Taylor Swift and 15 Other Highest-Paid Millennials in Entertainment
Millennials are making big moves. This is especially true in the entertainment industry. They are becoming powerhouses in music, movies, and more, and are set to become the next group of legends. If you’ve ever wondered how much these young stars make, wonder no more. We took a look at Forbes’ list of highest-paid celebrities to find some of the youngest and richest entertainers.
Here are 16 of the highest-paid millennials in the entertainment industry.
16. Katy Perry
- Born: 1984
- Earnings: $33 million
Kicking off our list is singer Katy Perry. Although Perry hasn’t been on tour recently, she increased her wealth through endorsement deals with companies such as CoverGirl, Claire’s, and H&M. In 2015, Perry earned the No. 3 spot on Forbes’ list, with pre-tax earnings of $135 million. During that time, the magazine reported 60% of the singer’s income was from foreign markets. During her Prismatic World Tour, which ended in 2015, 75 of her concerts took place 27 different countries.
Next: This young artist used a non-traditional way to distribute his music.
15. Chance the Rapper
- Born: 1993
- Earnings: $33 million
Although Chancelor Jonathan Bennett chooses to offer his music through streaming services instead of releasing a physical album, he has still managed to make a significant amount of money. His music even won him three Grammys (one for best new artist, one for best rap album, and one for best rap performance). Bennett earns income from tours as well as product endorsement deals with brands such as Apple, Kit Kat, Nestle, Nike, and Twitter.
Next: This duo made country music history.
14. Florida Georgia Line (Bryan Kelley and Tyler Hubbard)
- Born: 1985 and 1987
- Earnings: $34.5 million
Bryan Kelley and Tyler Hubbard, the duo known as Florida Georgia Line, earned $34.5 million over the last 12 months. They’re known for having the longest-running No. 1 of all time on the Hot Country Charts (24 weeks) with their song “Cruise.” Most of their money is earned from touring, according to Forbes. They also earn money from product endorsement deals with companies such as Advance Auto Parts and Nitto Tires.
Next: This singer is shining bright like a diamond.
- Born: 1988
- Earnings: $36 million
In addition to earning money through album sales and tours, singer Robyn Rihanna Fenty also has some business deals in place. Among them are a top spot as Puma’s creative director. In addition, sales from Fenty’s newly launched makeup line, Fenty Beauty, could catapult her to the top of Forbes’ list next year. Newsweek reports the singer earned enough exposure to earn more than $72 million in media value in just one month.
Next: This artist wears many hats.
12. Ed Sheeran
- Born: 1991
- Earnings: $37 million
Singer Ed Sheeran built wealth through album sales and tours. He has also co-written songs for several artists, including Justin Bieber, Lupe Fiasco, Taylor Swift, The Weeknd, and One Direction. Last year, Forbes reported Sheeran’s earnings to be approximately $44 million. As of this writing, the star’s net worth is roughly $65 million according to Celebrity Net Worth.
Next: This comedienne is laughing all the way to the bank.
11. Amy Schumer
- Born: 1981
- Earnings: $37.5 million
Comedienne Amy Schumer is making waves on the comedy scene. She was the first woman to make Forbes’ list of highest-paid comedians. Schumer makes money from a variety of sources. Her Netflix comedy routine, “The Leather Special,” made up a large share of her earnings in 2017. She also raked in the dough from a book deal with Simon & Schuster worth an estimated $8 million, as well as endorsement deals with companies such as Bud Light and Old Navy.
Next: The best is yet to come for this duo.
10. The Chainsmokers (Andrew Taggart and Alex Pall)
- Born: 1989 and 1985
- Earnings: $38 million
The Chainsmokers, also known as Andrew Taggart and Alex Pall, make their money from touring and album sales. The performers are known for producing hit songs “Closer” and “Paris.” Taggart and Pall appeared for the first time on Forbes’ Celebrity 100 list in 2017. The duo will continue to boost their income through a residency deal with Wynn Nightlife in Las Vegas. According to Celebrity Net Worth, Taggart and Pall are estimated to be worth $12 million each.
Next: This singer’s earnings are out of this world.
9. Bruno Mars
- Born: 1985
- Earnings: $39 million
Bruno Mars (born Peter Gene Hernandez) is making some serious cash. Mars added to his riches as a result of his 24K Magic World Tour. So far, the tour has raked in $129 million in ticket sales. Mars could make a lot more money through endorsement deals, but he has been known to turn them down. He told The Wall Street Journal magazine he prefers to only back products he believes in. As of this writing, the star’s net worth is roughly $110 million according to Celebrity Net Worth.
Next: This celebrity is disrupting the beauty industry.
8. Kylie Jenner
- Born: 1997
- Earnings: $41 million
Kylie Jenner is quickly becoming one of the Jenner-Kardashian family’s top earners. At just 20 years old, Jenner is the youngest member of Forbes’ list of highest-paid celebrities. The media personality makes money from product endorsements, a clothing line, and the reality show Keeping Up with the Kardashians. Jenner has also built wealth from her makeup line, Kylie Cosmetics. Sales for 2017 are projected to be $386 million, placing Kylie Cosmetics on track to earn $1 billion by 2022, reports Women’s Wear Daily.
Next: This singer is using her reputation to add to her riches.
7. Taylor Swift
- Born: 1989
- Earnings: $44 million
Swift had great success with her 1989 world tour, which was the highest-grossing concert tour of 2015, bringing in more than $250 million, reports the Los Angeles Times. Swift is now gearing up for her Reputation tour. In addition to revenue from touring and album sales, Swift also earns income from her endorsement deals with AT&T, Coca-Cola, and Keds, among others. In addition, she receives royalties from co-writing songs for artists such as Calvin Harris and Little Big Town. The singer’s net worth is estimated to be $380 million according to Celebrity Net Worth.
Next: This artist earns a significant amount of money from performances.
6. Calvin Harris
- Born: 1984
- Earnings: $48.5 million
Calvin Harris is one of the highest-paid DJs. He makes much of his money from his Las Vegas performances. In addition, Harris adds to his earnings by headlining music festivals, such as Apple Music Fest and the iHeartRadio Festival. Harris’s net worth is estimated by Celebrity Net Worth to be $190 million.
Next: This singer is rolling deep in cash.
- Born: 1988
- Earnings: $69 million
Adele has won several Grammys and sold millions of albums. In addition, she received a songwriting Oscar for the James Bond song “Skyfall.” Although the singer has turned down plenty of product endorsements, she still makes much of her money from touring. Last year, Adele was ranked No. 2 on Forbes’ Highest-Paid Women in Music list, with $80.5 million in earnings.
Next: We doubt this singer is sorry when it comes to making money.
4. Justin Bieber
- Born: 1994
- Earnings: $83.5 million
In addition to album sales, singer Justin Bieber makes his money from touring. His first tour, My World, raked in $53.3 million in ticket sales. The star’s second tour, Believe, brought in $69.9 million from 67 shows, reports Forbes. He also earns money from product endorsement deals. Some of his most lucrative collaborations include an estimated $12 million endorsement deal with nail polish company OPI and a $3 million deal with skincare company Proactiv.
Next: This star is quickly rising.
3. The Weeknd
- Born: 1990
- Earnings: $92 million
The Weeknd (born Abel Tesfaye), continues to add to his earnings by going on tour. Forbes reports he grossed more than $1 million per tour stop during the Starboy: Legend of the Fall 2017 World Tour. The Weeknd also earns money from product endorsement deals. He recently inked a deal with Puma. Celebrity Net Worth estimates The Weeknd’s net worth is $50 million.
Next: We bet lots of people are calling this star on his cell phone right now.
- Born: 1986
- Earnings: $94 million
Drake (born Aubrey Drake Graham) was the most-streamed artist over the past 12 months, according to Forbes. The rapper earns most of his money through touring. His Boy Meets World Tour became the highest grossing concert tour in hip-hop’s history, earning close to $85 million, reports XXL magazine. Drake also has endorsement deals with companies such as Apple, Sprite, and Nike.
Next: This artist is the highest-paid millennial in entertainment.
1. Beyoncé Knowles
- Born: 1981
- Earnings: $105 million
Fans call Beyoncé Knowles “Queen Bey” for a reason. The singer continues to light up the music charts and is making some serious money in the process. Knowles surpasses the other millennials on this list with impressive 12-month earnings of $105 million. She makes her money from a combination of concert sales, clothing and merchandise, music streaming and album sales, real estate, and endorsements, reports Fortune. Celebrity Net Worth estimates Knowles is worth $450 million.
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