Paul McCartney is now officially a billionaire and the world’s third wealthiest musician

Paul McCartney is officially a billionaire, and also the world’s third wealthiest musician, according to a new report.

• READ MORE: Paul McCartney interviewed: “Writing a song is still a magic feeling for me, and hopefully always will be”

Forbes detailed that the Beatles icon was now worth over 10-figures in The Billie newsletter – claiming that he has a net worth of $1.4billion.

If the figure is accurate, it makes him the third richest musician in the world, just behind Taylor Swift who is worth a reported $2billion, and Jay-Z who has a net worth of $2.8billion.

The majority of the 84-year old’s wealth is down to his extensive catalogue of music, with his share of The Beatles’ music being worth around $350million alone. Forbes has also taken his MPL Communications music company into account too, which is worth hundreds of millions.

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The company not only controls his solo catalogue, but is also responsible for the catalogue of Buddy Holly, some classic Christmas songs like ‘The Christmas Song (Chestnuts Roasting On An Open Fire)’ and ‘It’s Beginning To Look a Lot Like Christmas’, and the musical Grease.

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Outside of music, his real estate across the UK and the Hamptons is accounted for in the $1.4billion summary, as is all of the rare artwork he collects, including pieces by Pablo Picasso and René Magritte.

McCartney has not publicly commented on the claims made by Forbes.

In other Paul McCartney news, the rock veteran dropped his latest solo album ‘The Boys of Dungeon Lane’ back in May – his first since 2020’s ‘McCartney III’. On the album he joined forces with Ringo Starr once again, and the record was also Macca’s first to be shortlisted for a Mercury Prize.

NME gave ‘The Boys Of Dungeon Lane’ a four-star review, and described it as “a guided tour of the long and winding road”. Ahead of the album’s release, McCartney sat down with NME to look forwards and back on his extraordinary career, share his “excitement” at contributing to the new The Rolling Stones album, and also reveal if he has plans to retire.

Since then, the musician has released a Special Edition of the record, which features four new songs including a reimagined version of ‘Home To Us’, and also thrown his full support behind the upcoming Sam Mendes Beatles biopics, but said that there is one small issue that made him reach out to the director.

The films in question are the four-movie biopic series slated for a simultaneous release in April 2028. They will star Paul Mescal as McCartney, Harris Dickinson as John Lennon, Joseph Quinn as George Harrison, and Barry Keoghan as Starr. Each of the four films will tell the story of the band from a different member’s point of view, and mark the first scripted Beatles movies made with the full approval of Apple Corps and the surviving band members, as well as access to the group’s music rights.