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Israeli-American rock and roll legend and bassist for the band KISS, Gene Simmons has an estimated net worth of $300 million.

Although Gene Simmons found fame as a blood-spurting, fire-breathing, bass-playing demon with Kiss, his early years were about as far removed as you can possibly get from the notorious heavy metal band. Born August 25, 1949, Chaim Witz and his mother left Israel by the late '50s, relocating to the United States (New York City, to be exact). Witz's name was then changed to Gene Klein, as he discovered comic books and rock & roll soon after (he was even being groomed to be a rabbi at one point). As a teenager, he played bass in a number of New York-area bands (Long Island Sounds, etc.), and while in his early 20s, even tried his hand at teaching grade school.

His teaching career was short-lived, as he meet another young rock & roll hopeful around this time: Stanley Eisen. Together, the duo formed their first band together, Wicked Lester, who borrowed heavily from their heroes, the Beatles, and just about any other hip musical style at the moment.

The band recorded an album that never saw the light of day, but while in the band, the two first came up with the idea of putting on a real show for the audience: makeup, costumes, and a grand stage show. They eventually hooked up with two other New Yorkers, Peter Criscoula and Paul Frehley.

All the members changed their names (Eisen became Paul Stanley; Criscoula to Peter Criss; Frehley to Ace Frehley; and Klein was re-christened Gene Simmons), and assumed identities relating to their personalities.

Simmons became involved in numerous projects: including penning an autobiography (2001's Kiss & Make-Up), creating his own magazine (Gene Simmons' Tongue), developing his own clothing line ("Gene Simmons' Dragonfly"), hosting the TV show Hit Men, and was in discussions for re-launching his Simmons Records label, his acting career, and starting up his own TV talk show (The Gene Simmons Show). Simmons took a break from farewell tours in 2004 and released his second solo album, ***HOLE, on the Sanctuary label.

 

Earnings & Financial Data

Date

Category

Description

Amount

2012

Asset

Value of Gene Simmons' 1970 Volkswagen Beetle

$10,000

2012

Salary

Earnings per episode of Family Jewels

$125,000

1998

Performance Fee

Earnings of the band for a one-night performance

$500,000

1995

Ticket Sales

Ticket sales of the band's Kiss Alive/Worldwide Tour

$43,600,000

1978

Misc.

Between 1977 and 1979, the group earned around $100 million from merchandise sales and tours

$100,000,000

1977

Royalties

Between 1976 and 1978, the Band KISS where Simmons serves as one of the members, earned around $17.7 million in royalties

$17,700,000

1976

Misc.

Earnings of the band in 1977

$10,200,000