How much was Bing Crosby worth?
|Date of Birth:
|May 3, 1903 (aged 74)
|United States of America
|5 ft 6 in (1.7 m)
About Bing Crosby
Bing Crosby is the stage name of Harry Lillis Crosby Junior. He was an American actor, comedian, and singer that is known as the first multimedia star. He is recognized for influencing the development of the (postwar) recording industry. For well over two decades, Bing Crosby was a leader in the motion picture grosses, radio ratings, and record sales recording more than 1,600 songs and appearing in over 70 feature films.
At the height of his career, it is estimated that Crosby earned income equal to a salary of $9 million dollars per year.
He was one of the most popular and influential musical artists of the 20th century. He was a leader in record sales, radio ratings, and motion picture grosses from 1930 to 1954. After spending some time with The Three Harmony Aces and The Rhythm Boys, under the stage name Bing Cosby, he decided to venture into a solo career.
Bing Crosby became famous after he made his nationwide solo debut on the radio in the early 1930s. Harry was born in Tacoma, Washington on May 3, 1903. He’s the fourth of seven children to Harry and Catherine Crosby. He has three older and three younger siblings – Laurence Earl, Everett Nathaniel, Edward John, Catherine Cordella, Mary Rose, and George Robert. After attending the Gonzaga High School (now known as Gonzaga Prep), he received his diploma in the late months of 1920.
Right after high school, Crosby enrolled at the Gonzaga University. He attended the university for three years but didn’t receive a degree. Instead, he was granted an honorary doctorate in 1937. Presently, the university contains a large collection of correspondence and photographs of material that’s related to him. After leaving the university aside, in 1923, he was invited to join a music band that’s made by high-school students. He remained in the group only for a few months before moving to California where he seeking fame.
His nationwide radio debut came in September 1931. A few weeks later, he signed multi-year contracts with Brunswick and CBS Radio. Concurrently with doing weekly radio broadcasts that last 15 minutes, he also released several songs – “Out of Nowhere”, “At Your Command”, and “I Found Million Dollars Baby”, that helped him become a hit.
Also in the early 1930s, the singer turned actor signed a contract with Paramount Pictures. He first started out with somewhat successful comedies like Here Is My Heart, Anything Goes, and Pennies from Heaven. His film career continued to flourish in the next decade until it eventually reached its peak.
That decade, he began starring as a leading cast member of The Road to Singapore, the first of the acclaimed Road films set in different locations. In the movie business, it is estimated that Crosby earned around $35 million dollars.
Bing Crosby had become very successful by the time he launched his own popular radio show, and starred in box-office hits such as Going My Way. The 1944 musical drama not only marked his breakthrough film role but also earned him his first Academy Award in the category “Best Actor”.
Until the 1970s, he continued to take part in motion picture grosses like Holiday Inn, The Bells of St. Mary’s, White Christmas, and High Society. In addition to these, he also took part in many television series and landed his own series The Bing Crosby Show.
Simultaneously with acting on television, working as a radio superstar, the multimedia star continued to create music. Apart from playing major characters in various films, he also had his songs included in them.
From the first awarded Oscar in 1934 until 1960, he was able to introduce fourteen songs that received nominations for an Academy Award. Four of them, “Sweet Leilani”, “White Christmas”, “Swinging on a Star”, and “In the Cool, Cool of the Evening” were able to win the awards for the multitalented singer.
At the time of his death in 1977, Bing Crosby’s net worth was an estimated $40 million dollars. To this day, his record to introduce fourteen nominated songs (including four wins) for Oscars remains unmatched.
Crosby’s Total Net Worth
Bing Crosby earned estimated total career income of $100 million dollars. As Crosby lived in the state of California and earned during a time when federal taxes were high, he will have had to pay around 70% in taxes on his career income. After tax, it is estimated that his career earnings were $30 million dollars, having paid $70 million dollars in taxes.
Bing Crosby married twice and divorced once. He married actress Dixie Lee Bing between the years of 1930–1952, and later, actress Kathryn Crosby in 1957 and they remained together until his death in 1977. Bing had seven children.
In his personal life he had likely spent $5-7 million dollars of his career earnings, including alimony, but also earned $15-18 million dollars from his investments. He will have also had to pay around $1 million dollars in business costs. Therefore, it is estimated that Bing Crosby has a net worth of about $40 million dollars.
Bing Crosby is one of the most popular American entertainers of all time that has not one but three stars on the Hollywood Walk of Fame. In addition to these, he’s also the recipient of many other awards, including five Photoplay, one Academy, one Golden Globe, and one Peabody.
Ever since his rise to stardom, this multimedia star excelled in movies, radio, and television all at the same time and during his tremendous career that lasted six decades.