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Kanye West tops the Forbes Magazine’s list of highest paid musicians for 2020 with a whopping $ 170 million

Kanye West tops the Forbes Magazine’s list of highest paid musicians bringing in $ 170 million in just one year … after arguing with his $ 1.3 billion fortune publication

  • Kanye West has reached Forbes Magazine’s top spot as the highest paid musician of 2020, as well as the second highest paid celebrity overall
  • However, Rapper West came into contact with the publication in April, when they called him billionaire.
  • The article noted that West was unhappy with their research and findings – saying he believes his net worth is about $ 3.3 billion, rather than the $ 1.26 billion

Forbes Magazine has dropped its annual list of the world’s highest paid celebrities.

And Kanye West earned the top spot as the highest paid musician of 2020, as well as the second highest paid celebrity overall.

While sister-in-law Kylie Jenner far exceeded the competition by topping the celebrity list by topping $ 590 million, West came in at number two with $ 170 million, which was more than double that of the next musician on the list, Elton John , who made $ 81 million.

Top tune maker: Kanye West earned the top spot on Forbes Magazine's highest paid musicians for 2020 and raised $ 170 million

Top tune maker: Kanye West earned the top spot on Forbes Magazine’s highest paid musicians for 2020 and raised $ 170 million

However, Rapper West came into contact with the publication in April, when they called him billionaire.

The article noted that West was unhappy with their research and findings – saying he believes his net worth is about $ 3.3 billion, rather than the $ 1.26 billion they estimated.

“It’s not a billion,” West texted the publication. “It’s $ 3.3 billion because no one can count on Forbes.”

Meanwhile, after West and John, Ariana Grande ranked the third highest paid musician spot with $ 72 million, largely behind her massive Sweetener Tour in support of her two studio albums Sweetener and Thank U, Next.

Riding the hugely successful Happiness Begins reunion tour and album, the Jonas Brothers came in fourth with $ 68.5 million.

American electronic DJ and production duo The Chainsmokers took fifth place, earning $ 68 million.

Rounding out the top 10 highest paid musicians: Ed Sheeran $ 64 million, Taylor Swift $ 63.5 million, Post Malone $ 60 million, Rolling Stones $ 59 million, and Marshmello $ 56 million.

Money Maker: Much of West's $ 170 million came from his Yeezy sneakers deal with Adidas

Money Maker: Much of West's $ 170 million came from his Yeezy sneakers deal with Adidas

Money Maker: Much of West’s $ 170 million came from his Yeezy sneakers deal with Adidas

Chart hit: West's earning year also included the long-awaited release of his Christian hip-hop album, Jesus Is King, which became the first album ever to top the Billboard 200, Top R & B / Hip-Hop Albums, Top Rap Albums, Top Christian Albums and Top Gospel Albums simultaneously

Chart hit: West's earning year also included the long-awaited release of his Christian hip-hop album, Jesus Is King, which became the first album ever to top the Billboard 200, Top R & B / Hip-Hop Albums, Top Rap Albums, Top Christian Albums and Top Gospel Albums simultaneously

Chart hit: West’s earning year also included the long-awaited release of his Christian hip-hop album, Jesus Is King, which became the first album ever to top the Billboard 200, Top R & B / Hip-Hop Albums, Top Rap Albums, Top Christian Albums and Top Gospel Albums simultaneously

Much of West’s $ 170 million came from his Yeezy sneakers deal with Adidas. Overall, Forbes now has its official $ 1.3 billion value, which came after the rapper and entrepreneur ran a public campaign for many years, according to Business insider.

His earning year also included the long-awaited release of his Christian hip-hop album Jesus Is King in October 2019 and his Sunday Service album Jesus Is Born in December 2019.

Jesus Is King became the first album to top the Billboard 200, Top R & B / Hip-Hop Albums, Top Rap Albums, Top Christian Albums, and Top Gospel Albums.

The 42-year-old Georgia resident also collaborated with Vanessa Beecroft on two operas: Nebuchadnezzar and Mary.

New Tax Disc: Overall, Forbes now has West's $ 1.3 billion official value, which came after the rapper and entrepreneur ran a years-long public campaign

New Tax Disc: Overall, Forbes now has West's $ 1.3 billion official value, which came after the rapper and entrepreneur ran a years-long public campaign

New Tax Disc: Overall, Forbes now has West’s $ 1.3 billion official value, which came after the rapper and entrepreneur ran a years-long public campaign

Forbes’ list of the highest paid musicians is likely to take a huge dip in dollars in the post COVID-19 world.

With the major changes in the music industry in the aftermath of the digital age, most of the highest-earning artists made a large chunk of their income from live performances and tours.

But that won’t be the case when it comes to the following list, with touring completely discontinued since March 2020 due to the pandemic, and delayed indefinitely on this point.

Although artists like West, Jay-Z and Rihanna are unlikely to hit their revenue streams that hard due to their diversified business interests.

Forbes the world’s highest paid musicians (2020)

1. Kanye West $ 170 million

2. Elton John $ 81 million

Ariana Grande $ 72 million

Jonas Brothers $ 68.5 million

5. Chainsmokers $ 68 million

6. Ed Sheeran $ 64 million

Taylor Swift $ 63.5 million

8. Post Malone $ 60 million

9. Rolling Stones $ 59 million

10. Marshmello $ 56 million

11. Shawn Mendes $ 54.5 million

12. Jay-Z $ 53.5 million

13. Billie Eilish $ 53 million

14. BTS $ 50 million

Drake $ 49 million

Jennifer Lopez $ 47.5 million

17. Pink $ 47 million

18. Rihanna $ 46 million

19. Luke Bryan $ 45.5 million

20. Backstreet Boys $ 45 million

21. Phil Collins $ 45 million

22. Blake Shelton $ 43.5 million

23. Celine Dion $ 42 million

24. The Eagles $ 41 million

25. Metallica $ 40.5 million

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