Beatles legend Sir Paul McCartney was paid a fee of just £1 for performing at Danny Boyle's Olympic extravaganza.
Other artists such as Mike Oldfield, Dizzee Rascal and Emeli Sande are among others thought to have been paid the token figure.
Whilst the big names had originally agreed to play for free, the small sum was required to make their contracts binding.
This means the performers were paid less than one-twentieth of the cost of the cheapest ticket for the ceremony, as seat prices ranged up to £2,012.
Many of the dancers and actors who were contracted to take part were paid the professional rate, although the vast majority were volunteers who gave their services for free.
However, due to the great success of the compilation album, Isles of Wonder, recorded at the event many of the music acts will still make a lot of money.