[Jimmy] Buffett, who turned 62 on Christmas Day, long ago became an icon of certain baby boomers — perhaps the least-hip demographic in the country — by offering the dream of throwing off their responsibilities for his tropical-party vibe.
But in the past decade, this chronicler of Margaritaville has really cashed in on his image.
....With his estimated annual income of more than $40 million, you might mistake his portfolio for that of Warren Buffett (not a relative). He's done it by sailing beyond most musicians' ticket, T-shirt and poster revenue stream.
The title of his most popular song shows up on restaurants, clothing, booze and casinos. Among the products he's involved with are Landshark Lager, the Margaritaville and Cheeseburger in Paradise restaurant chains, clothing and footwear, household items and drink blenders.
The Margaritaville cafe on the Las Vegas strip is said to be the top-grossing restaurant in the nation.
....In October, Buffett was chosen by Vanity Fair as No. 97 on a list of the 100 most influential people. In the world. He's nestled between Universal Music Group CEO Doug Morris and anti-poverty crusader [Columbia economist] Jeffrey Sachs.