New Edition is a music group in America that was created in 1978. The group is based in the U.S, and it focuses on R&B kind of songs. The group is made up of six members namely Ricky Bell, Bobby Brown, Ronnie DeVoe, Ralph Tresvant, Michael Bivins, and Jonny Gill. New Edition became the household name in the 1980s.
Now let us have a close look at the net worth of New Edition in 2020.
The group was formed in Boston, the United States of America in 1978. Bobby Brown was signed out of the group in 1985 and started making a solo career, and the group remained with four members but later recruited in Jonny Gill who filled the gap that was left by Bobby Brown.
Jonny Gill featured on their album ‘Heart Break which was released in 1988. The group has gone through couples of breakup and reunion, but every time they embark on singing, they excite their fans.
New Edition career in music kicked off in the year 1978 when they with their first hit ‘Candy Girl,’ ‘Mr. Telephone,’ and ‘Cool It Now.’ After a series of breakup and some members engaging in a solo career, the group reunited again in 1996 with six members on board.
In 2011, the members came together this time to celebrate the 30th anniversary of the ‘Candy Girl.’ It is during this time using their website that they announced they are working to plan for a tour. Nevertheless, things did not go well since before the tour two members Bobby Brown, and Michael Bivins pulled out of the group, and it led to the cancellation of the tour.
They decided to record the sixth album by the name ‘Home Again’ and in 2004, recorded their last album entitled ‘One Love.’
The group has won the various award to its name. In 1987 and 1997, the group received two American Music Awards for Favorite Soul/ R&B Band/Duo/ Group. In 1989, they were awarded the Soul Train Award for the Best R&B/ Urban Contemporary Album of the year. In 1977, the New Edition group won the Best R&B/ Soul Album for their album ‘Home Again’ and in 2012, they won the Soul Train Lifetime Achievement Award. Lastly, at the BET Awards in 2017, the group was awarded a Lifetime Achievement Award
Net Worth & Earnings
New Edition group is estimated to have a total net worth of $75.5 million. The primary source of their wealth is from the albums they have recorded and released so far. The net worth per individual is as follows Mike Bivins $40 million, Ralph Tresvant $8 million, Ricky Bell $15 million, Bobby Brown $2 million, Ronnie Devoe $500 thousand, and Jonny Gill $10 million.
Despite controversies that the group has faced over the past years, the group has been successful both together and as individuals. Their fans are eagerly waiting to see what they will produce the next time the group comes together.