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Paul McCartney's net worth: Global search launched for musician's missing guitar valued at over $12M

Paul McCartney's missing bass guitar, which he purchased for $37 in 1961, may now be worth more than $12 million
PUBLISHED SEP 3, 2023
Paul McCartney often brought the guitar on stage from 1961 to 1963 until it vanished right before the band disbanded (Getty Images)
Paul McCartney often brought the guitar on stage from 1961 to 1963 until it vanished right before the band disbanded (Getty Images)
Full name  Sir James Paul McCartney
Date of birth June 18, 1942
Nationality British
Occupation  Songwriter and musician 
Wife Nancy Shevell (m. 2011), Heather Mills (m. 2002–2008), Linda McCartney (m. 1969–1998)
Children Stella McCartney, Beatrice McCartney, James McCartney, Heather McCartney, Mary McCartney
Eye color Hazel Brown 
Networth $1.2 billion (2023)
Height 5 f 11 in (1.8m)
Weight 180 pounds (68 kilograms)

LOS ANGELES, CALIFORNIA: Paul McCartney's missing bass guitar, which he purchased for £30 ($37) and may now be worth more than £10 million ($12.586 million), is the subject of an extensive international hunt. McCartney has a net worth of $1.2 billion, making him one of the wealthiest musicians of all time.

McCartney often brought the guitar on stage from 1961 to 1963 until it vanished right before the band disbanded, despite its low price when he got it in 1961. The instrument would go on to be a fixture in the growth of Beatlemania.

Where did Paul McCartney buy his missing guitar?

MIAMI, FL - JULY 07:  Paul McCartney performs in concert at American Airlines Arena on July 7, 2017
Paul McCartney performs in concert at American Airlines Arena on July 7, 2017 (Getty Images)

He purchased the guitar in Germany, while the Beatles were on tour in Hamburg. McCartney has said he "fell in love" with the instrument because of its shape, which made it appear more symmetrical while he played left-handed, as reported by Daily Mail.

It was last spotted just before McCartney, Ringo Starr, John Lennon, and George Harrison performed their final concert on the roof of their Savile Row headquarters in 1969.

Since then, McCartney, now 81, has been looking for his Hofner 500/1 electric bass guitar, which is styled like a violin.

Since the instrument has a long musical history and is now worth at least $12.5M, Hofner has intervened to assist the artist in his desperate hunt for it.

People from all around the world are being asked to assist in the search, which has been posted online with the hashtag "tracingthebass."

Throughout his career, McCartney has preferred Hofner basses. He has had four of them since 1961 and continues to play one that the German company gave him.

Why is Paul McCartney so rich?

CLEVELAND, OHIO - OCTOBER 30: Paul McCartney performs onstage during the 36th Annual Rock & Roll Hal
Paul McCartney has had four Hofners since 1961 (Getty Images)

Paul McCartney derives most of his fortune from royalties, album sales, and merchandise sales for the Beatles. He makes an estimated $100 million through these each year.

The legend also invests in numerous businesses, owns real estate worth $100 million, has a pricey automobile collection, and takes lavish holidays.

Who was Paul McCartney married to?

McCartney was in a much-publicized marriage with Heather Mills, which ended in divorce. The marriage came as a surprise to many because Mills was much younger than the former Beatles star. Nevertheless, the two appeared content initially.

McCartney was previously married to Linda McCartney. He is currently married to Nancy Shevell.

Linda, a talented musician and photographer, tragically died of breast cancer at the age of 56.

A few years later, it was revealed that some people had been misinformed about Paul's future marriage plans.

Paul McCartney and Heather Mills married on June 11, 2002, in a lavish ceremony at Castle Leslie in Ireland. Family, friends, and a number of well-known celebrities attended the wedding. The couple's first child was born the following year.

How much did Paul McCartney pay his ex?


 
 
 
 
 
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Concerns regarding the stability of McCartney and Mills' marriage were raised when reports suggested problems between the pair. After some time together, the two decided to break up, which ultimately cost McCartney a huge sum of money, as reported by The Things.

Paul McCartney and Heather Mills "agreed a divorce settlement worth nearly 25 million pounds (50 million dollars, 33 million euros)," according to France24.

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