Jeff Lynne's Electric Light Orchestra Farewell Tour Will Blow Up His Net Worth In 2024

Highlights

  • Jeff Lynne greater his $one hundred million net worth with ELO's ultimate tour, probably earning millions from price ticket sales.
  • Previous tours display that musicians rake in money from live displays; Jeff Lynne chose this over being on level.
  • Lynne cites studio work as extra stress-free, reflective of discontent with live performance during tours in the 1970s and beyond.

When a band breaks up and gets back in combination, or just doesn't tour all that often, the danger to peer them play live music once more is helpful. That's why fanatics paid so much for Taylor Swift's expensive but incredible Eras tour. Other artists like Madonna tour often but make a fortune each time.

Since Jeff Lynne does not tour a lot as a solo artist or with his band Electric Light Orchestra, it used to be thrilling when he introduced his Farewell Tour with Electric Light Orchestra in March 2024. In this article, we'll check out what quantity of money Jeff Lynne will earn from the "Over and Out" tour, along with the attention-grabbing thoughts he has about touring.

How Much Did Jeff Lynne's Goodbye Tour With Electric Light Orchestra Add To His Net Worth?

Jeff Lynne's 2024 farewell tour with Electric Light Orchestra added a lot of money to the singer's $100 million net worth. At the time of this writing, since price tag sales have not started yet and the tour is months away, it is unknown how much Jeff Lynne will make from price ticket sales for ELO's Farewell Tour. However, since Electric Light Orchestra is a popular band and lovers had been excited to peer them carry out reside one final time, it is possible to assume they will earn tens of thousands and thousands of dollars.

While Lynne's take-home pay from his ELO Farewell Tour is not available but, it is possible to make an educated bet in line with what different bands and musicians have earned. According to Forbes, Pink earned $85 million from grossing $three hundred million from 37 2023 live shows. ELO's 2024 integrated 27 dates. According to Ticket Smarter, ELO tickets normally cost $150. If each concert venue units several hundred or even 1000's of other people and everyone will pay around $150, it's easy to peer that each and every ELO member would take domestic a couple of million on the very least.

When taking a look at what some well-liked bands and musicians earned from touring even only some years in the past, it is transparent that Jeff Lynne were given richer due to his tour with Electric Live Orchestra. According to a Digital Music News article from 2017, musicians earn the bulk of their income thanks to tours.

For instance, Bruce Springsteen's 2016 tour earned $40.Nine million, which used to be 97% of his annual source of revenue. Guns 'N Roses earned $40.4 million while out on tour, which used to be almost 96% in their source of revenue. Beyonce made $54.7 million from her tour, which made up 88% of her 2016 source of revenue. While Taylor Swift might have earned $200 million-$400 million from her amazing Eras tour, it kind of feels not likely that Electric Live Orchestra 2024 Farewell Tour grossed rather that a lot since their tour did not have moderately the same hype.

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However, based on these numbers, it seems impossible for Jeff Lynne not to walk away with a ton of money in the bank. It's fair to say that his decision to go out on tour with Electric Light Orchestra one last time in 2024 was a wise financial one.

Electric Light Orchestra Album Name

Release Date

"The Electric Light Orchestra No Answer"

December 1971

"ELO 2"

January 1973

"On the Third Day"

November 1973

"Eldorado"

September 1974

"Face the Music"

September 1975

"A Whole New Record"

October 1976

"Out of the Blue"

October 1977

"Discovery"

June 1979

"Xanadu"

July 1980

"Time"

July 1981

"Secret Messages"

June 1983

"Balance of Power"

March 1986

"Zoom"

June 2001

"Alone in the Universe"

November 2015

"From Out of Nowhere"

November 2019

While many bands make most of their money thanks to touring, he earns an income from a few other creative pursuits. Lynne wrote songs for singers such as Tom Petty and has also made a living as a music producer. However, it's fair to assume that his Electric Light Orchestra 2024 Farewell Tour earnings were equal to or more than what he made as a songwriter or producer.

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Fans shared their excitement over Electric Light Orchestra performing again on Reddit, which proves that there was a lot of interest in the goodbye tour. Redditor @ctkamp3 wrote:

"Saw them on their remaining tour and if you like ELO, you don’t wanna pass over this. One of the most productive presentations I’ve ever noticed; the lighting are amazing, Lynne and the band all sound nice."

Why Did Electric Light Orchestra Stop Touring?

Electric Light Orchestra stopped touring because Jeff Lynne wasn't a fan. In 2012, Bev Bevan, ELO's drummer, talked about why Electric Light Orchestra never toured after a certain point.

Bevan said:

“Basically, the band ended when we decided to stop touring. The last big tour was in 1981 – the Time tour – but after that Jeff never really wanted to tour. Personally, I’ve always loved that side of things. Playing live was always the thing I enjoyed the most."

Although traveling can be profitable for musicians, Lynne talked about his complicated feelings about reside performances in quite a lot of interviews.

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According to Far Out Magazine, Jeff Lynne talked about his song "Mr. Blue Sky" and mentioned it was once tricky to accomplish for an target market as it used to be a special enjoy. He stated, "I didn’t like the sound at all. The live set was not much fun for me.” He continued, "We were all doing our easiest. We had been trying to get it as excellent as shall we get it, however it was tricky. Especially in the ones 10,000 seater places the place you couldn’t in point of fact listen your self."

The singer echoed that observation in 2013. According to Ultimate Classic Rock, he mentioned that he beloved being a tune producer because he preferred to be in the studio, no longer out on degree. He said, . "Even when I used to be on tour and on level singing, I could be fascinated about another track I’m working on. Which just displays you my heart wasn’t in are living performance, that it used to be in the studio, and it at all times has been. That’s why I became a producer."

In 2015, Lynne geared up to play with Electric Light Orchestra again after they performed at Hyde Park in 2014. He told Louder Sound that he didn't like going on tour back in the 1970s. He said:

"My memory of touring in the glorious seventies was once that it was crap and I hated it. I simply remember having to catch planes at all times – 3 planes to get to one gig – and taking part in loads of gigs in a row with no time without work."

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