Bruce Springsteen is now a billionaire, Forbes reports

Bruce Springsteen is now a billionaire, Forbes reports

Bruce Springsteen was already a certified rock god.

Well, now it’s approved. Billionaire too.

A New Jersey-based working-class hero has taken a big step toward his goal. Forbes A “conservative estimate” is US$1.1 billion ($1.7 billion).

Now, how do you get from E Street to Easy Street?

He’s certainly come a long way since the same man who used to work the bar at the Stone Pony Club in Asbury Park, New Jersey, and made it famous.

“I wasn’t a good bartender, but I was serving beer, having fun with the fans, and enjoying myself,” Springsteen says in his new book. I Don’t Want to Go Home: The Oral History of the Stone Horse.

“[My signature] It was a beer. With a Jack Daniels on the side, maybe.

It is clear that the artist who was once yearning for success, until the release of his album Made to run In 1975, I could have bought the entire amount of beer produced in the state of New Jersey and the Jack Daniel’s drinks now.

But even after the money started rolling in, Springsteen wasn’t the type to head to Hollywood, remaining humble and connected to his homeland — and the “back streets” that shaped him.

“I was able to pay off my debts, which makes me unique in my little neighborhood,” Springsteen said in Save us from nothingness Warren Zanes’ 2023 book on the 1982 album Nebraska.

“So I was dealing with this, with all my very conflicted feelings about being completely disconnected from the people I grew up with and who I wrote about.”

Having won 20 Grammy Awards, an Oscar, a Kennedy Center Honor, a Presidential Medal of Freedom, and been inducted into the Rock and Roll Hall of Fame and the Songwriters Hall of Fame, his billionaire status is the latest accolade for the 74-year-old living legend.

Springsteen’s bank account certainly got a big cash boost when he sold Music Catalog – It features hit songs such as: Dancing in the dark, great camouflage And Streets of Philadelphia – To Sony in 2021, where it received a lump sum of US$500 million (US$748 million).

“Everyone gets what serves their interests,” said his longtime manager, John Landau. Forbes In 2022.

In 2023, Springsteen’s world tour will gross even more — $380 million ($569 million), according to Pollstar.

He has also become a real estate star, owning two luxury properties in Wellington, Florida and a Beverly Hills home he purchased in 2010, which is now valued at an estimated US$15 million (US$22 million).

In 2017, he sold his sprawling home in Rumson, New Jersey, for $3.2 million (US$4.8 million). The Georgian-style home, which he bought in 1983, included an outdoor pool and a separate guest house.

He purchased his current 368-acre ranch in 1994 and uses it as his primary residence.

His real estate portfolio is noticeably different from his upbringing. Asbury Park NewspaperHis childhood home, where he lived with his family from 1955 to 1962, sold for US$255,000 ($382,000) in 2018.

Despite having the money for days, Springsteen is still considered a common man.

In 2019, he was spotted jogging at Jersey Strong gym in Marlborough, New Jersey — at a then-budget price of just $9.99 (US$14.95). A fan also spotted him jogging at WorkOut World in Tinton Falls, New Jersey — a far cry from Equinox.

Last year, Springsteen was spotted eating cheap food at Roberto’s Freehold Grill in Freehold, N.J. And in further evidence of the Jersey Strong bond, fellow Jersey bikers rescued him when his motorcycle broke down in 2016.

No matter how luxurious his home or how full his pockets, all that matters to Springsteen is staying true to his roots as the shaggy Jersey boy who first greeted us from Asbury Park on his debut album in 1973.

“I still love it here,” he said. diverse In 2017. “I think the Jersey Shore is a great place to live… I still enjoy the beach so I’ll keep swimming until November. It’s a place we really love, man.”

Forty years after the release of his greatest album, Born in the United States of AmericaIn June 1984, Springsteen’s career was on the rise again.

While he’s in the midst of a world tour with the E Street Band — where he’s still giving his fans all their money’s worth with three-hour shows — this week sandpaper The duet with Zach Bryan marks Springsteen’s first appearance on Billboard’s Hot Country Songs chart, and his first appearance on the Hot 100 since 2009.

Additionally, Jeremy Allen White – Emmy Award-winning star of the hit FX series The bear – He has been cast to play a rock singer in an upcoming biopic.

So it’s safe to say that Springsteen’s glory days are far from over as he recovers from the peptic ulcer disease that sidelined him from last September until March.

This article originally appeared on New York Post Reproduced with permission.

Leave a Reply

Your email address will not be published. Required fields are marked *