Bruce Springsteen performs at TD Garden on March 20, 2023, in Boston.
Bruce Springsteen's net worth in 2024 is staggering, and despite being one of the wealthiest and most iconic musicians on the planet, he has no plans on retiring anytime soon.
"I can't imagine it," the singer, songwriter, author and Broadway fixture told Howard Stern in 2022 (via Variety). "I mean, if I got to a point where I was incapacitated or something … But up until then, I mean, look at Johnny Cash, Pete Seeger. I played with Pete Seeger in Washington, at Obama’s inauguration. Pete was 91 or 92, and he came out and sang ‘This Land Is Your Land.’ So I look at those guys … I don’t know if I’ll be doing three-hour shows [when I’m older]. But I have so many different kinds of music that I can play and do. The Broadway show, I can do the rest of my life, in one form or another, if I wanted to."
Here's hoping he does, because the music industry and the world are all the better for it. Find out Bruce Springsteen's net worth and how the working class hero he made it.
How did Bruce Springsteen become famous?
Springsteen was born and raised in Freehold, New Jersey. He bought his first guitar in 1964 after being inspired by seeing The Beatles on The Ed Sullivan Show. He briefly became the frontman of The Castiles, performing in and around New Jersey and New York City and recording two tracks together before disbanding.
In 1969, he joined the band Child, which later changed its name to Steel Mill, where he met future E Street Band members Steven Van Zandt, Danny Frederici and Vini Lopez. The group performed frequently in and around Asbury Park before dissolving in 1971, with Springsteen going on to form The Bruce Springsteen band.
Springsteen's prolific songwriting and storytelling lyricism caught the attention of music manager Mike Appel, who, along with Jim Cretecos, introduced Springsteen to John Hammond, a talent scout for Columbia Records. Springsteen auditioned for the label in 1972, and that October, his new band — later dubbed the E Street Band—whipped up his debut album, Greetings From Asbury Park, N.J. Clive Davis signed Springsteen to Columbia, and Greetings dropped in 1974 to critical acclaim, but slow sales. Springsteen's sophomore effort, The Wild, the Innocent & the E Street Shuffle, had the same trajectory despite containing many fan-favorite tracks, including "4th of July, Asbury Park (Sandy)" and "Rosalita (Come Out Tonight)."
Springsteen's third album, Born to Run, was released in August 1975, with the title track clocking in at No. 23 on the Billboard Hot 100. The album was a smash on rock radio, and Springsteen's reputation as a songwriter grew: His Greetings track "Blinded by the Light" hit No. 1 when Manfred Mann's Earth Band covered it in 1977. Indie icon Patti Smith had a smash his unreleased track "Because the Night" (later covered once more by 10,000 Maniacs) a year later, followed by the Pointer Sisters' hit with his "Fire" in 1979.
For all of his songwriting success, Springsteen didn't have a top 10 hit of his own until "Hungry Heart," which propelled his album The River to No. 1 on the Billboard Pop Albums chart in 1981. His mainstream success was cemented in 1984 with his album Born In the U.S.A., the title track of which was an ode to forgotten veterans of the Vietnam War and a criticism of American foreign and economic policies. Born in the U.S.A. sold 30 million copies worldwide and spawned seven top 10 singles.
What is Bruce Springsteen's net worth in 2024?
Bruce Springsteen's net worth in 2024 is estimated at a whopping $650 million, according to Celebrity Net Worth. He's humble about his wealth, telling Howard Stern (via Variety) in 2022, "I bumped into the luckiest job in the world, because they gave me a fortune for something I would’ve done for free."
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How much does Bruce Springsteen pay his band members?
Here's where "The Boss" nickname comes in: Springsteen famously divvied up all pay equally between himself and his beloved E Street Band for every show until 1999, when the group temporarily disbanded (reportedly with $2 million severance pay each from Springsteen himself). When they reunited, they each negotiated their own pay through their respective management teams.
Does Bruce Springsteen own a jet?
Springsteen flies privately frequently, often from Monmouth Airport in New Jersey, which is close to his hometown of Asbury Park. That said, it's unclear if he owns or rents his private aircraft.
Who owns Bruce Springsteen music?
As of December 2021, Sony Music owns Springsteen's entire catalog of music, spanning more than five decades.
"I am one artist who can truly say that when I signed with Columbia Records in 1972, I came to the right place," he said in a statement at the time. "During the last 50 years, the men and women of Sony Music have treated me with the greatest respect as an artist and as a person. I’m thrilled that my legacy will continue to be cared for by the Company and people I know and trust."
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How much did Bruce Springsteen sell his catalog for?
Springsteen sold his catalog for roughly $550 million, one of the biggest paydays ever for an artist, according to The New York Times. For comparison, Bob Dylan's songwriting catalog reportedly went for about $300 million to Universal Music Group.
How much does Bruce Springsteen make per concert?
Unofficial figures have Springsteen's earnings estimated at a whopping $2.8 million per show, which he divides equally among himself and the members of the E Street Band.