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.
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 spurned 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.”
Source : https://variety.com/2024/music/news/bruce-springsteen-billionaire-forbes-1236078180
