Steven Adler Net Worth

Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality
$10 million N/A January 22, 1965 Cleveland, Ohio Male N/A Musician American

What is Steven Adler’s Net Worth?

Steven Adler, born on January 22, 1965, in Cleveland, Ohio, is an American musician with a net worth of $10 million. He gained worldwide recognition as the drummer for the rock band Guns N’ Roses. Adler also served as a songwriter for the band, contributing to their success in the 1980s. However, his addiction to heroin led to his dismissal from the band in 1990, affecting his work ethic and musical abilities.

Highlights

Steven Adler’s career highlights include being the drummer of Guns N’ Roses, one of the most iconic rock bands of all time. With the band, he released the highly successful albums “Appetite for Destruction” (1987) and “G N’ R Lies” (1988). Adler’s contributions to these albums helped launch the band to international fame. He was also inducted into the Rock and Roll Hall of Fame in 2012 alongside his former Guns N’ Roses bandmates.

Early Life

Steven Adler, originally named Michael Coletti, was born on January 22, 1965, in Cleveland, Ohio. He was raised by his mother Deanna and his adoptive father Melvin Adler. Adler’s parents divorced when he was young, and he moved to Los Angeles with his mother and older brother Kenny. Adler attended Bancroft Junior High School, where he became friends with Saul Hudson, who is now famously known as Slash. Adler started playing drums as a teenager.

Career

After returning to Hollywood in 1983, Steven Adler auditioned for the metal band London but was not selected. Subsequently, he formed his own band, Road Crew, with Slash. They were later joined by bassist Duff McKagan. However, Road Crew disbanded due to the inability to find the right lead singer. Adler then briefly joined Axl Rose’s band Hollywood Rose, which also included guitarist Izzy Stradlin. In 1985, Adler and Slash joined forces with Rose, Stradlin, and McKagan to form Guns N’ Roses. The band gained immense popularity and released their debut album “Appetite for Destruction” in 1987, which became a massive success. After his dismissal from Guns N’ Roses in 1990, Adler formed and played in various other bands throughout his career, including Adler’s Appetite.

Personal Life

Steven Adler has been married twice. His first marriage was to Cheryl Swiderski in 1989, but they divorced in 1990. He then married Carolina Ferreira in 2002. Adler has struggled with drug addiction throughout his life and has faced legal troubles related to his addiction. He suffered a stroke and temporary paralysis of the left side of his face after taking a speedball in 1996. He has also been involved in domestic violence incidents and received probation and jail time as a result. In June 2019, Adler was hospitalized after an accidental stabbing.

Net Worth Over Time

Steven Adler’s net worth has fluctuated over the years. Throughout his career with Guns N’ Roses, he earned a substantial income from album sales, tours, and royalty payments. However, his addiction and subsequent dismissal from the band impacted his earnings. In 1991, Adler sued his former bandmates and received a settlement of $2.25 million in back-payment and ongoing royalties. In the following years, his net worth may have been affected by his involvement in various musical projects and personal struggles.

Components of Net Worth

Steven Adler’s net worth primarily comes from his career as a musician, particularly his time with Guns N’ Roses. His earnings include income from album sales, tours, and royalties. Additionally, he has made money through his involvement in other bands and his solo projects. Adler’s net worth may also be influenced by his personal investments and endorsements, although specific information regarding these aspects is not disclosed publicly.

Overall, Steven Adler’s net worth is estimated to be $10 million, which he has earned through his successful music career and his contributions to the iconic band Guns N’ Roses. Despite personal struggles and legal issues, Adler’s talent and contributions to rock music have solidified his place in music history.

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