Bjorn Ulvaeus Net Worth

$300 Million

Last Updated:

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What is Bjorn Ulvaeus’ net worth? 

Net Worth:$300 Million
Age:77
Born:April 25, 1945
Gender:Male
Height:1.77 m (5 ft 10 in)
Country of Origin:Sweden
Source of Wealth:Professional Musician
Last Updated:August 2, 2022

Introduction 

Bjorn Ulvaeus is a Swedish songwriter, composer, musician, and writer, best known for his work with the Swedish pop group, ABBA.

Following the breakup of ABBA in the early 1980s, Ulvaeus continued to compose music for a range of artists and mediums.

As of October 2022, Bjorn Ulvaeus’ net worth is estimated to be $300 Million.

 

Bjorn Ulvaeus Facts

  • While at university in the 1960s, Bjorn Ulvaeus studied alongside the famous Swedish comedian, Magnus Holmström.
  • His early band the Hootenanny Singers was formerly known as the West Bay Singers and had a considerable following in Scandinavia.
  • Before forming ABBA, Hootenanny Singers, Bjorn Ulvaeus and Benny Andersson released music with the band The Hep Stars.
  • His work with ABBA saw the group selling tens of millions of albums, with the 1976 album Arrival being certified 18X platinum in Australia.
  • In 2020, he was elected president of CISAC, the International Confederation of Societies of Authors and Composers

 

Early Life 

Björn Kristian Ulvaeus was born on April 25, 1945, in Gothenburg, Sweden, moving with his family to the Vastervik in Kalar County at a young age.

His parents were Aina Eliza Viktoria and Erik Gunnar Ulvaeus, and he was raised with his sister, Eva Margarita Ulvaeus, before graduating from secondary school and attending mandatory military service.

Following this, Ulvaeus studied business and law at Lund University, before beginning his musical career with the folk band the Hootenanny Singers.

 

Career 

In the late 1960s to early 1970s, Björn Ulvaeus began collaborating with keyboardist Benny Andersson on musical compositions, teaming up with singers Agnetha Fältskog and Anni-Frid Lyngstad to form the group ABBA.

The group found international success with Fernando, releasing their fourth studio album in 1976 and becoming one of the biggest acts in the world.

While their fame and fortune skyrocketed thanks to singles such as Knowing Me, Knowing You, and Dancing Queen, the success took its toll on their relationships, leading to their split in the early 1980s.

From this point on, Björn Ulvaeus continued to work on various projects, including musicals and soundtracks, reuniting with ABBA in 2018.

ABBA’s music has been featured in movies by some of the richest directors in the world, such as Summer of Sam, directed by Spike Lee. 

The song Dancing Queen has been used many times, including in the Adam Sandler and Kevin James comedy from 2007, I Now Pronounce You Chuck and Larry.

 

Bjorn Ulvaeus’ Career Earnings

Björn Ulvaeus has enjoyed a lucrative career as a songwriter and musician, with his success with ABBA giving him an exceptional annual income during the late 1970s and early 1980s.

Here’s an estimated overview of Bjorn Ulvaeus’ career earnings:

  • Bjorn Ulvaeus’ Salary In 1975 – $5.8 million
  • Bjorn Ulvaeus’ Salary In 1976 – $3.5 million
  • Bjorn Ulvaeus’ Salary In 1979 – $2.8 million
  • Bjorn Ulvaeus’ Salary In 1980 – $1.8 million
  • Bjorn Ulvaeus’ Salary In 1981 – $1.7 million
  • Bjorn Ulvaeus’ Salary In 1982 – $573,000
  • Bjorn Ulvaeus’ Salary In 1983 – $119,000
  • Bjorn Ulvaeus’ Salary In 1992 – $18.5 million
  • Bjorn Ulvaeus’ Salary In 1993 – $627,000
  • Bjorn Ulvaeus’ Salary In 2001 – $489,000
  • Bjorn Ulvaeus’ Salary In 2005 – $234,000
  • Bjorn Ulvaeus’ Salary In 2022 – $4 million

 

Bjorn Ulvaeus’ Net Worth Annually

As one of the richest rockstars in the world, Björn Ulvaeus has had a consistently high net worth over time, boosted by the release of ABBA’s Greatest hit compilations on CD.

In 2008, his net worth came under fire from the Swedish Tax Agency, which accused him of laundering royalty money, but the case was settled in his favor.

With revenue from ABBA records continuing to this day, combined with his other business activities, Björn Ulvaeus’s net worth is unlikely to drop any time soon.

 

Personal Life

Björn Ulvaeus married his fellow ABBA member and one of the richest singers in the world, Agnetha Fältskog, in 1971, with whom he has two children.

Due to the stress of touring and stardom, the couple split in 1980, with Ulvaeus marrying music journalist Lena Källersjö on January 6th, 1981.

In a 2009 interview, he revealed he suffers from long-term memory loss, although the severity of this was hugely exaggerated.

 

Awards & Achievements

Björn Ulvaeus’s career with ABBA and other musical ventures have led to several awards and nominations over the years.

Here are some highlights from Bjorn Ulvaeus’ career:

  • 1974: ABBA wins the Silver Award – Pop Group at the Brave Otto Awards.
  • 1978: The ABBA song Take A Chance On Me wins Best Vocal Record for Dancing at the Carl-Alan Awards.
  • 1993: Björn Ulvaeus picks up the World Music Award for World’s Best Selling Swedish Artist along with his fellow members of ABBA.
  • 2009: He picks up a nomination for Record of the Year from the Grammy Awards for I Still Have Faith In You.
  • 2015: Along with the other members of ABBA, Björn Ulvaeus is inducted into the Grammy Hall of Fame.

 

How Does Bjorn Ulvaeus Spend His Money?

With his huge net worth and a continuing stream of royalties from the sale of ABBA music, Bjorn Ulvaeus can afford the very best quality of life.

His real estate portfolio includes some of the most expensive houses you can buy, including a home on the island of Viggsö in the Stockholm archipelago.

In 2014, he purchased the property in Stockholm that houses the ABBA Museum and the Swedish Music Hall of Fame.

 

Highlights 

With a career beginning in the 1960s and continuing to this day, Bjorn Ulvaeus has enjoyed many high points worth noting.

Here are some of the best highlights of Bjorn Ulvaeus’ career: 

  • 1972: Bjorn Ulvaeus’ music career is taken to new heights with the formation of ABBA, which would become Sweden’s most successful group.
  • 1974: ABBA wins the Eurovision Song Contest with the song Waterloo, written specifically for the competition.
  • 1976: ABBA’s success reaches its pinnacle with a series of hit singles and their best-selling album Arrival.
  • 1982: Bjorn Ulvaeus and Benny Andersson collaborate on the musical Chess, working with lyricist Tim Rice.
  •  2013: Working with Andersson once again, he composes the anthem for the year’s Eurovision Song Contest.

 

Favorite Bjorn Ulvaeus Quotes

With his experiences in ABBA, one of the world’s most successful pop groups, Bjorn Ulvaeus is in an ideal position to share illuminating insights into the music industry.

Here are our favorite quotes from Bjorn Ulvaeus:

  • Every time I sit in the audience and watch a show that I have been involved with, it is such an amazing feeling to see all those people around me, knowing they are actually watching and enjoying something I have written.” – Bjorn Ulvaeus
  • The music of ABBA is not that happy. It might sound happy, in some strange way, but deep within, it’s not happy music. It has that Nordic melancholic feeling to it. What fools you is the girls’ voices. You know, I do think that is one of the secrets about ABBA. Even when we were really quite sad, we always sounded jubilant.” – Bjorn Ulvaeus
  • I used to look so immature, like a young man without self-confidence. There was one particular light blue, shiny cape outfit I wore that still makes me cringe.” – Bjorn Ulvaeus
  • There is a very vibrant cultural scene in Stockholm. There are lots of places where there are concerts, and there are loads of museums and theaters.” – Bjorn Ulvaeus
  • Mostly, in songwriting, my experience is that there isn’t so much inspiration as hard work. You sit there for hours, days and weeks with a guitar and piano until something good comes. But the urge to write is something you have to have. A conviction, an ambition to write and never stop until you think, ‘This is the best I can do.’” – Bjorn Ulvaeus

 

3 Amazing Lessons From Bjorn Ulvaeus

Now that you know all about Bjorn Ulvaeus’s net worth, let’s see what insights we can glean from Bjorn Ulvaeus’ impressive career in the music industry.

Here are some of the best success lessons to learn from Bjorn Ulvaeus:

 

1. Never Underestimate The Importance Of Music For Children

Bjorn Ulvaeus is committed to bringing music to children and helping them to discover their instrument of choice.

He once said, “Every child deserves to have a teacher who tries to teach them music”.

 

2. He’s A Huge Fan Of The Word Love

Despite the drawbacks of the word “love” in the rhyming department, Bjorn Ulvaeus considers it to be of the utmost importance.

 

3. Don’t Worry About What The Universe Thinks Of You

Bjorn Ulvaeus is committed to his humanist outlook on life and doesn’t let the scale of the universe overwhelm his life.

While some music can have a deeply religious meaning behind it, Ulvaeus sees his role in music more as a freethinker.

 

Summary 

That concludes this guide to Bjorn Ulvaeus’ net worth, exploring his illustrious career with pop group ABBA and his post-ABBA compositions and real estate investments.

Responsible for some of the biggest songs of the 1970s, Bjorn Ulvaeus’ music legacy is well and truly secure.

With continued revenue and other ventures adding to his net worth, we’ll be updating this article to make sure it covers the latest details on his impressive wealth.

As of October 2022, Bjorn Ulvaeus’ net worth is estimated to be $300 Million.

What do you think about Bjorn Ulvaeus’ net worth? Leave a comment below. 

Andy Dilks
Andy Dilks
Andy Dilks first got into tech with Laserdisc players and hasn't looked back since. When he's not writing he's deciding which room to convert into a home cinema.

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