The Boss Joins the Billionaire Club
It is no secret that singer-songwriter Bruce Springsteen is one of the most popular musicians of all time. Now, he’s one of the richest too. He can credit it to his massive career and his frugal spending habits. Reportedly, when he first started making good money in the 1980s, instead of blowing it on the latest cars and biggest house, he rented a ranch house and used furniture he found on the streets.
He later admitted that he was having trouble dealing with his success and newfound financial security. He felt separated from the people he grew up around and didn’t want to show off his money. Many years later, at 74 years old, Springsteen is still touring, making music and just reached an estimated $1.1 billion net worth.
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So, what does Springsteen credit his success to? He said, “I was into crafting an identity that was very, very personal to me as a man. I wanted to connect that identity with the very big picture of the country at large…So I needed people who were going to be willing to go in as deep as I needed and was willing to go myself.”
Remind He grew up in New Jersey to working-class parents and grandparents and never lost sight of where he came from. It wasn’t always easy and he didn’t become a famous star right away. In the ’60s, he played with various bands and eventually released his debut album with his E Street Band in 1973.
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Of course, part of his money comes from an epic sale. He sold his music catalog to Sony in 2021 for $500 million. In 2023, his world tour generated $380 million in revenue and he is showing no signs of slowing down.
70s Pop Idols
May 2019
The biggest and best from the worlds of rock and disco!
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