Robert Stigwood Net Worth

Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality
$300 million N/A April 16, 1934 Port Pirie, South Australia Male N/A Film and music producer Australian

What is Robert Stigwood’s Net Worth?

Robert Stigwood had a net worth of $300 million at the time of his death in 2016.

Highlights

– Australian film and music producer

– Managed the Bee Gees and Cream

– Played a role in the production of films like “Grease” and “Saturday Night Fever”

– Built a music publishing empire

– Net worth of $300 million at the time of his death

Early Life

Robert Colin Stigwood was born on April 16, 1934, in Port Pirie, South Australia. His father was an electrical engineer, and he studied at Sacred Heart College in Adelaide during his secondary school years.

Career

In pursuit of greater opportunities, Stigwood moved to England to work in the theatre world. After initial setbacks, he formed Robert Stigwood Associated Ltd and entered the music industry, working with musicians Joe Meek and John Leyton. Stigwood achieved major success when he started managing the Bee Gees, who became one of the best-selling musical groups of all time. He also managed Cream and ventured into film and television production.

Personal Life

Robert Stigwood was known for his lavish lifestyle. He owned a 275-foot yacht and resided in a 26-acre estate in Bermuda. In 1992, he sold his yacht to billionaire John Paul Getty. Stigwood also owned a 500-acre manor in East Cowes, Isle of Wight, which he extensively renovated.

Net Worth Over Time

At the peak of his career in the 1970s, Robert Stigwood was one of the most powerful figures in the entertainment industry. He owned the record label RSO and the rights to his artists’ music, including the Bee Gees. The soundtracks of films like “Saturday Night Fever” and “Grease” generated significant revenue, and Stigwood earned substantial profits from them. His net worth was estimated to be $300 million at the time of his death.

Components of Net Worth

Robert Stigwood’s net worth was primarily derived from his music publishing empire and his involvement in the film industry. He earned profits from managing and producing the music of successful artists like the Bee Gees and Cream. The success of films, such as “Saturday Night Fever” and “Grease,” contributed significantly to his net worth.

In summary, Robert Stigwood was an influential film and music producer who discovered and managed iconic artists like the Bee Gees. He played a pivotal role in the production of successful films and soundtracks, which greatly contributed to his net worth of $300 million.

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