- Bruce Springsteen has rejected stories that he is a billionaire.
- Forbes estimates Springsteen to be value $1.2 billion.
- “I want I used to be, however they obtained that actual flawed,” the singer mentioned.
Bruce Springsteen has rejected stories that he is a billionaire in a current interview, saying he is frittered away an excessive amount of cash on issues he does not want.
Springsteen, probably the most iconic names in music, has offered greater than 140 million information worldwide and gained 20 Grammy Awards over the course of his profession.
His earnings obtained a serious increase in 2021 after he offered his music catalog to Sony for round $500 million, whereas his 2023 world tour introduced in an extra $380 million in income, based on Pollstar.
In July, Forbes mentioned that the singer had entered the billionaire membership for the primary time, placing his web value at $1.1 billion.
Forbes’ real-time web value tracker means that determine has continued to rise over the previous few months, estimating his present web value to be $1.2 billion.
However Springsteen, 75, just lately informed The Telegraph that such numbers have been method off.
“I am not a billionaire,” Springsteen mentioned. “I want I used to be, however they obtained that actual flawed.”
“I’ve spent an excessive amount of cash on superfluous issues,” he added.
The musician, famed for hits akin to “Born within the USA” and “Thunder Highway,” was chatting with The Telegraph about his new documentary, “Highway Diary: Bruce Springsteen and the E Road Band.”
Following a current screening of the film in London, attended by Enterprise Insider, Springsteen additionally shared one other method he makes use of a few of his money — paying his band “an incredible sum of money.”
The singer mentioned that tactic had been key to his profession success and longevity.
“When you get the artwork proper, the music proper, and the band proper, you exit and play each evening prefer it’s your final evening on Earth. That was the serial philosophy of the band, and we’re sticking to it,” he mentioned.
Springsteen has beforehand opened up about a few of the monetary troubles he confronted early in his profession after he mentioned he hadn’t paid a few of his taxes.
In an interview with Tom Hanks on the Tribeca Movie Competition in 2017, the singer spoke candidly on the subject, saying: “To start with, I by no means met anybody in New Jersey who paid his taxes,” per Vainness Truthful.
“They got here after us. I needed to work for a few years for any individual else,” he mentioned. “Not solely did I’ve to pay all of the taxes that I hadn’t paid, after which payments that I hadn’t paid.”
“In 1980, I believe I had about $20,000 to my title,” he added.
