Bruce Springsteen Is Officially A “Billionaire”
Image via acriticofeverything.files.wordpress.com
Bruce Springsteen has officially joined the ranks of billionaires, with Forbes estimating his net worth at $1.1 billion. This remarkable milestone reflects his successful career and recent financial ventures.
In December 2021, Springsteen made a substantial deal with Sony Music and Sony Music Publishing, selling both his music masters and publishing rights for approximately $500 million. This deal marked one of the largest transactions in the music industry, underscoring the immense value of Springsteen’s extensive catalog and his enduring career over the decades.
Springsteen’s financial success has been further bolstered by his touring activities. Since February of last year, the Boss has been on the road. Despite some controversy over ticket prices and postponed shows, his concert tours have generated around $380 million in revenue, according to Variety. His European tours to Prague, Marseille, and Milan were all rescheduled next year from May to June.
In addition to his touring success, the musical legend recently achieved a new career milestone by appearing on the Billboard Hot Country Songs chart for the first time. He was featured on Zach Bryan’s track “Sandpaper,” showcasing his versatility across different musical genres.
Paul McCartney Hits Billionaire Status Alongside Springsteen
Springsteen is not alone in his billionaire status among musicians. Paul McCartney, another music legend, reached this financial milestone earlier in the year, becoming the first billionaire musician in the U.K. McCartney’s ascent to billionaire status was significantly aided by recent developments, including the release of the Beatles’ “final” song, “Now and Then,” in 2023. Additionally, Beyoncé’s cover of the Beatles’ classic “Blackbird” on her latest album contributed to McCartney’s financial success.
Springsteen’s remarkable musical achievements highlight the enduring value and impact of his music over the decades. It also reflects the iconic artist’s ability to adapt and thrive in the evolving music industry.
