Steven Tyler Net Worth

How much is Steven Tyler worth?

Net Worth:$160 Million
Profession:Professional Singer
Date of Birth:March 26, 1948 (age 74)
Country:United States of America
Height:
5 ft 9 in (1.77 m)

About Steven Tyler

Steven Tyler, born Steven Victor Tallarico, is a musician, actor, and television personality, but he is mostly known for being the rockstar who led Aerosmith to stardom, and most recently, being a presenter on American Idol. At the height of his career, it is estimated that Steven Tyler earned income equal to a salary of $30-40 million dollars per year.

American singer Steven Tyler has an estimated net worth of $160 million dollars, as of 2023. He is known as the “Demon of Screamin'” because of his high screams and his wide vocal range.

With his major role in Aerosmith, his solo ventures, and his guest spots on other tracks that have become universally known, such as collaborations with Alice Cooper, Pink, Motley Crue, and Santana, Tyler has become a rock icon, and even in his 70s, still performs high energy shows. The most fame for the band came when Tyler featured on Run–D.M.C.’s version of Aerosmith’s classic “Walk This Way” in 1986. The song was multi genre and was if the heaviest parts of rock and hip hop had collided together.

The track had a huge hand in helping rap music find a mainstream audience, and it gave Aerosmith a second wave of success that was actually much bigger than the first wave. The track reached the number four on the Billboard Hot 100 track.

After the now iconic track, the years that followed saw Aerosmith become untouchable. Permanent Vacation, the band’s eighth album, is now a multi platinum record spawned a ton of chart topping hits, and it was promoted with a world tour in which Guns N’ Roses were the opening act.

After Permanent Vacation, each of the band’s following albums would outsell the last. The direct follow up, Pump, sold over seven million units, and even lead to the band earning their first Grammy Award win.

As this was the age of MTV, Aerosmith had saturated the channel, they appeared on so many shows and even recorded one of the very first episodes of MTV Unplugged, one of the most lauded live music television shows in history. MTV having and every household was well aware of Steven Tyler. He even appeared on Saturday Night Live alongside Mike Myers in a Wayne’s World sketch, a sketch that his since been voted the best ever moment on the show. band became an MTV sensation and Tyler became a household name.

In more recent years, he has been exposed to younger audiences after having numerous roles in movies and television, both acting and as cameos, but most notably when he became the judge of American Idol.

In 1991, the Aerosmith band signed the biggest deal of their careers thus far. Returning to their former label, Columbia, Tyler and the gang signed a record deal for $30 million. 10 albums is a landmark for any musician and so few ever come close to reaching, and if they ever do they are far past their prime and the album probably wouldn’t chart. However, Get a Grip, Aerosmith’s tenth album was released to huge fanfare.

While the album was not loved by critics, as it was criticized for being over produced and the band were questioned having not written all of the material themselves, it didn’t matter because commercially it was a whirlwind of success. The record has sold over 15 million units and produced five smash hits, including “Cryin’” and “Living On The Edge.”

They won even more Grammy Awards, and even MTV Video Music Awards, and American Music Awards for good measure. This gave Tyler more power and what came after was a behemoth of a live tour, in which the band traveled to almost 30 different countries and played over 240 shows.

It isn’t just music that has made Tyler’s fortune. His autobiography, Does The Noise In My Head bother You?, was a New York Times Best Seller, reaching number two on the chart. He has appeared on The Simpsons, Two and a Half Men, and other shows. And Tyler has signed endorsement deals with Burger King and Walmart, while even designing motorcycles. A passion of Tyler’s is motorcycles, and in 2007 he turned that passion in to a lucrative business by launched Dirico Motorcycles, in which he designs all the bikes for the company.

Thanks to Tyler’s eclectic voice, Tyler has been branded with the nickname, the “Demon of Screamin.” Tyler, along with the rest of the band, put on a show unlike any other, even now in to his 70s, he has more energy than bands in their 20s. His iconic acrobats and strange, colorful garments that he wears has become something of his trademark, and that is how has managed to create such a huge following.

To Tyler, age really is just a number and that number is not going to keep him from doing what he wants to do. It wasn’t until over forty years in to his career that he released his debut solo album, We’re All Somebody From Somewhere, In 2016. The material on the record was praised for being the most country rock sounding music of Tyler’s career.

Tyler and his band were one of the first bands to legitimately turn music videos in to something more theatrical, giving them narratives and moments where music isn’t even playing. The actors in the videos would even be up and coming A-list movie stars such as Jason London and Alicia Silverstone. This kind of approach is now a music video staple and you see it in even pop music videos by the likes of Lady GaGa to this day.

In the late 1990s Tyler made the best decision, both in terms of finance and success, in his life. He wrote the song “I Don’t Want To Miss A Thing” specifically for the movie Armageddon, directed by action movie auteur, Michael Bay. The song debuted at number one on the Billboard 200, and it was the first song written by a rock band to do so.

Tyler’s Total Net Worth

Steven Tyler has earned estimated total career income of $250 million dollars. As Tyler has lived between the states of New York, Massachusetts and California, and also earned through some high federal tax years, it is estimated that he has had to pay around 48% in taxes on his career income. After tax, it is estimated that his career earnings are at around $130 million dollars, having paid $120 million dollars in taxes.

Steven Tyler has four children and in his personal life he has likely spent $10-15 million dollars of his career earnings but also earned $50 million dollars from his investments. He will have also had to pay around $5-7 million dollars in business related costs. Therefore, it is estimated that Steven Tyler has a net worth of about $160 million dollars.

Summing-Up

Steven Tyler has been included in several greatest singers of all time lists and Aerosmith has been an active band for over 50 years without ever having taken a break. After being at the top of his game for close to 50 years, having a decent stint as a judge on one of the biggest music competition shows in the world, and staying relevant through movie soundtracks, Tyler is worth an estimated $160 million.

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