Is Dolly Parton a billionaire? Due to the fact that Dolly Parton net worth of a reported $650 million, she is not a billionaire. However, it has been speculated that the singer could have achieved billionaire status if she were not so generous with her money, constantly investing in many philanthropic endeavors. ‘Jolene’ definitely can’t take anything from Dolly! Dolly Parton‘s net worth shows just how prolific her career has been and how many fans she has amassed. Parton is not just famous for her classic country hits. The singer is also known for her philanthropic nature when it comes to her immense fortune Dolly Parton’s net worth is so high for a number of reasons. The first is because she has been working as a country artist since the 1960s and has had a whopping 41 top-10 country albums as well as 25 No. 1 singles. As a solo artist, she has sold over 100 million albums, and this is not counting her success with duets, nor the success that songs she has written for other artists have achieved. For instance, Whitney Houston’s cover of “I Will Always Love You” is said to have earned Parton $20 million alone. It is the bestselling single by a female artist of all time.