Bruce Springsteen is a billionaire, according to Forbes estimates.

GT

The president is officially a billionaire.

Bruce Springsteen, who through songs like “Badlands,” “Hungry Heart” and “My Hometown” became the voice of the working class in rock ‘n’ roll, is now worth $1.1 billion, according to People. Forbes’ “Conservative” Estimates.

His net worth has increased significantly in the past few years. In 2021, Springsteen sold his music catalog to Sony for an estimated $500 million to $550 million, the largest deal ever for a single artist. Pollstar reported that in 2023, Boss sold more than 1.6 million concert tickets, generating $380 million in revenue.

With over 71 million albums sold in the United States and 140 million worldwide, Springsteen is among the best-selling music artists of all time. He has won 20 Grammy Awards, an Academy Award, and a special Tony Award for his critically acclaimed one-man show, Springsteen on Broadway.

Springsteen grew up in a working-class family in a Jersey Shore town and bought his first guitar after watching the Beatles on The Ed Sullivan Show. He played in high school bands and released his first album, Greetings from Asbury Park, New Jersey, in 1973. Springsteen sang about the thrills and traps of adolescence, young love, and escaping New Jersey, turning down hits like “Born to Run,” “Thunder Road,” “I’m on Fire,” and “Dancing in the Dark.” He became a champion of the common man with lyrics about the hardships of everyday life, and his commercial success and marathon concerts helped propel him to become one of the most important figures in American popular music.

Along with the E Street Band, Springsteen continues to tour the world, performing concerts that exceed three hours. In a preview of his April 6 Los Angeles concert, which was postponed from 2023 due to Springsteen’s illness, diverseChris Willman wrote, “The album’s 200-minute runtime is 40 minutes longer than most of his other recent collections, all of it testing and exceeding what a man in his early 70s recently recovered from illness should be able to do… Springsteen has toured the most bittersweet show on earth, eventually settling into his happiest, sometimes even silliest… and then turning tragic again on the final encore.”