as the Queen of Pop, Madonna has gained worldwide success not only as a singer, songwriter, actress, but also a businesswoman and as a result is one of the most affluent musicians in the world. Guinness list Madonna as the best-selling female recording artist of all time after selling 300 million albums worldwide. While pursuing her musical career, Madonna has also launched four fashion clothing labels, and was attached to H&M in 2007.


13. Jimmy Buffett - $560 million

He exudes a “beach bum” persona, but singer-songwriter Jimmy Buffett is a hard-working man. He writes lots of his own music, such as his major success “Cheeseburger in Paradise,” and “Margaritaville.” Jimmy Buffett is not only involved in music, but also real estate, film production, acting and business. In the 1980s, his concerts were very popular, and he made more money from them than selling his albums.


14. Mariah Carey - $510 million

Carey is best known for her beautiful voice and has many hit singles to her name like “Vision of Love,” “Emotions,” “Hero,” and “One Sweet Day.” She has more number one singles than any other solo artist, and most of them are written by herself.  She is the best-selling recording artist of the 1990s and signed a record-breaking $100 million deal with Columbia in 2000. Throughout her career,  Carey has sold more than 200 million records worldwide. 


15. Celine Dion - $400 million

As one of the wealthiest and highest paid musicians in the world, Celine Dion has garnered massive success as a singer and businesswoman. She first achieved international recognition after winning the 1982 Yamaha World Popular Song Festival. Dion went on releasing international hits, such as “The Power of Love,” “It’s All Coming Back to Me Now,” and “My Heart Will Go On.” Apart from her stunning music career, Dion also is a successful businesswoman and owns the Nickels Restaurant food chain, a golf club, restaurant and nightclub.


16. Bruce Springsteen - $345 million

Bruce Springsteen is a singer and songwriter. He began his music career in his teens when he learned how to play guitar. He brought his first guitar for $18, and this small investment would help transform him from Springsteen into "The Boss" and make him millions of dollars in the process. The rock legend is famous for his songs with their depictions of working-class life in the United States. He has won many music awards including 20 Grammy awards and sold over 65 million albums in the US.


17. Mick Jagger - $332 million

Mick Jagger might be famous for being the front man of the band, the Rolling Stones, but he is not just a rock star. In fact, he writes and sings many of his own songs, making him one of the wealthiest songwriters of all time. He wrote famous songs such as “Old Habits Die Hard,” which won a Golden Globe Award for best original song, when it was used in the movie Alfie in 2004. He’s also written dozens of other songs that he has also sung on Rolling Stones albums.


18. Taylor Swift - $320 million

Taylor Swift is considered to be one of the most vibrant female singers in the industry with over 115 million Instagram followers. She first performed in public when she was just 9 and her debut album was released in 2006 when she was only 16. The album was a huge success, and she received many plaudits. Until now, she has released 6 albums,  receiving plenty of honors and awards, including 21 Billboard music awards, 10 Grammy awards, 19 American Music Awards, 8 Academy of Country Music Awards, one Emmy Award, 11 Country Music Association Awards, and one Brit Award.


19. Cher - $305 million

Cher is an American singer and actress. She made her debut by singing with her late ex-husband Sonny Bono, as one half of Sonny & Cher. They created many hits including “I Got You, Babe.” Later, she began her solo career and released “Bang Bang (My Baby Shot Me Down)” and other hits. Her music career continued to flourish after Sonny's death.  Cher has starred in many movies, like Moonstruck and Witches of Eastwick.


20. Justin Bieber - $305 million

The Canadian-born singer rose to prominence after he was discovered on YouTube at the age of 12. Since then, he has had a meteoric rise on the music scene. Bieber launched his first EP titled "My World" in 2009 and the Billboard Hot 100 featured seven of the songs from his debut album. The Canadian superstar is the first musician to achieve this distinction. He has sold more than 100 million copies worldwide, making him one of the best-selling artists worldwide.