Tina Turner's Net Worth

Tina Turner’s Net Worth

Net Worth: $250 Million
Date of Birth: Nov 26, 1939 (82 years old)
Gender: Female
Height: 5 ft 4 in (1.626 m)
Profession: Singer, Actor, Author, Record producer, Dancer, Choreographer
Nationality: United States of America

Tina Turner’s net worth

Singer and composer Tina Turner were born in the United States but now lives in Switzerland. Tina Turner’s net worth is an estimated $250 million. Tina is a legend in the music industry, with her albums selling millions. Over 200 million copies of her albums have been sold as of this writing. Her strong singing voice and extensive professional life have made her famous. She receives twelve Grammy Awards, three for Hall of Fame status. In 2009, Tina called her quits as a performer. In October of 2021, she was officially admitted into the Rock and Roll Hall of Fame.

As of the mid-1990s, Tina was a permanent resident of Switzerland. In April 2013, she became a citizen of Switzerland. That was back in October 2013 when she officially gave up her US citizenship.

To the tune of $50 million, Tina sold the rights to her songs, likeness, and image to BMG Rights Management in 2021.

The Beginnings

Upon arriving in the world on November 26, 1939, Turner was given the name Anna Mae Bullock. She has two older sisters and was the baby of the family. She spent her childhood in Nutbush, Tennessee, and moved to Knoxville for a while during World War II. After the war ended, Tina’s family moved back to Nutbush, and she enrolled at Flagg Grove Elementary. She was a stalwart treble singer at Nutbush’s Spring Hill Baptist Church when she was a child.

Tina’s mother abandoned the family when she was eleven years old, and her father remarried and relocated to Detroit. Since then, Tina and her sisters have been living in Brownsville, Tennessee, with their grandma. She went to St. Louis, Missouri, with her mother after her grandmother passed away, eventually attending and graduating from Sumner High School that same year (1958). She worked as a housekeeper and a nursing assistant at Barnes-Jewish Hospital as a teenager.

Steps in a New Profession

Tina first saw Ike Turner and the Kings of Rhythm play when she and her sister started going to bars in St. Louis. After some time, Ike was so taken with her voice that he made her a featured singer in the band. It was in 1960 when Ike penned “A Fool in Love,” a song that would become a hit for Art Lassiter. After Lassiter was late to the recording session, Ike had Tina take the lead vocals since he had already paid for the studio time. After being persuaded by local DJ Dave Dixon, he sent the record to Juggy Murray, president of R&B label Sue Records. The single featured her voice. Murray was so taken with the song that he purchased the rights from Ike for a cool $25,000. Ike then trademarked the name “Tina Turner” after he gave it to Tina as a stage name.

A Profession in Music

The single “A Fool in Love,” released in July 1960 under the name Ike & Tina Turner, marked the beginning of Tina’s professional musical career. It shot to the top of the Billboard Hot R&B Sides chart at number two and the top thirty-seven of the Billboard Hot 100. They also came out with the hits “I Idolize You,” “Poor Fool,” and “Tra La La” between 1960 and 1962. Together with Tina, Ike formed a band called the Ike & Tina Turner Revue, which featured both the Kings of Rhythm and a girl group called the Ikettes. Tina Turner’s net worth is an estimated $250 million

Ike’s label Sonja Records issued Tina’s first official solo record, “Too Many Ties That Bind/We Need an Understanding,” in 1964. After their contract with Sue Records expired, they signed with over ten record companies, including Kent, Cenco, Tangerine, Pompeii, A&M, and Minit. In 1964, they inked a deal with Warner Bros.’s offshoot label Loma Records.

Albums

When producer Phil Spector asked them to perform in his concert film The Big T.N.T. Show, they finally broke through (1966). Their performance left Spector so impressed that he offered them a contract to collaborate. It resulted in the 1966 release of the single “River Deep – Mountain High” on Spector’s Phillies label. Their 1971 rendition of “Proud Mary,” which won the Grammy for Best R&B Performance by a Duo or Group, was just one of several successful tracks they released to widespread acclaim. Several of their albums, including “Tina Turns the Country On!” (1974) and “The Gospel According to Ike & Tina,” were nominated for Grammys (1974). Their marriage and professional partnership broke down in the late 1970s, leading to Tina’s divorce petition in 1978 and the beginning of her solo career.

Both of Tina’s solo albums performed poorly at the record store. However, in 1984 she returned triumphantly with the single “What’s Love Got To Do With It?” It was her first and only No. 1 single on any Billboard chart. She followed that up with two more hit singles, “Better Be Good to Me” and “Private Dancer,” and won three prizes at the 27th Annual Grammy Awards.

Transactions Concerning the Sale of Musical Performance Rights

Tina and BMG Rights Management reached an agreement in October 2021 for Tina to transfer her music, likeness, and image rights to BMG for $50 million.

When Tina stopped performing live in 2009, she never returned from retirement. Musicals like “Tina,” based on her life and premiered in London in April 2018 with Adrienne Warren in the lead, have kept her in the spotlight. Additionally, she has published three books.

Tina has also found fame in the acting world. She made her acting debut in the fantasy drama Tommy (1975). In addition, she co-starred with Mel Gibson in the 1985 post-apocalyptic success “Mad Max Beyond Thunderdome,” which grossed over $36 million in the United States alone. She garnered positive reviews for her role in the film.

Personal History

Tina dated Kings of Rhythm’s saxophonist Raymond Hill in the late ’50s. In those days, she was a senior in high school. During her senior year of high school, Tina got pregnant by her high school boyfriend, Raymond. Craig, Tina and Hill’s son, was born in 1958, but the couple had already broken up.

Tina Turner tied the knot with her music partner Ike in 1962. It had been two years since they had welcomed their baby, who they called Ronnie. They co-parented Ike’s two sons from a previous relationship with Ronnie and Craig. Tina filed for divorce from Ike on the grounds of irreconcilable differences on March 29, 1978.

Tina met Erwin Bach, a German music executive, in 1986. Erwin is 16 years younger than her. In 1995, Tina and Erwin uprooted their lives to make a new beginning in Switzerland. Tina, in particular, had always admired the cleanliness and stability of Swiss society. They were not residents of the country, so they rented a large estate on the shores of Lake Zurich for the next twenty or more years. They tied the knot in July 2013 at their estate after 27 years of dating.

Tina submitted her application for Swiss citizenship in January 2013. Her successful completion of all requirements led to her receiving Swiss citizenship in April 2013. She renounced her citizenship in the United States in October of 2013. Tina Turner’s net worth is an estimated $250 million.

Real estate

Erwin and Tina moved into their first home together in 2021, after over 30 years of renting in Switzerland. In December of 2021, the couple spent an estimated $76 million on a magnificent lakefront mansion on the shores of Lake Zurich.

Summary

Tina Turner was a singer, songwriter, and actress born in the United States. She came to stardom in the early 1960s alongside her partner, Ike Turner. Tina went on to have a successful career as a solo artist following her divorce from Ike in 1978. Private Dancer (1984), her first solo album, had nominated for three Grammys and sold more than 20 million copies worldwide. Tina Turner’s net worth is an estimated $250 million

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