What is The Edge’s net worth?
| Net Worth: | $400 Million |
|---|---|
| Age: | 61 |
| Born: | August 8, 1961 |
| Gender: | Male |
| Height: | 1.77 m (5 ft 10 in) |
| Country of Origin: | United Kingdom |
| Source of Wealth: | Professional Musician |
| Last Updated: | March 8, 2023 |
Introduction
The Edge’s part in U2’s fame led to him becoming one of the greatest guitarists of all time. He has created a signature sound that is both rhythmic and minimalistic.
Even though he is known for his guitar skills, he also has experience as a backing vocalist and is a skilled keyboard player.
The Edge has picked up 22 Grammy Awards as a member of U2, and he was also honored with induction into the Rock & Roll Hall of Fame.
As of May 2023, The Edge’s net worth is estimated to be $400 Million.
The Edge Facts
- In 2005, he co-founded the hurricane Katrina relief organization, Music Rising.
- The Edge co-wrote Golden Eye alongside Bono, which Tina Turner performed in 1995.
- In 1981, he almost left the U2 band due to religious disagreements, but eventually decided to stay on.
- He was a part of a guitar documentary in 2008 called, “It Might Get Loud”.
- Rolling Stone magazine ranked him as number 38 on “The Greatest Guitarists of All Time” in 2011.
Early Life
David Howell Evans (The Edge) was born on August 8, 1961, in Essex, England.
His parents, Gwenda and Garvin Evans, produced two siblings, Dik and Jill, with Dik becoming one of the founding members of The Hype, which later became U2.
His family decided to move from England to Ireland in 1962 when his father was given a promotion. This caused a lot of confusion for young David as he ended up having two different accents and found it a bit difficult to settle into his new home.
He became friends with Adam, who would become a fellow member of the band. David attended Mount Temple Comprehensive School where he met the rest of the band members, Larry Mullen Jr (drummer), Adam Clayton (bass guitarist), and Bono (Lead vocalist and guitarist).
Career
U2 started in the 70s, but remained fairly unknown until the early 80s, when they started to receive the recognition they deserved.
During the early stages of the Edge’s career with the band, he debated leaving, as the lifestyle of a rock star went against his religious beliefs. On deciding to stay, he wrote his first big hit, “Sunday Bloody Sunday”.
On releasing their debut album “Boy”, U2 started touring and playing at sell-out events, becoming one of the most successful bands in the world.
However, even when U2 was getting major media attention, The Edge was exploring a more solo route, performing and contributing to high-end artists’ projects.
He performed and wrote songs for Tina Turner, Rihanna, and Johnny Cash, while closer to home, he also started to work on musical side-projects with Bono.
You can follow the Edge on his official Instagram account to see what he’s getting up to now.
The Edge’s Career Earnings
The band initially struggled to get off the ground, but once they all committed to making it work, U2 became one of the most popular bands of the eighties.
The band’s success saw the Edge’s income soar and he earned millions of dollars a year both from album sales and from their live tours.
Here’s an estimated overview of the Edge’s annual income:
- The Edge’s Salary In 2013 – $22 million
- The Edge’s Salary In 2014 – $25 million
- The Edge’s Salary In 2015 – $24 million
- The Edge’s Salary In 2016 – $26.5 million
- The Edge’s Salary In 2017 – $28 million
- The Edge’s Salary In 2018 – $28 million
- The Edge’s Salary In 2019 – $30 million
- The Edge’s Salary In 2020 – $32 million
- The Edge’s Salary In 2021 – $35 million
- The Edge’s Salary In 2022 – $38 million
U2 continues to produce record-breaking smash hits and with royalties from their earlier songs, each member of the band continues to receive an impressive amount of money.
The Edge also earns additional fees for writing the songs, which just adds to his already massive wealth.
The Edge’s Net Worth Annually
The Edge has invested heavily in property and his real estate holdings are truly astronomical.
However, his plans for developing some of his property have not come to fruition, although the costs have hardly dented his bank balance.
Here’s a breakdown of The Edge’s annual net worth:
- The Edge’s Net Worth In 2013 – $285 million
- The Edge’s Net Worth In 2014 – $290 million
- The Edge’s Net Worth In 2015 – $300 million
- The Edge’s Net Worth In 2016 – $320 million
- The Edge’s Net Worth In 2017 – $325 million
- The Edge’s Net Worth In 2018 – $338 million
- The Edge’s Net Worth In 2019 – $340 million
- The Edge’s Net Worth In 2020 – $355 million
- The Edge’s Net Worth In 2021 – $380 million
- The Edge’s Net Worth In 2022 – $400 million
The Edge’s wealth is set to rise even if he doesn’t play another song, as royalties from the band’s songs continue to flow in.
U2’s popularity is as strong now as it ever was and the Edge continues to reap the rewards of his hard work from decades ago.
Personal Life
The Edge married Aislinn O’Sullivan in 1983 and went on to have 3 daughters. The couple’s daughters’ names are Arun, Holli, and Blue Angel. Unfortunately, the couple separated in 1990 and finalized their divorce in 1996.
In 1993, he met a dancer, Morleigh Steinberg, and the couple had a daughter, Sian. They decided to get married in 2002.
The family bought a house in Killiney next door to his bandmate and friend Bono, for 10 million Euros.
Awards & Achievements
From the early 90s, U2 and the Edge have enjoyed huge popularity across the world. Their concerts are sold out and their songs are rarely off the charts.
Here are some of the more memorable moments from The Edge’s career:
- The Edge gained Amnesty International’s Ambassador of Conscience honor in 2008.
- He was listed 7th in “The Top Ten Guitar Heros” list in 2001.
- The Edge has won a total of 22 Grammys from 1994 up until 2011.
- He won 2 Golden Globe Awards, in 2003 and 2014.
- In 2005 The Edge was inducted into the Rock and Roll Hall of Fame.
With plenty of life still left in the band, we’re sure that the Edge will continue to receive awards for the foreseeable future.
How Does The Edge Spend His Money?
The Edge purchased a plot in Malibu for $100 million, an event that made headlines at the time.
He and his family also purchased a 151-acre plot for $9 million in Sweetwater Mesa in 2005. The Edge came up with ideas to invest in a 5-mansion compound across the Californian mountains but faced legal battles before the project got off the ground.
The Edge spent $400,000 on geological studies to prove that there were no dangers in going ahead with the project. Unfortunately, he was unable to pursue his dream and spent a total of $10 million on legal fees, just to be turned away by the courts.
His investment in the musical, Spiderman: Turn Off the Dark. alongside his friend and one of the richest rockstars in the world, Bono, was a disaster due to onstage accidents, budget overruns, and terrible reviews. The show was eventually shut down and he made a colossal loss on the project.
Highlights
Not only is The Edge an accomplished guitarist with a unique sound, but he is also a very experienced songwriter.
With his combination of guitar and songwriting skills, the Edge is considered one of the all-time great performers.
Here are some of the best highlights of The Edge’s career:
- The Edge wrote the song “Sunday Bloody Sunday” on U2’s debut album, “Boy” in 1980.
- He has been ranked 23rd best guitarist of all time in 2010, mainly due to his unique sound.
- In 2012, he was ranked number 13 by Spin, on their list of 100 greatest guitarists.
- The Edge performed at the Angiogenesis Foundation concert in the Sistine Chapel in 2016, making him the first rock artist to perform at the site.
- He wrote the theme song for two seasons of The Batman series, in 2004 and 2005.
While the Edge has not been quite as prolific with his song writing in the last few years, we’re sure that he will continue to roll out new material that U2 fans will love.
Favorite The Edge Quotes
The Edge sees his talent as something greater than himself and goes out of his way to use the money he’s earned to help worthy causes across the world.
He truly sees the world as his stage and tries to use his music to effect change across the globe.
Here are our favorite quotes from The Edge:
- “You see, rock and roll isn’t a career or hobby – it’s a life force. It’s something very essential.” – The Edge
- “I have a curiosity that compels me to find ways to make music that is fresh and new.” – The Edge
- “Pianos sound like pianos, but there’s something about the guitar – the range of possibilities is much broader.” – The Edge
- “One of the good things about globalization is it has created a single international music community, and I feel very much part of it.” – The Edge
- “For me, looking back is akin to being on a tightrope and looking down. It doesn’t help you in the present moment to deal with what you must deal with to move forward.” – The Edge
3 Amazing Lessons From The Edge
The edge has been through many difficulties in his career, but he always manages to bounce back.
However, he refuses to look back, preferring to focus on the future and all the possibilities that are, as yet, unexplored.
Now that you know all about The Edge’s net worth, here are some of the best success lessons to learn from The Edge:
1. Focus On Future Success, Not Past Mistakes
Focusing on previous mistakes and regrets will only hold you back. You can’t change the past, so why let it get in the way of your future?
2. Follow Your Dreams No Matter What
The Edge never saw his life going the way it did, but once he found his passion, he knew what he was destined to become.
3. Curiosity Is Key To New Ideas
Curiosity doesn’t necessarily kill the cat, but also helps create new content and ideas. Sometimes it’s best to be curious, so you can pursue new ways.
Summary
The Edge is one of the greatest guitarists of all time and has made history with his unique sound. He has influenced musicians everywhere and will continue to do so as he tries out new ideas.
He has created his dream lifestyle and, even with his failures in certain investments, he continues to look forward to new projects.
There has been mention of new albums on the horizon and we are sure that the Edge will once again create some masterpieces that will break new ground in popular music.
As of May 2023, The Edge’s net worth is estimated to be $400 Million.
