Forbes reported in its The Billie newsletter that Paul McCartney is worth $1.4 billion. If the figure is accurate, he is the world’s third-richest musician.
Taylor Swift, whose wealth is reported at $2 billion, and Jay-Z, at $2.8 billion, rank ahead of him.
Most of the 84-year-old musician’s wealth comes from his extensive music catalogue. His share of The Beatles’ catalogue alone is estimated to be worth around $350 million.
Forbes also factored in McCartney’s music company, MPL Communications, which is worth hundreds of millions of dollars. The company controls his solo catalogue and is responsible for the catalogue of Buddy Holly, several classic Christmas songs and the musical Grease.
The estimate also includes his property in the UK and the Hamptons, along with his collection of rare artworks, including pieces by Pablo Picasso and René Magritte. McCartney has not publicly commented on Forbes’ claims.