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Know Details About ‘The Boss’ Bruce Springsteen Net Worth In 2023!

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Bruce Springsteen net worth

Bruce Springsteen is coming back to perform at London’s Hyde Park, and his fans and followers can’t seem to wait! The 73-year-old Born To Run hitmaker last performed here in 2012 at Hard Rock Calling – and the scene was not too good! To ensure that the same is not repeated – the London police have been taking strong measures. With his performance round the corner, suddenly, the audience’s interest in his personal affairs has peaked. Taking that into account, this article will give you an outline of Bruce Springsteen net worth and a quick walkthrough of his journey to fame.

Let’s get started –

What is the current Bruce Springsteen net worth?

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Image Credit: People Magazine

The data obtained from multiple financial websites and public records (tax returns, ticket sales) show his net worth to be somewhere between $650-700 million as of the first quarter of 2023. One of the finest singer-songwriters, the remarkable musician has been dominating the music acne for close to five decades now – churning hits after hits.

In fact, recently, he was in the news for selling off his catalogue of songs to Sony Music for a massive $500 million – adding a handful more zeros to his already huge net worth.

As you will scroll down this article, you will get a clearer picture of his sources of earnings and how he has managed to build up his wealth over the years.

What are his sources of income?

As per the Billboard records, Bruce Springsteen net worth annually amounts to $80 million. The most notable sources of his income are through his career as a singer – both solo and as a band member of E Street Band, songwriter, stage shows, royalties, dealings in real estate and selling off his catalogue of compiled music. As the originator of ‘heartland rock’ Billboard has ranked him as the 24th of Most Widely Selling Music Artists of All Time, cementing his position as a notable artist globally.

His recent dealing with Sony Music

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Image Credit: CTV News

Most of Bruce Springsteen music was released by Columbia Records, and it was only in the 1980s that he regained the rights of his music. In this record deal with Sony Music, he sold his catalogue of 300 songs (details not unveiled) for a massive $500 million. Therefore, Sony Music owns both its original music as well as the intellectual property rights of the music.

His earnings from his music albums

Springsteen is the master of sales, with over 150 million records sold globally. With more than 20 studio albums under his belt (most of which are with his band – E Street), he has (and still earns) a humongous amount. Listing out his collection – Born To Run, Darkness on the Edge of Town, Devils and Dust, The Rising, Human Touch, Western Stars, Working On a Dream, The Rising, Lucky Town – you have just a handful of names. Reportedly, all of them were superhits and accrued hefty amounts of add-ons to his total net worth.

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He earns from concerts

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Image Credit: Variety

There’s more than a single reason why he is known as the highest-paid musician. Recently, his Hyde Park concert’s schedule was revealed, and within the first 24 hours of going live, the organisation sold close to 1,30,000 tickets online. Apart from that, his concert tours and tickets starting from $76 significantly add to Bruce Springsteen net worth.

Royalties and proceedings from the sale of records

Springsteen has shares in terms of royalties and the sale of records. Though monetary details, in either case, is unavailable, however, one can easily assume the number to be significant given that he has years of hardcore professional credibility to stand for.

How has his net worth grown?

In this section, you will get an idea of the growth of Bruce Springsteen net worth in the last couple of years –

Net worth in 2023 First Quarter between $650-700 million
Net worth in 2022 Between $600-610 million
Net worth in 2021 Roughly touching $600 million
Net worth in 2020 Extended to $570 – 580 million
Net worth in 2019 Counted up to $540 million
Net worth in 2018 Roughly within $500-510 million

Is there any investment details available?

The best-selling musician has quite a penchant for living his life as far as his investments are concerned. He has not only invested in real estate but also has a penchant for luxury cars and invests in high-breed animals. Therefore, one may state that given their market value in current times, Bruce Springsteen net worth has reached quite a hefty sum.

His real estate investments

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Image Credit: 6sqft

From his formal declarations, it has been shown – he has multiple properties in Florida (Wellington), Los Angeles, and New Jersey (Freehold). Though specific details are unavailable – he supposedly owns a mansion (area of 10,000 square feet) and a secondary home (7,500 square feet).

It has been revealed recently that Springsteen, along with Scialfa, owns a compound in Beverly Hills priced at a whopping $13.75 million.

His car collection

As far as his vehicles are concerned – he owns a couple of classics, such as Ford and Chevy models. His collection includes – Impala Convertible, 1960 Chevrolet Corvette, and Chevy Bel Air Convertible (he supposedly shelled out an extra $2000 for its orange customised hood).

His animal collection

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Image Credit: Asbury Park Press

He owns the Stone Hill Farm, which houses a host of high-breed horses, and pigs, goats, chickens (farmed animals). Though he owned two ostriches, but they did not last long. Apart from that – he specifically owns a horse farm in Colts Neck.

Taken as a gross total, the monetary investments that he has made in collecting cars and houses, along with the farm, speaks quite well of the humongous net worth he has accumulated.

His philanthropic contributions

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Image Credit: Rolling Stone

For those who are unaware, Springsteen is a man who does believe in giving it to the world but surely not announcing it outright! It is not uncommon for him to host concerts with his friends or his band E Street whose proceeds go to charitable causes. There have been multiple such cases but without any media frenzy attached to the same.

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Additionally, he has also extended a $3 million dollar cheque to the Thrill Hill Foundation. Another of his contribution of $1.5 million went to The Foundation Inc., which helps in repairing houses for below-poverty line people of New Jersey.

Quickly looking back at his early life and career

Speaking of his early life – born to Adele Anne and Douglas Frederick, with two younger sisters, he was interested in music from the tender age of 7 years. Raised as a devout Catholic, his music showed a massive influence on his childhood principles. He was initially married to Julianne Philips (1985-89) and then remarried Patti Scialfa, with whom he shares 3 kids.

He grew up listening to Frank Sinatra, and then after a lot of struggle, he got through to become Castille’s lead guitarist – cum-musician.

After that, he went on to perform for multiple small bands, and it was only in 1972 that he was signed up for recording with Columbia Universal. Soon he founded the music band E Street and since then, he has been performing with them as a group and has gone ahead to scale heights of success.

Final Thoughts

If you love rock music, then Springsteen is a name that must have been on your mouth for years together. The fact that he has managed to treat one and all to some melodious music over the year clearly shows how adept he is at making a mark in this world. As materialistic returns for his contributions to the world of music, the metrics of Bruce Springsteen net worth have skyrocketed over time, thereby allowing him a space into the domain of not just one of the most-heard musicians of all time but also one of the million-dollar holder globally.

If you are a fan and want to know more about his work and his contributions to the field of music, keep checking this website.

FAQ

1. What is Bruce Springsteen net worth in 2023? 

His net worth is within $650 – 700 million. Annually he earns a massive $80 million.

2. What is Bruce Springsteen age in 2023? 

His date of birth is – September 23, 1949. He is currently 73 years old.

3. Does he still perform? 

He is still one of the highest-paid musicians globally and still performs at concerts. He is next due to perform at a concert in London’s Hyde Park.

 

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