Billionaire Paul McCartney grew up ‘poor’ and was raised by a cotton salesman in Liverpool—now, he’s the third richest musician in the world

Paul McCartney, the former Beatles member, is now the third-richest musician in the world with a net worth of $1.4 billion, according to the article. He attributed his outlook to a working-class upbringing in Liverpool, where he was raised by a cotton salesman and described his family as “poor.” The ranking underscores how legacy catalog rights and decades of touring have made pop music one of the most lucrative corners of entertainment wealth. McCartney’s comments reflect a broader trend of artists monetizing their back catalogs, a market that has drawn major investors in recent years.