Legendary singer-songwriter Tom Petty passed away at the age of 66. He left behind a legacy of music with his band Tom Petty and the Heartbreakers. Together, he and his band have sold over 80 million records worldwide. Petty is a powerhouse of music who sadly left this earth Monday afternoon.
Tom Petty and the Heartbreakers have made a lot of hits, selling out concerts and living the life of rock stars. Petty has produced 11 top 10 albums throughout his illustrious career that has spanned nearly five decades. After all these years, let’s see how much money this guy has pulled in the bank.
Tom Petty Net Worth as of 2019: $95 Million
Petty has racked up a total of $95 million dollars over the course of his career. He has led his band to 17 Grammy nominations and so much dang money. His passion for music paid off big time. Petty’s talent is hard to match, and he’s definitely worth every penny of the sweet $95 mill. Forbes ranked Petty number 17 out of its 25 most highly paid musicians in the world. They also confirmed that the annual income for Tom Petty and the Heartbreakers ranks up to $35 million.
1974 – 1988
Before the Heartbreakers, Tom Petty part of a few bands who only gained minimal success, such as the Sundowners, the Epics, and Mudcrutch. His bands were popular done in Gainesville, Florida, but failed to gain significant attention anywhere else. After Mudcrutch dissolved, Petty went off on his own. However, his solo career didn’t last for long as Petty got together with his old bandmates, added a couple new members, and, soon enough, Tommy Petty and The Heartbreakers were formed.
Tom Petty and the Heartbreakers’ self-titled album was released on November 9, 1976. It didn’t receive much attention in the United States but gained tremendous recognition in the United Kingdom following the band’s tour of the country. The album eventually peaked at number 55 on the U.S. chart in 1978.
In stark contrast with the band’s debut album, You’re Gonna Get It! was a major success as it quickly became platinum and sold close to two million records. The band continued their success with their next two albums, Damn the Torpedoes and Hard Promises, both of which became multi-time platinum records that were ranked in the top 5 of the Billboard 200. The fifth album, Long After Dark, didn’t rank as well, but still went gold in both the U.S. and Canada.
1988 – Present
Petty joined another band in 1988, this one was called Traveling Wilburys and was being led by former Beatles’ guitarist George Harrison. The band released several different albums from 1988 to 1991. They were described as “the ultimate supergroup” by The New Rolling Stone Encyclopedia of Rock & Roll. The band was comprised of Tom Petty, George Harrison, Bob Dylan, Jeff Lynne, and Roy Orbison.
In 1989, Petty released his debut solo record Full Moon Fever, which reached number 3 on the U.S. Billboard 200. Two years later, he reformed his infamous band with The Heartbreakers and released their eighth studio album, Into the Great Wide Open. The album’s first single “Learn To Fly” stayed at the number one spot of Billboard’s Mainstream Rock Tracks chart for six weeks, becoming the band’s highest charting single of all-time.
In 2002, Tom Petty and the Heartbreakers were formally inducted into the 2002 Rock and Roll Hall of Fame.
Altogether, Tom Petty and the Heartbreakers have released 13 albums, selling over 20 million records worldwide. On July 29, 2014, the band released their thirteenth and final studio album Hypnotic Eye, which reached the number one spot in the U.S. Billboard 200, the Canadian Albums Chart, and the U.S. Top Rock Albums. The band continued to play well into 2017. That year, the band set off on their 40th Anniversary Tour of the United States.
Besides his career in music, Tom Petty has also dabbled in acting. He has appeared in the 1997 film The Postman and on a 2002 episode of The Simpsons. His most prominent acting role was on the FOX animated sitcom King of the Hill. He played the role of a redneck named Elroy “Lucky” Kleinschmidt from 2004 to 2009.
Sadly, the rock legend Tom Petty passed away on Monday, October 2, 2017. R.I.P.
Acclaimed singer, record producer, and songwriter, Tom Petty will be given a much-deserved tribute, after his death last October, by Ultimate Music Guide who will celebrate his formidable catalog.
2019 marks several important anniversaries for Tom Petty as it will be the fortieth anniversary of “Full Moon Fever”.