Bruce Springsteen Net Worth Reaches Billionaire Status
Bruce Springsteen‘s net worth has officially reached billionaire status, with his net worth accelerating in the past few years.
According to a recent estimate by Forbes, The Boss is net worth $1.1 billion, following a six-decade career that’s seen him release 21 studio albums, seven live albums, and five EPs, selling over 140 million albums globally.
In 2021, Springsteen sold his master recordings and publishing rights to Sony Music in a combined deal worth around $500 million. According to Billboard, the sale gave the company ownership of the musician’s entire back catalog, which at the time consisted of 20 studio albums, 300 songs, 7 EPs, 23 live records, and more.
Alongside selling his masters, Bruce Springsteen continues to generate income through new projects. This year alone, he’s embarked on a three-month European and UK tour, released a special edition 40th anniversary re-release of his 1984 album ‘Born In The U.S.A.’, and announced a new concert documentary.
Bruce Springsteen is one of a handful of legendary artists who have recently sold off their extensive catalogs, following in the footsteps of iconic musicians such as Bob Dylan, Stevie Nicks, and Neil Young.
Bob Dylan sold his music to Universal Music Publishing Group for $300 million. Neil Young made a deal with Hipgnosis Songs Fund, which bought 50 percent of the rights to his back catalog for an estimated $150 million.
Springsteen is wrapping up his UK and European tour and will play London’s Wembley Stadium on July 25 and July 26.
Springsteen’s forthcoming documentary Road Diary: Bruce Springsteen and The E Street Band, has been confirmed to release on Disney+ and Hulu in October, although a firm release date has yet to be announced. The concert film will focus on Springsteen’s ongoing tour.
Springsteen also recently became the first international Fellow of the Ivor Novello Academy, following in the footsteps of Elton John, Kate Bush, Annie Lennox, and Paul McCartney.
In his speech, the New Jersey rocker admitted
“while I was stone-cold born in the USA, at 16 I desperately yearned to be British”: “I had a pretty good fake British accent – that’s what the checkout girls at the local supermarket thought. But I have had a lot of wonderful history here.”
The night also saw Beatles legend and fellow music billionaire Paul McCartney jokingly roast him before introducing him to the stage, claiming: “He’s never worked a day in his life”.
