By C. Perera, JadeTimes News
Forbes announced on Friday that Bruce Springsteen, known as "The Boss," has officially become a billionaire, with an estimated net worth of $1.1 billion.
Rockstar Bruce Springsteen, renowned for hits like "The River," has officially reached billionaire status. According to a financial outlet, much of his recent wealth accumulation can be attributed to the 2021 blockbuster sale of his music catalog to Sony for an estimated $500 million. This major deal followed his highly successful Broadway show run. Currently, Springsteen is on a global tour set to continue through 2025.
Industry tracker Pollstar reports that in 2023 alone, Springsteen sold over 1.6 million concert tickets, generating $380 million in revenue. At 74, the "Dancing in the Dark" singer shows no signs of slowing down. Throughout his career, the "Jungleland" songwriter has crafted music that resonates with themes of the underdog and the working class, selling 140 million albums worldwide and securing his place among the all time bestselling musicians.
A Rock and Roll Hall of Fame inductee, Springsteen boasts 20 Grammys and an Oscar. He is also the subject of an upcoming biopic, with Jeremy Allen White of "The Bear" fame set to portray him. Known for his marathon shows, Springsteen's longest performance lasted over four hours, achieved in Helsinki in 2012. Springsteen joins other industry heavyweights like Rihanna, JayZ, and Taylor Swift in the billionaire club.