Chad Smith Net Worth is $90 Million (as of 2020)
As for the day, Chad Smith net worth is estimated at $90 million, making him of the richest drummers in the world. But while he is among the richest, he is really far from topping the list. Although the jokes like “Q: What do you call someone who hangs out with musicians? A: A drummer!“ are pretty popular among band members and other people who work in the recording industry, great drummers earn little (if at all) less than other instrumentalists and lead singers. For example Ringo Starr, the former drummer of The Beatles has a net worth of $300 million, Phil Collins – $250 million, Dave Grohl who Played with Nirvana and Foo Fighters – $225 million, Don Henley from The Eagles – $200 million and Lars Ulrich from Metallica – $175 million. Chad, with $90 million in his possession, is the 10th in the list of the richest drummers. And perhaps this is not just an „accident“: the Spine Magazine has also listed him at No. 10 in their list of the 100 Greatest Drummers of Alternative Music. And what is the Secret to his professional success? In one of his interviews the drummer has said: „Playing well with others is important – not being too flashy, just keeping good time and of course coming up with cool beats. A good snare drum, kick drum, high hat. Just getting good at the hand feet coordination”.
Quick facts
| Net Worth: | $90 Million |
|---|---|
| Age: | 61 years old |
| Height: | 6 ft 3 in (1.91 m) |
| Date of birth: | Oct 25, 1961 |
| Nationality: | United States of America |
| Occupation: | Drummer, Musician |
| Last Updated: | 2023 |
Throughout his impressive career Chad has played with some of the greatest solo singers and bands in history. For example, he has recorded and performed with Jennifer Nettles, Johnny Cash, John Fogerty , The Avett Brothers, Glenn Hughes, Kid Rock, Jake Bugg and The Dixie Chicks. In fact, in one of his interviews the millionaire has said: “That’s really the thing that got me into playing a lot – getting excited about playing along with my favorite bands like Zeppelin and Black Sabbath.”
However, as most of you could have guessed, the current Chad Smith net worth was by and large determined by the success of Red Hot Chili Peppers (RHCP). The millionaire we are speaking about is not one of the co-founders of RHCP, but he has been with this group for most of its successful years. He joined RCHP in 1988, after learning that the band is looking for a replacement for D.H. Peligro. By that time, the band has been already working on their 4th studio album, Mother‘s Milk. However, it was only after Chad joining that RHCP experienced a real breakthrough. It happened in 1991, as the album Blood Sugar Sex Magik reached the stores. With unforgettable hits like „Under the Bridge“, „If You Have to Ask“ and „Give It Away“, the album charted within top ten in the United States, Australia, Germany and variety of other countries. The success of Blood Sugar Sex Magik kick-started the growth of Chad Smith net worth.
