What Is Tom Petty's Net Worth?

The legendary musician Tom Petty, who passed away on Monday, had a net worth of $95 million as of 2017 and was reportedly the highest paid musician in the world.

Tom Petty and the Heart breakers bands annual income in 2011, was  $35 million and the major chunk of the band's annual take went to Petty for over 5 decades.

According to Forbes, Petty is ranked number 17 out of 25 and is listed among the most expensive musicians across the world having amassed wealth worth $95 million in his illustrious career excluding the bulk of the band's annual take. 

 His solo album, Full Moon Fever went five times platinum as it rocked No.3 on the Billboard 200 and amassed $7.5Million worldwide, a commercial hit in 1989. Riding high on fame, Petty along with the band has 10-11 albums that sold over 80 million records worldwide.The band's career took off way back in 1970's with back to back hits like "Listen to Her Heart" and "American Girl", Rock 'n' roll's MVP recorded albums that have earned an estimated $750,000 in sales. "Wildflowers" was certified triple-platinum and earned around $4.5 million in album sales. The Heartbreakers' album,"Into the Great Wide Open", was certified double platinum with two million copies sold, earning $3.0 million in sales.

According to reports, Petty was rushed to the UCLA Santa Monica hospital after he collapsed on Monday in his Malibu home. The singer was later declared dead at 8:40 PM PST surrounded by his family, friends, and bandmates.

Petty and the Heartbreakers band had played a sold-out show at BST Hyde Park in London recently as they finished their 40th-anniversary tour. Petty performed his final show a week ago at the Hollywood Bowl as the conclusion of the tour, reported CBS News.

The legendary musician last year had also hinted about his retirement post the 40th-anniversary tour in London and expressed his desire to spend time with his granddaughter.

He has over 17 Grammy Award nominations to his credit and continued making music at until his death at age of 66. In an interview with Rolling Stone Magazine, he spoke of spending time with his granddaughter instead of performing on tours. Petty said this would be the group's "last big one" together.

"It's very likely we'll keep playing, but will we take on 50 shows in one tour? I don't think so. I'd be lying if I didn't say I was thinking this might be the last big one. We're all on the backside of our sixties. I have a granddaughter now I'd like to see as much as I can. I don't want to spend my life on the road. This tour will take me away for four months. With a little kid, that's a lot of time," he said.

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