Sir Paul McCartney was paid more than $1 million to perform at billionaire Ron Baron’s New York investment conference.
McCartney and Carrie Underwood, who also collected a large fee, headlined Baron Capital’s investors meeting at the Metropolitan Opera House Friday.
The stars played to 4,000 investors after a performance from the cast of “Show Boat,” including Vanessa Williams.
A source said, “It would have cost $2 million to get both McCartney and Underwood, and that’s before you’ve paid for their bands.”
While the artists’ reps declined to comment, a spokesman for Baron Capital said, “The entire event was paid for by Baron Capital. It was fabulous. Paul McCartney put on a great show. There was not one person sitting down in the whole place.” He declined to say how much the performers were paid.
Speakers at the conference, in its 23rd year, included CEOs who head up companies in Baron Funds’ portfolio. They included Edward Woodward from Manchester United, James Cashman from Ansys and Brookdale Senior Living’s T. Andrew Smith.