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Ringo Starr, born Richard Starkey, is an English musician, singer, songwriter, and actor. He is best known as the drummer for the legendary band, The Beatles. With his unique drumming style and occasional lead vocals, Starr contributed to The Beatles’ iconic sound. After the band disbanded in 1970, Starr pursued a successful solo career. Today, he is considered one of the wealthiest musicians in the world. Let’s delve into Ringo Starr’s net worth and explore his life and career.
Net Worth
Ringo Starr has an estimated net worth of $350 million. He accumulated his wealth through his success as a musician, songwriter, and actor. As the drummer for The Beatles, Starr achieved worldwide fame, and his contributions to the band’s success played a significant role in his net worth. Throughout his solo career, he continued to release hit singles and albums, further contributing to his wealth. Additionally, Starr’s ventures into acting and his various endorsements have also added to his fortune.
Highlights
- Ringo Starr has a net worth of $350 million.
- He gained fame as the drummer for The Beatles.
- Starr has had a successful solo career, releasing hit singles and albums.
- He is known for his unique drumming style and occasional lead vocals.
- Starr is recognized as one of the greatest drummers of all time.
- He has also ventured into acting, appearing in films and television shows.
- Starr is a proponent of peace and love, frequently promoting these ideals.
- In 2018, he was knighted for his contributions to music.
Early Life
Richard Starkey, better known as Ringo Starr, was born on July 7, 1940, in Liverpool, England. His parents, Richard and Elsie Gleave, were confectioners. However, their marriage ended in divorce when Starr was a young boy, and his father became absent from his life. Starr’s mother took on various jobs, including working as a barmaid, to support the family.
At the age of six, Starr underwent an appendectomy that resulted in him contracting peritonitis and falling into a coma. After spending several days in a coma, he recovered but had to live away from his family during his year-long recovery at the Myrtle Street Children’s Hospital in Liverpool. Due to his extended hospital stay, Starr fell behind academically and had to receive tutoring to catch up.
In 1953, Starr contracted tuberculosis and lived in a sanatorium for two years. During his stay, he discovered his passion for drumming and joined the hospital band. This marked the beginning of his musical journey.
Career
Starr’s career took off in 1962 when he was asked to join The Beatles as their new drummer, replacing Pete Best. Alongside John Lennon, Paul McCartney, and George Harrison, Starr completed the iconic lineup of the band. Although often overshadowed by Lennon and McCartney’s songwriting prowess, Starr’s drumming style became integral to The Beatles’ sound. He also contributed lead vocals to several notable tracks.
After The Beatles disbanded in 1970, Starr pursued a successful solo career. He released multiple hit singles, including “It Don’t Come Easy,” “Photograph,” “You’re Sixteen,” and “Back Off Boogaloo.” Starr’s albums, such as “Ringo” and “Goodnight Vienna,” achieved commercial success. Throughout his solo career, he collaborated with various artists, including his former bandmate, Paul McCartney.
In addition to his music career, Starr ventured into acting. He appeared in films like “Caveman” and narrated children’s television programs such as “Thomas the Tank Engine and Friends” and “Shining Time Station.” His diverse talents and contributions to the music industry have earned him numerous accolades, including inductions into the Rock and Roll Hall of Fame as a member of The Beatles and as a solo artist.
Personal Life
In 1965, Ringo Starr married Maureen Cox. The couple had three children together: Zak, Jason, and Lee. However, their marriage ended in divorce in 1975 due to Starr’s infidelity. Starr has been open about his past struggles with alcoholism and his shortcomings as a husband and father.
In 1980, Starr met actress Barbara Bach on the set of the film “Caveman.” They got married in 1981 and have been together ever since. Starr and Bach split their time between homes in Los Angeles, Cranleigh (England), and Monte Carlo. They also own a residence in the Chelsea district of London.
Starr is a vegetarian and practices daily meditation. He is known for his catchphrase and motto, “peace and love.” In recognition of his contributions to music, he was knighted in 2018 and received an honorary Doctor of Music degree from the Berklee College of Music in 2022.
Net Worth Over Time
Ringo Starr’s net worth has steadily grown over the years. In 2013, more than 30 years after The Beatles disbanded, he earned $3 million from touring and record sales. Today, he can earn $3-5 million per year from live performances alone. His successful solo career, acting ventures, and various endorsements have significantly contributed to his increasing net worth.
Components of Net Worth
Ringo Starr’s net worth consists of various components. These include:
- Income from music sales: Starr has earned a significant portion of his wealth from album sales and streaming royalties throughout his career, both as a member of The Beatles and as a solo artist.
- Live performances: Starr continues to tour and perform around the world, earning substantial income from ticket sales.
- Acting career: Starr’s appearances in films and television shows have contributed to his net worth. He has also received royalties from his voiceover work.
- Endorsements and sponsorships: Starr has collaborated with various brands over the years, endorsing products and earning additional income through sponsorships.
- Investments: Like many wealthy individuals, Starr likely has investments in diverse assets, such as real estate, stocks, and other ventures.
Overall, Ringo Starr’s net worth is the result of his successful career as a musician, songwriter, and actor, as well as his various business endeavors and financial investments.