Ellefson joined Megadeth in 1983 and had been a constant member of the band until 2004. After the band’s temporary break in 2002, the band took some different approaches, and eventually, Ellefson was no longer in the band once they reunited. Taking this to court, the rocker lost money, affecting his net worth. Today, we’ll dig down into the details of the incident and how much Ellefson’s net worth is.
The Band’s Split with Ellefson
In 2002, Megadeth went on a break due to Dave Mustaine’s arm injury. They reunited in 2004, but Ellefson didn’t initially rejoin the band due to a legal dispute with Mustaine. The bassist had filed a lawsuit worth $ 18.5 million. Eventually, they resolved their differences out of court, leading to Ellefson’s return to Megadeth in 2010, although in a hired employee role rather than an ownership position.
Though they had their problems resolved out of court, the case was dismissed in 2005, and Ellefson had to pay a bunch of money to Mustaine. Reportedly, Ellefson also accused Mustaine of locking him out of merchandise and publishing royalties. Since the legal action, it has been a matter of curiosity as to whether or not the rocker lost money. Ellefson’s net worth might surprise you.
How Much Is Ellefson’s Net Worth?
Based on the most recent figures, David Ellefson currently has a net worth of $5 million. Since the rocker is not able to get any royalties or any other type of income from Megadeth, there has been a significant decrease in his net worth. As opposed to his former bandmate, Mustaine has a net worth of $18 million.
