|Estimated value:||€415 million|
|Country of origin:||United States of America|
|Source of Wealth:||Singer, songwriter and musician|
Bruce Springsteen is an American singer, songwriter and musician who has found success both as a solo artist and as leader of the band E Street Band. He rose to worldwide prominence in the 1970s when his third studio album, Born to Run, was released in 1975. The 68-year-old has been successful for five decades now and has released not only rock albums but also folk-inspired music. Springsteen’s songs are known for being both poetic and socially critical. His fans appreciate his long and energetic stage performances. With an estimated Net Worth of the equivalent of 415 million euros, Springsteen is one of the richest celebrities in the USA according to the ranking of Forbes magazine (2016). In the course of his career he is said to have brought in up to 1.35 billion euros. He has sold over 135 million records to date, 64 million of them in the United States alone.
Bruce Frederick Joseph Springsteen was born in Long Branch, New Jersey, in 1949. He also spent his youth in this part of the east coast of the USA. His father, who is said to have suffered from mental health problems, worked as a bus driver and had other jobs. His mother, a native of New York, raised most of the three children – Springsteen and his two younger sisters – by herself by working as a secretary in a law firm.
Young Bruce Springsteen went to a strict Catholic private school run by nuns. At the age of seven, Springsteen became acquainted with the music of Frank Sinatra and Elvis Presley, which made a great impression on him: Shortly thereafter, his mother rented him a guitar. When Springsteen transferred to a public school in ninth grade, he reportedly had trouble integrating. A former teacher described him as “a loner with nothing on his mind but his guitar”. In 1967 he graduated from high school and attended college for a short time, but eventually dropped out. Springsteen was supposed to be drafted into the Vietnam War, but was decommissioned after a head injury sustained in a motorcycle accident when he was 17. His rebellious behavior at the muster is also said to have played a role in Springsteen not being accepted into the military. By his own account, Springsteen’s music is clearly shaped by his early socialization in the Catholic school. In some of his songs he even quotes from Catholic hymns of praise.
breakthrough in the music industry
Springsteen’s mother, Adele Ann, who supported his passion for music from the start, bought him his second guitar in 1964 on a $60 loan. He got the first one himself. He later processed his mother’s loving gesture in the song “The Wish”. In the years that followed he played guitar in several bands and his gigs spread from the east coast of the USA in the early 70’s to the west coast for gigs in Los Angeles. In October 1972, Springsteen and other members formed the band Greetings from Ashbury Park, NJ. They later renamed the band the E Street Band. The expectations of her record company Columbia Records were high. The first record, released in 1973, was popular with critics, but did not bring in the hoped-for profits. The following album was similarly successful, on the third album finally in 1974 the first hit “Born to Run” was recorded. But Springsteen was dissatisfied with the album as a whole, and it wasn’t until 1975 that the “E Street Band” had their breakthrough: They played five nights in a New York club, which eventually attracted great media interest. In August of the same year, the album “Born to Run” was finally released and promptly became a worldwide hit.
The band continued to tour and by the late 1970s Springsteen had also earned a reputation as a songwriter for other artists and bands. Throughout his career, Springsteen has released 20 albums and toured 17 times.
- “Success makes life easier. It doesn’t make everyday life any easier.” (Q Magazine August 1992)
- “It’s the stage thing, the thrill you live for. That never lasts long. But that’s what you live for.” (Time Magazine October 1975)
- “When you’re being chauffeured in a limo for the first time, it’s exciting. After that, it’s just a car.” (2004)
Bruce Springsteen has rebelled against the strict rules in his Catholic school. Despite this, he says of himself that he sees himself as a Catholic, “Once a Catholic, always a Catholic”. He is said to have said jokingly that this was particularly difficult in his sexual development. After raising their three children together in Los Angeles, Springsteen and his second wife Patti Scialfa moved back to New Jersey, Springsteen’s hometown. They have been living there on a horse farm ever since. Springsteen campaigns for the rights of people in the LGBT community and is a strong supporter of gay marriage in the United States. In a 2017 interview with Tom Hanks, Springsteen admitted to having a history of tax evasion.
|Estimated value:||€415 million|