The Wealthiest Personalities In The Music Industry
Even though it’s a well-known fact that fame equals fortune, you’d be surprised to know that some of the most successful businesspersons in the music industry are actually making money from behind the curtains as they control the production, selling and sharing of the world’s biggest hits. Consequently, the billionaires of the music industry are not necessarily record label owners or even artists, but greatly talented individuals or exceptional businessmen that have the power to shape and evolve the industry with their ideas and concepts. Some rather unusual names in our top regarding the wealthiest personalities in the music industry include Jeff Bezos and Richard Branson, but we’ll let you discover the other ones for yourself.
Sean Parker ($2.1 billion)
As a highly successful American entrepreneur, Sean Parker co-founded the digital file-sharing service called Napster, which definitely altered the dynamics of the music industry way before iTunes became the de-facto service in music sharing. Sean was also the very first president of Facebook, which must have had something to do with his massive fortune of $2.1 billion. Even so, he is still the “poorest” businessman on our list.
Guy Laliberte ($2.6 billion)
Guy Laliberte was the co-founder of Cirque du Soleil in 1984, and as such, he now boasts a bank account of no less than $2.6 billion. However, his story towards success began as a stilt walker, fire-eater and accordion player with a group called Les Échassiers, but he also dabbled in street performing at some point in his life since he used to play the harmonica on the streets of Quebec. Nowadays, Laliberte is ranked as the 11th wealthiest Canadian and the 459th in the world, while his circus revenues have surpassed $1 billion.
Richard Branson ($4.6 billion)
Richard Branson is an English business magnate that is most famous for founding of the Virgin Group. He first entered the scene of the music business in 1972 when he opened a chain of record stores called Virgin Records, which would later be known as Virgin Megastores. In 2012, Forbes acknowledged Branson as the 4th richest citizen in the United Kingdom, all thanks to his net worth of $4.6 billion.
David Geffen ($5.5 billion)
American business magnate and producer David Geffen had a big role to play in the music industry since he created the well-known Asylum Records, Geffen Records and DCG Records companies. He is also believed to have set numerous famous bands on the path to greatness, including Guns N’ Roses and Aerosmith. David currently boasts a net worth of $5.5 billion, which puts him at no.5 on our list.
Philip Anschutz ($7.6 billion)
Philip Frederick Anschutz tried his luck at many different enterprises over the years, including oil-related businesses, stocks, real estate and even railroads but he recently set his eyes on the entertainment industry. His Anschutz Entertainment Group allows him to control some of the most prestigious concert venues in the world, which helped him increase his overall net value to $7.6 billion.
Len Blavatnik ($15.6 billion)
Ukrainian-born American businessman Len Blavatnik made the smart move or purchasing Warner Music in 2011 for $3.3 billion, which definitely helped him earn his current worth of $15 billion. His business career started in 1986 when he founded an international industry group named Access Industries, of which he is still chairman and president.
Jeff Bezos ($18.4 billion)
American Internet entrepreneur Jeff Bezos is the founder and CEO of Amazon.com, which is one of the world’s most popular and appreciated retailers of books, music and other miscellaneous products. Jeff made a fortune of $18 billion over the internet. Think about it!
Sergey Brin and Larry Page ($18.7 billion each)
Sergey Brin and Larry Page are the masterminds behind the world’s most renowned internet search engine – Google. Flaunting a fortune of $18.7 billion each, Larry Page and Sergey Brin are currently working on other Google-related endeavors such as Google Music.