Bruce Springsteen Is Officially a Billionaire After a Record-Breaking Boss Move
The “Badlands” singer was once a working class hero who wrote working class anthems still beloved to this day. After decades of touring and producing music, Springsteen is officially considered a billionaire with a current net worth of $1.1 billion, according to Forbes. Springsteen grew up in a working class family in New Jersey, making his billionaire status a notable part of his rags-to-riches story.
How Did Bruce Springsteen Become a Billionaire?
The Boss’s worth boosted quite a bit in the last few years, specifically. Back in 2021, he sold most of his catalog of music to Sony for approximately $550 million. It was a record-breaking transaction—and a truly “boss” move—that is considered the most expensive transaction between a company and an individual artist for their body of work in history. Just as well, Springsteen sold a whopping $1.6 million in concert tickets in 2023. That alone generated approximately $380 million in total revenue.
We can’t forget about his record sales, too. Springsteen has sold about 140 million albums across the globe. With dozens of Grammy awards under his belt, it’s not surprising that Bruce Springsteen is now a successful billionaire. If anything, it’s surprising that it took this long.
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