With income from album sales and live performance, Frankie Lymon has amassed a net worth of $9 Million as of 2022.
Frankie Lymon was an American rock and roll singer and songwriter. He was born Franklin Joseph Lymon. He was best known as the lead singer of the rock and roll band The Teenagers, which was made up of five young boys from New York City.
Lymon had several hits with the group, including “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 has been on several albums as a solo artist. 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 most popular albums.
Lymon started using drugs when his career started to go downhill. At the age of 25, he was found dead from an overdose of heroin. He was buried at the Saint Raymond’s Cemetery in New York City after his untimely death.
When it came to his personal life, the American musician was a polygamist who was married to three beautiful women until the day he died. Why Do Fools Fall in Love, a movie from 1998, told the story of his music career.
Today we’re going to discuss how much money Frankie Lymon has and how he builds his net worth.
At the end of this article, we will also tell you how to get rich like Frankie Lymon. So be sure to read to the end.
Frankie Lymon Net Worth 2022
Frankie Lymon has an estimated net worth of $9 Million in 2022. His main income source is from his work as an American rock and roll/rhythm and blues singer and songwriter. He is best known as the soprano and lead singer of the early rock and roll doo wop group The Teenagers, which was based in New York City. He earned more than $1 Million a year.
The group consisted of five boys, all in their early to mid-twenties. Frankie Lymon, Jimmy Merchant and Sherman Garnes were the only members of The Teenagers who were not black. Joe Negroni and Herman Santiago were the only members of the group who were from Puerto Rico.
Frankie Lymon and his group, the Teenagers, put out a single called “Goody Goody.” This song was a No. 20 pop hit. It was written by Johnny Mercer and Matty Malneck.
Why Do Fools Fall in Love, his first single, was a huge hit. It reached No. 6 on the Billboard pop singles chart, and for about five weeks, it was at the top of the Billboard R&B singles chart.
His song “I Want You to Be My Girl” was also a hit and made a lot of people happy. It got to number 13 on the Billboard Hot 100.
At the age of 25, he was found dead on the floor of his grandmother’s bathroom. He had taken too much heroin. A member of the Teenagers, he was inducted into the Rock and Roll Hall of Fame after his death in 1993. Why Do Fools Fall in Love, a 1998 film, is based on his life.
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|
|Annual Income:||$1 Million+|
|Source of Wealth:||Singer, songwriter|
How Much Money Does Frankie Lymon Make From Songs and Music?
With an estimated net worth of $9 Million, Frankie Lymon makes millions of dollars from his songs and music.
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.”
What Houses Does Frankie Lymon Own?
Given Frankie Lymon’s wealth, you can assume that his house is more expensive than ordinary people’s. And since real estate is a common investment vehicle, we can safely assume that he owns several houses.
How Much Does Frankie Lymon Make A Year?
According to some reports, Frankie Lymon’s annual income is over $1 Million.
What Awards Did Frankie Lymon Receive?
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.
Frankie Lymon’s 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.
Frankie Lymon’s 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.
Frankie Lymon Height
Frankie Lymon is 1.64m tall.
Frankie Lymon Age and Birthday
Frankie Lymon was born on September 30, 1942, in Harlem, New York, U.S.. He died on February 27, 1968 (aged 25).
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How To Become Rich Like Frankie Lymon?
Frankie Lymon did not become rich by luck. To become as rich as Frankie Lymon, 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 Frankie Lymon one day.