Have you wondered how much your favorite celebrity is worth? I think about it a lot actually. Well, now we have a list of the richest country music stars ranked lowest to highest. There used to be a really great Twitter account called @CelebJets which showed you all the celebrities with private jets and where they were taking off and landing at any given time. Unfortunately, the account got shut down, but man it was fun. It also showed just had rich some of our favorite country stars really are. Kenny Chesney has his own jet, along with Blake Shelton, and Tim McGraw, who is also a trained pilot.
I tried to think about all the artists we play, who have a lot of songs, who do television/movies. I was kind of surprised when I Googled the Net Worth of a lot of these stars. Obviously, some of the stars who have been around a long time like Garth Brooks, Kenny Chesney, and Carrie Underwood, you would expect to be very wealthy.
The definition of Net Worth from the FDIC is: Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities.
I think it’s interesting that songs don’t really seem to move the needle. It also seems like the older artists made a lot more money from albums than current artists. From what I understand in the music business, before streaming, artists make money from albums, now artists make money from touring. Obviously having a great money manager and knowing how to invest plays a huge part in how much your net worth is also. That’s my goal, to save money so I can start investing. Seems like that’s the best way to get rich.