Forbes magazine officially declared legendary artist Bruce Springsteen a billionaire on Friday.
Fondly known as “The Boss” to his loyal fans, Springsteen has been dazzling audiences with his talent for six decades, and he shows no signs of slowing down. Forbes magazine reported. The majority of his income has been accumulated over the past few years. With hits like “Badlands,” “Hungry Heart” and “My Hometown,” Springsteen's career and dedication to music has helped him accumulate an estimated net worth of $1.1 billion at this time.
NEW YORK, NY – NOVEMBER 6, 2023: Bruce Springsteen attends the 17th Annual Stand Up for Heroes Benefit Presented by the Bob Woodruff Foundation and New York Comedy Festival at David Geffen Hall on November 6, 2023 in New York City. (Photo by Slaven Vlasik/Getty Images via Bob Woodruff Foundation)
This famous singer and guitar hero has long been regarded as the working-class voice of rock and roll. Determined to overcome his poor working-class upbringing, Springsteen dedicated himself to music and created an incredible catalogue of iconic hits that will forever remain in the music world.
The 74-year-old star doesn't just sing, he continues to tour and perform three-hour shows for his adoring fans.
He's no stranger to topping the charts, having released a total of 21 studio albums, seven live albums and five EPs to date, and according to Forbes magazine, has sold more than 140 million albums worldwide.
According to Forbes, Springsteen's numerous awards include 20 Grammy Awards, an Academy Award, two Golden Globe Awards, a Special Tony Award, and induction into both the Rock and Roll Hall of Fame and the Songwriters Hall of Fame. He has also received some of the nation's highest honors, including the Kennedy Center Honors in 2009 and the Presidential Medal of Freedom in 2016.
Bruce Springsteen (Photo: © Aaron Rapoport/CORBIS OUTLINE/Corbis via Getty Images)
According to Forbes magazine, the star has more stage time than concert appearances, with a staggering 236 sold-out Broadway shows.
He also detailed his journey to the top of the music world in his #1 New York Times bestselling memoir.
Springsteen is as talented in business as he is onstage, selling his music catalog to Sony in 2021 for a staggering lump sum of $500 million.
According to Forbes, Pollstar estimated that the band's 2023 world tour will sell more than 1.6 million tickets and generate $380 million in revenue. (RELATED: Forbes Magazine Officially Recognizes Taylor Swift as a Billionaire)
The legendary star has concerts scheduled until mid-2025.
