Musicians pursue commercially successful projects and tours. Their popularity, of course, brings along a big fortune. They create and sell records, trademark their brand, go on months-long tours, and profit from official merchandise sales. All of these open ways for them to become millionaires.
Sometimes artists struggle to balance their finances, and their wrong decisions often have consequences. Despite general belief, an artist’s net worth is not solely linked to his successful career. Alice Cooper provides an excellent example — he is one of the most influential names in music history but is technically ‘worth less.’
Cooper rose to prominence in the ’70s and has been rocking the stage ever since, but his net worth is lower than his contemporaries. Today, we’re here to figure out why.
What Is Alice Cooper’s Net Worth?
Alice, whose actual name is Vincent Furnier, was a local star in his hometown. He released a few locally popular songs, but his eventual fame came with his Alice Cooper band. He wanted his band to stand out with dark-themed, gothic performances.
The band achieved commercial success with ‘Love It To Death’ in 1970 after two unsuccessful albums. They released 1972’s ‘School’s Out,’ and it became a timeless hit. Furnier legally changed his name to Alice Cooper in 1975.
The Alice Cooper band started promoting their work with tours. Their stage shows became famous for horror elements and surprising gags. Cooper later on pursued a solo career. He released a TV special in 1975 to promote his debut solo record ‘Welcome To My Nightmare.’ The TV special received critical acclaim.
Cooper became a millionaire after going on months-long tours and profiting from merchandise sales. The musician also made wise property investments by buying a hillside mansion in Arizona in the ’70s. The property is now estimated to be worth millions. He also put his house in Los Angeles on the market for $1.3 million.
Cooper’s current net worth is estimated to be $50 million.
Why Is Alice Cooper’s Net Worth Low?
So, Cooper’s net worth stands at $50 million even with his successful projects and commerciality. $50 million is definitely a great fortune, but it is still low compared to other rockstars.
Cooper’s fellow musicians have impressive fortunes. For example, Bob Dylan and Elton John have a net worth of $500 million. Another example is Paul McCartney, who has a £1,2 billion fortune.
There are some reasons behind this. Cooper took the stage during the same period as Bob Dylan, Paul McCartney, and Elton John, but his stage shows and songs weren’t as appealing due to their controversial nature. The Godfather of Shock Rock prefers to perform gothic-themed stage shows, and his music didn’t really enter the mainstream.
Cooper has been focused on pursuing his unique artistic direction and exploring horror themes without trying to become more ‘easy on the eyes’ to attract a wider audience. This is probably why he failed to build a fortune. But he still stands out in his own genre.
