ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NET WORTH

Rock N’ Roll Icon Bruce Springsteen's $650 Million Net Worth Is Beyond Spectacular

Springsteen accrued his riches through earnings from songwriting royalties, album purchases and proceeds generated from touring alongside the E Street Band.
UPDATED JAN 5, 2024
Cover Image Source:  Chris Jackson/Getty Images
Cover Image Source: Chris Jackson/Getty Images
Name Bruce Springsteen
Net Worth $650 Million
Salary $80 Million
Gender Male 
DOB Sep 23, 1949 
Age 73 Years
Nationality American
Profession Singer-songwriter, musician, producer

Bruce Springsteen boasts a net worth of $650 million. With a career spanning numerous decades, he has risen to prominence both as a solo performer and as the frontman of the E Street Band, according to Celebrity Net Worth. The legendary musician, singer, and songwriter, Bruce Springsteen's concerts at Citizens Bank Park in Philadelphia this month were recently canceled owing to his ill health.


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Bruce Springsteen (@springsteen)


 

While not among the world's richest, he often features on lists of the 10 wealthiest musicians. 

Image Source: Will Russell/Getty Images
Image Source: Will Russell/Getty Images

Bruce Springsteen accrued his riches through earnings from songwriting royalties, album purchases, and proceeds generated from touring alongside the E Street Band. With a tally of 12 top 10 hits and over 30 million records sold, he recently capitalized on his musical catalog, selling it for a substantial $500 million.

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

Bruce Springsteen, the renowned American rock musician, has an impressive musical portfolio, including 21 studio albums, 23 live albums, 77 singles, and 66 music videos. Often called "The Boss" by the media, he has sold over 150 million records worldwide, making him one of the best-selling music artists ever. Billboard ranks him as the 24th Greatest Artist of all time.

In the United States alone, Springsteen has sold 65.5 million albums, securing him the 7th spot among the best-selling male soloists, as per the Recording Industry Association of America. His album "Born in the U.S.A." remains his highest-selling, with over 30 million copies sold globally.

Image Source: Clayton Call/Redferns/Getty Images
Image Source: Clayton Call/Redferns/Getty Images

Fans have expressed discontent over ticket prices to Springsteen's concerts, and the price fluctuations can be attributed to fees, ticket reselling, and changing venue rates in response to demand. Tickets to witness the rock n' roll icon's performance can range from $50 to upwards of $750 per ticket or even more. On average, ticket prices settle at around $150 per admission.

Image Source: Jamie McCarthy/Getty Images
Image Source: Jamie McCarthy/Getty Images

Similar to many prominent rock icons, Springsteen dedicates a portion of his earnings to luxurious automobiles. Among his cherished vehicles are a 1969 Camaro S.S. Convertible, a 1963 Chevy Stingray, and the highly sought-after 1960 C1 Corvette Convertible. Adding to his remarkable assemblage are a Ford F-100 pickup and a Chevrolet Bel Air Coupe.

Bruce owns an impressive real estate portfolio, mainly in New Jersey's Monmouth County. His main property is a 384-acre horse farm in Colts Neck. In 1999, Bruce and Patti purchased a 4.5-acre compound in Beverly Hills for $13.75 million, featuring a 10,000-square-foot main mansion and a 7,500-square-foot secondary home. Around 2015, they quietly considered selling it for $60-70 million due to a neighboring mansion project that could impact their view. This neighboring project was a contentious 60,000-square-foot mansion proposed by a relative of the late King Abdullah of Saudi Arabia.

Image Source:  Ebet Roberts/Redferns/Getty Images
Image Source: Ebet Roberts/Redferns/Getty Images
Net Worth in 2023 $650 Million
Net Worth in 2022 $650 Million
Net Worth in 2021 $600 Million
Net Worth in 2020 $570 Million
Net Worth in 2019 $540 Million
Instagram 1.5 Million Followers
Facebook 6 Million Followers
Twitter 1.3 Million Followers

Born on September 23, 1949, in Long Branch, New Jersey, Bruce Springsteen grew up in Freehold, New Jersey, with two younger sisters. His Catholic upbringing at St. Rose of Lima Catholic School had a strong influence on his music. Inspired by Elvis Presley on "The Ed Sullivan Show" at age seven, Springsteen's passion for music ignited.

A motorcycle accident at 17 led to a concussion, exempting him from the U.S. draft and the Vietnam War. Springsteen married actress Julianne Phillips in 1985 but divorced in 1989 due to touring strains. His relationship with Patti Scialfa, a fellow musician he toured with, began soon after and they married in 1991, having three children.

In his autobiography "Born to Run," released this month, Bruce Springsteen discusses his ongoing battle with depression. The nearly 67-year-old musician, with a family history of mental illness and a challenging relationship with his father, began seeing a psychotherapist in the early 1980s.

Springsteen has successfully managed his depression over the years through a combination of anti-depressants and continuous therapy. However, he acknowledges that depression is a persistent challenge, comparing it to a car where different versions of oneself are inside, emphasizing the importance of who is in control.

He shares that some of his toughest bouts occurred between the ages of 61 to 62 and 63 to 64, describing these periods as "crushed." Fortunately, his wife plays a crucial role in his support system, recognizing signs of escalating depression and ensuring he seeks professional help when needed.

Bruce Springsteen is recovering from a stomach condition called peptic ulcer disease, which caused him to postpone some performances earlier this year. Steven Van Zandt, from The Boss's E Street Band, revealed at the Rock & Roll Hall of Fame induction ceremony that they were surprised by the extent of Springsteen's illness and the pain he endured during at least five shows.

Despite the challenges, Springsteen powered through the pain, possibly fueled by the audience's energy, and fans considered these shows to be the best they had ever seen. The good news is that Springsteen is now doing well, and the band plans to return to the stage stronger than ever in March. Peptic ulcer disease affects about 4 million people worldwide each year, but it can be treated with medicines.

Springsteen's career has been adorned with a remarkable array of awards, firmly cementing his status as a true icon in the world of music and entertainment. Among his numerous achievements, Springsteen has won 20 Grammy Awards, four American Music Awards, two Golden Globe Awards, and an Academy Award.



 

FAQs

How did Bruce Springsteen make his money?

He is one of the best-selling musicians in history, having sold more than 150 million albums globally.

What is Bruce Springsteen’s ethnicity?

Springsteen’s ethnic background includes Italian, Irish, and Dutch ancestry. 

Where is Bruce Springsteen from?

Bruce Springsteen is from Long Branch, New Jersey, USA. 

Is Bruce Springsteen a grandfather?

Yes, Bruce is now a granddad to Lily Harper Springsteen. 

Did Bruce Springsteen go to the Vietnam War?

At 19, Bruce Springsteen dodged the Vietnam War draft after failing the physical exam, attributed to a prior motorcycle accident concussion and his behavior during induction.

Does Bruce Springsteen wear a hearing aid?

Bruce Springsteen has admitted to wearing a hearing aid at times. 

What is the monthly income of Bruce Springsteen?

Springsteen's annual earnings possibly surpass $80 million. 

How many records has Bruce Springsteen sold?

Springsteen has sold over 150 million records worldwide, listing him among the best-selling music artists in history. 

How does Bruce Springsteen maintain his physical fitness?

Aside from his healthy eating habits, Springsteen stays fit with regular long-distance running, jogging, and a mix of weight training exercises like push-ups and sit-ups. Yoga is also part of his routine.

POPULAR ON MARKET REALIST
MORE ON MARKET REALIST