Friday, January 20, 2023

What was David Crosby’s net worth? The Byrds founder sold publishing rights to keep the family afloat during the pandemic

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LOS ANGELES, CALIFORNIA: Rock legend David Crosby has died aged 81. He is one of the most talented artists to be twice inducted into the revered Rock and Roll Hall of Fame. Meanwhile, even during the pandemic, he has revealed that his income has been minimal and he has had to sell his publishing rights.

According to Rock Celebrities, he had said in an interview: “So I’m trying to be thankful that I can still play live and pay the rent and take care of my family. But then Covid comes and I can’t play live. That was it. Now I’m broke. I don’t want to lose my home, man.”

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What is David Crosby Net Worth?

According to Celebrity Net Worth, he had a net worth of $10 million at the time of his death. Although he had a good net worth, he had also experienced some major financial setbacks, including a difficult setback after a car accident that resulted in a $3 million settlement. He had also sold his music catalog rights to Irving Azoff for a payday of over $20 million. His fortunes have been marred by his health issues, including hepatitis C, type 2 diabetes and substance abuse. When he sold his rights, he said, “It wasn’t a thing I wanted to do, but this deal with Irving made it possible for me not to worry about the money.” That was really scary. We were really afraid that we would lose it. I couldn’t work live and I couldn’t make money from records. This deal made a difference for us. It really helped a lot,” RollingStone said.

According to The Richest, Crosby made his entire fortune from his successful songwriting, singing, and musical performances. Crosby is also one of the 10 highest paid signers of 2013. His favorite car in his collection was the Tesla Sedan. In an interview with Robb Report he once said: “Always, and I’ve been fortunate enough to own a lot of the really great ones – Ferraris, Mercedes, BMWs. I now own a Tesla sedan. It’s a stunning car, and I’d rather have it than a Rolls. What blows everyone’s mind is that it’s so drastically fast. But when you own it for a while, you have to become a more precise driver because it’s incredibly accurate and precise. They get to see how well you can ride it because it can handle whatever you bring to the party.”

He added: “I also have two BMWs, a Ford Excursion that runs on biofuel and, probably the most interesting, a 1940 Ford pickup with a slightly warm V-8 in it. It’s the first motor I’ve touched since I built it with a friend who’s a lot better at it, who stood over me and said, “That’s the right part, but you put it in the wrong way around.” It was great fun.”

Meanwhile, he had his lavish home in Santa Yanez, just 30 miles from Santa Barbara. He lived in this room with his wife and two horses. Happy to stay in Santa Yanez, he claimed, “There’s no star stuff, there’s no TMZ stuff. There is no silliness in my job.

Crosby had also donated to various charities including Autism Speaks, Plastic Pollution Coalition, Rock CAN Roll, The Guacamole Fund, TJ Martell Foundation and WhyHunger. Some of the causes he has actively worked for include AIDS & HIV, Autism, Cancer, Children, Conservation, Economic/Business Support, Education, Environment, Health, Hunger, Mental Health Challenges, Oceans, Peace & Poverty, according to Look to the Stars. He had also worked with the Seva Foundation as an ambassador. The organization emphasizes “local communities around the world to develop self-sustaining programs that preserve and restore vision.” As her ambassador, Crosby once said, “Seva has done an incredible job around the world to help people who really need it, per Seva.org

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