Bruce Springsteen Denies ‘Incorrect’ Reports of Being a Billionaire, Claims He Spent Money on ‘Unnecessary Things’

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Bruce Springsteen

Bruce Springsteen does with The E Street Band throughout their 2024 World Tour at Dyrskuepladsen fairground in Odense, Denmark, on July 9, 2024.

ROBERT WENGLER/Ritzau Scanpix/ AFP by means of Getty Images

More than 50 years right into his job, Bruce Springsteen is just one of the most significant rock celebrities on earth. But is he a billionaire? After Forbes publication reported in July that heaven collar hero had actually an approximated lot of money that it fixed as cautiously north of $1.1 billion, the New Jersey symbol established the document right today in a meeting with the U.K.’s Telegraph (paywalled).

“I’m not a billionaire. I wish I was, but they got that real wrong,” Springsteen, 75, informed the paper without providing an extra exact total assets. He did, nonetheless, note that the number was also much less most likely since, he’s invested “too much money on superfluous things,” once more without particularly explaining what those points are.

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Springsteen did, nonetheless, mean where several of that cash may have gone recently when he talked to Business Insider in London recently to advertise the brand-new Hulu doc, Road Diary: Bruce Springsteen and the EStreet Band “I pay them a tremendous amount of money. That greases the wheels pretty good,” he claimed of his reliable E Street brethren, that include the band’s 6 longest-tenured core participants, too 8 added real-time entertainers and a four-man horn area. “And then, I’m a pretty nice boss. The truth is, you need to cast your band well.”

Back in July, Forbes mentioned Springsteen offering his songs directory to Sony in 2021 for an approximated $500-$ 550 million as one of the major chauffeurs of his wide range; it was the the biggest offer ever before for a private body of job. Other earnings streams that the monetary publication claimed added to the Boss’ funds: a 2023 scenic tour that marketed greater than 1.6 million tickets and produced $380 million, adhering to on the heels of the 267-show sold-out run of his 2017-2018/2021 Springsteen on Broadway program, along with job sales of greater than 140 million cds worldwide and atrioventricular bundle’s existing scenic tour, which is slated to go through mid-2025.

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