Michael Stipe Net Worth

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Earnings & Financial Data

Michael Stipe has an estimated net worth of $75 million. He is an American singer born in Georgia and is the lead vocalist of the alternative band named R.E.M. He is known for unique mumbling style of singing songs and surreal lyrics. His other profession includes Record Player, Television Producer, Visual Artist, Musician, and Lyricist.

His rock band was formed in the year 1980. The first single of the group became an instant hit on the college radio, later turning into an international success. This band enjoyed success through 1990's. The group produced their very first album after signing a recording contract with I.R.S Records in the year 1983. Critics loved their songs the album was awarded the Rolling Stone's Critics Award for the "Album of Year. Michael Stipe is an active member of R.E.M till now.

Earnings & Financial Data

Date	Category	Description	Amount
2014	Sale of Asset	Sale of Michael Stipe's duplex penthouse at 533 Canal Street in Soho	$9,600,000
2011	Record Sales	Record sales of the greatest hits album Part Lies, Part Heart, Part Truth, Part Garbage 1982–2011 with the American alternative rock band R.E.M. (approximately 137.5 thousand copies sold)	$178,750
2011	Record Sales	Record sales of the album Collapse into Now with the American alternative rock band R.E.M. (approximately 90 thousand copies sold)	$117,000
2008	Record Sales	Record sales of the album Accelerate with the American alternative rock band R.E.M. (approximately 292.5 thousand copies sold)	$380,250
2007	Record Sales	Record sales of the live album R.E.M. Live with the American alternative rock band R.E.M. (approximately 100 thousand copies sold)	$130,000
2007	Record Sales	Record sales of the album Papito with Spanish pop singer Miguel Bosé (approximately 1,118,524 copies sold)	$1,450,000
2007	Asset	Purchase value of Michael Stipe's duplex penthouse at 533 Canal Street in Soho	$5,750,000
2006	Record Sales	Record sales of the album Meds with the English alternative rock band Placebo (approximately 1.1 million copies sold)	$1,430,000
2004	Record Sales	Record sales of the album Around the Sun with the American alternative rock band R.E.M. (approximately 1,465,000 copies sold)	$1,900,000
2004	Others	Sales of the video Perfect Square with the American alternative rock band R.E.M. (approximately 25 thousand copies sold)	$32,500
2003	Others	Sales of the video In View: The Best of R.E.M. 1988–2003 with the American alternative rock band R.E.M. (approximately 50 thousand copies sold)	$65,000
2003	Record Sales	Record sales of the compilation album In Time: The Best of R.E.M. 1988–2003 with the American alternative rock band R.E.M. (approximately 5,737,004 copies sold)	$7,460,000
2001	Record Sales	Record sales of the album Reveal with the American alternative rock band R.E.M. (approximately 2,137,500 copies sold)	$2,780,000
1998	Record Sales	Record sales of the album Up with the American alternative rock band R.E.M. (approximately 2,274,800 copies sold)	$2,960,000
1996	Others	Sales of the video Road Movie with the American alternative rock band R.E.M. (approximately 25 thousand copies sold)	$32,500
1996	Record Sales	Record sales of the album New Adventures in Hi-Fi with the American alternative rock band R.E.M. (approximately 2,909,000 copies sold)	$3,780,000
1995	Others	Sales of the video Parallel with the American alternative rock band R.E.M. (approximately 25 thousand copies sold)	$32,500
1994	Record Sales	Record sales of the compilation album R.E.M.: Singles Collected with the American alternative rock band R.E.M. (approximately 60 thousand copies sold)	$78,000
1994	Record Sales	Record sales of the album Monster with the American alternative rock band R.E.M. (approximately 8,457,525 copies sold)	$10,990,000
1992	Record Sales	Record sales of the album Automatic for the People with the American alternative rock band R.E.M. (approximately 9,225,700 copies sold)	$11,990,000
1991	Record Sales	Record sales of the greatest hits album The Best of R.E.M. with the American alternative rock band R.E.M. (approximately 557.5 thousand copies sold)	$724,750
1991	Others	Sales of the video This Film Is On with the American alternative rock band R.E.M. (approximately 50 thousand copies sold)	$65,000
1991	Record Sales	Record sales of the album Out of Time with the American alternative rock band R.E.M. (approximately 9,275,300 copies sold)	$12,060,000
1990	Others	Sales of the video Tourfilm with the American alternative rock band R.E.M. (approximately 50 thousand copies sold)	$65,000
1990	Others	Sales of the video Pop Screen with the American alternative rock band R.E.M. (approximately 50 thousand copies sold)	$65,000
1989	Record Sales	Record sales of the album Indigo Girls with the folk rock American duo Indigo Girls (approximately 2 million copies sold)	$2,600,000
1988	Record Sales	Record sales of the album Green with the American alternative rock band R.E.M. (approximately 2.46 million copies sold)	$3,200,000
1987	Record Sales	Record sales of the album Document with the American alternative rock band R.E.M. (approximately 1.1 million copies sold)	$1,430,000
1987	Record Sales	Record sales of the album In My Tribe with the American alternative rock band 10,000 Maniacs (approximately 2 million copies sold)	$2,600,000
1986	Record Sales	Record sales of the album Lifes Rich Pageant with the American alternative rock band R.E.M. (approximately 580 thousand copies sold)	$754,000
1985	Record Sales	Record sales of the album Fables of the Reconstruction with the American alternative rock band R.E.M. (approximately 500 thousand copies sold)	$650,000
1984	Record Sales	Record sales of the album Reckoning with the American alternative rock band R.E.M. (approximately 500 thousand copies sold)	$650,000
1983	Record Sales	Record sales of the album Murmur with the American alternative rock band R.E.M. (approximately 560 thousand copies sold)	$728,000