Bruce Springsteen Net Worth: How Much Did Bruce Sell His Royalties For?

Bruce Springsteen Net Worth: Bruce Springsteen is a prolific American singer, songwriter, guitarist, and recording artist. He became famous for his unique and innovative style of songwriting.

His songwriting skills attracted both listeners and those working in the music business. Most of his songs reflect his political beliefs and his working-class roots in New Jersey.

He is a positive thinker who is moved by the stories of ordinary people and who attributes greatness to the struggles of working-class Americans. He may not be religious himself, but he recognises the impact his Catholic upbringing has had on his work.

As a musician, he is widely regarded as a national treasure. His finest work is the platinum-selling CD “Born in the USA.” Springsteen’s “Born to Run” is widely regarded as a classic rock album and one of the best of all time.

The album’s first single addressed the harsh treatment of Vietnam veterans, including those of his buddies who served there. Bruce Springsteen’s career as a rock star can be traced back to Born in the USA and Born to Run. Bruce Springsteen net worth is $650 million.

Bruce Springsteen Net Worth
Bruce Springsteen Net Worth

Bruce Springsteen Early Life

Bruce Frederick Joseph Springsteen, the son of Douglas Frederick and Adele Ann Springsteen, was born on September 23, 1949, in New Jersey, United States of America. After seeing Elvis Presley on “The Ed Sullivan Show,” he knew he wanted to pursue music as a career.

Seeing his potential, his mother encouraged him. He dropped $18.95 on his first guitar in 1964 and never looked back. He was dubbed “Boss” because he was in charge of collecting the band’s nightly pay and divvying it among the members of the band. You may also read Miranda Lambert’s Net Worth

Bruce Springsteen Career

Songwriter Bruce Springsteen credits his mother, who gifted him a $60 Kent guitar in 1964, for sparking the idea for “The Wish.” Soon, he was a member of several other bands. Known music reviewer for the “San Francisco Examiner,” Philip Elwood, praised him as “the most wonderful composer” in 1970.

He started trying to form bands in the 1970s, but all of his efforts ultimately failed. Two years later, he caught the attention of Mike Appel, Jim Cretecos, and John Hammond, all of whom worked together to get him a record deal with “Columbia Records.”

In an interview with “Crawdaddy” magazine’s editor in 1973, Peter Knobler remarked, “He sings with a freshness and immediacy I haven’t heard.” Bruce Springsteen is the future of rock and roll, according to Boston music critic Jon Landau, who saw him perform at the Harvard Square Theater in 1974.

Beginning their 1975 performance at New York’s “Bottom Line Club,” Springsteen and the “E Street Band” captivated audiences everywhere. Thanks to its massive impact, the event was named by “Rolling Stone” as “One of the 50 Moments That Changed Rock and Roll.”

His 1975 third album, “Born to Run,” was another factor in his meteoric rise to fame. On the Billboard 200, it peaked at position #3. Only world leaders have before shared the covers of “Time” and “Newsweek” at the same time.

Due to a legal battle with his former manager Mike Appel, he spent over a year away from the studio in 1977. “Born in the USA” was a Top 10 album that year, selling 45 million copies worldwide.

‘Tunnel of Love,’ his album, was released in 1987. When he played the “Radrennbahn Weißensee” in East Berlin on his “Tunnel of Love Express Tour,” 300,000 people showed up to see him. Bruce Springsteen was officially inducted into the “Rock and Roll Hall of Fame” in the year 1999.

Back in 2008, he helped Scialfa promote Barack Obama for president by performing “Working on a Dream” alongside her. He headlined the halftime concert at “Super Bowl XLIII” on February 1, 2009. The singer’s two albums, “Wrecking Ball” (2012) and “High Hopes” (2014), were released between 2012 and 2014.

The songs on Bruce’s 2014 album “High Hopes” are all covers. As of January 2016, “The River Tour” had begun in support of the album box set The Ties That Bind: The River Collection. The CD “Chapter and Verse,” which compiled Springsteen’s work from 1966, was released in September 2016.

Bruce Springsteen played for four hours and four minutes in Philadelphia, Pennsylvania’s “Citizens Bank Park” in September 2016 as part of his “The River 2016 Tour.” There has never been a longer show by him in the country before.

Springsteen’s “Springsteen on Broadway” concert album was released in December 2018. His nineteenth studio album, titled Western Stars, came out this past June of 2019.

Bruce Springsteen Personal Life

He fell in love with actress Julianne Phillips, whom he initially met on his “Born in the U.S.A.” tour. Their wedding took place in 1985. It didn’t last long, though, and Springsteen quickly moved on to a romance with Patti Scialfa, a backup vocalist with the ‘E Street Band. Bruce and Julianne’s separation came about in 1989.

Meanwhile, Springsteen began living with Scialfa. After tying the knot in 1991, the happy couple quickly welcomed three little ones into the world. When “Superstorm” Sandy struck New Jersey in 2012, Bruce wanted to help out.

While performing in Rochester’s “Blue Cross Arena,” he dedicated his set to the storm’s victims. In addition to his work for “Sandy Relief,” he also participated in an “American Red Cross” telethon and performed at Madison Square Garden.

Bruce Springsteen Net Worth

Bruce Springsteen net worth is $650 million. Over the course of his decades-long career, he has gained widespread recognition both as a solo artist and as the band’s leader and vocalist.

On tour, Bruce can make upwards of $80 million each year. Bruce is among the top 35 best-selling musicians of all time, with CD sales of over 135 million.

Real Estate

Bruce has a staggering number of properties, the vast majority of which are located in or near Monmouth County, New Jersey. His primary residence is a horse property that spans 384 acres near Colts Neck.

The main mansion in Bruce and Patti’s 4.5-acre Beverly Hills compound is 10,000 square feet, and there is also a secondary residence on the property that is 7,500 square feet in size. The property cost them $13.75 million when they bought it in 1999.

It was rumoured in 2015 that they were trying to sell the property privately for $60 million to $70 million. Bruce Springsteen net worth is $650 million. A mansion was going up on the hill above their property, so they undoubtedly wanted to sell.

An ongoing legal struggle between the city of Los Angeles and the son of the late Saudi King Abdullah has revolved around the latter’s plans to build a 60,000-square-foot mansion that would overlook a section of Springsteen Manor.

Their other home is in a Wellington, Florida, equestrian community. Estates belonging to Bill Gates and Mike Bloomberg can be found in the area. Springsteen’s and Gates and Bloomberg’s daughters are all avid cyclists.

How Much Did Bruce Sell His Royalties For?

On December 16th, it was announced that Springsteen had sold his entire back catalogue to Sony Music Group. This included both his songwriting and recording catalogue. The purchasing price was estimated to be more than $500 million.

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