Music is not only a great way to relax and ease boredom, it is also a great way to generate income. Don't you know that many music artists are now millionaires? Below is the list of the Top Moneymakers in the Music Industry, according to Forbes Magazine.
Forbes compiled a list of Pop artist’s who accumulated the most millions in the industry. The tally also includes how each recording artist generated in U.S. music sales and North American concert grosses in 2007. Forbes estimates, which don’t calculate how much income each artist pocketed, include concert revenue data from Pollstar, music sales tallies from Nielsen SoundScan and pricing information from NPD Group. The numbers are meant to provide a snapshot, not a complete picture. Revenue from licensing deals, merchandise sales and mobile sales are not included.
Hmmmn, interesting right? Who wants to be a music artist and be like them?
1. The Police: $142.3 million
2 . Josh Groban $104.6 million
3 . Kenny Chesney $96.2 million
4 . Justin Timberlake $95.7 million
5. Hannah Montana/Miley Cyrus $87.4 million
6. Tim McGraw $85.3 million
7. Rascal Flatts $84.2 million
8. Celine Dion $82.7 million
9. Van Halen $63.8 million
10. Rod Stewart $59.3 million