The Net Worth of the Most Famous Guitarists

by Frederik Nielsen, Feb 24, 2020 . 3 min read

The Net Worth of the Most Famous Guitarists

Despite what many people will tell you, you can earn more than decent money as a relatively unknown, professional guitarist. There are many ways to make money:

According to research, an average guitarist in the United States earns roughly 67k per year. The number varies from state to state, but it’s relatively the same. Nonetheless, the fact is, you can earn more than decent living as a guitarist.

Of course, you can also hit it big, become a worldwide celebrity, and make millions. That’s what happened to the guys from our list. Today, we’re going to look at the four richest guitarists in the world and see how they earned their fortune.

Guitarist #4: Keith Richards

Net Worth: $330 million

Achievements: The fourth spot on our list goes to the founding member of the Rolling Stones and one of the most famous guitarists on Earth. Keith Richards is one of the rare musicians that made most of his money off music. In addition to Stones’ royalties, Richards also earned money through producing for other artists, such as Aretha Franklin.

Fun Fact: Keith got his first guitar from his grandfather. The catch is, his grandpa didn’t buy a new guitar for his grandson. According to Richards, he showed him the one he had on his wall and told him he’d teach him how to play it once he grows enough to get it off.

Guitarist #3: Dave Evans (The Edge)

Net Worth: $340 million

Achievements: Dave, more commonly known as the Edge of U2, is known for his minimal playing style. He’s worked on every U2 album since the start. Aside from playing with Bono, The Edge made money producing for an artist like Tina Turner and Johnny Cash, scoring movies, and stage plays.

Fun Fact: Evans got his nickname from Bono, while they were still in school. He got his nickname thanks to his peculiarly-shaped skull.

Guitarist #2: Jimmy Buffet

Net Worth: $410 million

Achievements: Mr. Buffet started his career as a country singer before becoming the “beach bum” people know and love today. Although he has dozens of hits under his belt – which he both recorded and produced for others – he made a large part of his fortune by touring non-stop since the early 1970s.

Fun Fact: The Grateful Dead has Deadheads, ICP has Juggalos, and Jimmy Buffet has Parrot Heads. The term was coined in 1985, at a Cincinnati concert when one of Buffet’s band members noticed that everyone at a concert was wearing a colorful Hawaiian shirt.

Guitarist #1: Paul McCartney

Net Worth: $1.2 billion

Achievements: It’s not a surprise that one of the Beatles is at the top of the list. Paul shares the majority of the writing credits of the Beatles’ catalog with Lennon. Their records are still best sellers, even half-a-century after they were recorded so just imagine the royalties Paul received over the years.

Fun Fact: Back in 1979, the Guinness Book of World Records crowned Paul the “most successful songwriter of all time.” He still holds numerous other records including most number-one singles by a songwriter, most UK chart singles by a songwriter, and first live concert broadcasted to space.

In Summary

Those are the four richest guitar players on the globe. Are you a fan of these guys? Will the list stay the same for the next few years or will it change? Make sure to comment below and share your opinion.


Get our free Alternate Tunings Guide!

Check out some other similar articles

Multitasking. For some people, doing more than one thing on an expert level is nothing more than a myth. However, multitasking does exist, although you need hours and hours of practice to become good at it.

Frederik Nielsen
Mar 16, 2020 . 3 min read

Although women by no means are under-represented in the music industry, female instrumentalists are not quite as common as we’d like them to be –

Frederik Nielsen
Mar 8, 2020 . 4 min read

A list of musicians who died before the age of 30 would be too long to write. Even going through all of the members of the infamous “27 Club” would take ages.

Frederik Nielsen
Mar 4, 2020 . 3 min read

While most people are not sure if they have one genuine talent, some people are much luckier. 

Tamara Habchi
Mar 3, 2020 . 4 min read

In most cases, parents are proud when their kids reach a developmental milestone ahead of their peers.

Tamara Habchi
Mar 2, 2020 . 4 min read

There are enough obstacles to making it in the music industry. Succeeding with a disability is nothing short of a miracle. But it’s not impossible.

Frederik Nielsen
Feb 25, 2020 . 4 min read

People who speak more than one language are impressive to all of us. And musicians that play more than one instrument are even more impressive.

Frederik Nielsen
Feb 25, 2020 . 4 min read

Music magazines weren’t so kind to electric guitars over the past decade. Sales were down and it seemed like the guitar market would never recover.

Frederik Nielsen
Feb 18, 2020 . 4 min read

When you think of the ukulele, you probably think about a tropical, Hawaiian beach with lots of sunlight. But people from all over the world have fallen in love with ukulele.

Frederik Nielsen
Feb 18, 2020 . 5 min read

The second month of the year comes with a lot of celebrations. We have the Presidents’ Day, there’s also Valentine’s Day, plus all of the birthdays of amazing people we look up to.

Frederik Nielsen
Feb 17, 2020 . 3 min read

We’ve rounded up the most expensive guitars in history. Part of their value lies in the fact that they were used by some of the most famous rockstars around.

Frederik Nielsen
Feb 14, 2020 . 3 min read

Guitars come in all sizes and shapes, but they’re all equally beautiful. That said, it helps to know the difference between them if you’re looking for your next instrument.

Frederik Nielsen
Feb 10, 2020 . 3 min read

So you’ve been splashing the cash at the local music store and want to know how to set up a new guitar? Well, you’ve come to the right place.

Frederik Nielsen
Feb 10, 2020 . 3 min read

There has been a lot of talk about the death of rock music. Maybe you’ve heard it too and begun to wonder if it’s time to hang up your Fender for good.

Frederik Nielsen
Feb 3, 2020 . 3 min read

New year, New reviews? But wait, before we officially welcome 2020, let’s look back at some of our favorite reviews of 2019.

Tamara Habchi
Jan 8, 2020 . 4 min read

In this edition of Roadie Spotlight, we’re checking out the Japanese guitar virtuoso ichika [sic] who has taken the Internet by storm with his amazing skills.

Frederik Nielsen
Dec 31, 2019 . 3 min read

Not all stars are plastered across social media. Some manage to create a buzz without resorting to self-aggrandizing promotion techniques. 

Frederik Nielsen
Dec 24, 2019 . 3 min read

We’re almost at the end of 2019 and thought we’d round off the year with more spotlights on great guitarists that we come across online.

Frederik Nielsen
Dec 20, 2019 . 3 min read

Annie Plays Guitar is a name that has popped up on social media for the past few years. We’ve had a listen to Annie Wagstaff’s music and also looked at her new project HANNIE in this edition of Roadie Spotlight.

Frederik Nielsen
Dec 16, 2019 . 3 min read

15 years ago, the guitar world lost a legend. On December 8th 2004, a crazed fan killed Dimebag Darrell onstage.

Alec Plowman
Dec 8, 2019 . 4 min read
We'll be bringing you recommended tabs and plenty of interesting quotes from guitar legends along the way!