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Peter Lewis Kingston, known professionally as Pete Wentz has an estimated net worth of $10 million. Wentz, a rocker in the band Fall Out Boy, is the band's bassist, co song writer, and back up vocals. He formed the band with band mate Joe Trohman in 2001, recruiting drummer Andy Hurley and Patrick Stump later on. The band took off, becoming one of the better known pop-punk acts in Chicago, and soon all over the world. After a four-year hiatus, Fall Out Boy released their fifth studio album, Save Rock 'n Roll, in May 2013.

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Pete was born in Wilmette, which is a suburb of Chicago, in 1979. He has faced mental health issues, such as depression, bipolar, and suicide attempts. Wentz has played music since his early teens, which lead him to his career of choice. He also is a writer, recently publishing his book titled Gray in 2013. He has also done some television work, and is an activist and philanthropist.

Wentz married singer and actress, Ashlee Simpson in 2008, the couple had a son,  Bronx Mowgli Wentz November 20, 2008. The couple eventually divorced in 2011 and share custody of their son.

Earnings & Financial Data

Date

Category

Description

Amount

2014

Record Sales

Estimated earnings from the album American Beauty/American Psycho with the American pop rock band Fall Out Boy (certified 2x platinum by RIAA, and gold by BPI and Music)

$2,140,000

2012

Record Sales

Estimated earnings from the album Save Rock and Roll with the American pop rock band Fall Out Boy (certified gold by BPI and Music)

$929,000

2011

Asset

Value of his home in Studio City, California

$1,500,000

2008

Record Sales

Estimated earnings from the compilation album Believers Never Die – Greatest Hits with the American pop rock band Fall Out Boy (certified silver by BPI)

$60,000

2007

Record Sales

Estimated earnings from the album Folie à Deux with the American pop rock band Fall Out Boy (certified platinum by ARIA, and gold by RIAA and BPI)

$670,000

2007

Record Sales

Estimated earnings from the live album Live in Phoenix with the American pop rock band Fall Out Boy (certified platinum by RIAA)

$1,000,000

2006

Record Sales

Estimated earnings from the album From Under the Cork Tree with the American pop rock band Fall Out Boy (certified 2x platinum by RIAA and ARIA, and platinum by Music Canada, BPI, IRMA and RMNZ)

$1,970,000

2004

Record Sales

Estimated earnings from the album From Under the Cork Tree with the American pop rock band Fall Out Boy (certified 2x platinum by RIAA and Music Canada, and platinum by BPI and RMNZ)

$3,015,000

2002

Record Sales

Estimated earnings from the extended play Fall Out Boy's Evening Out with Your Girlfriend with the American pop rock band Fall Out Boy and pop punk band Project Rocket

$127,000

2002

Record Sales

Estimated earnings from the album Take This to Your Grave with the American pop rock band Fall Out Boy (certified gold by RIAA and BPI)

$734,000

2001

Record Sales

Estimated earnings from the extended play Project Rocket / Fall Out Boy with the American pop rock band Fall Out Boy and pop punk bandProject Rocket

$25,000