Eddie Van Halen Net Worth at Death – How Did He Get Rich?

Eddie Van Halen Net Worth 

Eddie Van Halen had a net worth of $100 million at the time of his death in 2020. Guitarist Eddie Van Halen was best known as the founder of the band Van Halen, which dominated the hard rock scene in the 1970s and 1980s. He earned most of his income from album sales, concerts and music streaming

Guitarist and singer Eddie Van Halen founded the band Van Halen with his brother Alex in 1974. His nimble guitar riffs and singer David Lee Roth’s onstage antics caught the attention of Kiss guitarist Gene Simmons in 1977, who financed and produced the band’s first recording session. The band’s sixth album, 1984, included the hits “Panama” and “Jump” and made the hard rock quartet a household name.

To calculate the net worth of Eddie Van Halen, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Eddie Van Halen
Net Worth: $100 Million
Monthly Salary: $1 Million
Annual Income: $10 Million
Source of Wealth: Musician, Songwriter, Guitarist, Keyboard Player, Record producer, Author, Bassist, Drummer

Early Years

Edward Lodewijk Van Halen was born in Nijmegen, the Netherlands, on January 26, 1955, and moved to California with his family in the early 1960s. Eddie and his brother, Alex, took classical piano lessons as children in Pasadena, mostly improvised classical, and Eddie, in particular, emerged as an early musical standout. Eddie switched to guitar and Alex to drums as teenagers, abandoning classical music to form the rock band Mammoth.

Van Halen was formed in 1974 by the Van Halen brothers, vocalist David Lee Roth, and bassist Michael Anthony. Within a few years, the band had become hugely popular in the Los Angeles rock scene, thanks to Eddie’s signature guitar sound and Roth’s equally distinct vocals.

Early Success

Kiss bassist Gene Simmons discovered the band at a local club in 1977 and financed and recorded their first recording session. Van Halen soon signed with Warner Bros, and in 1978, the band released its self-titled debut album, which included the hit single “Runnin’ With the Devil.” Eddie’s electric guitar riffs and Roth’s witty antics propelled the album to platinum status within six months of its release.

Van Halen went on to become one of the hardest working and most profitable bands in the recording industry over the next few years, releasing a string of multi-platinum albums in quick succession, including 1979’s Van Halen II, 1980’s Women and Children First, 1981’s Fair Warning, and 1982’s Diver Down. However, true superstardom did not arrive until 1984, when he released the now-classic mega-hits “Jump,” “Panama,” and “Hot for Teacher,” with videos for each burning up MTV.

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The Band Breaks Up (a Few Times)

Despite or because of their newfound celebrity, tensions between Roth and the other band members began to rise during this period. Roth left the band in 1985, after releasing his own successful solo album, to be replaced by former Montrose frontman Sammy Hagar.

Van Halen put out several successful albums with Hagar as frontman, including 5150 in 1986 and For Unlawful Carnal Knowledge in 1991. Van Halen Live: Right Here, Right Now, the band’s first double-live album, was released in 1993.

However, by the mid-1990s, tension had resurfaced. Eddie had a history of alcoholism, but the new decade found him sober, and the newly sober Eddie and the unrepentant wild man Hagar constantly butted heads. Following these squabbles, Hagar’s final Van Halen album would be 1995’s Balance. He did, however, briefly rejoin the band in 2004 for a greatest hits release and tour.

Roth returned for a much-publicized Van Halen reunion shortly after Hagar’s departure. Roth left the band again after recording two songs for a greatest hits album and performing with them at the MTV Music Awards. Gary Cherone, formerly of the heavy metal band Extreme, took his place this time. Cherone’s debut album with the band, Van Halen III, was released in 1998, but poor sales forced him to leave.

Later Music and Personal Life

Eddie married Valerie Bertinelli in 1981, and Wolfgang, their son, was born in 1990. In July 2002, the couple announced their separation, and four years later, they divorced. Van Halen married his three-year girlfriend Janie Liszewski in 2009.

Roth returned to the band in 2012, and the band released A Different Kind of Truth, their first album with Roth since 1984. Van Halen opened the Billboard Music Awards in May 2015 with Roth, performing their old hit “Panama,” which served as a prelude to the band’s 2015 summer tour.

Death

Van Halen passed away on October 6, 2020, after a long battle with cancer.

Further Reading

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How To Become Rich Like Eddie Van Halen?

Eddie Van Halen did not become rich by luck. To become as rich as Eddie Van Halen, you have to work smart.

Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.

Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.

Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.

You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.

If you seize this golden opportunity in time, you can become as successful as Eddie Van Halen one day.

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