Paul McCartney Net Worth
$1.2 Billion dollars
Paul McCartney Bio
|James Paul McCartney
|Date of Birth
|June 18, 1942
|Walton, Liverpool, England
|Musician, singer, songwriter, record and film producer, businessman
|5 incl. Heather, Mary, Stella, James
|Vocal, bass guitar, guitar, keyboards
|Paul McCartney Band – The Fireman
How much is Paul McCartney net worth?
Paul McCartney is a famous British musician, singer, and songwriter who is really, really rich – like $1.2 billion dollar rich. That puts him there in the list of most famous people and the richest musicians around the globe.
Probably, you know him from The Beatles – they caused a stir and were a big deal in the 1960s. The Beatles released many albums, singles, and EPs. Whatever they put out turned to platinum or gold.
He didn’t stop there. McCartney did an amazing job on his own and with his band Wings. His music is a big deal. More than 2,200 artists covered his song “Yesterday” from his Beatles. Whenever someone covers it, he makes a crazy amount of money.
Many of his songs reached on the Billboard Hot 100 chart as number one. He has also won a bunch of Grammy Awards.
McCartney is well known in the world of music. He was knighted for his music services in the 1997. He is in the Rock and Roll Hall of Fame also – twice! Once as a solo artist and once with The Beatles. Whether he is on tour or not, he is making a lot of money even today.
Through his company MPL Communications, he owns rights to songs from famous artists like Carl Perkins and Buddy Holly, so he is making ton of money from that too.
That’s Paul McCartney – a music legend and a money making machine!
So, this music tycoon named Sir James Paul McCartney was born on June 18, 1942, in Liverpool, England. When he was 14 years old, his mother, Mary, passed away because of brain embolism. Jim was his father who was a trumpet and piano player.
So, Paul McCartney had a piano at his home and he used to practice it a lot. He early on came up with a tune, which became “When I’m Sixty Four” later on. When he was 14 years old, he wrote his very first song, I Lost my Little Girl,” on a Zenith acoustic guitar.
John Lennon had about $200 million to his name when he passed away in 1980. It’s like having $620 million if we adjust inflation in today’s money – that’s a whole lot!
At that time, Paul McCartney was having a pile of cash too – around $400 million, it’s like having $1.4 billion today if we adjust inflation. George Harrison and Ringo Starr had $100 million and $80 million in their pockets respectively.
If we fast forward to 2001, George Harrison had $400 million worth when he passed away. If we adjust inflation today, it’s like having $700 million. There is no doubt about it that these guys were swimming in money.
When Paul McCartney was just fifteen years old, he hung out with the Quarrymen and John Lennon. Paul McCartney hopped on board as the rhythm guitarist before you knew it.
They decided to change their band’s name to The Beatles in 1960. The original crew of the band included Paul McCartney, George Harrison, John Lennon and Pete Best banging on the drums. But they switched out Pete Best for Ringo Starr in 1962.
The Beatles were causing a huge craze all over the world called “Beatlemania” in the early part of 1964.
They were smashing lots of sales records by taking over the music scenes in the U.S. and the UK. Paul McCartney together with John Lennon write their early hits like “Love Me Do” and many more.
The Beatles sold over 183 million units in the U.S. and nearly 600 million worldwide. They are the best-selling music crew ever.
They have got many records for the most top hits on the Billboard Hot 100, the most number one albums in the UK, and the most singles sold in the UK.
They got into the Rock and Roll Hall of Fame in 1988. Within 1994 to 2015, each of the four members got in on their own. And hey, the Beatles showed up in five big movies between 1964 and 1970.
From 1960 to 1970, Paul McCartney was quite busy rocking out on twelve studio albums. He also helped write some of the most hit songs in pop history, like “Can’t Buy Me Love,” “Yesterday,” and “I Want to Hold Your Hand.”
In 1965, Queen Elizabeth II gave Paul McCartney and the other Beatles a title of – Members of the Order of the British Empire.
They had their last big concert at the end of their 1966 U.S. tour. “Abbey Road” was their last recorded album in 1969. But then, with some business problems, things got difficult, and the Beatles started having big arguments.
Paul McCartney decided to say good bye to the band on April 10, 1970. After some legal paper work, they officially said it good bye on December 31, 1970.
Solo Career and Wings
Paul McCartney went solo in 1970 after The Beatles called it quits. He created an album named “McCartney,” and can you guess what happened? It went to number one in the US.
Then, he co-founded a band known as Wings from 1971 to 1981. He and his wife, Linda McCartney, played keyboard in that band, and they rocked it for a long time.
Paul McCartney has been hitting the road a lot since 1989, doing solo shows. He has been more successful as a solo artist than the other members of ex-Beatles.
People go crazy for his concert even today, and they sell out very fast, making him a huge cash. McCartney is a music superstar who keeps shining!
Since the breakup of the Beatles, he has released 22 studio pop albums and 5 classical albums.
Regaining his Rights of Beatles
There is a rule in the UK that after 56 years of song’s copyright registration, the artist can get the rights of the song back. In the early 1960s, the songs that Lennon and McCartney wrote, they would start gaining the rights back around 2018.
Now, Michael Jackson had been gone for almost ten years by then who owned the rights of a bunch of music stuff. It was in the hands of Sony who paid $750 million for those rights.
In June 2017, McCartney and Lennon’s heirs made a deal with Sony ATV. They sorted things out themselves without going to the court.
McCartney was inspired by American rhythm and Motown music and blues. When he was in school, he looked up to Little Richard as his hero.
McCartney was so gifted that he taught himself how to play some musical instruments without taking any lessons. He mastered many musical instruments like bass, acoustic and electric guitars, drums, and piano.
Paul McCartney is famous for being able to sing songs in all sort of styles and hitting high notes like a lot. He has got a powerful voice to belt out some serious tunes. McCartney is a music wizard who is able to sing in all sort of ways and play all kinds of instruments.
McCartney has sung so many songs that he can keep going non-stop on world tours. From the Beatles in the 1960s till now when he’s 76, he has been blowing the minds with his music for more than 50 years.
During his tour in 2015-2016, just imagine, he made a whopping $4 million for each city he performed in! That’s huge when you compare it with big names like Beyonce, Jennifer Lopez, and Jay-Z made during the same time.
Here is the cool part – Paul McCartney just doesn’t show up, he really delivers. He plays continuously for whole three hours when he goes on tour!
His fans get awesome music in return for their money, and that is the reason keep coming back for more. The old guy knows how to give a fantastic show!
At Live Aid, Paul rocked the stage. He also performed on the halftime show at Super Bowl XXXIX. His 2002 tour brought a whopping $126 million into his pockets. Then, in 2010, he raked in $93 million with his musical tour. By doing 80 shows in 20 different countries, he earned a staggering $71 million.
He made $56.5 million in 2016. In the year 2017, from his tour of US and Brazil, he grabbed $54 million. At the Austin City Limits music festival, he was the main act in 2018. Paul McCartney is definitely an unstoppable music machine!
Back in 1969, McCartney married Linda Eastman who was a photographer and animal rights activist. They had four children. They remained married until the death of his wife in 1998.
In 2002, he married Heather Mills, and they had a daughter. They divorced in 2008. Paul McCartney said “I do” once more to Nancy Shevell on October 9th, 2011.
McCartney is doing good stuff by standing up for animal rights and speaking out things like genetically modified foods and landmines. Since way back in 1975, he has been a vegetarian.
Relationship with John Lennon
McCartney and Lennon weren’t best buddies during the time when they were bandmates. They did a lot of lyrics and music together, but things got a bit rocky. They got back together in the mid-70s but drifted apart again.
Paul McCartney mentioned that the last chat with Lennon was friendly and cool. Lennon got killed on December 8, 1980. When the reporters asked about this to McCartney outside a recording studio on Oxford Street, his response seemed a bit light to some people.
He said that he went home that evening, watched the television, and spent most of his time crying over to his friend and former collaborator.
Paul McCartney has got some expensive homes of at least $100 million all over the place. Check out his real estate lineup:
In 1984, he bought a townhouse in New York City overlooking the Museum of Modern Art for a staggering $1.88 million.
In East Hampton, Long Island, he spent $495,000 on a house.
Back in 2001, he spent $4 million to buy Courtney Love’s Beverly Hills Mansion.
In 2015, he and his wife Nancy spent $15.5 million on a penthouse in Manhattan. But the due to high monthly upkeep of around $13000 a month, they sold it later in 2022 for $8.5 million.
Near Tucson, Arizona, he has got a massive 190-acre ranch.
And it’s not finished yet – He has bought about six properties we know of in his home country, the UK, including a huge 1500-acre estate in East Sussex, a country estate in Scotland, and a flat in London.
After adding all up, Paul’s got a real estate of $100 million or maybe $150 million all over the globe. That’s a lot of fancy homes!
Childhood Home Auction
Back in February 2015, Paul’s childhood home was up for the auction. It’s at 72 Western Avenue Speke. Guess what? It sold for a whopping $231,000. $70,000 more than they were asking! Probably a huge Beatles fan bought it.
Since 1995, it is owned by National Trust. Now, it is open for the public to visit. It’s like a piece of history you can walk through!