Bruce Springsteen Is Now a Billionaire, Forbes Estimates (2024)

The Boss is officially a billionaire.

Bruce Springsteen, who, with songs like “Badlands,” “Hungry Heart” and “My Hometown” became rock ‘n’ roll’s voice of the working class, is now worth $1.1 billion, according to a “conservative” Forbes estimate.

Much of his net worth has been solidified in the past few years. In 2021, Springsteen sold his music catalog to Sony for an estimated $500-$550 million, marking the biggest transaction ever struck for a single artist’s body of work. Pollstar reported that in 2023, The Boss sold more than 1.6 million concert tickets, generating $380 million in revenue.

With more than 71 million albums sold in the U.S. and 140 million worldwide, Springsteen is among the bestselling music artists of all time. He’s won 20 Grammy Awards, an Oscar and a special Tony Award for “Springsteen on Broadway,” his critically acclaimed, stripped-back one-man show.

Popular on Variety

Springsteen grew up in a working-class family in a town on the Jersey Shore and bought his first guitar after watching the Beatles on “The Ed Sullivan Show.” He played in bands in high school and released his debut album in 1973, “Greetings From Asbury Park, N.J.” Singing about the thrills and traps of adolescence, young love and getting the hell out of New Jersey, Springsteen spawned hits like “Born to Run,” “Thunder Road,” “I’m on Fire” and “Dancing in the Dark.” He became a hero of the common man with lyrics about the trials of everyday life, and his commercial success and marathon concerts helped catapult him into one of the most important figures in American popular music.

Alongside the E Street Band, Springsteen is still touring the world and performing concerts that exceed runtimes of three hours. Reviewing his April 6 Los Angeles show, which had been postponed from 2023 due to Springsteen’s illness, Variety‘s Chris Willman wrote, “Its 200-minute running time was 40 minutes longer than most other sets of his lately, all of which already test and transcend what a guy in his early 70s who recently recovered from illness ought to be pulling off. … Springsteen has put on a tour that is the most bittersweet show on earth, until it finally settles for being the happiest, and occasionally even goofiest… and then turns heartbreaking again for the final encore.”

Bruce Springsteen Is Now a Billionaire, Forbes Estimates (2024)

FAQs

Bruce Springsteen Is Now a Billionaire, Forbes Estimates? ›

Bruce Springsteen Is Now an Estimated Billionaire After Music Catalog Sale. The Boss is now a billionaire. Forbes estimates Bruce Springsteen is worth $1.1 billion, which the outlet calls a “conservative” estimate.

Is Bruce Springsteen a billionaire now? ›

Bruce Springsteen is officially a billionaire, according to Forbes.

How did Bruce Springsteen become a billionaire? ›

The financial outlet reported Friday that most of Springsteen's net worth was accumulated in recent years with the 2021 sale of his music catalog to Sony for a reported $550 million. At the time, the transaction was the biggest ever sale of a single artist's body of work.

What is Bruce Springsteen's net worth in 2024? ›

UPDATED: July 22, 2024 at 11:35 a.m. The Boss can now be known as “the Billionaire” — Bruce Springsteen is the latest musician to achieve billionaire status. According to Forbes, the 74-year-old New Jersey native now has an estimated net worth of $1.1 billion.

How much is Bruce Springsteen worth today? ›

The Boss is officially a billionaire. Bruce Springsteen, who, with songs like “Badlands,” “Hungry Heart” and “My Hometown” became rock 'n' roll's voice of the working class, is now worth $1.1 billion, according to a “conservative” Forbes estimate. Much of his net worth has been solidified in the past few years.

Who is the most billionaire singer? ›

American rapper Jay-Z is the wealthiest music artist in the world, with Forbes estimating his net worth at $2.5 billion in 2024.

How much did Netflix pay Springsteen? ›

Netflix bought the rights to Mr. Springsteen's show for more than $20 million, according to people will knowledge of the deal. Terms of the service's deal with Ms.

What did Johnny Cash think of Bruce Springsteen? ›

According to Hilburn, “Cash loved the Springsteen songs for much the same reason he so admired Dylan' songs: their daring, compassion, and commentary. He also enjoyed being back in the creative center of pop and rock, the music of young America.

How much do Bruce Springsteen sell his catalog for? ›

Bruce Springsteen

The singer known for such hits as “Born to Run” and “Hungry Heart” sold his music catalog to Sony Music Group in late 2021 for an estimated $550 million, The New York Times reported.

How many acres is Bruce Springsteen's farm? ›

A 368-acre Colts Neck farm Bruce bought in May 1994, currently in use as his primary residence. Not to be confused with the house he rented from Oct 1981 to November 1983 at Swimming River Reservoir, also in Colts Neck.

Is Bruce Springsteen religious? ›

In 2012, Springsteen said that it was his Catholic upbringing rather than his political ideology that most influenced his music. He said his faith gave him a "very active spiritual life" but joked that this "made it very difficult sexually" and added "once a Catholic, always a Catholic".

How much is Madonna worth in 2024? ›

Madonna's Net Worth Expected To Reach Billionaire Club Thanks To Tour. As of 2023, Madonna's net worth is estimated to be around a whopping $850 million.

Who is the richest rock star in the world? ›

Paul McCartney claims the title of the richest rock star in the world with a worth of $1.2 Billion. We wouldn't expect any wild destruction stories from a legend like McCartney, but he did get busted with a bit of Mary Jane back in the 80s.

How much did Bruce Springsteen pay for his daughter's horse? ›

According to the Sun-Sentinel report, in July the Springsteens agreed to pay $650,000 along with trading a horse they owned, valued at $200,000, to acquire Pavarotti for their daughter, Jessica Springsteen, who competes in hunters. The Springsteens paid a deposit of $25,000.

How much does Bruce Springsteen make in one concert? ›

Bruce Springsteen's earnings

The income Bruce Springsteen and his E Street Band generate per performance is truly remarkable—a staggering $2.8 million for each show.

How much is Bruce Springsteen house worth? ›

The 6,000-square-foot Holmdel, New Jersey home where Springsteen lived for five years while recording "The River" and "The Heart Of Darkness" hit the market for $3.299 million this week, after listing previously as a $5,000/month rental.

Which singer just became a billionaire? ›

Taylor Swift joined Forbes' billionaire list earlier in 2024 when she was estimated at $1.3 billion. She was the first musician to reach the milestone solely from songwriting and performance, as more than $500 million of her fortune comes from music royalties and touring.

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