Little Richard Net Worth
Little Richard had an estimated net worth of $40 million at the time of his death. Known for his flamboyant performances, Little Richard’s hit songs from the mid-1950s were defining moments in the development of rock ‘n’ roll. He earned most of his income from album sales, concerts and music streaming.
Little Richard helped define the early rock ‘n’ roll era of the 1950s with his driving, flamboyant sound. With his croaking, wailing, and screaming, he made songs like “Tutti Frutti” and “Long Tall Sally” big hits and influenced bands like the Beatles.
To calculate the net worth of Little Richard, 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:||$40 Million|
|Monthly Salary:||$200 Thousand|
|Annual Income:||$5 Million|
|Source of Wealth:||Singer, Keyboard Player, Pianist, Songwriter, Bandleader, Actor, Musician, Singer-songwriter|
Little Richard was the third of twelve children born on December 5, 1932, in Macon, Georgia. Bud, his father, was a stern man who made a living selling moonshine and didn’t do much to hide his disdain for his son’s early homosexual tendencies. Richard was ordered to leave the family home when he was 13 years old, and his relationship with his father was never repaired. Richard’s father was murdered outside a local bar when he was 19 years old.
The church played a significant role in shaping Richard’s childhood. Richard’s grandfather, two uncles, and father were all preachers, and he was as involved with the church as anyone in his family, singing gospel and eventually learning to play the piano.
Richard was taken in by a white family who owned a club in Macon after he moved out of his family’s home, where he eventually began performing and honing his talent.
Richard received his first major break in 1951, when a performance at an Atlanta radio station resulted in a record contract with RCA. Richard’s career did not take off as he had hoped, owing to a repertoire of mostly mild blues numbers that masked the searing vocals and piano that would come to define his rock music.
Richard met Specialty Records producer Art Rupe in 1955, who was looking for a piano-pounding frontman to lead a group of musicians in New Orleans. Richard entered the recording studio in September and pumped out “Tutti Frutti,” an instant Billboard hit that peaked at No. 17.
Several more rock hits followed over the next year and a half, including “Long Tall Sally,” “Good Golly Miss Molly,” and “Send Me Some Lovin’.” Little Richard, along with Elvis Presley and Jerry Lee Lewis, established rock as a legitimate musical form and inspired others, most notably the Beatles, to follow suit with their blood-pumping piano playing and suggestive lyrics.
Gospel Music and Return to Rock
Little Richard’s doubts about rock grew as his success grew, fueled by his previous connections to the church. In 1957, he abruptly and publicly retired from rock and roll and dedicated himself to the ministry and the recording of gospel songs. In 1959, he released his first religious album, God Is Real.
Following the release of the Beatles’ “Long Tall Sally” in 1964, Little Richard returned to rock music. Little Richard continued to perform and record over the years, and while public reaction did not match that of his earlier success, his significance in the development of rock music has never been questioned.
Awards and Honors
Little Richard was one of the original ten inductees into the Rock and Roll Hall of Fame in 1986. He received the National Academy of Recording Arts and Sciences’ Lifetime Achievement Award in 1993, and the Rhythm & Blues Foundation’s prestigious Pioneer Award a year later.
The once-dynamic performer eventually faded from the concert stage. During the summer of 2012, he became ill while performing in Washington, D.C. Little Richard died of a heart attack the following September. During an interview with Cee Lo Green in Atlanta, he described the incident as follows: “The other night, I had no idea I was having a heart attack.” I was coughing and my right arm hurt.’
The singer used baby aspirin, which his doctor said saved his life. “Jesus had something for me,” the deeply religious music icon said of his survival. He got me through.”
Little Richard’s agent confirmed that the singer died of bone cancer on May 9, 2020, in Nashville, Tennessee.
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