Bruce Springsteen Opens Voice Regarding Billionaire Musician Status

Bruce Springsteen (Instagram @redemartin)

JAKARTA - Bruce Springsteen, who has been in the music industry for more than five decades, is one of the greatest rock stars ever. The man who earned the nickname The Boss is even said to have abundant assets due to his brilliant music career.

In July, Forbes magazine reported that Bruce Springsteen is estimated to have a wealth of US$1.1 billion or equivalent to Tp17.34 trillion.

Responding to the report, Bruce gave a rebuttal.

"I'm not a billionaire. I wish I was a billionaire, but they were wrong," Bruce Springsteen said, citing the British Telegraph via Billboard, Tuesday, October 29.

However, the 75-year-old musician did not specify how much he had total wealth.

He noted that the figure was even less likely because it had been spent on many things.

"Too much money for things that don't matter," Bruce continued.

To Business Insider in London, England last week, the singer of Born in the US said some of his money was used to promote his new documentary entitled Road Diary: Bruce Springsteen and the E Street Band.

"I paid them a very large amount of money. It was quite smooth," he said.

"And then, I was a pretty good boss. Actually, you need to choose your band well."

E Street itself consists of the six band's core personnel with the longest careers, eight additional live players, and four members of the chain.

For information, Forbes quoted Bruce Springsteen as selling his music catalog to Sony in 2021 for an estimated price of 500 - 550 million US dollars or equivalent to Rp7.88 -Rp8.67 trillion.

The transaction is the largest ever in a single work, known as Bruce's main driver of wealth.

Another revenue stream that according to the financial magazine contributed to The Boss's coffers was the 2023 tour, the Springsteen on Broadway show in 2017-2018/2021, as well as sales of more than 140 million albums globally throughout his career.