Paul McCartney is the rock star with the highest net worth ever thanks to the beloved Beatle’s knack for timeless tunes and his unrivaled business savvy. That stems from growing up decidedly not wealthy.
The “Love Me Do” singer once explained to The New York Times, “When I was in Liverpool as a kid, I used to listen to people’s conversations. I remember a couple of women going on about money: ‘Ah, me and my husband, we’re always arguing about money.’ And I remember thinking very consciously, ‘Okay, I’ll solve that; I will try to get money.’ That set me off on the ‘Let’s not have too many problems with money’ trail.” He continued, “Not having much money, when anything came into the house, it was important. It was important when my weekly comic was delivered. Or my pen pal—I had a pen pal in Spain, Rodrigo—when his letter came through, that was a big event. When they had giveaways in comics with little trinkets, I kept them all. Some people would say that’s a hoarding instinct, but not having anything when I was a kid has stuck with me as far as money.”
Despite his tendency to hold on to everything he has, McCartney is by no means a miser, noting that his attitude towards money is partly from his “instinct to preserve.” “One of the great things now about money is what you can do with it,” he said. “Family and friends, if they have any medical problem, I can just say, ‘I’ll help.’ The nicest thing about having money is you can help people with it.”
And believe it—he can help a lot. Find out
Paul McCartney’s net worth and how he earned it.
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How did Paul McCartney and John Lennon meet?
McCartney met John Lennonin 1957, and the pair bonded over their mutual love of music as well as the trauma of losing their mothers at young ages. After McCartney joined Lennon’s band, the Quarrymen, the duo that would forever be known as Lennon-McCartney began writing songs together. By 1960, the Quarrymen had gone through numerous lineup changes, adding George Harrison, drummer Pete Best and bassist
Stuart Sutcliffe—and changing their name to The Beatles. When Sutcliffe left the group, McCartney picked up his bass. The Beatles began performing in Hamburg, Germany, opening for Rory and the Hurricanes—Ringo Starr‘s band—and eventually recruited the drummer to replace Best. They signed their first record deal in 1962, and the rest is history.
After the Beatles split in 1970, McCartney went on to form Wings and ultimately embarked on a solo career. In all, he’s recorded and released 26 studio albums since the end of the Fab Four.
What is Paul McCartney’s net worth?
McCartney’s estimated net worth in 2021 is $1.2 billion.
Who is the wealthiest Beatle?
McCartney is the richest member of The Beatles thanks to touring, songwriting royalties and licensing. At the time of his death in 1980, Lennon was worth an estimated $200 million (about $671 million in today’s dollars, adjusted for inflation). Harrison was worth an estimated $400 million at the time of his 2001 death ($625 adjusted for inflation). Starr has an estimated net worth of $350 million.
How much did Paul McCartney pay for the Beatles’ catalog?
The Beatles’ catalog has changed hands several times in very expensive ways.
In 1963, Beatles manager
Epstein arranged a deal with publishing company Northern Songs for the band’s catalog, with Lennon and McCartney owning 20 percent of each of their songs, Epstein getting an unspecified cut, and Northern Songs, owned by
Dick James, getting the rest. The company went public two years later, with Lennon and McCartney each owning 15 percent; smaller shares went to Starr and Harrison (the latter of whom wrote “Only a Northern Song” about feeling shafted in the deal).
In 1969, James sold his share of the company to ATV Music—despite McCartney and Lennon counter-bidding to own their music; Lennon and McCartney later sold their remaining shares to ATV, effectively losing control of their songs completely (though they still had shares as songwriters).
In 1985, ATV Music went up for sale—and
Michael Jackson swept in and bought it, reportedly finding out about the catalog’s value from McCartney when they recorded their duet “Say Say Say” together.
At the time, ATV’s catalog included about 250 Lennon-McCartney tracks, plus songs by
The Rolling Stones and more.
A decade later, Jackson sold half of the ATV Music catalog to Sony when he faced financial troubles. By 2006, Sony purchased another half of Jackson’s half of the catalog, giving them 50 percent of the works, according to The New York Times—the catalog was valued at about $1 billion. Following Jackson’s death in 2009, his shares in the catalog went to his estate; in 2016, Sony purchased the rest of the shares, giving them full ownership of the Beatles’ tracks and the rest of the catalog.
Following a 2018 lawsuit and subsequent settlement, McCartney told Billboard he was “in the process” of acquiring the rights back to his and Lennon’s tunes—but he was not able to disclose the sum that he paid for them.
Interestingly enough, McCartney also has his own company, MPL, which began acquiring song rights in the 1970s, something he said was partially a response to ATV’s acquisition of his own tracks.
He explained to Billboard, “When we came down from Liverpool, I thought—naively—when you earn money, you put it in the bank. Then you meet accountants who say ‘no, no, no—you have to invest it.’ Linda’s dad and brother [
Lee and John Eastman] were my lawyers, and they’re brilliant, and Lee rang me up at one point and said, ‘One of my clients wants to sell his publishing company.’ It was
Morris [who had founded Edwin H. Morris Music]. He named a very large figure—basically all I had at the time,” he continued. “And I said, ‘Are you sure this is a good move? Send me a list of the songs it publishes.’ I looked at the list, and it had ‘Stormy Weather,’ ‘The Christmas Song’—you know, ‘Chestnuts roasting on an open fire’—and I thought, ‘Here goes nothing! Well, here goes everything!’ That was the source of the standards [that MPL publishes], and it was one of the great American catalogs.”
He added, “It was a very large amount in those days. But it turned out to be really good. These kinds of things happened. Someone said, ‘You’re the publisher for this new show that’s trying out in Boston, and we’re paying them to keep it going—do you want to continue paying?’ The company had signed the writers, and we were helping fund the show. And I said, ‘Let’s just keep going.’ Well, that turned out to be Annie.” McCartney was thrilled when fellow billionaire
Jay-Z sampled a song from the play and film, quipping, “So how pleased was I when Jay-Z used it! It’s luck. But The Beatles was luck! How did these four guys in Liverpool get to meet each other? We weren’t at the same school.”
How much did Paul McCartney’s ex-wife get?
McCartney’s acrimonious divorce from Heather Millscost him a cool $48.7 million, Reuters reported—although Mills requested a sum exponentially higher that amount. Still, the former model said she was delighted with her settlement, telling the press, “I am so glad it is over. It is an incredible result in the end. We are very, very pleased. I am so, so happy with it.”
McCartney and Mills were married for four years and share a daughter named Beatrice. Their settlement paid her, effectively, about $34,000 per day for every day of their four-year marriage.
How much did Paul McCartney get paid for Pirates of the Caribbean?
McCartney’s payday for Pirates of the Caribbean: Dead Men Tell No Tales isn’t publicly known, but what is known is that he actually wasn’t the filmmakers’ first choice to play Captain Jack Sparrow’s uncle in the film.
“We had even written a scene for
Joachim Rønning told Entertainment Weekly. “And then because of some scheduling issues, he couldn’t come to Australia to shoot, so we sat down with
Depp] and kind of brainstormed, like, ‘Okay, who could fill his shoes?’ Because we felt like we should have something. We should honor the tradition of showing a Jack Sparrow family member. And we made a very short list, and of course, at the very top of that list was Sir Paul McCartney.”
Espen Sandberg said, “Johnny, of course, has his phone number, as you do. I don’t know what kind of club these people are a member of, but he had the phone number, so he said, ‘You know, I’ll text him! No problem.’ So he did! He just texted Sir Paul, and Sir Paul texted back. And it went a little back and forth, and their lingo got more and more pirate-y, and it was like, well, this is going to happen!”
How much did Paul McCartney give Pete Best?
Best didn’t see a dime from The Beatles’ work after he was replaced with
How much did Paul McCartney make in 2019?
Forbes estimates that McCartney made $37 million in 2019, largely bolstered by his solo tour, which netted $100 million in ticket grosses.
How much did Paul McCartney get paid for Carpool Karaoke?
McCartney’s fee for Carpool Karaoke isn’t publicly known, but Macca confessed that he actually tried to cancel his appearance on the James Corden-hosted viral show because he was too busy.
“What with one thing and another, it was all getting a bit much, and I rang up and said, ‘Hey, I don’t think I can do this. I haven’t got time,'” he recalled to The Liverpool Echo. “James got back to me and said, ‘Oh no, you’ve got to do it, give us something!’ And the minute I got in that car I loved it.”
How much does Paul McCartney make in royalties?
McCartney makes tens of millions annually in royalties and licensing of his music, thanks largely to his songwriting credits. While the exact figures aren’t public record, we can look to the late Lennon for a likely comparison: His estate made $12 million in 2011; adjusted for inflation, it’s about $28 million in 2021.
How much do the Beatles make in royalties?
The Beatles make tens of millions in royalties every year, raking in a whopping $67 million in 2019 alone. McCartney and Lennon’s estate get larger shares of royalties since they’re credited as writers on more songs than Harrison or Starr.
How much does Paul McCartney make a year?
McCartney’s annual income varies depending on whether or not he tours. In a typical touring year, he can easily make $50 million. During non-touring years, he makes tens of millions in record sales, licensing fees and royalties from both his own musical catalog and those he owns through his MPL business.
How much does Paul McCartney make a day?
Assuming McCartney makes $50 million annually, he earns an average of $136,986.30 per day.
Music industry sources estimate that McCartney makes between $400,000 to $600,000 annually from royalties on “Wonderful Christmastime” alone. Erring on the lower side of that estimate, if “Wonderful Christmastime” makes McCartney $400,000 per year, in 2021, he’ll have made $16.8 million from the festive tune. Assuming he makes $50 million per year, McCartney makes a whopping $95 every minute. Assuming he makes $50 million per year, McCartney takes in about $1.59 every minute. McCartney’s tours regularly gross upwards of $100 million in ticket sales, not including merchandise sales and other supplemental income that comes with live performances. Some of Macca’s individual concerts gross close to $6 million—so it’s safe to say that he earns quite the pretty penny per performance. Source : https://parade.com/1295835/jessicasager/paul-mccartney-net-worth/
How much does Paul McCartney make from “Wonderful Christmastime?”
How much does Paul McCartney make per minute?
How much does Paul McCartney make per second?
How much money does Paul McCartney make per concert?
Music industry sources estimate that McCartney makes between $400,000 to $600,000 annually from royalties on “Wonderful Christmastime” alone. Erring on the lower side of that estimate, if “Wonderful Christmastime” makes McCartney $400,000 per year, in 2021, he’ll have made $16.8 million from the festive tune.
Assuming he makes $50 million per year, McCartney makes a whopping $95 every minute.
Assuming he makes $50 million per year, McCartney takes in about $1.59 every minute.
McCartney’s tours regularly gross upwards of $100 million in ticket sales, not including merchandise sales and other supplemental income that comes with live performances. Some of Macca’s individual concerts gross close to $6 million—so it’s safe to say that he earns quite the pretty penny per performance.
Source : https://parade.com/1295835/jessicasager/paul-mccartney-net-worth/2818