Behind Jimmy Buffett's laid-back exterior was an admitted workaholic. In 2016, he had a net worth of $550 million.
Jimmy Buffett, the legendary 'Margaritaville' musician, has died at the age of 76. A statement posted to his official social media pages says Buffett "passed away peacefully on the night of September 1st surrounded by his family, friends, music and dogs.""Wastin' away again in Margaritaville," went the chorus to his most famous song, which became an international singalong. But Buffett was actually an astute, ambitious, aggressive businessman.
But behind the laid-back exterior, Buffett was an admitted workaholic. He expanded into novels, nightclubs and many other ventures. At one time his estimated annual income was more than $40 million, and his revenue sources extended far beyond a musician's typical business model of album sales, concert tickets and souvenir T-shirts.
Jimmy Buffett takes opening night bow during the Broadway premiere of"Escape to Margaritaville" the new musical featuring songs by Jimmy Buffett at the Marquis Theatre on March 15, 2018 in New York City. When then-Heat coach Pat Riley asked Forte if he knew the man he had ejected, Forte didn't recognize the name. He asked if Forte had ever been a Parrothead. "He thought I was insulting him. He wanted to give me a technical," Riley said.
Wantagh, N.Y.: Jimmy Buffet and his Coral Reefer Band performs at Northwell Health at Jones Beach Theatre on August 10, 2021.
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