00:00Paul McCartney has become a billionaire with an estimated fortune of 1.25 billion euros,
00:06according to Forbes.
00:08The 84-year-old former Beatles is now the world's third richest musician, behind Jay-Z
00:13with 2.5 billion euros and Taylor Swift with 1.8 billion euros.
00:19Forbes says much of his wealth comes from his music catalog, tours, art collection and
00:24MPL Communications, the publishing company he founded in 1969.
00:29It manages right to his own work and other artists' music, including songs by Buddy Holly
00:34and Broadway Scores.
00:37McCartney also receives a share of earnings from the Beatles' Apple Corps.
00:42He remains active, releasing his 20th solo album, The Boys of Dungeon Lane, this year.
00:48It also earned him his first Mercury Prize nomination.
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