Wednesday, August 29, 2012
Elton John 12th Highest Paid Celebrity
To determine who really has the most cash in the showbiz world, Forbes says it added upfront pay, back-end profits, residuals, endorsements and commercial work. After the math’s done, John ranks #12 on the list, right between TV personality Glenn Beck and Tom Cruise. Forbes estimates that The Rocket Man took in $80 million over the last year, thanks to some 100 concerts he’s performed, as well as the money he made from the animated film Gnomeo & Juliet, which his company produced.
The only other musicians on the list are Britney Spears at #20, with earnings of $58 million from her concert tour, album sales and endorsement deals, and rap-music mogul Dr. Dre at #5. The hip-hop star hasn’t released an album since 2001, but he made $110 million thanks to his line of Beats by Dr. Dre headphones.
Oprah Winfrey, no surprise, is #1 on Forbes’ list.
- ABC News