Bruce Springsteen rejects reports that he's a billionaire: 'They got that real wrong'

• Bruce Springsteen has rejected reports that he's a billionaire.
• Forbes estimates Springsteen to beryllium worthy $1.2 billion.
• "I wish I was, but they sewage that existent wrong," nan vocalist said.

Bruce Springsteen has rejected reports that he's a billionaire successful a caller interview, saying he's frittered distant excessively overmuch money connected things he didn't need.

Springsteen, 1 of nan astir iconic names successful music, has sold much than 140 cardinal records worldwide and won 20 Grammy Awards complete nan people of his career.

His net sewage a awesome boost successful 2021 aft he sold his euphony catalog to Sony for astir $500 million, while his 2023 world circuit brought successful a further $380 cardinal successful revenue, according to Pollstar.

In July, Forbes said that nan vocalist had entered nan billionaire nine for nan first time, putting his nett worthy astatine $1.1 billion.

Forbes' real-time nett worthy tracker suggests that fig has continued to emergence complete nan past fewer months, estimating his existent nett worthy to beryllium $1.2 billion.

But Springsteen, 75, precocious told The Telegraph that specified numbers were measurement off.

"I'm not a billionaire," Springsteen said. "I wish I was, but they sewage that existent wrong."

"I've spent excessively overmuch money connected superfluous things," he added.

The musician, famed for hits specified arsenic "Born successful nan USA" and "Thunder Road," was speaking to The Telegraph up of nan merchandise of his caller documentary, "Road Diary: Bruce Springsteen and nan E Street Band."

Following a caller screening of nan movie successful London, attended by Business Insider, Springsteen besides shared different measurement he uses immoderate of his rate — paying his set "a tremendous magnitude of money."

The vocalist said that maneuver had been cardinal to his profession occurrence and longevity.

"If you get nan creation right, nan euphony right, and nan set right, you spell retired and play each nighttime for illustration it's your past nighttime connected Earth. That was nan serial accuracy of nan band, and we're sticking to it," he said.

Springsteen has antecedently opened up astir immoderate of nan financial troubles he faced early successful his profession aft he said he hadn't paid immoderate of his taxes.

In an question and reply pinch Tom Hanks astatine nan Tribeca Film Festival successful 2017, nan vocalist said candidly connected nan topic, saying: "First of all, I ne'er met anyone successful New Jersey who paid his taxes," per Vanity Fair.

"They came aft us. I had to activity for a mates of years for personification else," he said. "Not only did I person to salary each nan taxes that I hadn't paid, and past bills that I hadn't paid."

"In 1980, I deliberation I had astir $20,000 to my name," he added.