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- Jay-Z and Beyoncé were in the news for Jay-Z's criticism of the Grammy Awards for not awarding Beyoncé an Album of the Year trophy at the 2024 ceremony.
- Jay-Z is the richest musician in the world with a net worth of $2.5 billion, while other Grammy winners like Vladimir Horowitz, John Williams, Stevie Wonder, Pierre Boulez, and Chick Corea have also achieved great success and wealth.
- Beyoncé is the musician with the most Grammy Awards in history, with a total of 32 wins and an estimated net worth of $540 million.
In the 1950s, there were Oscars (Academy Awards) for achievements in film, Emmys for television's standout acts, and Tony Awards to acknowledge theatrical brilliance ... but there were no major awards to praise singers, musicians, songwriters, or composersgr.
On May 4, 1959, that all changed when the first Gramophone Award was bestowed; the name was later changed to the Grammy Awards we know today.
Updated, February 2024: Jay-Z and Beyoncé, two of the artists on this list, were in the news after the 2024 Grammys, due to comments Jay-Z made about the awards and Beyoncé as he accepted the Dr. Dre Global Impact Award.
Jay-Z (Shawn Corey Carter) in particular objected to the fact his wife had never been awarded a Grammy for "Album Of The Year."
In his remarks, Jay-Z said:
"I don’t want to embarrass this young lady, but she has more Grammys than everyone, and never won Album of the Year ... So even by your own metrics, that doesn’t work. Think about that. The most Grammys, never won Album of the Year. That doesn’t work."
Carter continued speaking, then added: "When I get nervous, I tell the truth":
The first Grammy Awards were held in two different locations simultaneously: the first venue was the Paris Hilton Hotel in Beverly Hills, and the second was the Park Sheraton Hotel in New York.
The first “Record Of The Year” and “Song Of The Year” at the Grammy Awards was the Italian song "Nel Blu Dipinto di Blu" (famously known as "Volare") by Domenico Modugno. The first "Album Of The Year" at the Grammys was The Music From Peter Gunn by Henry Mancini.
The inaugural Grammy ceremony was essentially a dinner event, but as music evolved, many genres emerged. The Grammy evolved too, and now, winning a Grammy is a dream for most musicians.
In this musical world, many stars have achieved the most prestigious musical award many times, gained huge popularity, and have become millionaires (and even billionaires).
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10 Jay-Z Bagged Dozens Of Grammys
Jay-Z's Estimated Net Worth: $2.5 Billion
Jay-Z (real name Shawn Corey Carter, with 24 Grammys to date) holds many records in the musical arena.
The Brooklyn rapper and mogul has sold over 140 million records in his career, making him one of the world's best-selling music artists.
The artist also known as "Hova" was also the first living solo rap artist inducted into the Rock And Roll Hall Of Fame and the first rapper included in the Songwriters Hall Of Fame.
Jay-Z along with his wife Beyoncé share the record for most Grammy nominations, with 88 each.
Total Grammy Nominations | 88 |
Total Grammy Wins | 24 |
Estimated Net Worth | $2.5 Billion |
Sources Of Income | Hip-Hop, Record Production, Liquor Ventures, Apparel Empire, Tech Company, Luxury Bar Chain |
Jay-Z is the richest musician in the world, and the first singer to become a billionaire. He is not only a great musician, but also a smart entrepreneur, and owner of many multi-million dollar businesses.
His Roc-Nation was valued at an estimated $140 million in 2023, while he sold his ownership in Rocawear for an estimated $200 million.
Jay-Z even managed to sell his music platform Tidal to Jack Dorsey's company Square for an estimated $302 million after spending less than $60 million to acquire the company.
It's unknown how much Jay-Z received from the 80 percent stake he sold in the company.
On February 4th (at the 2024 Grammys), Jay-Z received the Dr. Dre Global Impact Award.
9 Vladimir Horowitz Made Millions As A Classical Pianist
Vladimir Horowitz's Estimated Net Worth (At The Time Of His Death): $5 Million
Vladimir Horowitz spent his life serving the music industry as a classical pianist and is considered among the "Greatest Pianists of All Time."
The Russian-born American pianist won 25 Grammy Awards, and he was inducted into the "Grammy Hall Of Fame" in 1998.
Total Grammy Nominations | 45 |
Total Grammy Wins | 25 |
Estimated Net Worth | $5 Million |
Sources Of Income | Piano Performances, Mentorship, Documentaries, Contributions To Music, Public Service |
Horowitz earned his wealth through piano performances and piano mentorship.
His well-known students include Nico Kaufmann (1937), Byron Janis (1944–1948), Gary Graffman (1953–1955), Coleman Blumfield (1956–1958), Ronald Turini (1957–1963), Alexander Fiorillo (1960–1962), and Ivan Davis (1961–1962).
The symphony of the 86-year-old pianist's outstanding career concluded with his death on November 5th, 1989, in New York City.
8 John Williams Has Been Nominated For 73 Grammys (And Wins A Lot)
John Williams' Estimated Net Worth: $300 Million
John Williams is a true maestro who has achieved top honors in the fields of music, television, and movies.
He has won 25 Grammy Awards, and received 73 nominations. Not only did he conquer Hollywood's music scene, Williams has also been nominated for Oscars 53 times (with a total of five wins).
Additionally, he racked up six Emmy Award nominations and secured three wins.
Total Grammy Nominations | 73 |
Total Grammy Wins | 25 |
Estimated Net Worth | $300 Million |
Sources Of Income | Compositions, Piano Performances, Orchestra Conduction, Film Score Conduction, Real Estate |
In his seven-decades-long career, John Williams (who turns 92 in February) has composed remarkable pieces of music for films such as Star Wars, Indiana Jones, The Killers, Jaws, Schindler’s List, Catch Me If You Can, E.T: The Extra-Terrestrial, and many more.
In 1976, the 25-time Grammy winner bought a home for $170,000, and today, the home is worth $7 to $8 million.
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Stevie Wonder's Estimated Net Worth: $200 Million
At the age of just 13, Stevie Wonder was performing wonders; his song "Fingertips" reached the top position on the Billboard Hot 100, making him the youngest artist to achieve this feat.
In just three of the Grammy ceremonies he attended, Stevie Wonder won 15 awards, surpassing all other musicians in various musical categories.
Total Grammy Nominations | 74 |
Total Grammy Wins | 25 |
Estimated Net Worth | $200 Million |
Sources Of Income | Singing, Instrumentalism, Record Production, Real Estate |
The 25-time Grammy winner is also a successful real estate investor.
In 2009, he purchased a 4,511 square-foot Mediterranean estate for $2.4 million, and later sold it for $8.2 million.
In 2021, he acquired a 20,000-square-foot mansion for $14 million in Los Angeles; the home was purchased from the Saudi Royal family.
6 Pierre Boulez Won A Lifetime Achievement Award In 2015
Pierre Boulez's Estimated Net Worth (At The Time Of His Death): $5 Million
Pierre Boulez was the most important figure in post-war contemporary classical music.
His French compositions helped French youth escape the traumatic experience of war.
With 76 Grammy nominations and 26 Grammy wins, he became one of the world's most-awarded musicians.
In 2015, he was honored with a lifetime achievement award at the Grammys.
Total Grammy Nominations | 67 |
Total Grammy Wins | 26 |
Estimated Net Worth | $5 Million |
Sources Of Income | French Compositions, Music Direction, Orchestra Conduction, Writing, Teaching |
In his vast career spanning 60 years, Pierre Boulez directed various music videos, and he also conducted orchestras at renowned opera houses. Boulez also earned income from writing and teaching.
At the age of 91, the musical genius took his final bow on January 5th, 2015.
5 Chick Corea Is The Most Awarded Jazz Artist In Grammy History
Chick Corea's Estimated Net Worth (At The Time Of His Death): $5 Million
The Latin-style jazz piano stylings and arrangements of Chick Corea have won many hearts (and awards).
Chick Corea has also left behind a unique jazz legacy.
Corea won 27 Grammy Awards and several other accolades within the jazz music genre.
He was the only jazz artist to have received the most prestigious accolade 27 times as a jazz solo artist.
Total Grammy Nominations | 71 |
Total Grammy Wins | 27 |
Estimated Net Worth | $5 Million |
Sources Of Income | Piano, Keyboards, Band Lead, Compositions, Keytar, Jazz Piano, Film Score Compositions |
The American composer and pianist built his net worth through compositions and piano and keyboard performances. Correa was quite popular in Latin countries; he won four Latin Grammy Awards.
Sadly, the jazz music legend passed away on February 9th, 2021.
4 Alison Krauss Is The Female Country Artist With The Most Wins Of All-Time
Alison Krauss' Estimated Net Worth: $18 Million
Alison Krauss' musical story is like the fable of a princess who entered and conquered a world.
Country-genre music genius Alison Krauss has won 28 Grammy Awards and is the only female in the country field who has won this many awards at music's most prestigious event.
At just eight years old, Alison Krauss started to compete in local contests.
At the age of 14 she signed with Rounder Records, and at the age of 16, she released her first solo album, Too Late To Cry.
Total Grammy Nominations | 44 |
Total Grammy Wins | 27 |
Estimated Net Worth | $18 Million |
Sources Of Income | Singing, Record Production, Guitar, Songwriting, Acting, Composing, Violin |
The American bluegrass country singer began earning money very early on; in a career spanning over four decades, Krauss has proven to be a very talented guitarist, a masterful fiddle player, and a deft songwriter.
Additionally, she acted in numerous music videos, made guest appearances on TV shows, and worked as a voice artist on The Simpsons.
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Quincy Jones' Estimated Net Worth: $500 Million
In the 90 years of Quincy Jones' life, he has played music for 72 of them.
The legendary musical producer is a multi-talented artist, arranger, and producer in more than ten discrete fields of music.
Along with running Motown Records, Jones also composed 33 major motion picture scores.
Only 15 artists in the world have won Grammy Legend Awards, and Quincy Jones is one of them.
Total Grammy Nominations | 80 |
Total Grammy Wins | 28 |
Estimated Net Worth | $500 Million |
Sources Of Income | Musical Conducting, Record Production, Trumpet, Music Arranging, Television Production, Real Estate |
Quincy Jones has produced many major musical albums with legends like Ella Fitzgerald, Frank Sinatra, and Michael Jackson.
He produced the album Thriller by Michael Jackson, which sold 65 million copies ... which became the highest-selling album ever by a wide margin of more than 20 million sales, compared to second-place finisher AC/DC's Back In Black.
Jones is a multi-faced performer and businessman; he owns Qwest Records, and is the chair and CEO of Qwest Broadcasting, one of the largest minority-owned broadcasting companies in the United States.
He has also worked in TV, most notably as the man who brought Fresh Prince Of Bel-Air to the airwaves.
2 George Solti Founded The 'World Orchestra For Peace'
George Solti's Estimated Net Worth (At The Time Of His Death): $16 Million
George Solti was the person who had the most Grammy Awards for decades, a record that wasn't broken until 2023.
The Hungarian-British Orchestral and operatic conductor has won 31 Grammys in various categories. Solti is regarded as one of the greatest orchestra conductors of all time.
In 1995, he created the "World Orchestra For Peace" and assembled 81 musicians from 40 different countries.
Total Grammy Nominations | 74 |
Total Grammy Wins | 31 |
Estimated Net Worth | $16 Million |
Sources Of Income | Music Conduction, Music Direction |
George Solti has won several Grammy Awards for "Best Opera Recordings," as a conductor and a producer.
The second-place Grammy collector has also worked for opera companies in Munich, Frankfurt, and London. In the Chicago Symphony Orchestra, he served as a music director for a long time.
The orchestral maestro died in 1997 in Antibes, France, at the age of 85.
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Beyoncé's Estimated Net Worth: $540 Million
Beyoncé is the greatest musician ever, at least in terms of winning Grammy Awards. She is also without any doubt ranked among the greatest singers of all time.
In 2023, when she was on the stage to receive the "Album Of The Year" award for Renaissance, she also became the musician who has won the most Grammy Awards in the event's long history.
The American singer holds records for Grammy nominations in a single year for a female artist, and for the most Grammy Awards won in a single year by a female artist.
Total Grammy Nominations | 88 |
Total Grammy Wins | 32 |
Estimated Net Worth | $540 Million |
Sources Of Income | Singing, Acting, Film Production, Songwriting, Record Production, Television, Voice Acting, Investing |
While Queen Bey is married to the richest musician in the world (Jay-Z), she stands on her own as a smart and capable entrepreneur.
She owns Parkwood Entertainment, a multifaceted management company for movie and music productions and record labels, and invested in the technology company Tidal along with her husband.
Singing, acting, and voice acting are also major sources of income for Beyoncé.
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