Paul McCartney is now a billionaire, Forbes reports

And most of his fortune doesn't come from touring

According to NME, its Billie newsletter puts his net worth at $1.4billion, which makes him the world's third richest musician.

At a reported $2billion, Taylor Swift tops the list, while Jay-Z is worth $2.8billion, Forbes revealed.

In comparison to the aforementioned artists, though, the major difference is that most of McCartney's fortune does not come from touring but from his own music.

Paul McCartney's Beatles catalogue and MPL Communications

McCartney's share of The Beatles' catalogue is credited at around $350million by Forbes.

Meanwhile, his company, MPL Communications, is worth hundreds of millions more, while it also controls Buddy Holly's catalogue and the rights to the musical Grease.

Paul McCartney's property, art and new music

The $1.4billion total covers more than music, as it includes McCartney's property in the UK and the Hamptons.

That total also counts his art collection, featuring works by Pablo Picasso and René Magritte.

The latest update comes months after he released The Boys of Dungeon Lane, his first solo album since 2020's McCartney III.

NME's review called the record "a guided tour of the long and winding road".

McCartney, however, has not commented on the figures.

How much is Paul McCartney worth?

His net worth stands at $1.4billion, according to Forbes.

Most of that comes from MPL Communications, his company, and his Beatles song catalogue.

Who are the world's richest musicians?

• Jay-Z – $2.8billion
• Taylor Swift – $2billion
• Paul McCartney – $1.4billion