Forbes recently announced their highest paid Musicians in 2014. There are a couple of surprises on the list if we need to account for the most popular artist streamed on Spotify and viewed on YouTube this year, but we all know that record sales and online media are not the only revenue streams artists rely on these days. Geeks following our blog will remember that Dr. Dre was announced as the top dog of Forbes’ Top 10 Highest Paid Hip-Hop Artists in 2014. He dominates the music world once more as the highest paid Musician in 2014. The 49-year-old artist originally from Compton, California is king with a whopping estimated $620 million as indicated back in September.
The huge financial injection came from Apple acquiring the critically acclaimed subscription streaming music service Beats Music, and Beats Electronics, which makes the popular Beats headphones, speakers and audio software. As part of the acquisition, Beats co-founders Jimmy Lovine and Dr. Dre joined the prestigious Apple group. Apple acquired the two companies for a total of $3 billion, consisting of a purchase price of approximately $2.6 billion and approximately $400 million that will vest over time.
Cruising miles behind the rapper on the list is Jay-Z’s better half Beyonce Knowles with an estimated $115 million from her tours, album sales and endorsement deals with Pepsi and H&M. The R&B queen is followed by veteran rock band Eagles with $100 million, courtesy of their “History of the Eagles” tour. Another two golden oldies made the list to wrap up the top 5, Bon Jovi and Bruce Springsteen earned $82 million and $81 million respectively. Forbes says”both Jersey-born rockers grossed millions per night on successful arena tours. Those three (including Eagles) acts also benefit from staging that’s relatively simple, and therefore cheap, compared to some big pop acts.”
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Check out the list of Top 10 Highest Paid Musicians in 2014