Neil Young Net Worth 2022: Neil Young is a $200 million net worth Canadian singer-songwriter and musician. Neil Young is a multi-talented musician best known for his folk-rock tracks. Neil Young is one of the most popular and financially successful musicians, with a career spanning decades and innumerable record releases.
Neil Young has received numerous Grammys and Juno Awards during his long career in the music industry. He was also inducted into the Rock & Roll Hall of Fame twice, once as a solo artist and once with Buffalo Springfield.
Young’s record sales account for a great part of his net worth; it is estimated that he has sold over 75 million records throughout the years.
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Neil Young Early Life
Neil Percival Young was born in Toronto, Ontario, on November 12th, 1945. He spent most of his childhood in Canada and was diagnosed with Polio in 1952. After his mother divorced Young’s father when he was 12, he moved in with his mother.
After listening to Roy Orbison, Elvis Presley, Chuck Berry, and others in the mid-1950s, Neil Young became enamored with Rock n’ Roll. Young’s early musical experiences included playing the ukulele and banjo, among other stringed instruments.
While still in high school, Neil Young founded his first band, the Jades. He got so interested in the music scene that he dropped out of school to pursue a full-time career as a musician, eventually joining The Squires, a steady instrumental rock band.
Neil Young Net Worth 2022
|Neil Young Net Worth:||$200 Million|
|Date of Birth:||Nov 12, 1945 (76 years old)|
|Height:||5 ft 11 in (1.82 m)|
|Profession:||Musician, Songwriter, Film director, Actor, Film Producer, Film Score Composer, Screenwriter, Record producer, Activist|
Neil Young Career
Young began writing songs for the first time after leaving The Squires, penning.
“Sugar Mountain” and a slew of other folk classics. He also wrote The Guess Who’s “Flying on the Ground is Wrong,” which gave him his first taste of popular fame as a songwriter.
He later joined the Mynah Birds, a Rick James-fronted band. Young and Bruce Palmer relocated to Los Angeles after the group disbanded, searching for new chances.
After arriving in Los Angeles, Young and Palmer formed Buffalo Springfield with the help of many other musicians. The short-lived band only lasted two years, but they did manage to release three albums during that time.
The band was a critical triumph, and their folk-infused psychedelic rock gained popularity during the Peace Movement.
Neil Young released his first self-titled album as a solo artist in 1969. However, the album received mixed reviews after assisting in the formation of Crazy Horse and partnering with them on his second solo album.
Everybody Knows This Is Nowhere, and he fared better. Young dropped Crazy Horse for his third studio album, After the Gold Rush, and instead collaborated with other musicians.
Harvest was one of Young’s most commercially successful albums, with the single “Heart of Gold” reaching number one on the charts.
Neil Young became a popular and successful figure during the next few years due to his newfound mainstream fame, and he published a slew of commercially successful albums. “Old Man” was one of his most famous songs.
Neil Young bounced back with “Rockin’ in the Free World” in 1989 after an experimental phase that made him less popular. Furthermore, early Grunge musicians like Kurt Cobain frequently cited Neil Young as a key inspiration, boosting his reputation among younger generations.
Young shifted his concentration to activism during the next few years, writing poems about environmental issues and other issues. Neil Young said in 2020 that his “long-lost” record, Harvest, will be released shortly.
Neil Young Music Catalog Sale
Neil announced in January 2021 that he had sold a 50% ownership in his music repertoire for $150 million. He gave an investing entity called Hipgnosis 50% of the copyright and profits from around 1,120 tracks.
Spotify Joe Rogan Feud
Neil presented Spotify with a request in January 2022, posting a letter to social media and his website. He demanded that they either delete his music OR Joe Rogan’s podcast.
He requested this because Rogan’s show perpetuates vaccination misinformation, leading to avoidable deaths. However, Spotify ultimately decided not to remove Rogan’s program, so Neil followed through on his threat.
Surprisingly, Neil didn’t possess his master recordings at the threat — the right that allows someone to control where music is licensed (for example, on Spotify).
Warner Music owns his masters, and by forcing Spotify to take the music offline, they practically did him a favor. Unfortunately, Hipgnosis, which had just paid $150 million for half of his royalties stream, is the real loser in this decision. Platforms like Spotify create royalty streams.
Neil Young Personal Life
In 1968, Neil Young married Susan Avecedo, his first wife. She sought a divorce after the marriage lasted two years. Young was in a relationship with actress Carrie Snodgress for the next five years.
They had one child together during their partnership. Young married Pegi Young in 1978 after meeting her while working as a waitress at a café near his property. Pegi and Neil split in 2014 after 36 years of marriage. Neil Young met actress Daryl Hannah shortly after and married her four years later.
Neil Young is a vocal environmentalist who is particularly concerned about the plight of small farmers. He is also an advocate for electric vehicles and has become actively interested in the education of disabled youngsters.
Young was diagnosed with a brain aneurysm in 2005. He passed out two days later after bleeding extensively from a femoral artery, despite successful neuroradiological surgery.
Neil Young Business Ventures
Lionel, LLC, a firm specializing in model trains and related accessories, had Neil Young as a part-owner. Unfortunately, Neil Young lost all of his shares in the company when it went bankrupt in 2008.
But he is still on the board of directors. Moreover, young has been identified as a co-inventor on at least 7 patents connected to model trains. Thus, his status is far more than honorary.
Pono, an online music download and streaming service that promised to recreate high-quality analog recordings straight from the studio, was also founded by Young. Unfortunately, Pono was forced to close in 2017 after Apple purchased its operating firm, Omnifone.
Neil Young Real Estate
Neil Young paid $350,000 for Broken Arrow Ranch, a 1,000-acre ranch near La Honda, California, in 1970.
He later expanded the property by purchasing thousands of acres more. Finally, Neil advertised his longtime home in Hawaii for $24.5 million in November 2015. He eventually sold the house for $20 million in 2018.
Neil paid $3.6 million for a property in Malibu, California, from his girlfriend, Darryl Hannah, in 2016. Darryl paid $1.32 million for the 17.6-acre property in 2001.
She attempted to sell it for as much as $5 million at one point. Unfortunately, the residence was burned in the Woolsey fire in November 2018.