Jimmy Dean Net Worth
Jimmy Dean had an estimated net worth of $50 million at death. Jimmy Dean was a Grammy Award-winning country musician, actor, television host, and entrepreneur. He owned a hog-butchering company that he sold to Sara Lee in 1984. He earned most of his income from his albums, movies, and business.
Jimmy Dean, the legendary country singer, and entrepreneur, made his public debut with a band called the Tennessee Haymakers. While playing for the Texas Wildcats, he signed a record deal with Four Star Records, and his first single became a Top 10 hit in 1953. Dean went on to co-star in a number of films and television shows. He also continued to pursue music while also opening a hog butchering business.
To calculate the net worth of Jimmy Dean, 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:
|Net Worth:||$50 Million|
|Monthly Salary:||$100 Thousand|
|Annual Income:||$3 Million per year|
|Source of Wealth:||Entrepreneur, Singer, Businessperson, Actor, Presenter|
Jimmy Ray Dean was born on August 10, 1928, to working-class parents in Olton, Texas. Dean’s Depression-era upbringing in Plainview, Texas, saw him experience abject poverty. Dean’s father came and went in and out of his life, once slaughtering the young boy’s pet goat to put food on the table. Dean’s mother sewed clothes for him and his siblings out of sugar sacks, which drew scorn from his peers.
Dean later attributed his entrepreneurial spirit and burning desire to succeed to his hard-knock upbringing. “I think the kids at school who teased us about the clothes we wore and the house we lived in, and then my mother had to cut my hair… I think that was a good motivator,” Dean later told reporters. “Every time they laughed at me, they lit a fire, and there was only one way to put it out—show ’em I was as good as they were.”
Music was Dean’s only escape from his difficult life. Dean’s family, strict Southern Baptists, attended church every week, where Jimmy began singing in the choir. Dean’s mother taught him to play the piano when he was 10 years old, and he later learned to play the accordion, guitar, and harmonica.
Dean dropped out of high school to help support his family. At the age of 16, he joined the Merchant Marines, and two years later, he enlisted in the United States Air Force. Dean served at Bolling Air Force Base during his military career. He also continued to perform music in nightclubs in Washington, D.C. He made his public debut with the Tennessee Haymakers, and after his discharge from the military in 1948, he stayed in the area to form the Texas Wildcats.
He eventually signed with Four Star Records, and his first single, “Bummin’ Around,” became a Top 10 hit in 1953. His endearing, down-home personality and business acumen landed him his own radio show on WARL in Arlington, Virginia, where he performed music and interviewed music stars.
‘The Jimmy Dean Show’
In 1957, Dean turned his popular radio show into a CBS television show. The Jimmy Dean Show, as it was known at the time, helped expose previously unknown country stars such as Patsy Cline and Roy Clark. Dean continued to have musical successes of his own. In 1961, he released the single “Big Bad John,” which tells the story of a brave coal miner who saves his coworkers during a mine disaster. The single reached No. 1 on both the country and pop charts, earning Dean a Grammy Award and propelling the singer into the mainstream music industry.
Following the cancellation of his CBS show, Dean struck a deal with ABC to launch a new variety show, also titled The Jimmy Dean Show, in 1963. The Jimmy Dean Show launched the career of musician Roger Miller during its three years on the air, and it is also credited with introducing Jim Henson’s Muppets to mainstream audiences.
Dean was particularly fond of Rowlf, a piano-playing canine who frequently accompanied Dean. During this time, Dean was offered a large stake in what would become a multimillion-dollar Muppets fortune, but he declined for moral reasons, claiming that he hadn’t “earned it.”
TV and Film Roles
After Dean’s second variety show ended in 1966, he went on to appear in a number of films and television shows, including a role as Daniel Boone’s friend in the popular Daniel Boone series (1967-70) and a role in the James Bond film Diamonds Are Forever (1971), starring Sean Connery.
Dean maintained his musical career as well. Dean had another hit in 1976 with his single “I.O.U.,” a tribute to his mother. The song, which was released a few weeks before Mother’s Day, quickly reached the country charts’ Top 10.
Dean, a harsh critic of his own performances, believed he was a bad actor and musician and began exploring other options. Dean founded a hog butchering business in Plainview with his brother, Don, in the late 1960s.
The meat was ground by the brothers, while the seasoning was done by their mother. The Jimmy Dean Meat Co. was already profitable after six months. The Deans were making more than $75 million in profits by the late 1980s. Dean sold his company to Sara Lee Foods in 1984 and continued to serve as its spokesperson until 2003.
Later Years and Death
Dean released his autobiography, 30 Years of Sausage, 50 Years of Ham, in 2004, while living in semi-retirement. He was inducted into the Country Music Hall of Fame in February 2010.
Dean and his wife, singer/songwriter Donna Meade Dean, lived in Varina, Virginia, until their home was destroyed in a fire. Many of Dean’s legendary artifacts, including Elvis and Jim Henson memorabilia, were destroyed in the fire. Dean died on June 13, 2010, at the age of 81, and the couple rebuilt their house on their 200-acre estate.
Dean, who had been suffering from health issues in his final years, died while eating dinner in front of the television. His wife, Donna, three children, and two grandchildren survive him.
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