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Who got rich from Spotify?

Unsurprisingly, Drake still holds the top spot with over $110 million in total earnings. Ariana Grande is the highest-earning female artist on Spotify, with BTS securing its position as the top-earning band.

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A rough calculation of the figures some of the most-streamed artists have earned on the music streaming platform to date. Last year we featured an infographic showing the total earnings of some of the most streamed artists on Spotify. This data from TopDollar was based on streams collected up until January 2021 by Kworb, however the actual total number of streams is quite different. At the time, TopDollar estimated that the most-streamed artists on Spotify, Drake, had pulled in a total of 21.5 billion streams. Using Digital Music News’ calculation that one stream earns an average of $0.0049, as well as Music Business Worldwide’s calculation that around half of the revenue goes to the artist, TopDollar ended up estimating Drake’s earnings at over $52 million. Kworb’s total number of streams is based on daily and weekly top 200 data from Spotify, which is actually significantly lower than the real figure. Using Digital Music News and Music Business Worldwide’s calculations (number of streams x 0.0049 / 2) and ChartMasters’ latest total streaming numbers of the top ten artists, we calculate the estimated total earnings of the highest earning artists on Spotify as it stand in May 2022. It should be noted, Digital Music News, Music Business Worldwide and ChartMasters’ figures are estimates. Spotify and other music streaming services do not pay artists a flat rate amount per stream, the split between artists and record labels (not to mention songwriters, managers, etc.) varies from artist to artist, and ChartMasters does not include featured streams in their “lead streams” statistics. Unsurprisingly, Drake still holds the top spot with over $110 million in total earnings. Ariana Grande is the highest-earning female artist on Spotify, with BTS securing its position as the top-earning band. Don’t forget, Spotify is just one source of revenue for artists. The highest earning artists in the world have multiple sources of income from other stores, licensing deals, business ventures, live shows, merch sales, etc.

1. Drake Total earnings: $114,408,982 Lead streams: 46,697,543,955

2. Bad Bunny Total earnings: $87,815,748 Lead streams: 35,843,162,498

3. Ed Sheeran Total earnings: $87,714,717 Lead streams: 35,801,925,406

4. The Weeknd Total earnings: $77,392,412 Lead streams: 31,588,739,684

5. Ariana Grande Total earnings: $75,188,623 Lead streams: 30,689,233,907

6. Justin Bieber Total earnings: $74,113,151 Lead streams: 30,250,265,777

7. Taylor Swift Total earnings: $70,689,103 Lead streams: 28,852,695,444

8. Eminem Total earnings: $69,502,608 Lead streams: 28,368,411,475

9. Post Malone Total earnings: $68,238,016 Lead streams: 27,852,251,588

10. BTS Total earnings: $62,587,992 Lead streams: 25,546,119,271

Fancy keeping a little more of the pie than a measly 50%? When you distribute your music through RouteNote for free you keep 85%, or even 100% when you choose our Premium distribution plan.

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