How much is Linda Ronstadt worth?
| Net Worth: | $125 Million |
|---|---|
| Profession: | Professional Singer |
| Date of Birth: | July 15, 1946 (age 76) |
| Country: | United States of America |
| Height: | 5 ft 2 in (1.58 m) |
About Linda Ronstadt
Linda Ronstadt is an American actress, musician, record producer, singer, and songwriter. She began her in the late 1960s and since then has won a ton of awards including twelve Grammys, three American Music Awards, two Academy of Country Awards, one Emmy, and one ALMA Award.
During her illustrious career, she has released 24 studio albums, one live and numerous compilation albums. In addition to this, she has released multiple number one hit singles that not only topped international charts but also received many gold, platinum, and silver certifications.
Linda Ronstadt became famous thanks to her performances and recordings in diverse genres such as country, light opera, rock, and Latin. She was born on July 15, 1946, in Tucson, Arizona, and developed an interest in music during her pre-adolescent years. Around that time, her father taught both her and her siblings how to play the guitar. Soon, united by their passion for music, when Ronstadt was a teenager, she also formed a trio with her brother and sister.
During her teen years, Linda met Bob Kimmel, a local folk musician. After she graduated from Catalina High School, she enrolled at the University of Arizona, however, she later dropped out and decided to move with Kimmel to Los Angeles to pursue a music career. In the mid-1960s, Ronstadt and Kimmel teamed with their friend Kenny Edwards.
The group was briefly known as “Stone Poneys” and they had instant success in the business. In January 1967, the folk trio released their self-titled debut studio album, which was met with positive reviews. The following year, after the release of their third album, the group was disbanded and Linda Ronstadt emerged as a solo star.
The multi-platinum recording artist became rich right after she left Stone Poneys and focused on her solo career. Singing a recording deal with Capitol Records further helped the young superstar who received a lot more television opportunities. In March 1969, Linda released her debut solo album titled Hand Sown…Home Grown.
Despite not being a commercial success with international accolades, the album helped Linda earn from sales and promotions. In the 1970s, with the release of her sophomore album, the charming singer was finally a successful artist.
By the mid-1970s, Linda Ronstadt became a sensation in the music industry. Her albums Heart Like a Wheel, Hasten Down the Wind, Simple Dreams, and Living in the USA all topped international album charts. Apart from the United States, the artist’s studio projects earned many platinum certifications in countries such as Australia, Canada, Hong Kong, and New Zealand.
What makes the superstar so successful are her truly incredible music skills. In the 1970s, she became the most successful female singer of the decade. Thanks to her wide popularity as a beloved concert artist, she was often considered the first true female rock and roll superstar who easily sold-out stadiums and arenas with her chart-topping studio albums. In the late years of the millennium, Linda continued to release gold and platinum-certified albums with both Asylum and Elektra Records, all of which had commercial and critical success.
At the peak of her career, besides touring all over the world, the singer and songwriter took part in multiple television productions. Her first appearance on a television show was in the 1968 “It’s Happening”. Since then, she appeared in many eminent shows such as The Johnny Cash Show, Cher, Saturday Night Live, and The Muppet Show. Because of her outstanding performance as an actress, her work in The Pirates of Penzance earned Ronstadt nominations for many prestigious awards, especially a Tony and Golden Globe Award for “Best Actress in a Musical”.
Ronstadt’s Total Net Worth
Linda Ronstadt has earned estimated total career income of $215 million dollars. As Ronstadt has lived in the states of Arizona and California and earned through some high federal income tax years, she will have had to pay around 49% in taxes on her career income. After tax, it is estimated that her career earnings are at around $109.65 million dollars, having paid $105.35 million dollars in taxes.
Linda Ronstadt is not married but has two adopted children, Mary and Carlos. Linda Ronstadt and her two children live in a 1928 Mediterranean-style house in Tucson, Arizona. She previously lived in an oceanfront mansion in Malibu which she sold for $16 million. She also has a property in San Francisco.
In her personal life she has likely spent $8-9 million dollars of her career earnings but also earned $25-30 million dollars from her investments. She will have also had to pay around $4-5 million dollars in business related costs. Therefore, it is estimated that Linda Ronstadt has a net worth of about $125 million dollars.
Summing-Up
As a recording artist, Linda Ronstadt is one of the greatest and best-selling artists in the world. In addition to lending her voice to over 120 albums, the superstar has also sold more than 100 million records. Thanks to her contribution to the entertainment business, especially the music industry, she has not only won multiple awards but also been inducted in a variety of hall of fames.
Nearly 50 years after she took over the world, in the early years of the new millennium, the rock sensation officially announced her retirement due to a degenerative condition that was later determined to be PSP (progressive supranuclear palsy). Since then, she continues to be an important figure in both the music and film industries.
