| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $120 million | N/A | October 2, 1950 | Chertsey, England | Male | N/A | Musician | English |
What is Mike Rutherford’s Net Worth?
Mike Rutherford, an English musician, has an estimated net worth of $120 million. He is widely recognized as a founding member of the band Genesis and one of the two consistent members throughout its history. Rutherford is a multi-instrumentalist who primarily plays bass guitar and provides background vocals for the band. He also founded the successful band Mike + The Mechanics.
Highlights
– Mike Rutherford has a net worth of $120 million.
– He is a founding member of the band Genesis and one of its two consistent members.
– Rutherford is known for his skills on bass guitar and as a songwriter.
– He founded the band Mike + The Mechanics and achieved significant success with hits like “The Living Years.”
– Rutherford has been inducted into the Rock and Roll Hall of Fame as part of Genesis.
Early Life
Mike Rutherford was born on October 2, 1950, in Chertsey, England. He grew up in a musical household and developed a passion for music at an early age. Rutherford received his first guitar when he was eight years old and started playing in his first band, called the Chesters, at the age of nine. He attended the preparatory school the Leas and later enrolled in Charterhouse. At Charterhouse, Rutherford joined the school band Anon, which specialized in covering songs by popular artists of the era.
Career
Rutherford co-founded the rock band Genesis in 1967 alongside fellow Charterhouse students. They signed a contract with Decca Records and released their debut studio album, “From Genesis to Revelation,” in 1969. Although their first album was unsuccessful, Genesis regrouped, signed with Charisma Records, and achieved success with albums like “Foxtrot” and “Selling England by the Pound.” Rutherford played various instruments in the band, including bass, rhythm guitar, and lead guitar. He also contributed to some of their biggest hits as a songwriter.
In addition to his work with Genesis, Rutherford formed the band Mike + The Mechanics in 1985. They achieved commercial success with hits like “Silent Running” and “All I Need is a Miracle,” earning Rutherford an Ivor Novello Award for their single “The Living Years.” The band released several albums before disbanding in 2004. Rutherford later returned to performing and touring.
Personal Life
In 1976, Mike Rutherford married his wife Angie. They have three children together named Kate, Tom, and Harry. The couple divides their time between Loxwood, England, and Cape Town, South Africa. Rutherford released his memoir, “The Living Years: The First Genesis Memoir,” in 2014.
Net Worth Over Time
Mike Rutherford’s net worth has been steadily growing throughout his successful music career. With his contributions to Genesis and the achievements of his band Mike + The Mechanics, he has accumulated a substantial amount of wealth. His net worth is estimated to be $120 million.
Components of Net Worth
Rutherford’s net worth consists of various assets and income sources, including:
1. Earnings from his music career with Genesis and Mike + The Mechanics, including album sales, concert tours, and royalties.
2. Songwriting royalties and publishing rights from the successful songs he has composed.
3. Investments in real estate properties and other ventures.
4. Revenue from the sale of his music catalog rights, such as the recent sale to Concord Music Group Inc. for $300 million.
5. Additional income from endorsements, merchandise sales, and other business ventures related to his music career.
In conclusion, Mike Rutherford’s net worth of $120 million reflects his long and successful music career as a founding member of Genesis and his accomplishments with the band Mike + The Mechanics. Through his talents as a multi-instrumentalist and songwriter, he has created a significant and diverse portfolio of wealth.