UPDATE: Forbes says Madonna is NOT a billionaire…yet. (The original story continues below).
The NY Post is reporting that Madonna has now moved into the billion dollar club. WWD had long reported her net worth to be around $700 million, but her recent MDNA tour and a string of successful business ventures has pushed her over the top.
Jump in to see a list of her recent successes and how much money they’ve brought her.
Unsurprisingly, Madonna leads all other musicians when it comes to money. Now, Billboard’s list only takes into consideration the money an artist earns directly from their music (digital music sales, physical music sales, touring) and not an artist’s other projects (merchandising, clothing lines, perfume, etc). If this was taken into consideration, Madonna’s tally would be around $100 million, which is pretty normal for her during a touring year.
Interestingly, Billboard points out, that 93.5% of her music earning total comes from touring (as opposed to physical and digital sales). This is the case with most artists on the list (touring is where the money’s at).
One big exception is Adele. Ah, yes, Adele. Her two-year old album ’21′ is still finding new fans and has so-far sold a now unheard of 4 million physical units in the U.S. Billboard points out that Adele does this without any touring or any kind of promotion for that matter. Adele ranks #11 on the list. Bruce Springsteen is #2.
P.S.- Billboard made such a cheesy graphic of Madonna on a $100 bill, I just had to post it.
Jump in to see Madonna’s tally as well as a link to the entire top 40 list.
In conversation with Dior Homme’s Kris Van Assche. SSENSE
CBS takes whatever fun there was left out of the Grammys. WOW Report
Madonna to auction off MDNA items for Hurricane Sandy charity. MadonnaTribe
Beck covers Bowie. Pitchfork
La Roux announces 3 UK “warm-up shows”. Stereoboard
‘Can The Concert Industry Survive After Mick Jagger & Madonna Retire?’ The Hollywood Reporter
George Lucas is now the 2nd largest shareholder of Disney stock. The Wrap
Trending: Chanel Matte Black Nail Polish. Amazon
Cinnamon Vanilla Almond Butter Banana Pops. Primally Inspired
Björk cancels her Kickstarter. OMG Blog
Bradford Cox and DIIV perform at ‘Youth Museum’ at MoMA PS1. Pitchfork
Michael Jackson wheatpaste. Conejo Rojo
$33.7 million Jeff Koons sculpture at Wynn Las Vegas. Wynn
Keep your eye on the BRIC countries. Big Think
Björk and Belle & Sebastian are headlining the Pitchfork Music Festival. Oh, and…R. Kelly? THR
Angel Haze opens for…Cat Power? Vice
Frank Ocean’s ‘Channel Orange’ goes gold. Digital Spy
The smartest marketing moment of the Super Bowl. WOW Report
More people watched the Madonna half-time show than this year’s show. Duh. MadonnaTribe
Hatchet-wielding homeless hero. DListed
One of the best parts of Madonna’s MDNA tour was the backdrop videos. They were produced by the French Canadian company, Moment Factory, who also directed Madonna’s video for ‘Gimme All Ur Luvin”.
I particularly liked the opening shots of the cathedral (they made a flat image really feel dimensional and architectural), the black-on-black images for ‘Revolver’, and perhaps the best were the most simple: the geometric shapes for ‘Celebration’ that closed the show. My only issue with the stage/videos for MDNA was that everything was so front-facing. What about us bitches on the sides?
Watch the video, via MadonnaTribe, showing some behind-the-scenes action over at Moment Factory. What was your favorite video from the tour?
It would certainly make sense if Madonna decided to extend her MDNA Tour. In fact, I would be quite surprised if she didn’t. It was easily the highest grossing tour of 2012 and all shows that have been reported so far have been sell-outs. So why leave money on the table, especially if there’s still major markets like Japan and Australia to cover?
Additionally, if we think back all way to