American rock legend Bruce Springsteen is now part of the club of musicians whose fortune exceeds a billion dollars, joining Rihanna, Jay-Z or Taylor Swift, the business magazine Forbes estimated on Friday.
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Born in working-class New Jersey, the voice of proletarian America and a workaholic, the “guitar hero” “amassed a substantial fortune” for decades “singing his blue-collar roots,” writes Forbes, which estimates his wealth at $1.1 billion.
Since his first opus “Greetings from Asbury Park, N.J.” (1973), the “boss” has sold some 140 million albums worldwide and his memoirs have been a bestseller in bookstores. The singer of the American dream and its setbacks won 20 Grammy Awards and an Oscar for his hit “Streets of Philadelphia” (1994).
The sale of the rights to his musical catalog
The “Born in the USA” and “Dancing in the Dark” singer, 74, was also able to expand his fortune in 2021, when he sold the rights to his music catalog to Sony, for around $500 million, little after a series of sold-out Broadway concerts.
Faithful to his original group, the “E Street Band”, he is currently continuing a world tour which is due to last until 2025. Throughout his career, he has offered long concerts to his fans, the longest, spanning more than four hours, in Helsinki in 2012. He will also be played in the cinema in an upcoming biopic, with the star of the series “The Bear”, Jeremy Allen White, to play his role.