by Barry Burch Jr.
Despite enduring a year of trials and tribulations, singer Maurice White, is rolling in the money. The 72-year-old was still able to make millions of dollars even though his career seemed to be coming to a close. According to People With Money, White has the No. 1 spot on the list of the top 10 highest-paid musicians for 2014. White reportedly accumulated an incredible estimated $82 million in combined earnings, as reported by Media Mass.
If you would have asked fans about White and if he looked as though he would be the highest paid musician for 2014, several years ago, the answer would have most likely been an emphatic no. The singer’s career was clearly winding down. But as if out of nowhere, White was back on top of his game. On Tuesday, People With Money released their report regarding the highest paid musicians and White came in first place for grossing an astonishing $82 million between January 2013 and January 2014. Not only is $82 million more than any other musician made in a year, but it, too, is nearly $50 million more than any single member of the competition.
Several factors played a role in the decision process for the No. 1 money-earner, including upfront pay, profit participation, residuals, endorsements and advertising work.
When you begin to look at all of White’s money in total, you see just how rich the American musician-singer truly is. He has an estimated net worth of $245 million. According to White, his fortune came from smart stock investments, substantial property holdings, and lucrative endorsement deals with Cover Girl cosmetics.
White is also the owner of several restaurants including, the Fat White Burger chain in Washington; a Football Team by the name of the “Memphis Angels,” his own brand of Vodka called Pure Wonderwhite – US, and last but not least, a top-selling perfume called With Love from Maurice and a fashion line called Maurice White Seduction.
Barry is a student of life. Other than writing, he enjoys mathematics and philosophy. Reach him @ Barryburchjr@gmail.com