Jimmy Buffet Net Worth and Personal Life [Updated 2023]

On 1 September 2023, the singer passed away at the age of 76 because of a rare skin cancer. The news is heartbreaking to each of us, being his long-time fan. What some people are lately concerned about is Jimmy Buffett’s monetary accumulation. How much did he earn in his music career until his death?  

Jimmy Buffett was a great music artist from Pascagoula, Mississippi. He made his debut in the music industry in 1963 and continued until the very last day of his life. When it comes to Jimmy’s great works, the hit ones are- Somewhere Over China, Last Mango in Paris, Buffet Hotel, High Cumberland Jubilee, Fruitcakes, Frenchman for the Night, etc. 

Besides music, Jimmy Buffett was also a businessman. He was involved in other ventures, including casinos, sports, restaurants, etc. That became another great source of his wealth. 

Coming back to Jimmy Buffett’s net worth, his primary income source was music. That included the sale of his musical works, live concerts, and tours. Along with that, his collaborations, business ventures, and acts also helped him earn good. So, how much was it? Here is what we know about Jimmy Buffett’s net worth.  

Jimmy Buffett Net Worth
Jimmy Buffett (Credit: People Magazine)

Also Read: Gautam Gulati Net Worth 2023

Jimmy Buffett Net Worth: Earnings Revealed

Talking about his monetary earnings, Jimmy Buffett’s net worth at the time of his death was estimated to be a whopping $1 billion. As mentioned earlier, it was mainly from his music and then from business ventures. Over the years, Jimmy Buffett’s net worth increased a lot. Back in 2020, it was reported to be $600 million. In such a short time, he made it into billions. Such was his prominence. 

His salary was estimated to be around $6 million. Well, from his tours and recordings, he reportedly made a lump sum amount worth $570 million. Again, the planes, real estate properties, stock ownership, and other assets added $150 million to his total net worth. 

While we talk about Jimmy Buffett’s net worth, one must note that it includes Margaritaville. Back in 1994, during an interview, Jimmy said, “If you are an artist, if you want to have control of your life, then you gotta be a businessman, like it or not.” 

Jimmy Buffett Net Worth
Jimmy Buffett (Credit: Parade)

As mentioned above, Jimmy Buffett’s net worth also included money from stock ownership of certain companies. On that note, some of those brands are- Apple, Amazon, Intel, Netflix, Tesla, and many more. Also, his partnership with the OSI Restaurant Partners gave birth to the famous “Cheeseburger in Paradise” restaurant concept. 

Jimmy owned several luxurious cars. Some of them are- Ferrari GTC4, Bentley Continental GT, Rolls-Royce Dawn, and many more. In addition to this, he also owned a Bugatti Divo worth $7 million. Not everyone knew that this legendary singer owned and flew several airplanes, which included- a Grumman Albatross, a Boeing Stearman, and a Cessna Caravan. 

How can we forget to mention Jimmy Buffett’s real estate investments? He owned a 14,500 sq. ft house worth $18 million. It was reported that he spent $5 million on the renovation of the mansion.

It was not an easy journey, of course. Jimmy Buffett always had a willingness to establish his business, irrespective of his musical career. Not everyone knew that he had an excellent business mind, which eventually earned him good. That’s both in terms of money and recognition across the world.

It feels very sad to accept that Jimmy Buffett is no longer with us. However, being his big-time fan, we will continue cherishing each of his works until the very last day. May Jimmy Buffett’s soul rest in peace. 

Also Read: Ricky Martin Net Worth

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