What's the Combined Net Worth of INXS?
Hello there, music enthusiasts! Today, we're diving into the fascinating world of INXS, the iconic Australian rock band that took the globe by storm in the '80s and '90s. You might be wondering, "What's the combined net worth of INXS?" Well, buckle up, because we're about to find out! Guys, explore more in Net Worth and what is INXS net worth all together.
A Brief History of INXS
Before we jump into the moolah, let's take a quick stroll down memory lane. INXS, initially known as The Farriss Brothers, was formed in Perth, Australia, in 1977. The band consisted of six members: Michael Hutchence (lead vocals), Andrew Farriss (keyboards, guitar), Jon Farriss (drums), Tim Farriss (guitar), Kirk Pengilly (guitar, saxophone), and Garry Gary Beers (bass). They were known for their unique blend of new wave, dance, and funk influences, which earned them a spot in the Australian Recording Industry Association (ARIA) Hall of Fame in 2007.
INXS' Rise to Fame
INXS' popularity skyrocketed with their 1987 album Kick, which featured the hit singles "Need You Tonight" and "Devil Inside". This album alone sold over 20 million copies worldwide, making it their most successful record to date. Other popular albums include *The Swing (1985) and X (1990), which spawned hits like "What You Need", "Suicide Blonde", and "New Sensation".
What is INXS' Net Worth?
Now, let's get down to business. As of 2021, INXS' combined net worth is estimated to be around $60 million. Here's a breakdown of how they've amassed this fortune:
Music Sales and Streaming
INXS has sold over 30 million records worldwide, with their most successful albums selling millions of copies each. Even today, their music continues to generate income through streaming platforms like Spotify and Apple Music.
Touring and Live Performances
Before their hiatus in 1997, INXS was known for their energetic live performances and extensive touring. They've played at some of the world's most iconic venues, including Madison Square Garden and the Hollywood Bowl.
Merchandising
Like many successful bands, INXS has cashed in on their popularity with merchandise such as t-shirts, posters, and other branded items.
Songwriting and Publishing Royalties
Many INXS songs have been covered by other artists, generating additional royalties for the band. They also earn royalties from their songwriting catalog.
The Legacy of INXS
Despite the tragic death of lead singer Michael Hutchence in 1997, INXS' music continues to influence and inspire new generations of musicians. Their unique sound and iconic style have left an indelible mark on the music industry.
Michael Hutchence's Estate
After Hutchence's passing, his estate was estimated to be worth around $15 million. His family has since sold some of his personal belongings, including his Gibson guitar and a painting by Australian artist Brett Whiteley, to raise funds for charity.
INXS Today
INXS officially went on hiatus in 1997, but they reformed briefly in 2002 for a tour and again in 2012 for a series of shows in Australia. In recent years, the surviving members have focused on their own projects, but they continue to be involved in various INXS-related initiatives, such as the release of a greatest hits album and a documentary about the band.
Final Thoughts
So, there you have it, folks! INXS' combined net worth is around $60 million, thanks to their incredible musical legacy and successful career. While we may not hear new music from them anytime soon, their influence on the music world is undeniable.