Is Paul McCartney Still Making Millions Every Time He Performs?
It’s been almost 50 years since The Beatles broke up. As far as the band’s two surviving members are concerned, that’s just a number. In the case of Ringo Starr, the former Beatles drummer was working his way through a tour of Japan in April. He’s headed to North America later this summer.
As for Paul McCartney, the great songwriter and performer also continues to tour in 2019. During a recent jaunt through South America, Paul managed to turn up on the Billboard Hot Tours list for his earnings in March.
Actually, Paul didn’t just place on the Hot Tour list; he nearly topped all artists after earning a small fortune for four concerts played over the course of a week in Brazil and Argentina. (By average earnings, he indeed was No. 1.)
In fact, at the age of 76, he’s pulling in box-office receipts that put almost everyone else in the business to shame.
Paul averaged over $4.4 million per show in the last week of March.
How many recording artists can fill 50,000-seat stadiums these days? There aren’t many, but Paul McCartney is definitely one of them.
On March 26-27, he averaged over 45,000 fans per night at Alliance Parque in Sao Paolo, Brazil. In dollar terms, Billboard quoted it at $8.7 million for the two-night stand.
But he’d just come from an even bigger show in Buenos Aires, Argentina. For his March 23 gig at Campo Argentino de Polo, he took in a staggering $5.7 million for a single show. That nearly matched his take from two nights ($11.8 million, $5.9 million per show) in Buenos Aires back in 2016.
But that only accounted for three shows. With his fourth and final stop of the week (March 30 in Curitiba, Brazil), Paul added another $3.7 million to the coffers. That put his earnings at $4.45 million per show.
Paul still stages $100 million tours and is the richest rock star of all time.
While Paul’s tour earning in 2019 are stunning, he established his dominance in this area many years ago. In 2015, he posted $56.5 million in earnings. Two years later, he stunned everyone with a $132 million take for the ‘One on One’ tour in the 2017 calendar-year.
That massive sum came for 37 shows on the year, meaning he averaged over $3 million per concert. Once you start adding these numbers together, it’s easy to see how Paul became the richest rock star of all time.
Of course, it all began with his career as a founding member of The Beatles. But his wealth grew to unfathomable levels after he went solo. He had a number of No. 1 singles and albums through the 1970s and ’80s.
When his wife Linda died at the turn of the century, she left him a sum estimated near $200 million. Since he was already worth around $500 million and continues posting huge earnings to this day, you can understand how Paul became the first billionaire rock star.
In worth, his net worth stands at — and could exceed — $1.2 billion.
Check out The Cheat Sheet on Facebook!