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Bruce Springsteen Says Claims of His Billionaire Status Are 'Wrong': 'Spent Too Much Money on Superfluous Things'

Bruce Springsteen opened up in a new interview with 'The Telegraph' about claims he is a billionaire, telling the outlet the figure is exaggerated and not reflective of his actual net worth.

Now, the singer is addressing the figure in an interview with The Telegraph, noting that his spending habits have noticeably impacted the current standing of his finances. In 2021, Springsteen made headlines for the reported$500 million sale of his music catalog to Sony, with the artist saying in a statement at the time that he was "thrilled that my legacy will continue to be cared for by the Company and people I know and trust." However, the "Born in the U.S.A." singer added to The Telegraph, “I've spent too much money on superfluous things," diminishing his total net worth today.

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