22 Forbes’ Top-Earning Musicians of 2020
The year that the world took a pause, the streets went quiet, but the music played louder than ever. Thanks to the interwebs, our artists found ways to serenade us right in our jammies.
Let’s see who topped the Forbes list in the craziest year ever:
1. Kanye West
Age: 44
Earnings: $170 million
Kanye West, an artist known for his eclectic and varied music style, topped the list as the highest-paid musician of 2020. Beyond music, Kanye has also made a significant mark in the fashion industry, especially with his Yeezy brand. His ventures extend to his successful line of sneakers in collaboration with Adidas and a diversified portfolio, spanning from architecture to sustainable farming.
2. Elton John
Age: 74
Earnings: $81 million
Top Hits 2020: “(I’m Gonna) Love Me Again” from the 2019 biographical musical film “Rocketman”, along with his myriad of timeless classics, continued to enthrall audiences in 2020.
Sir Elton Hercules John, the British pop and rock sensation, has been enthralling audiences with his melodic tunes and flamboyant style since the 1960s. Known for his powerful performances and profound impact on the music industry, Elton John’s extensive discography includes timeless hits like “Rocket Man” and “Tiny Dancer.”
3. Ariana Grande
Age: 28
Earnings: $72 million
Top Hits 2020: “Stuck with U,” “Rain On Me,” and “Positions.”
Ariana Grande-Butera, known professionally as Ariana Grande, has emerged as one of the most influential figures in the pop genre. With her powerful vocals and signature high ponytail, Ariana has captivated millions with her music and presence. Her expansive range and ability to blend genres have resulted in numerous chart-topping hits and accolades, establishing her as a defining voice of her generation.
4. Ed Sheeran
Age: 30
Earnings: $64 million
Top Hits 2020: Although Ed took a break in 2020, his previous hits like “Shape of You” and “Perfect” continued to be fan favorites.
Edward Christopher Sheeran, known as Ed Sheeran, has achieved international acclaim for his heartfelt and melodic music.
5. Taylor Swift
Age: 31
Earnings: $63.5 million
Top Hits 2020: “Cardigan,” “The 1,” and “Exile.”
Taylor Swift, with her narrative songwriting and evolving sound, has been a constant presence in the music industry since her debut. In 2020, Taylor surprised fans with the release of her indie folk album “Folklore,” showcasing a new dimension to her musical repertoire. The album’s critical and commercial success reinforced her status as a versatile and influential artist in the music industry.
6. Post Malone
Age: 26
Earnings: $60 million
Top Hits 2020: “Circles,” “Wow,” and “Goodbyes.”
Austin Richard Post, known professionally as Post Malone, is renowned for his distinctive voice and ability to blend genres seamlessly. His music, a fusion of hip-hop, pop, and rock elements, has resonated with a diverse audience, earning him widespread recognition and acclaim.
7. Marshmello
Age: 29
Earnings: $56 million
Top Hits 2020: “Be Kind” with Halsey, and “Come & Go” with Juice WRLD.
Christopher Comstock, known professionally as Marshmello, is an electronic music producer and DJ known for his iconic marshmallow-shaped helmet and his hits that blend genres.
8. Shawn Mendes
Age: 23
Earnings: $54.5 million
Top Hits 2020: “Wonder” and “Monster” with Justin Bieber.
Shawn Mendes, the Canadian singer and songwriter, has captured the hearts of fans worldwide with his catchy tunes and charming persona. His collaborations and solo projects in 2020 further solidified his place in the music industry.
9. Jay-Z
Age: 51
Earnings: $53.5 million
Top Hits 2020: While Jay-Z didn’t release new music in 2020, his extensive catalog of hits continued to earn.
Shawn Corey Carter, better known by his stage name Jay-Z, is not only a rap icon but also a successful businessman with a diverse portfolio, including music streaming service Tidal, champagne brand Ace of Spades, and many more. Jay-Z’s influence extends beyond music, reflecting his savvy business acumen.
10. Billie Eilish
Age: 19
Earnings: $53 million
Top Hits 2020: “Therefore I Am,” “My Future,” and “No Time to Die.”
Billie Eilish Pirate Baird O’Connell, known as Billie Eilish, has become a global phenomenon with her haunting melodies and distinct style. Billie’s ability to convey complex emotions through her music has earned her critical acclaim and a dedicated fanbase, marking her as one of the most exciting new voices in the music industry.
11. Drake
Age: 34
Earnings: $49 million
Top Hits 2020: “Laugh Now Cry Later,” “Tootsie Slide,” and “Life Is Good.”
Aubrey Drake Graham, known universally as Drake, continued to be a dominant force in the music industry in 2020. His ability to produce chart-topping hits is unmatched, earning him the title of the “Streaming King.” Drake’s music, known for its catchy hooks and versatile style, appeals to a broad audience, and his continuous innovation keeps fans eagerly awaiting his next release.
12. Jennifer Lopez
Age: 52
Earnings: $47.5 million
Jennifer Lynn Lopez, or J.Lo, is a multifaceted artist known for her singing, acting, and dancing. In 2020, Jennifer maintained her status as an entertainment icon, balancing her music career with her acting projects and other ventures, showcasing her diverse talents and enduring appeal.
13. Pink
Age: 42
Earnings: $47 million
Top Hits 2020: Pink did not release new music in 2020 but her previous hits like “Love Me Anyway” and “Walk Me Home” continued to chart.
Alecia Beth Moore, known by her stage name Pink, is recognized for her powerful vocals and acrobatic performances. Pink’s music, a blend of pop and rock, is characterized by its raw and honest lyrics, earning her a dedicated fanbase.
14. Rihanna
Age: 33
Earnings: $46 million
Robyn Rihanna Fenty, universally known as Rihanna, is a multi-talented artist known for her musical hits and her successful ventures in the beauty and fashion industries. While she didn’t release new music in 2020, her impact was felt through her business endeavors, especially her inclusive Fenty Beauty line.
15. Luke Bryan
Age: 45
Earnings: $45.5 million
Top Hits 2020: “One Margarita,” “What She Wants Tonight,” and “Born Here Live Here Die Here.”
Thomas Luther “Luke” Bryan has been one of the leading figures in the country music scene for years.
16. Phil Collins
Age: 70
Earnings: $45 million
Phil Collins, the English drummer, singer, and songwriter, has been captivating audiences since the 1970s. His distinctive sound and impactful lyrics have earned him a place among the most influential musicians in the world.
17. Blake Shelton
Age: 45
Earnings: $43.5 million
Top Hits 2020: “Happy Anywhere” and “Nobody But You.”
Blake Tollison Shelton, the country music singer and television personality, has been a staple in the country music scene with his charm and relatable music.
18. Celine Dion
Age: 53
Earnings: $42 million
Céline Marie Claudette Dion, the Canadian singer known for her powerful vocals, has been a global icon since the 1980s. Her extensive catalog of hits, including the timeless “My Heart Will Go On,” has made her one of the best-selling artists in the world.
19. Travis Scott
Age: 29
Earnings: $39.5 million
Top Hits 2020: “The Scotts,” “Franchise,” and “Highest In The Room.”
Jacques Bermon Webster II, known professionally as Travis Scott, is a rapper, singer, and record producer known for his highly creative and innovative music and performances. His unique sound and artistic vision have established him as one of the most exciting and influential figures in the hip-hop genre.
20. Katy Perry
Age: 36
Earnings: $38.5 million
Top Hits 2020: “Daisies,” and “Never Worn White.”
Katheryn Elizabeth Hudson, known professionally as Katy Perry, is renowned for her colorful and theatrical performances and her catchy pop tunes.
21. Lady Gaga
Age: 35
Earnings: $38 million
Top Hits 2020: “Rain On Me” with Ariana Grande and “Stupid Love.”
Stefani Joanne Angelina Germanotta, known as Lady Gaga, is a multifaceted artist known for her music, acting, and unique fashion sense. Her innovative sound and theatrical performances have made her a global icon. In 2020, Lady Gaga released her album “Chromatica,” which showcased her musical evolution and continued influence in the music and fashion realms.
22. DJ Khaled
Age: 45
Earnings: $36.5 million
Top Hits 2020: “Popstar” and “Greece” featuring Drake.
Khaled Mohamed Khaled, known professionally as DJ Khaled, is a DJ, record producer, and media personality known for his catchy hits and charismatic persona. His ability to bring together diverse artists for collaborations has resulted in numerous chart-toppers.