Paul McCartney accepted a reduced fee to perform at the opening ceremony of the London Olympics—a whopping $1.57.
According to a report from RollingStone.com, the Beatles legend played the event for free, with the 1 pound fee serving only as a way to make his contract legally binding.
McCartney hit the stage at the event, produced by Slumdog Millionaire director Danny Boyle, for a performance of his classic track "Hey Jude." Sir Paul is estimated to be one of the world's wealthiest musicians, with a fortune somewhere in the neighborhood of $1 billion.
His performance wasn't the only hat-tip to the Beatles at the event, however, as the Arctic Monkeys offered up a rendition of "Come Together."
Fellow British performers Dizzee Rascal, Mike Oldfield and Emeli Sande also took the stage at the event.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.