The Boss has officially reached billionaire status.
Following over five decades in the spotlight, Bruce Springsteen was declared a billionaire by Forbes, with an estimated net worth of $1.1 billion, on Friday.
In their report, the American business magazine noted that the singer’s representatives ‘could not confirm Forbes’ estimate.’
The report comes less than three years after the 74-year-old Born in the U.S.A. hitmaker sold his multi-platinum music catalog to Sony Music Entertainment for an estimated $500-$550 million.
In addition to selling his entire back catalog – including songwriting and recordings – the 20-time Grammy winner has made a fortune touring the world.
Last year, he ‘sold more than 1.6 million concert tickets, generating $380 million in revenue,’ according to Variety.
Over his career, the father-of-three has topped the charts and released 21 studio albums, 23 live albums, 77 singles, and 66 music videos.
Springsteen is one of the most successful recording artists of the past century.
He sold 65.5 million albums in the U.S. alone, according to the Record Industry Association of America (RIAA).
Over the decades Springsteen has stuck by his manager of nearly 50 years, Jon Landau. Together, the duo have been nothing short of a success.
Other than the lucrative deals for his publishing and song catalog, Springsteen is also one of the most profitable touring entertainers ever, having generated more than $840 million in tours, only between 2010 and 2019, according to Pollstar.
