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New Jersey has long been associated with wealth and celebrity, but when it comes to billionaires from the Garden State, one music legend stands out above the rest. Bruce Springsteen, affectionately known as “The Boss,” is the only New Jersey celebrity to make the exclusive list of the world’s celebrity billionaires.
Even as New Jersey residents grapple with high living costs, some stars have achieved unprecedented financial success. Bruce Springsteen, famous for classics like Born to Run and for his legendary live performances, has reached new financial heights. Recently, he was listed as one of the world’s celebrity billionaires, securing the No. 15 spot on Forbes’ prestigious ranking.
Springsteen’s journey from his humble beginnings in Freehold, New Jersey, to the upper echelons of global wealth is remarkable. After years of topping the charts and selling out stadiums with the E Street Band, his net worth is now estimated at $1.2 billion. The most significant boost to his fortune came from the sale of his music catalog to Sony in 2021, a deal reported to be worth around $500 million. In addition to this, his lucrative tours and projects—such as the phenomenally successful Springsteen on Broadway—have added hundreds of millions more to his net worth.
Yet, Springsteen himself has been modest about his fortune. While the Forbes list and other outlets highlight his billionaire status, the iconic rocker told The Telegraph, “I’m not a billionaire. I wish I was, but they got that real wrong. I’ve spent too much money on superfluous things.” Despite his own reservations, there is no denying the immense impact of his decades-long career. For more on Springsteen’s latest ranking, see the Forbes official billionaire list.
When stacking up New Jersey’s most successful musicians, Springsteen easily comes out on top. For comparison, Jon Bon Jovi’s net worth is around $410 million—about a third of Springsteen’s. This gap is largely due to the value of Springsteen’s legendary catalog sale, on top of his income from global tours and album sales. Interestingly, another New Jersey native, illusionist David Copperfield, has amassed a fortune close to The Boss, with an estimated $875 million.
To put this in perspective, the world’s richest celebrity is Steven Spielberg, with a staggering estimated net worth of $5.3 billion, followed closely by George Lucas at $5.1 billion and Michael Jordan at $3.5 billion.
Bruce Springsteen remains not only a musical icon but also the wealthiest celebrity in New Jersey. His achievements—both artistic and financial—underscore the enduring power of rock and roll when combined with savvy business decisions. His story is a testament to the heights that can be reached, even for those who start out with little, in the competitive world of entertainment.
For those curious about other New Jersey legends, the list of beloved Garden State celebrities continues to grow. But when it comes to global wealth, “The Boss” stands alone at the top.
See the full list of the world’s richest celebrity billionaires on Forbes and explore New Jersey’s most beloved public figures for more stories of success.
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Congratulations to Bruce Springsteen—New Jersey’s $1.2 Billion singer and still, to many, “The Boss” of American music.