Freddie Mercury Net Worth at Death (Forbes) – How Did He Get Rich?

Freddie Mercury Net Worth 

Freddie Mercury has an estimated net worth of $50 million. Freddie Mercury is best known as one of the rock world’s most versatile and engaging performers and for his mock operatic masterpiece, “Bohemian Rhapsody.” He earned most of his income from album sales and concerts. 

Freddie Mercury was a singer-songwriter and musician whose music reached the top of the U.S. and British charts in the 1970s and 1980s. As the frontman of Queen, Mercury was one of the most talented and innovative singers of the rock era. Born Farrokh Bulsara in Tanzania, Mercury learned piano at a boarding school in India and then befriended numerous musicians at London’s Ealing College of Art. Mercury died on November 24, 1991, at the age of 45, of bronchial pneumonia triggered by AIDS.

To calculate the net worth of Freddie Mercury, 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: Freddie Mercury
Net Worth: $50 Million
Monthly Salary: $1 Million
Annual Income: $10 Million
Source of Wealth: Organist, Keyboard Player, Pianist, Record producer, Singer-songwriter, Singer, Musician

Early Life

Mercury was born Farrokh Bulsara in Zanzibar on September 5, 1946. Bomi and Jer Bulsara, Mercury’s parents, were Parsees, or followers of the Zoroastrian religion with Persian ancestors. Following their marriage, Bomi and Jer relocated to Zanzibar, Tanzania, where Bomi worked as a cashier for the British government’s High Court. The family was fairly well-off, with a nanny and other domestic workers. Kashmira, Mercury’s sister, was born in 1952.

Mercury’s parents sent him to a boarding school in Bombay (now Mumbai), India, when he was eight years old, where he studied piano and spent his free time with his aunt and grandparents. It didn’t take long for the charismatic young man to join his first band, the Hectics. Mercury returned to Zanzibar in 1963.

The family fled to London in 1964, following a bloody revolution on the islands. Mercury attended Ealing College of Art and became friends with several musicians.

Mercury became the lead singer for the band Ibex in 1969. He was a member of several other bands before joining forces with his future Queen bandmates.

Teeth and Vocal Range

Mercury was born with four extra teeth in the back of his mouth, which resulted in the now-famous bucktooth grin. In fact, his childhood nickname was Bucky.

Mercury never had his teeth fixed because he was afraid it would interfere with his four-octave vocal range.

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Mercury met his future bandmates, drummer Roger Taylor and guitarist Brian May, around the time he moved to London in the 1960s. In 1971, they joined forces with bassist John Deacon. The quartet, which Mercury named Queen, performed together for the first time in June of that year.

In 1973, Queen released their first album, titled Queen. It was followed shortly by the second album Queen II, recorded in just one month, in 1974. The album was the first taste of the group’s signature harmonies and musical styles, including ballads, folk, blues, metal, pop and rock, and included the single “Seven Seas of Rhye”.

However, Queen’s music did not really become popular until their third album, Sheer Heart Attack, also released in 1974.

With their sound described as a mixture of hard rock and glam rock, Queen had even greater success the following year with their fourth album, A Night at the Opera (1975).

Queen’s popularity continued to rise in the late 1970s and early 1980s with A Day at the Races (1976), News of the World (1978) and The Game (1980). After The Works (1984), the group’s ability to sell albums gradually waned, although Queen continued to draw large crowds worldwide as a live act.

In addition to his talents as a singer and songwriter, Mercury was also a skilled showman. He knew how to entertain and connect with audiences. He liked to wear costumes – often made of skin-tight spandex – and strut around the stage to encourage fans to join in. As an artist, Mercury was also actively involved in the creation of many of the group’s albums.

Mercury also led a lavish lifestyle. He loved champagne and enjoyed collecting art. He once spent more than $400,000 on a set of hand-painted china. Mercury was always up for a party and threw lavish celebrations of his own; for one particular birthday, he flew to the island of Ibiza with a group of friends. The occasion was celebrated with fireworks and flamenco dancing.

In 1989, Mercury largely withdrew from public life. He did not promote or tour the next Queen album, Innuendo (1991), and rumors of possible health problems made the rounds.

Before his death, Mercury was still working with Queen in the studio. This work was released in 1995 on Made In Heaven, the last album of the group with all original members. This collection of Mercury’s last performances reached the top of the British charts, although it was not forgotten.

Mercury and Queen were recognized for their contribution to American music history when they were inducted into the Rock and Roll Hall of Fame in 2001.

Songs by Freddie Mercury and Queen

‘Killer Queen’

“Killer Queen,” a song about a high-class call girl, was featured on Queen’s third album, Sheer Heart Attack. The single charted at No. 2 in the United Kingdom and No. 12 in the United States in 1974. Unlike most of his other work, Mercury wrote the lyrics first, followed by the music.

‘Bohemian Rhapsody’

For the 1975 album A Night at the Opera, Mercury wrote “Bohemian Rhapsody,” a seven-minute rock operetta. Mercury demonstrated his four-octave vocal range on this innovative track by overdubbing his voice. The song topped the charts in the United Kingdom and reached the Top 10 in the United States.

‘We Are the Champions’ and ‘We Will Rock You’

“We Are the Champions,” from the album News of the World, became a Top 10 hit in both the United States and the United Kingdom in 1978. It was released as a single alongside “We Will Rock You.” As popular anthems played at sporting events, both songs have taken on a life of their own.

‘Another One Bites the Dust’

Queen, who were always looking for new and different sounds, tried their hand at the disco-flavored “Another One Bites the Dust” from their 1980 album The Game.

‘Crazy Little Thing Called Love’

Mercury and the rest of the band demonstrated their range as performers on The Game with the rockabilly-influenced 1980 hit “Crazy Little Thing Called Love,” which Mercury wrote.

‘Under Pressure’ with David Bowie

Queen and David Bowie collaborated on “Under Pressure” in 1981. The song’s distinctive bass line was later reportedly used by Vanilla Ice for his 1990 rap hit “Ice, Ice Baby,” which became a No. 1 hit in the United Kingdom.

‘Radio Ga Ga’

Although Queen’s popularity began to wane in the mid-1980s, the band had a minor hit with “Radio Ga Ga” in 1984. Lady Gaga, a pop musician, got her stage name from the song.

Solo Career

Mercury, in addition to his work with Queen, released several solo albums, including Mr. Bad Guy in 1985. He also worked on Barcelona with opera singer Montserrat Caballé in 1988.

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Live Aid Performance

One of Queen’s most memorable performances was at the Live Aid charity concert in 1985. Mercury, dressed simply in a tank top and jeans, led the audience through some of the band’s greatest hits with great energy and style. Thousands of music fans at London’s Wembley Stadium joined him in chanting “We Will Rock You.”

For many who watched the event live or on television, Queen’s performance was one of the highlights of the day-long event, which was organized by singer and activist Bob Geldof and songwriter Midge Ure to raise funds for African famine victims. The band’s hit “One Vision” was inspired by the event.

Fiancé Mary Austin

Mercury was open about his bisexuality offstage, but he kept his relationships private. He was engaged to Mary Austin and was in a seven-year relationship with Jim Hutton when he died.

Austin and Mercury met in 1969, when she was a 19-year-old music store clerk and he was a 24-year-old on the verge of stardom. They began dating quickly, and Mercury wrote the ballad “Love of My Life” for Austin.

Mercury proposed in 1973, but the wedding was called off when he revealed to her that he was bisexual.

The two remained close, and Austin cared for Mercury after he was diagnosed with AIDS. Mercury bequeathed the majority of his estate, as well as his London mansion, Garden Lodge, to Austin, who later married and had two children.

“All my lovers wondered why they couldn’t replace Mary, but it’s simply impossible,” Mercury said in an interview in 1985. “Mary is my only friend, and I don’t want anyone else.” She was my common-law wife to me. It felt like a marriage to me. We have faith in each other, and that is enough for me.”

Boyfriend Jim Hutton 

Mercury met Hutton, an Irish hairdresser, in a gay nightclub in London in the 1980s. Mercury offered to buy Hutton a drink, but Hutton didn’t recognize him and declined.

A year and a half later, they reconnected at another nightclub. They started dating again this time, and Hutton moved in with Mercury less than a year later. Despite the fact that Mercury never came out, the couple remained together until Mercury died of AIDS in 1991.

Austin allegedly kicked Hutton out of Garden Lodge after Mercury died. Mercury and Me, a book about Hutton’s relationship with the singer, was later published. He died of cancer at the age of 60 in 2010.


Mercury died on November 24, 1991, at his London mansion, of AIDS-related bronchial pneumonia. He was 45 years old at the time.

Mercury issued the following statement the day before his death, on November 23, 1991: “I’d like to confirm that I’m HIV-positive and have AIDS. To protect the privacy of those around me, I felt it was appropriate to keep this information private to date. However, the time has come for my friends and fans all over the world to learn the truth, and I hope that everyone will join my doctors and all those fighting this terrible disease.”

Roger Taylor, Mercury’s longtime friend and bandmate, provided some insight into Mercury’s decision to keep his AIDS diagnosis private. According to Entertainment Weekly, Taylor stated, “He didn’t want to be looked at as an object of pity and curiosity, and he didn’t want circling vultures over his head.” The music industry mourned the death of one of its most versatile and engaging performers.

In April 1992, Wembley Stadium hosted the Freddie Mercury Tribute: Concert for AIDS Awareness in his memory. From Def Leppard to Elton John, a diverse range of rock acts performed to honor Mercury and advance the fight against the disease that took his life. The following year, Mercury’s mock operatic masterpiece, “Bohemian Rhapsody,” appeared in the film Wayne’s World and returned to the Billboard 100 pop charts, demonstrating its timeless appeal.

‘Bohemian Rhapsody’ Movie

Bohemian Rhapsody, a 2018 film starring Mr. Robot’s Rami Malek as Mercury, follows Queen’s rise leading up to their legendary Live Aid performance in 1985.

Following the release of the film, Queen’s music experienced a resurgence in popularity decades after their last studio album. The group’s song “Bohemian Rhapsody” jumped from 87th to 15th on Spotify the day before the film’s release, and it reached the Billboard 100 for the third time.

Further Reading

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How To Become Rich Like Freddie Mercury?

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