Paul McCartney becomes a billionaire

Paul McCartney becomes the 7th musician to become a billionaire, joining the likes of Jay-Z, Taylor Swift, Rihanna, and more. (Instagram)

Paul McCartney has made history after he was declared a billionaire, according to the latest reports shared online. The former Beatles member is now valued at USD 1.4 billion. McCartney has worked in the music industry for 69 years, from 1957 to the present, beginning his work with the Quarrymen and continuing through The Beatles, Wings, and his solo career.

He is one of the most revered musicians in the industry.

According to Forbes, McCartney has officially joined the ranks of some of the most successful and most expensive musicians in the world. The report shared that the singer now has a net worth of USD 1.4 billion. The amount is thanks to the 84-year-old's musical catalogue, legal manoeuvres, tours, and art collection. According to the report, a lot of his funds also come from his own publishing company, which was founded in 1969.

The label manages his own catalogue along with many other artists who have signed on.Some of the artists and songs under his label include Glenn Aitken, Buddy Holly, ‘It’s Beginning to Look a Lot Like Christmas,' ‘The Christmas Song (Chestnuts Roasting On An Open Fire),' ‘Blue Suede Shoes,' and many others. He also owns publishing rights to a large chunk of the Beatles discography. Other than this, McCartney also earns 25% of earnings from the Beatles’ holding company.

The company generates about USD 50 million annually.

The earnings come mainly from streaming residuals, vinyl sales, and merchandise.

How many musicians have reached billionaire status?

Over the years, six other artists in the industry, besides McCartney, have reached billionaire status. This includes Jay-Z with USD 2.8 billion, Taylor Swift with USD 2.0–2.1 billion, Rihanna with USD 1.4 billion, Bruce Springsteen with USD 1.2 billion, Beyoncé with USD 1.0–1.2 billion, and Dr. Dre with USD 1.0 billion.On the work front, McCartney’s latest album, 'The Boys of Dungeon Lane,' was released this past May. Also, between 2022 and 2025, he performed around 79 shows for his ‘Got Back Tour.’