Hitmaker Max Martin Made $19 Million Last Year, a 22% Increase Over 2015

Max Martin
Latour/Variety/REX/Shutterstock

Max Martin is the 99th richest person in his native Sweden and it’s no wonder. According to Stockholm-based newspaper Expressen, Martin’s corporate entity reported income of around $54 million (436 million SEK) in 2016 for his production and writing services, and profited $19 million personally.

Related

Max Martin Daniel Ek

Producer Max Martin, Spotify’s Daniel Ek Tackle Gender Equality: ‘Stop Talking, Start Doing’

The Swedish daily reports that it constitutes a 22% increase over his earnings the previous year. Among Martin’s recent credits are No. 1 hits by Taylor Swift (“Bad Blood,” “Blank Space”), The Weeknd (“Can’t Feel My Face”), and Justin Timberlake (“Can’t Stop the Feeling!”). In addition, Martin, whose real name is Martin Sandberg, has worked on songs for Katy Perry, Ariana Grande, the Backstreet Boys, and Britney Spears. Typically, publishing can take up to 18 months to pay out, whereas production fees are usually tendered at the completion of a project.

According to the most recent tally by Swedish business magazine Veckans Afffärer, Max Martin’s net worth is estimated to be in the vicinity of 2.1 billion SEK, or $260 million.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Marketplace

    Leave a Reply

    No Comments

    Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

    Fill in your details below or click an icon to log in:

    WordPress.com Logo

    You are commenting using your WordPress.com account. Log Out / Change )

    Twitter picture

    You are commenting using your Twitter account. Log Out / Change )

    Facebook photo

    You are commenting using your Facebook account. Log Out / Change )

    Google+ photo

    You are commenting using your Google+ account. Log Out / Change )

    Connecting to %s

    More Music News from Variety

    Loading