There has been much debate on Jay Z's launch of his new streaming service TIDAL. Not only has TIDAL's platform said to have been plagiarized from Spotify, but many are arguiging that the launch party was the most pompous event in the history of music. The Telegraph wrote “In a press conference conducted with the solemnity of a United Nations general assembly, the world’s richest music stars explained why we should all sign up to a service that will make them richer. And all for twice the price of Spotify.”
So just how much are these celebrities worth? CelebrityNetWorth figured out that the combined net worth of the 16 partners is a staggering $2.8 billion!
Jay-Z – $560 million
Beyonce – $450 million
Madonna – $800 million
Calvin Harris – $70 million
Chris Martin – $90 million
Rihanna – $140 million
Daft Punk – $136 million (combined)
Arcade Fire – $20 million (combined)
J. Cole – $8 million
Jack White – $45 million
Jason Aldean – $40 million
Kanye West – $130 million
Deadmau5 – $45 million
Alicia Keys – $50 million
Nicki Minaj – $50 million
Usher – $180 million
Combined net worth = $2.814 billion
So you may be wondering, how much will these artists make off of TIDAL? It was revealed that Jay Z's 15 partners will be gifted a 3% equity stake in TIDAL which is 45% of the entire company.
Whether you like or dislike TIDAL, the rich will only get richer.
Also Check Out: TIDAL Royalty Calculator