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Category: Music / Music Industry / Arts and Entertainment

'New money, suit and tie': Swift, One Direction top Forbes' list of highest paid

Thursday, 1 Dec 2016 03:54:40

Taylor Swift earned $US170 million from touring, recordings and other income. (Reuters: Mario Anzuoni)

US pop star Taylor Swift, boy band One Direction and British singer Adele were the highest paid musicians in the world this year according to Forbes magazine.

With earnings of $US170 million ($230 million) from touring, recordings, endorsements and other income, Swift, 26, earned the title of 2016's highest paid musician. She pulled in a gross total of more than $US200 million on the North American portion of her 1989 world tour.

The Bad Blood singer was followed by One Direction, the English-Irish pop band, which brought in $US110 million, grossing $US200 million-plus for its recent On The Road Again Tour. Members of the band include Niall Horan, Liam Payne, Harry Styles, Louis Tomlinson and, previously, Zayn Malik.

Ranking third was Hello singer Adele, 28, with $US80.5 million — her highest earnings total yet, while veteran Australian rock band AC/DC were also among the top 10, earning $US67.5 million.

Adele, whose album 25 was the biggest seller of 2015, enjoyed continued success with album sales this year and grossed millions per night for her arena shows.

External Link: Hello, it's Adele!

Madonna, whose recent Rebel Heart tour grossed $US170 million, was fourth with $US76.5 million, which pushed her career total on the road to $US1.4 billion prior to tax, according to Forbes.

The top 10:

  1. Taylor Swift — $US170 million
  2. One Direction — $US110 million
  3. Adele — $US80.5 million
  4. Madonna — $US76.5 million
  5. Rihanna — $US75 million
  6. Garth Brooks — $US70 million
  7. AC/DC — $US67.5 million
  8. Rolling Stones — $US66.5 million
  9. Calvin Harris — $US63 million
  10. Diddy - $US62 million

Other notable musicians among the top 30 earners included Justin Bieber earning $US56 million (13th place with Kenny Chesney), Beyonce taking home $US54 million (17th place) and Canadian rapper Drake in the 30th spot, earning $US38.5 million.

Collectively, the 30 listed musicians earned more than $US1.8 billion this year.

Forbes compiled the list after estimating pre-tax income for the 12 months from June 2015 to 2016 based on interviews with managers, agents, lawyers and some of the stars.

It also looked at data from the Pollstar, the Recording Industry Association of America and tracking firm Nielsen SoundScan.

External Link: Rihanna's hard work landed her at fifth place on the list

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