What is Peter Hook’s net worth?
|Net Worth:||$20 Million|
|Born:||February 13, 1956|
|Height:||1.70 m (5 ft 7 in)|
|Country of Origin:||United Kingdom|
|Source of Wealth:||Professional DJ|
|Last Updated:||August 2, 2022|
Peter Hook is an English musician and bass guitar player who co-founded the iconic British rock bands Joy Division and New Order.
Hook helped shape the post-punk fusion of rock and electronic music using keyboards and synthesizers, known for adapting the bass guitar into a lead instrument.
As of November 2022, Peter Hook’s net worth is estimated to be $20 Million.
Peter Hook Facts
- During the early 1960s, Peter Hook spent some time living in Jamaica due to his stepfather’s work.
- In 1979, Hook was questioned in relation to the Yorkshire Ripper case, with Joy Division’s touring schedule coinciding with Peter Sutcliffe’s movements.
- Following the disbanding of New Order in 1995, Hook toured with the band Durutti Column and recorded an album with the band, Revenge.
- Hook’s trademark high bass lines were the result of the poor quality speaker he initially used, purchasing the soundsystem from a former teacher for $10.
- In 2010, Hook formed the band Peter Hook and the Light, covering numerous Joy Division songs in their first EP.
Peter Hook, whose original name is Peter Woodhead, was born February 13, 1956, in Broughton, Salford, the UK, to parents Irene and John Woodhead.
In 1959, when he was three years old, his parents divorced, leaving Peter to be raised by his grandmother, Alicia Acton, along with his brother Christopher.
His mother remarried Ernest William Hook in 1962, with Peter adopting his surname while attending Salford Grammar School, where he was given the nickname “Hooky”.
Peter Hook’s professional music career took off with the formation of the band Joy Division in 1976, which he co-founded along with Bernard Summer after attending a Sex Pistols concert.
Featuring lead singer Ian Curtis and Stephen Morris on drums, Joy Division enjoyed a string of hits through Factory Records until the tragic death of Curtis in 1980.
The band New Order was formed the same year, and Peter Hook played bass once again, developing their post-punk music style.
Inspired by Kraftwerk, the band successfully fused rock and electro and earned a reputation as one of the most iconic British bands of the era.
Many hit movies have used music from New Order and Joy Division, with the New Order track Blue Monday featuring in the Adam Sandler comedy, The Wedding Singer.
The Joy Division song, Atmosphere, was used on one of the best Netflix series, Stranger Things.
The same track also featured on an episode of the Tom Hardy and Cillian Murphy series, Peaky Blinders.
Peter Hook’s life and experiences have been the subject of two major movies, the 2004 Steve Coogan film, 24 Hour Party People, and the biopic Control, released in 2007.
Peter Hook’s Career Earnings
Peter Hook’s salary information isn’t publicly available, although there are estimates of his annual earnings from royalties, book sales, and other revenue streams.
Some sources indicate an annual income of between $1.8 million and $2 million, with much of this coming from continuing sales of Joy Division and New Order albums.
Hook will also earn income from the licensing of his tracks in movies and television shows, as well as revenue from his current band projects.
Peter Hook’s Net Worth Annually
While Peter Hook’s net worth falls short when compared to some of the richest rockstars in the world, he has still enjoyed a degree of wealth and fame over his career.
Throughout the 1980s and 1990s, Hook’s overall net worth has seen a considerable increase thanks to the success of New Order and Joy Division.
With ongoing projects ranging from autobiographical books, Peter Hook’s net worth will likely increase as his career develops.
Peter Hook’s first marriage was to Iris Bates, with whom he has two children, son Jack and daughter Heather.
His son Jack toured with the band The Smashing Pumpkins in 2015 and 2018, following in his father’s footsteps and playing the bass guitar.
Through his official Instagram account, Peter Hook keeps his fans informed about the latest tours and releases for his band, Peter Hook and the Light.
Awards & Achievements
With his involvement in two of the biggest bands that emerged from the UK in the 1980s, Peter Hook received many awards and nominations.
His work with New Order, in particular, saw him and his fellow band members take to the stage at various award ceremonies and music industry events.
Here are some of the most notable awards and honors from Peter Hook’s career:
- 1983: Peter Hook wins the NME Award for Best Bassist, joining the ranks of Bruce Foxton from the Jam.
- 1983: With New Order, he picks up the award for Best Group, Best Single, Best Dressed Sleeve, and Best British Video from the NME Awards.
- 1993: The New Order song Regret wins the Top Modern Rock Track award at the Billboard Music Awards.
- 1999: Hook and his fellow New Order band members pick up the Q Inspiration Award at the Q Awards ceremony.
- 2012: At the Artrocker Awards, New Order picks up the Legend Award for their contribution to the music industry.
With Peter Hook continuing to work with many bands and his own musical projects, we can expect him to receive more accolades and awards in the future.
How Does Peter Hook Spend His Money?
Peter Hook has spoken about his lifestyle in various interviews, once stating that he only flies business class while recalling his early caravan holidays.
He lives with his wife in Alderley Edge near Manchester and spends half the year at his Port Andratx, Majorca residence.
Peter Hook has experienced great success throughout his career, beginning with his work with Joy Division and continuing through to recent collaborations with Gorillaz.
He’s redefined what can be achieved with a bass guitar with his signature heavy chorus effect and working on Hacienda acid house classics.
Here are some of the best highlights of Peter Hook’s career:
- 1977: Joy Division, under its original name Warsaw, performs for the first time at the Electric Circus, supporting the bands Buzzcocks and Penetration.
- 1980: Following the death of Ian Curtis, the remaining members formed their new band project, New Order, releasing many hit singles and albums.
- 1998: After a lengthy hiatus, the New Order band reformed and continue to perform, including a gig at Manchester’s Hard Rock Cafe.
- 2007: Hook expands his output with the launch of the Suite Sixteen recording studio, performing live for the Back Door Music Project.
- 2016: He shares his insights with fans in the biographical book, Substance: Inside New Order.
Favorite Peter Hook Quotes
Peter Hook’s experiences with two of England’s legendary bands, as well as his other collaborations, gives him a unique insight into the music industry and creative process.
He’s proven himself to be a versatile and adaptable musician, inspiring guitarists around the world with his innovative sound and approach to technique.
Here are our favorite quotes from Peter Hook:
- “I think people expect mud at festivals, I think you’d be asking for your money back if you didn’t get it.” – Peter Hook
- “It’s quite ironic I suppose, it’s that thing about being in a group when you all start out as friends and then invariably end up hating each other. So I just thought they needed telling really, in case they were labouring under the apprehension that they were still friends.” – Peter Hook
- “Actually when we stopped New Order I was busier than ever. The only gaps have been while we’ve been writing.” – Peter Hook
- “To me, New Order split up when Bernard and I stopped writing together. We started Joy Division together; we started New Order together.” – Peter Hook
- “I read one too many books about Joy Division by people who weren’t there, and they always seem to dwell on the dark, the intense, the miserable image of Joy Division.” – Peter Hook
3 Amazing Lessons From Peter Hook
Now that you know all about Peter Hook’s net worth, we’ll take a closer look at how his revolutionary playing style and professional career can inspire us to succeed in our own ventures.
Here are some of the best success lessons to learn from Peter Hook:
1. Don’t Let Cheap Equipment Put You Off Being Creative
It can be easy for aspiring musicians to be deterred when faced with substandard equipment that is either cheap or faulty.
Peter Hook’s persistence with his dodgy speaker allowed him to find a workaround that would help define his unique approach to bass playing.
2. Learn To Adapt With The Times And Follow New Trends
With the punk scene stagnating in the UK by the late 1970s and early 1980s, many bands were struggling to stand out from the crowd.
Hook and his fellow band members saw an opportunity to merge rock with electronic music, helping to shape the future of music for years to come.
3. Share Your Knowledge With Others Who Might Appreciate It
Peter Hook’s bass playing experience is on par with the very best guitarists in the world, and he’s happy to share his knowledge and wisdom with others.
In 2012, he launched a master’s degree program in Music Industry Management and Promotion to help students gain hands-on experience in the industry.
So there you have it, our comprehensive guide to the career highlights that helped bassist Peter Hook earn his impressive net worth.
Hook continues collaborating with some of the leading rock bands and writing books on his music industry experiences.
We’ll be updating this article to make sure it includes the latest details on his net worth, so make sure you check back again in the future.
As of November 2022, Peter Hook’s net worth is estimated to be $20 Million.