Bruce Springsteen Disputes Billionaire Status Amid Forbes Report

The music icon clarifies his financial standing, attributing high spending and generous payouts to his band as reasons for not reaching billionaire status.

Bruce Springsteen has denied Forbes' claim that his net worth exceeds $1 billion, stating that the estimate is incorrect.
Springsteen attributes his lower net worth to spending on 'superfluous things' and substantial payments to his band members.
The musician sold his music catalog to Sony in 2021 for approximately $500 million, a significant contributor to his wealth.
Springsteen's recent tour grossed $379.5 million, showcasing his enduring popularity and financial success.
Despite his wealth, Springsteen emphasizes the importance of enjoying one's fortune and maintaining artistic integrity over financial gain.