Paul McCartney Is Officially a Billionaire, Third Wealthiest Musician

Who is the billionaire Beatle? Paul McCartney, of course, according to an article by Forbes, which ranked him the third richest musician in the world with $1.4 billion in net worth from his catalog, music rights, touring, and even his art and properties.

Forbes detailed how The Beatles member joined the 10-figure club in its new “The Billie” newsletter. The magazine estimated that McCartney’s share of The Beatles’ music is worth about $350 million. It isn’t just the music from the best band of all time that rakes in the dough.

Macca’s music company, MPL Communications, brings him hundreds of millions as well, Forbes reported. Through the company, he controls his solo catalog and money generated by the catalog of Buddy Holly, the musical Grease and a host of Christmas classics such as “It’s Beginning To Look a Lot Like Christmas” and “The Christmas Song (Chestnuts Roasting On An Open Fire)” as well as a multitude of catalogs and songs. All told, McCartney’s music rights income outside The Beatles is worth at least a quarter of a billion by Forbes’ estimate, which McCartney didn’t comment on. The 84-year-old Fab Four member also has earned hundreds of millions from touring.

But the Beatles bassist’s billionaire bank balance isn’t just from music, Forbes wrote. He also has real estate across the UK and the Hamptons, and he’s a collector of extremely valuable art. He owns pieces by Picasso and Magritte, all of which add to his more than a billion-dollar net worth.

At $1.4 billion, McCartney sits behind only Taylor Swift, who is worth $2 billion, and Jay-Z with his $2.8 billion net worth.

A rare reunion of McCartney and Ringo Starr was just announced for January. McCartney’s latest album was May’s The Boys of Dungeon Lane.