Ike Turner Net Worth at Death – Salary, Income, Earnings

Ike Turner Net Worth 

Ike Turner has an estimated net worth of $500 Thousand at the time of his death. Ike Turner made a string of R&B hits with singer and wife Tina Turner. He struggled with drug addiction and died of an accidental cocaine overdose. He earned most of his income from album sales and concerts. 

R&B legend Ike Turner grew up listening to the blues. In 1956, he met teenage girl and singer Anna Mae Bullock. He married her and helped create her stage persona, Tina Turner. The two formed the Ike & Tina Turner Revue and created several R&B hits, including “I Idolize You,” “It’s Going to Work Out Fine” and “Poor Fool.” Their cover of Creedence Clearwater Revival’s “Proud Mary” earned the duo their first and only Grammy Award together in 1971. Their last hit together was “Nutbush City Limits,” written by Tina and released in 1973. Turner died of a cocaine overdose on December 12, 2007 in San Marcos, California.

To calculate the net worth of Ike Turner, 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: Ike Turner
Net Worth: $500 Thousand
Monthly Salary: $10 Thousand
Annual Income: $200 Thousand
Source of Wealth: Record producer, Songwriter, Singer, Musician, Bandleader, Music Arranger

An Early Musical Start

Ike Wister Turner was born in Clarksdale, Mississippi, on November 5, 1931. (While his full legal name was Ike Wister Turner, he spent much of his childhood thinking it was Izear Luster Turner Jr., after his father.) Turner began playing boogie woogie blues on the piano as a child, which he learned from Pinetop Perkins. He eventually learned to play the guitar.

Turner formed the Kings of Rhythm band in the late 1940s. He and his band traveled to Memphis in 1951 to record at the legendary Sun Studios, which was run by recording legend Sam Phillips. Many consider their song “Rocket 88” to be the first rock and roll recording. It was released as Jackie Brenston & His Delta Cats and went to number one on the R&B charts.

Brenston was Turner’s lead vocalist who eventually left to go solo. Turner and his band remained in Memphis, frequently participating in recording sessions with blues legends such as Elmore James and Buddy Guy. In addition to being a musician, he worked as a talent scout for Modern Records, where he discovered B.B. King and Howlin’ Wolf.

Ike and Tina

Turner’s life began to change dramatically in 1956, when he met a teen named Anna Mae Bullock. The young singer joined the band and quickly became friends with Turner. Ike helped Anna Mae become Tina Turner by changing her name and creating her stage persona after the couple married in 1958. In the early 1960s, they were performing as the Ike & Tina Turner Revue and scoring a string of R&B hits, including “I Idolize You,” “It’s Going to Work Out Fine,” and “Poor Fool.”

In the late 1960s, Ike and Tina were invited to open for the Rolling Stones, which introduced their bold style of soul-infused rock music to a new audience. They achieved crossover success with their cover of Creedence Clearwater Revival’s “Proud Mary,” which charted on both the pop and R&B charts. In 1971, this song earned them their first and only Grammy Award (for best R&B vocal performance by a group). Tina’s last hit with them was “Nutbush City Limits,” which was released in 1973.

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Abuse Allegations

While they had been a successful stage act for many years, Ike and Tina Turner lived a very different life away from the spotlight. Tina finally left Ike in 1976 after years of abuse due to Ike’s alleged drug problem. She later revealed the details of the abuse in her autobiography, I, Tina, published in 1986. Her novel was adapted into the 1993 film What’s Love Got to Do With It, starring Angela Bassett as Tina and Laurence Fishburne as Ike.

The film depicted Ike as a wife-beating musical talent who was frequently high on drugs. Both Bassett and Fishburne were nominated for Academy Awards for their performances. But Ike repeatedly denied the allegations in the book and vehemently opposed his portrayal on screen. In his 1999 autobiography, Takin’ Back My Name, he did admit to hitting her.

Ike struggled professionally and personally while Tina’s solo career flourished in the 1980s and 1990s. His drug problem led to an 18-month prison sentence for cocaine possession from 1990 to 1991. The Ike and Tina Turner Revue was inducted into the Rock and Roll Hall of Fame in 1991, but he was still incarcerated and had to miss the ceremony.

Later Success

Turner experienced a career renaissance near the end of his life. In 2001, he released Here and Now, his first commercial album in 23 years. It received a Grammy nomination (best traditional blues album). Turner won the W.C. Handy Blues Awards’ 2002 Comeback Album of the Year the following year. He went on to win a Grammy for his next original recording, Risin’ with the Blues, which was released in 2006.


Turner died of a cocaine overdose in his San Marcos, California, home a year later, on December 12, 2007. High blood pressure and emphysema were both factors in his death. Turner, a blues legend, left an indelible mark on the musical world even after his death.

Further Reading

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