JOURNAL ARTICLE
Paul McCartney is now a billionaire, the first British musician to do it—and the former Beatle can thank Beyoncé.
Published In: Fortune.com, 2024. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Morris, Chris 3 of 3
Abstract
The article focuses on Paul McCartney achieving a net worth of over £1 billion ($1.3 billion), marking him as the first British musician to reach this milestone. This increase in wealth is attributed to his extensive music catalog, renewed interest in The Beatles following the release of their song "Now and Then," and a reimagined version of his song "Blackbird" featured in Beyoncé's Cowboy Carter. Despite this financial success, McCartney's fortune remains significantly lower than that of the U.K.'s richest individual, Gopi Hinduja, whose family controls a conglomerate valued at £37.2 billion. Looking ahead, McCartney is set to release a new album, "One Hand Clapping," while also facing the end of royalty payments from the Cirque du Soleil show "The Beatles Love." [Extracted from the article]
Additional Information
- Source:Fortune.com. 2024/05, pN.PAG
- Document Type:Article
- Subject Area:Music
- Publication Date:2024
- Accession Number:177377561
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