5. Elton John

Estimated net worth: $550 million

Elton John holds Rocket Man status not only in music, but in business too. His Farewell Yellow Brick Road tour wasn’t just a goodbye, it was a golden encore that earned him a fortune. It was one of the highest-grossing concert tours ever, pulling in over $400 million in revenue. Beyond the piano, Sir Elton’s empire includes a successful sunglasses line, high-profile fashion collaborations, and a treasure trove of film royalties - most famously from The Lion King.