Forbes’ 2017 report outlined the world’s 100 top-grossing celebrities, who collectively raked in $5.15 billion. Although various artists appeared at the very top of the list—Diddy notably occupied the #1 slot with $130 million—electronic artists too enjoyed representation on the list of the highest-paid personalities, with Calvin Harris then emerging as the highest earning DJ, boasting an income of $48.5 million. Tiësto and The Chainsmokers followed Harris with $39 million and $38 million, respectively.
In January 2018, Oxfam International released its annual inequality report, indicating that “In the US, it takes slightly over one working day for a CEO to earn what an ordinary worker makes in a year.” This claim would be the impetus for Magnetic Magazine to examine the income differentials between the world’s “top musicians and ordinary job workers.”
Magnetic enumerated the median annual salaries of five common jobs: truck drivers ($41,340/yr), elementary school teachers ($59,020/yr), registered nurses ($68,450/yr), real estate brokers ($79,340/yr), and software developers ($100,080/yr). Magnetic set out to determine “how long it would take the world’s best-paid musicians to earn annual salaries in these jobs,” and the mag’s findings, reflected in Magnetic’s infographic, prove astonishing.
Photo Credit: Magnetic Magazine
It would take Harris a little over seven hours to accumulate what a truck driver makes in a year, slightly over ten-hours to collect a teacher’s yearly salary, and just over 12 hours to match the yearly pay of a registered nurse.
Tiësto would garner a truck driver’s yearly salary in nine hours and 17 minutes, a teacher’s in 13 hours and 15 minutes, and a nurses’s in 15 hours and 22 minutes. Hardly far behind, The Chainsmokers would follow suit in nine hours and 32 minutes, 13 hours and 36 minutes, and 15 hours and 48 minutes, when it came to earning the equivalent of a truck driver, teacher, and nurse’s salary, individually, leaving presumably all readers of Magnetic’s report with one question: is it too late to learn how to DJ?
H/T: Magnetic Magazine