Posted July 30, 2012

Paul McCartney paid $1.57 for Olympics’ Opening Ceremony performance

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Former Beatles star Paul McCartney was paid the equivalent of $1.57 for his performance at the Opening Ceremony. (Cameron Spencer/Getty Images)

Former Beatles star Paul McCartney was paid £1, the equivalent of $1.57, for his performance at the Opening Ceremony of the London Olympics, reports The Guardian.

McCartney and many of the other celebrities who performed in the ceremony had originally agreed to perform for free, but the £1 fee was needed to make their performance contracts binding.

McCartney should be able to make due without his normal fees. He is the world’s second-wealthiest rock star (behind U2′s Bono) with an estimated net worth of more than $1 billion.