Last yr, MIDINation revealed a examine how shortly the world’s highest paid musicians made an common wage. The outcomes have been staggering, however not too surprising. For instance, Calvin Harris made the common truck driver’s wage in 2 hours and 43 minutes. This yr, MIDINation publishes a brand new version of the examine, and it appears like the richest musicians simply acquired richer.
The examine compares the richest musicians’ incomes to an common wage. Using knowledge from Forbes and Billboard for the musicians, the examine reveals how wealthy these artists actually are. The examine in contrast these artist incomes to 6 common salaries from the U.S. Bureau of Labor Statistics. Below are these salaries for comparability:
Minimum wage employees: $15,080/yr
Truck drivers: $33,450/yr
Construction employees: $42,480/yr
Registered nurses: $70,000/yr
Software builders: $103,560/yr
This yr, much less EDM artists ranked on the prime 30 checklist, however the outcomes nonetheless paint a transparent image. Going again to Calvin Harris, he made a yr’s price of minimal wage in two hours and 45 minutes. The Chainsmokers made an common building employee’s wage in simply six hours and 26 minutes. U2, the prime act on the checklist, made an common software program developer’s wage in 7 hours and 41 minutes.
The prime 25 musicians made a collective $1.65 billion in comparison with the $1.58 billion in 2017. It’s fairly surprising to see how a lot cash these artists make, however at the finish of the day… is it actually all that stunning?
To check out the full survey, head over to MIDINation to learn the full report. Below, check out a useful infographic.
Cover Photo: Rukes