Paul McCartney is a famous British musician with a net worth of $1.2 billion. McCartney is one of the most successful performers and composers in the history of popular music. He is perhaps best known for his time with The Beatles. His net worth makes him one of the world’s wealthiest musicians. Additionally, McCartney was successful as a solo performer and as the creator of the band Wings.
In the 1960s, McCartney and the Beatles exploded onto the scene and immediately sparked a frenzy. Throughout their decade together, the Beatles released 12 studio albums, 13 EPs, and 22 singles. In addition, they published twelve live albums, five compilation albums, and fifteen box sets. The vast majority of Beatles releases went platinum, if not platinum.
McCartney is one of the most successful musicians and composers in history. Yesterday has been covered by over 2,200 artists, making it one of the most covered songs in popular music history. He makes money nearly every time it is covered. Paul McCartney has been awarded eight Grammys. He has written or collaborated on 32 songs that have topped the Billboard Hot 100. He remains one of the highest-paid celebs year after year.
During his touring years, Paul easily earns between $50 and $70 million. Aside from touring years, he earns tens of millions of dollars a year in royalties and licensing payments from both his music and a very valuable portfolio of publishing copyrights from other artists through his publishing company MPL Communications. MPL is the owner of the copyright for songs by performers such as Buddy Holly, Carl Perkins, and countless others.
Early Years
Sir James Paul McCartney was born on June 18, 1942, and raised in Liverpool, England. Mary McCartney died of a cerebral embolism when Paul was 14 years old. James (or “Jim”), his father, was a trumpet player and pianist. The family owned a piano and Paul was encouraged to practice frequently.
On the keyboard, McCartney composed an early version of “When I’m 64,” which would later become “When I’m 64.” At the age of 14, McCartney composed his first song, “I Lost My Little Girl,” on an acoustic Zenith guitar.
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Personal Life
McCartney wed animal rights activist and photographer Linda Eastman (later Linda McCartney) in 1969; the couple had four children and stayed married until her passing in 1998. In 2002, he wed Heather Mills; they had a daughter, but they split in 2008. On October 9, 2011, Paul McCartney tied the knot with Nancy Shevell.
McCartney is well-known for his political and social engagement, including his advocacy for animal rights, opposition to landmines, and opposition to genetically engineered foods. He has been a vegetarian since 1975.
Bob Dylan introduced McCartney and the other Beatles to marijuana in 1964, after which McCartney became a regular and recreational user. His pro-marijuana stance has been made public over the years. Due to two minor drug offenses and fines for marijuana use and cultivation, he was continuously denied a visa by the United States government until 1973.
Throughout the 1970s and 1980s, he was arrested multiple times for possession of marijuana. In 1997, he declared his support for the drug’s decriminalization. During the recording of “Sgt. Pepper’s Lonely Hearts Club Band,” he often used cocaine and LSD, but he stopped shortly after the recording was completed.
The Beatles
At the age of fifteen, he met John Lennon and the Quarrymen and joined the band as a rhythm guitarist. In 1960, the band has renamed The Beatles. In 1962, Ringo Starr joined McCartney, Lennon, and George Harrison in the lineup.
By the beginning of 1964, the Beatles had ignited “Beatlemania” around the globe, dominated the U.S. and U.K. pop marketplaces, and set many sales records. McCartney and Lennon co-wrote several of their early singles, including “Love Me Do.” The Beatles are the best-selling music group of all time, with certified sales of over 183 million records in the United States and an estimated global sales volume of 600 million units.
They hold the record for the number-one albums on the UK Albums Chart, the number-one singles on the Billboard Hot 100, and the most singles sold in the UK. The Beatles were inducted into the Rock & Roll Hall of Fame in 1988, and between 1994 and 2015, all four principal members were inducted individually. The Beatles appeared in five major film pictures between 1964 and 1970.
McCartney performed on twelve studio albums between 1960 and 1970 and penned or co-authored some of the most popular songs in the history of pop music, including “Yesterday,” “Can’t Buy Me, Love,” and “I Want to Hold Your Hand.” In 1965, McCartney and the other Beatles were made Members of the Order of the British Empire by Queen Elizabeth II.
After their 1966 U.S. tour, the band performed its final commercial concert. The band’s final album to be recorded was “Abbey Road” in 1969. The Beatles then disbanded due to business disputes. On April 10, 1970, McCartney announced his resignation from the group. On December 31, 1970, a lawsuit was filed for the band’s formal breakup.
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Musical Genre
McCartney was influenced mostly by American rhythm and blues and Motown. He claims that Little Richard was his idol in elementary school. He was largely self-taught as a musician and learned various instruments, including bass, acoustic, and electric guitars, piano, and drums, over the years. In addition to being renowned for his vocal range and belting power, he has developed and employed a vast array of singing styles throughout his career.
Paul McCartney’s Current Net Worth
One of the wealthiest musicians, Paul McCartney has a net worth of over $1.2 billion. McCartney, best known as a member of the band The Beatles, has amassed a substantial fortune.
According to Celebritynetworth.com, McCartney’s touring income exceeds $50 million. When not on tour, he makes tens of millions of dollars a year in royalties and licensing payments from his music and a collection of publishing copyrights from other artists through his publishing company, MPL Communications.
McCartney owns nearly 25,000 copyrights, including the publishing rights to the musicals Guys and Dolls, A Chorus Line, Annie, and Grease, as well as the copyrights to songs by artists such as Buddy Holly, Carl Perkins, and others.
In exchange for contracting with EMI worldwide and Capitol in the United States, Canada, and Japan, McCartney obtained ownership of his solo library from EMI. When he joined Columbia Records in 1979, McCartney reportedly received the most lucrative recording contract to date.
What Was Paul Mccartney’s Biggest Hit?
Boring Love Songs
Wings’ “Silly Love Songs,” which topped the Hot 100 for five non-consecutive weeks in May, June, and July 1976, is Paul McCartney’s biggest Hot 100 hit. “Say Say Say,” his collaboration with Michael Jackson that topped the charts for six weeks in late 1983 and early 1984, is his second-best hit.