Michael Stipe is a renowned American songwriter and singer. He gained fame in the 80s as the lead singer of ‘R. E. M. which was a rock band that was active from 1980 to 2011. Keep reading to know more about the net worth of Michael Stipe in 2020.
Early Life & Biography
His full name is John Michael Stipe born to a military serviceman of the US Army in Decatur, Georgia on the 4th of January 1960. He had a younger sister by the name of Lynda Stipes who later became a musician.
He came from a family whose previous generations were ministers in the Methodist church. They used to move a lot when Michael was young as a result of his father’s occupation. They moved to places like Alabama, Texas, West Germany and Illinois. He got his education from Collinsville High School and later graduated from the Georgia University.
Stipe was in a relationship in 1983 with Natalie Merchant who was also a musician for ‘10,000 Maniacs’ band. They even became lovers, but it just lasted for a short time. There arose rumors in 1992 that he was HIV Positive but he later denied those rumors.
Stipe admitted in 2004 that he had been in a gay relationship for three years. It also emerged that the character written in a novel in 1999 by Douglas A. Martin was referring to Stipe since the two were in a relationship.
Career, Awards, & Nominations
Stipe was interested in music as a youngster, and he joined forces with Peter Buck who worked in a record store in 1980, and they started writing songs. They were later joined by Mike and Bill, and they formed a band which they named R.E.M. The four dropped out of school to focus on their music.
The band’s debut single was titled ‘Radio Free Europe’, and in 1983, they released their debut album ‘Murmur’ under I.R.S Record label. The album was a big success and Stipe’s lyrics, and vocals received particular recognitions from the listeners. Since then, he has made many successful hits of all times.
Michael’s acting skills were brought out in the movie ‘Just Like a Movie’ which was made in 1983 although the movie was never released. He has also produced films like ‘Saved’ and ‘Man on the Moon’. He has made many appearances in a few television series as well. As part of his achievement, his name was added to the Rock and Roll Hall of Fame in 2007.
Net Worth & Earnings
The musician has a net worth of $90 Million which has come from his diverse careers. He has also made a considerable amount from endorsement deals. On top of all that, he Co-owns a company, and its revenues add to his massive wealth.
Michael Stipe came from a family that had strong religious roots, but he took a different path in his life and became a musician. He is also a very straight person, and he is open to the world about his sexuality. Stipe is a go-getter, and his fans are always waiting to hear from him.