Music Gear News

At Gear4music.com we update our news channel daily to ensure you always get the latest and most important music news.

U2 World's Highest Paid Musicians

U2 have been named the World's Highest Paid Musicians, grossing $195 million in the last 12 months
Great deals on musical instruments

U2 have been named the World's Highest Paid Musicians.

The 'With or Without You' topped the poll by Forbes magazine - which counted down the highest grossing acts of the last 12 months - earning a phenomenal $195 million on their 360 degree world tour. The tour this year surpassed The Rolling Stones' A Bigger Bang' 2005 to 2007 tour in revenue, breaking its $558 million barrier. The tour is expected to gross over $700 million in total.

The 360 Degree show is staged on a spectacular scale, with The Edge saying: "We're actually at the limit, the absolute limit, when you consider the economics and the practicality of transportation. We're really as big as we could ever get."

In second place on the list is another touring band, Bon Jovi, who took some $125 million during their The Circle Tour in the last year. Sir Elton John - another artist who was touring, but did not release an album in the last year - came third on the list, grossing $100 million for various shows around the world.

In fourth place was Lady Gaga - who was in the midst of her huge The Monster Ball tour - and despite grossing $170 million in the last year, at one point said she had gone broke as she waited for payments to come in.

She said: "I put everything in the show, and I actually went bankrupt after the first extension of the Monster Ball. And it was funny because I didn't know!

"And I remember I called everybody and said, "Why is everyone saying I have no money? This is ridiculous, I have five No. 1 singles" - and they said, 'Well, you're $3m in debt'."

In fifth position is Michael Buble, who enjoyed a lucrative year of touring, radio play and strong album sales to make $70 million.

Forbes Magazine's World's Highest Paid Musicians, top ten:

1. U2 ($195 million)

2. Bon Jovi ($125 million)

3. Sir Elton John ($100 million)

4. Lady Gaga ($90 million)

5. Michael Buble ($70 million)

6. Sir Paul McCartney ($67 million)

7. The Black Eyed Peas ($61 million)

8. The Eagles ($60 million)

9. Justin Bieber ($53 million)

10. Dave Matthews Band ($51 million)

Posted on 17 Jun 2011 16:15 to category : Music News

Related Music News

thumbnail

With an increased quality of specifications right across the board, Apple's eponymous 'iPad' will host a whole generous selection of great new features.

22 Mar 2017 15:09
thumbnail

Supported by the likes of Ed Sheeran, Royal Blood, Wolf Alice and many more, Fanfair Alliances new educational guide is available for free download online.

21 Mar 2017 15:25
thumbnail

Aiming to provide equal educational opportunities for children across the U.K, NYMAZ outline the importance of technology in today's learning environment.

10 Mar 2017 12:22
thumbnail

Suffering from a shortage of funds in recent years, the Welsh educational system has experienced a slump in students who are expressing interest in music.

14 Feb 2017 13:19
thumbnail

Suffering an undisclosed illness, Hetfield takes things slow until his return to Denmark in September where he will "do their best to make it up to everyone".

6 Feb 2017 15:27
thumbnail

The band return to the studio to "make a bunch of racket" in a prelude to writing material for their next project. Recently interviewed bassist Mike Inez gives the lowdown.

27 Jan 2017 16:06

Recent Music News

thumbnail

Also available are sE Electronic's Brand New X1 S Vocal Pack and X1 S Studio Bundle, helping you attain that studio grade sound without breaking a sweat.

29 Mar 2017 13:08
thumbnail

With a slew of new reinterpretations and familiar faces to boot,KORG unveil the latest releases for this years Musikmesse in Frankfurt Germany.

29 Mar 2017 05:10
thumbnail

Delivered by Choreographer and Theater Director Arlene Phillips, The Bacc For the Future campaign has acquired support of over 100 hundred influential figures

28 Mar 2017 12:28
thumbnail

Melding tradition with modern manufacturing techniques, Tanglewood's Sundance Performance Pro Series offer the player unique tone with a distinctive personality.

27 Mar 2017 13:24
thumbnail

In a three week celebration extravaganza, the city of Liverpool will be paying testament to the legendary Beatles album 'Sgt. Pepper's Lonely Hearts Club Band'

24 Mar 2017 14:48
thumbnail

On the 22nd of April, Pink Floyd will be releasing an unheard version of the iconic classic 'Interstellar Overdrive' in celebration of world record day

23 Mar 2017 15:29