How much is Bruce Springsteen worth?
| Net Worth: | $700 Million |
|---|---|
| Profession: | Professional Singer |
| Date of Birth: | September 23, 1949 (age 73) |
| Country: | United States of America |
| Height: | 5 ft 9 in (1.77 m) |
About Bruce Springsteen
Bruce Frederick Joseph Springsteen, born in New Jersey, (September 23, 1949) is an American singer, songwriter, and guitarist. When he is touring, it has been estimated that Springsteen can earn income equal to a salary of $70-80 million dollars per year.
He grew up in a modest family house in Long Branch, watching the gloomy destinies of his family and neighbors on the one hand, and the middle class and wealthier fellow citizens who realized the “American dream”. Trapped on the wrong side of that dream, Bruce, as a mere observer, felt the burden of the economic crisis and poverty.
In a strict Catholic school for boys, he proved to be a rebel when he was more interested in rock and roll than classical education. Young Bruce found himself in guitar and music that he constantly listened to on the radio: they were classics that would leave a deep mark in his musical formation — Elvis, Stones, Beatles, Eric Burdon, black soul performers, and, Roy Orbison.
The heroes of his songs are people from the American suburbs, faced with everyday existential problems. Their stories presented eloquently and romantically. Over time, Springsteen moved in his texts from depicting the lives of “wild” kids from the American suburbs to more serious sociopolitical topics, especially treating the problems of the American working class. His (anti) heroes exposed to a hard life and are often on the other side of the law.
Bruce Springsteen is one of the best American poets. He describes America from the second half of the last century – the collapse of the American dream and the then political scene. Springsteen was and remains the voice of the disappearing working class, before the onslaught of consumer society.
Springsteen was better known by the nickname “Boss”.
His musical-lyrical style is so unique, it built on the foundations of a tough upbringing, deep empathy, and the great State of New Jersey. Springsteen is considered one of the most beloved musicians, the richest, and famous public figures in America and the world.
Bruce Springsteen was the first guitarist of the band The Castiles, and later became the singer of the group. As a teenager, he played in many bands, in the style of garage rock, deep blues to hard rock. The Castiles existed until their performance in 1967 in Greenwich Village, after which the band ceased to exist.
Springsteen’s early works mark by his growing up and the eternal struggle to escape poverty and mediocrity. Songs from the first album Greetings from Asbury Park, N.J. (1973) were inspired by his father, who had a great influence on Bruce’s view of the world.
The tensions between father and son served as the motive for many of Bruce’s songs. The performance, scenes, and audience had an almost therapeutic effect.
Springsteen’s second album was not particularly popular with audiences at the time, but it was undoubtedly rich in complex lyrics and stories to tell. The song “Incident on 57th Street” stands out, which is a Latin American version of Romeo and Juliet that takes place in New York.
Springsteen’s next album was Born to Run (1975). The commercial success of the album launched him right into the stars, where he has always had a place. Springsteen’s approach to American myths and his ability to romanticize even the darker sides of life on this album came to the fore. The title song is a passionate love letter to the girl Wendy, but despite the cheerful rhythm and seemingly optimistic lyrics, those dark motifs of American cities for which Springsteen is famous still flow through it.
Springsteen released his fourth studio album, released in 1978. Darkness On The Edge of Town is an album from which much was expected after the dizzying success of Born To Run. Springsteen justified that trust. The brilliantly produced material hinted at Springsteen’s maturation and preoccupation with the lives of ordinary, small, alienated people.
The tour that lasted for almost a year, brought great earnings and popularity.
The next album, The River (1980), was Springsteen’s first album to climb to number one on Billboard’s charts. He moves away from youthful motives such as rebellion and approaches family stories and more mature topics.
With this double album with twenty new songs, Bruce merged his status as an exceptional rock artist, both in front of the audience and the critics. A world tour followed, and the boss finally accepted as a first-class world attraction.
The album Nebraska (1982) further emphasized the dark side of American life, the songs from this album forced the listeners to step into other people’s shoes and identify with those who barely survive.
Springsteen continued to look the darkness straight in the eye, even though it did not touch him and his loved ones, and he became the spokesman for the unhappy, the hungry, and the indignant. The album soon became golden. Springsteen, for a reason, took pride in songs from “Nebraska” that represent the pinnacle of his emotionality and sincerity.
The album Born in the U.S.A. (1984) elevated Bruce to the status of a definite superstar, and Springsteen himself remembers that it was a bit funny that he became a teenage idol at the age of thirty-five. The mammoth world tour lasted until October 1985, when it ended in Los Angeles with a concert in front of 80,000 visitors, and the total income was a fantastic ninety million dollars.
After such an earthquake that shook the territory of rock and roll, Bruce Springsteen released a six-time album with songs recorded live in the period 1975-85, and the box set quickly became a bestseller. Thus, Springsteen fans who did not see him live got the opportunity to feel part of the energy from his concerts. This release also marked the end of a tumultuous creative period for Bruce Springsteen.
The projects that followed were more appropriate for the author, aware of his values to a man approaching his forties. The album Tunnel of Love (1987) with a mature view of love was a kind of announcement of a break filled with family preoccupations, which was interrupted in 1992, with the release of two different albums — Human Touch and Lucky Town.
In 1995, Bruce released a new album Ghost Of Tom Joad where he returned to the defense of the poor.
On November 10, 1998, the same day it announced that Bruce Springsteen had been introduced to the Rock’n’Roll Hall of Fame, a set of 4 CDs called Tracks appeared. The public was allowed to get acquainted with 66 songs that once recorded in the studio but were never published.
In 2001, a live album from a New York concert released, which once again shows the mastery of the great boss.
After seven years of waiting, a new studio album called The Rising appeared on the market in 2002, in which Springsteen told his compatriots that they were not alone in their troubles.
The album Devils & Dust (2005) warned all those in positions of power not to send young people to senseless wars and not to make decisions based on fear and not on reason.
Magic (2007) continues in that spirit, and Working in a Dream (2009) is a somewhat less gloomy interpretation of the present and the future and demand for tolerance, love, and family values.
Wrecking Ball came out in 2012. Two years later, Springsteen tells us he has High Hopes. This album mainly comprised covers and new versions of songs written for previous albums.
Springsteen won 20 Grammys, two Golden Globes and an Oscar (for the song “Streets of Philadelphia”).
The story of Bruce Springsteen, a working-class hero, is still far from over. She began with an insecure, frightened boy from New Jersey, who wanted to escape his intended destiny and who watched with contempt as unjust differences in society destroyed the people he loved. That boy has come a long way to become what he is today, but he has never forgotten where he came from and he has never stopped fighting for those who failed to escape from that vicious circle of failure.
He believed that the system was wrong, not the people. Springsteen continues to give voice to his verses, to those no one wants to hear, and he will continue to do so as long as he breathes.
Can music change the world, you can easily answer the question “Can an $ 18 guitar change a boy’s life?” If the answer is no, then dismiss this whole story as a fairy tale. There is only one poet like Bruce Springsteen, who evokes misery and love for the whole world and who uniquely combines poetry and prose, but also that the world needs more people like The Boss.
Springsteen’s Total Net Worth
Bruce Springsteen has earned estimated total career income of $1.2 billion dollars. From 2010 to 2019, the Bruce Springsteen brand — his E Street Band concerts plus his glitzy Broadway run — earned more than $650 million dollars. In 2021, Bruce sold the masters and publishing rights to all his recorded music to Sony Music Group for $500 million.
As Springsteen has lived in the states of California and New Jersey and earned through high tax years in the 70s and the 80s, he will have had to pay around 52% in taxes on his career income. That is even after legal tax considerations that optimize the final effective rate. After tax, it is estimated that his career earnings are at around $576 million dollars, having paid $624 million dollars in taxes.
Bruce Springsteen married Julianne Phillips in 1985 and they divorced four years later, in 1989. Considering there were no children involved and it was at a time when Bruce’s earnings were not nearly as high as they were later in his career. It is estimated that Julianne received $4-5 million in spousal support.
Bruce Springsteen married Patti Scialfa in 1991 and they remain together. They have three children together, Evan James, Jessica and Sam Ryan Springsteen. In his personal life he has likely spent $6-7 million dollars of his career earnings, including personal losses. Springsteen has spent far less than many of his contemporaries and in his autobiography spoke about how “he’d never owned a new car in his life” but splurged money later in his career in the 2010s, however mostly on real estate property.
From his investments Springsteen has likely earned close to $160 million. He owns properties in New Jersey and California. In 1999, he purchased a $13.75 million dollars compound in Beverly Hills on for 4.5-acres of land. Today it is estimated that it may be worth north of $40-50 million.
He will have also had to pay around $8-9 million dollars in business related costs. Therefore, it is estimated that Bruce Springsteen has a net worth of about $700 million dollars.
Summing-Up
The future of rock and roll, Hero of the working class, Revolutionary, The Boss…, are just some of the titles awarded to Springsteen during his career, but none of them accurately defined the character and work of this hero. Too much in the past, for everyone to have a future, a working-class background, and a strong social consciousness, but also with millions of bank accounts. Too prone to twisting within his expression to become the impersonal idol of the masses, definitely the most energetic stadium artist of the 80s and the only boss. Springsteen was always his own
