For a world-renowned band like Motörhead, fans would expect to see a higher amount of net worth from Lemmy Kilmister. Despite his fame, the rocker had very little amount of net worth compared to other rockers. Today, we’re here to find out how much Lemmy’s net worth is and why it’s less than fans expected.
How Much is Lemmy Kilmister’s Net Worth?
Lemmy was known for his gravelly voice, which ultimately became one of the defining features of Motörhead’s sound, but also for his appearance with his mutton chops, black clothing, and a penchant for wearing cowboy boots and a bullet belt. He was, and still is, often credited with pioneering the speed metal and thrash metal genres.
Lemmy Kilmister passed away on December 28, 2015, just a few days after his 70th birthday. He died of prostate cancer, cardiac arrhythmia, and congestive heart failure.
While Motörhead achieved commercial success with hit albums and tours, Lemmy’s finances were sometimes strained due to his expensive habits, such as heavy drinking and partying. At the time of his passing, his net worth was reported to be around $650,000, a lot lower than expected.
Why Lemmy’s Net Worth is Lower Than Expected
According to the UK tabloid Mirror, initial expectations were that Lemmy’s estate would be valued approximately $8.28 million at the time of his passing. However, it was later revealed the actual value was considerably lower.
Mirror also indicated that Lemmy’s son, Paul Inder, is thought to be the primary beneficiary of his estate, though there is some belief that Lemmy may have adopted a second child.
Despite his successful career with Motörhead, the rocker said that the band never sold many albums and he wasn’t able to afford a home in Hollywood Hills. Additionally, he acknowledged that he would not die broke but he wasn’t rich either.
Lemmy lived a modest lifestyle, having leased an apartment in Hollywood for a period spanning more than two decades. This apartment was located just a short distance from his preferred hangout, the Rainbow.
In his documentary ‘Lemmy,’ the Motorhead frontman humorously quipped that he had earned a better income from writing the Ozzy Osbourne single, ‘Mama, I’m Coming Home,’ than from Motörhead’s entire catalog up to that point in time.
