Bruce Springsteen has long been the rock and roll voice of the working class in America. His 1984 hit “Born in the USA” is still one of the most popular patriotic hits played today. While his music library is extensive, Springsteen also knows how to put on a good show. He just finished up a residency on Broadway, which was a smash hit and is now on tour through 2025. A few days ago, Forbes officially announced that the rock and roll legend is now a billionaire.
Bruce Springsteen Is Now A Billionaire
Forbes announced on Friday that they estimate the net worth of Bruce Springsteen to be $1.1 billion. The magazine noted this was a conservative estimate. His wealth has increased massively in the past three years. The “Dancing in the Dark” singer sold his entire music catalog to Sony in 2021 for an estimated $500 million. This included over 300 songs spanning over 20 albums. It was the largest deal ever for a music catalog, beating out the $300 million price for Bob Dylan’s work.
It isn’t just because of that deal. The 74-year-old star also is garnering crowds on tour. In 2023, he reportedly sold more than 1.6 million concern tickets which generated $380 million in revenue. His residency on Broadway probably came with a decent paycheck as well. Not many musicians have crossed this mark. Bruce Springsteen joins Rihanna, Jay-Z, and Taylor Swift as musicians to cross the billion-dollar mark.
Quite A Career
Bruce Springsteen has had one of the greatest careers in the music industry. His trophy case is likely getting full. He has won 20 Grammys as well as an Oscar for Best Original Song for Streets of Philadelphia from the film Philadelphia. Springsteen also won a Tony award for his one-man show on Broadway.
His music has always struck a chord with working-class people. Born in New Jersey to a working-class family, the “Jungleland” songwriter was able to relate to so many people. Many of his songs were hits because they connected to his audience so well. The aforementioned “Born in the USA” went 15 times platinum in the United States, making it one of the most popular songs of all time. However, he didn’t just make it on one hit. Over and over, he was able to churn out music that people wanted to listen to.
The best example of this? Bruce Springsteen would often put on marathon concerts that would last hours. In 2012, he played a concert in Helinski, Finland. He played for more than four hours for the concert attendees. Everyone got their money’s worth that night. His ability to connect with his audience is what makes him so popular.
Legacy
Bruce Springsteen isn’t done yet, but his legacy is already clear. He will go down as one of the greatest rock and roll musicians of all time. Hollywood recognizes him as a legend as there is a biopic film in the works starring “The Bear” star Jeremy Allen White, who is set to play Springsteen. No doubt many shows, movies, and mini-series will be made about the rock and roll legend.
Crossing a billion dollars is quite an accomplishment. True to form, Bruce Springsteen isn’t sitting back and relaxing with his pile of money. He is out touring and continuing to connect with fans from all over the world. Maybe after 2025, he will take some time to rest and enjoy himself.
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