Bruce Springsteen Dismisses Forbes' $1.1 Billion Net Worth Claim: "Not a Billionaire"
Bruce Springsteen and E Street Band
Photo Credit: Dena Flows / CC by 3.0
Bruce Springsteen has directly refuted Forbes' estimation of his billionaire status, stating "I'm not a billionaire... they got that real wrong." This contradicts Forbes' July 2024 report that valued his net worth at $1.1 billion.
Forbes' estimate included:
- $500 million catalog sale to Sony in 2021
- Sales from 21 studio albums, 7 live albums, and 5 EPs
- Revenue from 236 Broadway performances
- $380 million from his 2023 world tour (1.6 million tickets sold)
Springsteen attributes his non-billionaire status to:
- Significant compensation for the E Street Band members
- Investment in properties
- Personal spending on "superfluous things"
The legendary musician emphasizes prioritizing artistic integrity and fair compensation for his band over wealth accumulation. "If you get the art right, the music right, and the band right, you go out and play every night like it's your last night on Earth," Springsteen explained at a recent London documentary screening.
A biopic about Springsteen's life, starring Jeremy Allen White, is scheduled for release in 2025.
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