Bruce Springsteen is officially a billionaire

nme.com:

Bruce Springsteen has officially reached billionaire status, with his net worth accelerating in the past few years.According to a recent estimate by Forbes, The Boss is apparently worth $1.1 billion, following a six-decade career that’s seen him release 21 studio albums, seven live albums, and five EPs, selling over 140 million albums globally.In 2021, Springsteen sold his masters and publishing rights to Sony Music in a combined deal worth around $500million (£377m).

According to Billboard, the sale gave the company ownership of the musician’s entire back catalogue, which at the time consisted of 20 studio albums, 300 songs, 7 EPs, 23 live records and more.Alongside the sale of his masters, Springsteen continues to generate income through new projects.

This year alone, he’s embarked on a three-month European and UK tour, released a special edition 40th anniversary re-release of his 1984 album ‘Born In The U.S.A.’, and announced a new concert documentary.Springsteen joins Paul McCartney and Taylor Swift as one of music’s most recent billionaires.

Earlier this year, it was announced that the former Beatle had become the UK’s first billionaire musician, aided by his touring in 2023 and the lucrative value of his lengthy discography.Swift, meanwhile, has seen her wealth skyrocket in recent years thanks to a string of re-recorded albums which she made in a bid to regain control of her masters, as well as her colossal Eras tour.