Frankie Lymon Net Worth At Death
Frankie Lymon had an estimated net worth of $9 Million at death. He was best known as the lead singer of the New York City-based rock & roll band The Teenagers, which consisted of five young boys. He earned more than $1 Million a year. He earned most of his income from his career as an American rock and roll/rhythm and blues singer and songwriter.
Lymon’s hit singles with the group included ‘Why Do Fools Fall in Love,’ ‘I Want You to Be My Girl,’ ‘I Promise to Remember,’ ‘The ABC’s of Love,’ ‘I’m Not a Juvenile Delinquent,’ ‘Out in the Cold Again,’ and ‘Goody Goody.’ The rock and roll singer contributed to several albums as a solo performer. ‘Frankie Lymon and the Teenagers,’ ‘Frankie Lymon at the London Palladium,’ ‘Rock & Roll with Frankie Lymon,’ and ‘Complete Recordings (Bear Family)’ were some of his hit albums. Lymon, who began using drugs after his career declined, died of a heroin overdose at the age of 25.
To calculate the net worth of Frankie Lymon, 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 student loans and credit card debt, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$9 Million|
|Monthly Salary:||$70 Thousand|
|Annual Income:||$1 Million per year|
|Source of Wealth:||Singer, songwriter|
Childhood & Early Life
Franklin Joseph Lymon was born in Harlem, New York City, New York, USA, on September 30, 1942. His mom, Jeanette Lymon, was a housekeeper, and his dad, Howard Lymon, drove a truck. They both sang in a gospel group called the Harlemaires.
Lymon got a job as a grocery boy when he was 10 to help his family make ends meet. At age 12, he met Herman Santiago, the lead singer of a local doo-wop band called Coupe De Villes. He eventually joined the group, which later changed its name to The Ermines and The Premiers.
In 1955, a neighbor gave the Premiers some love letters that his girlfriend had written. The letters were meant to inspire the musicians-to-be to write their own songs. This made the boys want to write a song called “Why Do Fools Fall in Love?”
The group, now called The Teenagers, then tried out for an American record producer named George Goldner. On the day of the audition, Santiago, the original lead singer, was late, so Lymon took his place and sang.
Goldner signed the group to Gee Records in 1956, and that same year, their first single, “Why Do Fools Fall in Love,” came out. The singles “I Want You to Be My Girl,” “I Promise to Remember,” “The ABC’s of Love,” and “I’m Not a Juvenile Delinquent” came out after this. The Teenagers changed their name to Frankie Lymon & the Teenagers soon after this.
In December 1956, their album “The Teenagers Featuring Frankie Lymon” came out. The next year, many singles came out, such as “Teenage Love,” “Out in the Cold Again,” and “Everything to Me.” In 1957, Lymon and the Teenagers split up while they were on tour in Europe.
Frankie Lymon then went on tour as a solo artist, and Roulette Record put out his singles. In 1957, his singles “My Girl” and “Little Girl” came out. The rock and roll singer’s solo album, “Rock & Roll with Frankie Lymon,” came out soon after these singles.
In 1959, he released the song “Up Jumped a Rabbit” as a single. In 1960, he put out the singles “Little Bitty Pretty One” and “Buzz Buzz Buzz.” At the beginning of the 1960s, Lymon’s career began to go downhill. The singer got hooked on heroin, and his voice changed from a high tenor to a deeper baritone.
He then put out a few more singles, including “Jailhouse Rock,” “Change Partners,” and “Young.” Later, Roulette got out of their contract with him, and Lymon went to a program to help him stop using drugs.
Over the next four years, the American singer had short-lived contracts with Columbia Records and 20th Century Fox Records. He was able to put out the singles “To Each His Own” and “Somewhere” on these labels.
Then, Lymon took part in a show at the Apollo. He also recorded a few live shows, but none of them did well. Then, in 1968, he got signed to the Big Apple label and put out a single called “I’m Sorry.”
With the group Frankie Lymon and the Teenagers, Frankie Lymon released the single ‘Goody Goody.’ Johnny Mercer and Matty Malneck wrote this song, which became a No. 20 pop hit.
His single “Why Do Fools Fall in Love?” was a huge success. It peaked at No. 6 on the Billboard pop singles chart and spent about five weeks atop the Billboard R&B singles chart.
His song, ‘I Want You to Be My Girl,’ was also a hit and impressed the public. It peaked at No. 13 on the Billboard Hot 100.
As a member of the group Frankie Lymon and the Teenagers, Frankie Lymon was inducted into the Rock and Roll Hall of Fame in 1993.
After he died, he was given a star on the Hollywood Walk of Fame for Recording at 7083 Hollywood Boulevard, California, on February 1, 1994.
As a member of Frankie Lymon and the Teenagers, the American singer was inducted into the Vocal Group Hall of Fame in 2000, even though she had already died.
Personal Life and Wife
Frankie Lymon started dating Elizabeth Waters, and they ended up getting married in 1964.
The couple had a baby girl, but she died at Lenox Hill Hospital just two days after she was born. Few people know that Lymon and Waters’ marriage was against the law because Waters’ wife was still married to her first husband.
Lymon started dating Zola Taylor after his marriage to Waters ended. It is said that they got married in 1965. But people said that their marriage was a publicity stunt and that there was no proof that they were married. Because Lymon liked to use drugs, the two broke up in 1968.
While this was going on, Lymon fell in love with Emira Eagle in 1967. In June 1967, they got married.
Lymon married more than one woman, and he was still married to Waters, Taylor, and Eagle when he died.
He was found dead on February 27, 1968. He had taken too much heroin. When he died, he was only 25 years old. He was laid to rest at Saint Raymond’s Catholic Cemetery.