| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $200 million | N/A | March 11, 1933 | Queens, New York | Male | N/A | Songwriter, Producer | American |
What is Mike Stoller’s Net Worth?
Mike Stoller, the American songwriter and producer, has a net worth of $200 million. He acquired fortune and fame as one half of the renowned writing and producing duo Leiber and Stoller. Together with Jerry Leiber, Stoller enjoyed tremendous success in the music industry, creating numerous chart-topping hits and earning accolades throughout their career.
Highlights
– Mike Stoller’s net worth is estimated to be $200 million.
– He co-wrote and produced numerous hit songs with Jerry Leiber.
– Stoller and Leiber formed their own record labels, Spark Records and Red Bird Records.
– They were inducted into the Rock and Roll Hall of Fame and the Songwriters Hall of Fame.
– Their most valuable song, “Stand by Me,” has generated approximately $30 million in royalties from 1961 to 2012.
Early Life
Mike Stoller was born on March 11, 1933, in Queens, New York, to a Jewish family. His family later moved to Los Angeles, California, where he attended Belmont High School and enrolled at Los Angeles City College. It was during this time that Stoller met Jerry Leiber while working at a record store. Both Stoller and Leiber shared a passion for music, and their collaboration began during their late teens.
Career
In 1952, Stoller and Leiber gained their first hit with the song “Hard Times” recorded by Charles Brown. They continued to write and produce songs that became chart-toppers, including “Kansas City” performed by Wilbert Harrison and the Elvis Presley classic “Hound Dog.” Stoller and Leiber’s success led them to create their own record labels, Spark Records and later, Red Bird Records.
Throughout their career, Stoller and Leiber collaborated with various artists and wrote hits such as “Yakety Yak,” “Searchin’,” “Stand By Me,” and “On Broadway.” They also worked closely with Elvis Presley, producing a number of successful songs used in his films.
The duo’s song catalogue continues to generate significant royalties. “Stand by Me” alone produced an estimated $30 million in royalties from 1961 to 2012. The overall value of the Leiber-Stoller song catalogue and royalty stream is estimated to be over $100 million.
Personal Life
Mike Stoller has been married twice in his life. He was originally married to Meryl Stoller before getting a divorce. In 1970, he married his second wife, Corky Hale, and the couple has remained together since then. Stoller continues to give interviews about his career and his experience working with Jerry Leiber.
Net Worth Over Time
Mike Stoller’s net worth has reached an impressive $200 million. As one half of the legendary songwriting duo Leiber and Stoller, he has amassed his wealth through the success of their songs and their valuable song catalogue.
Components of Net Worth
The majority of Mike Stoller’s net worth comes from his songwriting and producing endeavors. His partnership with Jerry Leiber resulted in numerous chart-topping hits, which continue to generate significant royalties. The value of the Leiber-Stoller song catalogue and royalty stream is estimated to be over $100 million.
In addition to his music career, Stoller also earned money through his record labels, Spark Records and Red Bird Records. While the exact financial details of these ventures are unknown, they likely contributed to his overall net worth.
Disclaimer: All net worths are calculated using data from public sources, and unless otherwise indicated, they are estimates. Corrections and feedback are welcome.