Gene Simmons Net Worth 2022 Is He Billionaire?

Gene Simmons net worth(2022): Gene Simmons is best known as the bass player for the rock band KISS, which he helped start in the early 1970s. He makes most of his money from selling albums, playing concerts, and streaming music. People are looking for information about Gene Simmons’ net worth as of 2022. So, we have updated Gene Simmons’ net worth to 2022, age, height, and a lot of other information right here on our page

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Gene Simmons Early Life

Gene Simmons was born Chaim Witz in Haifa, Israel, on August 25, 1949. Florence Klein and Ferenc Yehiel Witz, a carpenter, had him. During the Holocaust, only his mother and her brother, Gene Klein’s uncle, Larry Klein, made it out of a Nazi concentration camp alive. When he was eight years old, Gene moved to Jackson Heights, Queens, in New York City with his mother. When Chaim Witz moved to America, he changed his name to Eugene Klein, which is more American.

After seeing The Beatles on the Ed Sullivan show, he also became very interested in music. His mother gave him a used guitar because he had recently become interested in music. Gene got very good at playing the guitar, but he switched to the bass because he thought it would be easier to join a band. Eugene started his first band, Lynx, when he was in high school. It was later renamed “Missing Links. Simmons joined The Long Island Sounds after leaving The Missing Links.

Gene went to Sullivan County Community College for a short time and then switched to Richmond College. Eventually, he got a degree in education from Richmond College. After he got his degree, Simmons taught first grade in Spanish Harlem, and he also worked as a personal assistant for the editor of “Vogue” and “Glamour” magazines. During this time, he changed his name to Gene Simmons to honor “Jumpin’ Gene Simmons,” a famous rockabilly musician. Simmons joined a new band called Bullfrog Bheer, and the band recorded the demo Leeta. (Later, it was added to the Kiss box set.)

Gene Simmons Career

 

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Music Career

He moved from the yeshiva to a public school in Jackson Heights after a year there. During this time, he became interested in music. Simmons admits in his autobiography, Kiss and Make-up, that he became interested in music after watching The Beatles on TV one night. “Maybe the girls will scream at me if I start a band,” he reasoned. So, while Simmons was in middle school at Joseph Pulitzer, he and a couple of friends formed a band called The Missing Links to get the attention of the girls in their class. The group, which Simmons led, won a school talent show, which brought Simmons some attention.

This led Simmons to join several bands, including the Long Island Sounds and Bullfrog Bheer. Simmons wanted to be famous, but he also didn’t want to disappoint his mother, who urged him to finish college. Simmons went to Sullivan County Community College after high school to get an associate’s degree in education. After two years there, he moved back to New York City to finish his bachelor’s degree at Richmond College.

Simmons’ bandmate and childhood friend, Steve Coronel, introduced Simmons to guitarist Stanley Eisen soon after Simmons graduated from high school in 1970. (Later he was known as Paul Stanley.) Stanley joined Simmons and Coronel’s band, Wicked Lester, and the group was successful in nightclubs.

But the band wasn’t making enough money, so Simmons worked briefly as a sixth-grade teacher in Spanish Harlem and then as an assistant at the Puerto Rican Interagency Council. Other odd jobs include working as a temp at the Kelly Agency, working as a cashier at a deli, working as an assistant at Glamour, and working as an assistant to editor Kate Lloyd at Vogue.

Big Break

Stanley got the phone number of a studio engineer at Jimi Hendrix’s Electric Lady Studios, which was a lucky break for Wicked Lester. Instead of calling the engineer, Simmons called Ron Johnsen, who was in charge of the studio.

Stanley got Johnson to go see the band play, and when he saw how good the band was, he agreed to record and sell Wicked Lester’s demo tape. In the meantime, Simmons and Stanley worked as session singers for artists like Lynn Christopher and learned how to use recording equipment.

With Johnson’s help, Epic Records found the group and agreed to pay for the recording of a full album. One of the conditions was that Ron Leejack would replace Stephen Coronel. Simmons and Stanley agreed to the plan, and it took nearly a year to finish the new album. But when the album was done, Epic’s A&R director said he hated it and wouldn’t let it come out. The group was kicked off Epic the next day.

Forming Kiss

Simmons and Stanley changed the way the group worked because they didn’t want the failure to affect them. The first new member was drummer Peter Criss, who saw an ad for the band in Rolling Stone and decided to join. After answering an ad in The Village Voice, guitarist Paul “Ace” Frehley was chosen to be their second new member. By December 1972, the band had made a strict schedule for practicing and changed their name to KISS.

Simmons suggested that the group also change their looks by putting on crazy make-up and wearing all black. This idea came from his childhood love of comic books and horror movies. Simmons later said that Black Bolt, a character from a Marvel comic book, gave him the idea for his “Demon” face paint, which looked like bat wings.

Simmons also worked with a trainer to learn how to breathe fire for his shows. The new group gave its first show at the Popcorn Club in Queens, New York, on January 30, 1973. Only three people were in the audience.

In October 1973, TV producer Bill Aucoin wanted to manage the group after seeing them perform. Simmons and the other members of his band agreed, but Aucoin had to get the group a recording contract within two weeks. KISS got a contract with Casablanca Records by using a demo tape made by legendary engineer Eddie Kramer, who had worked with Simmons and Stanley at Electric Lady Land.

Kiss Rock On

Stanley, Simmons, Carr, and Kulick worked well together creatively, and the band started putting out platinum albums like Asylum in 1985, Crazy Nights in 1987, and Smashes, Thrashes, and Hits in 1988. In 1983, the group stopped wearing make-up when they performed, relying less on flashy showmanship and more on substance.

Instead of focusing on making movies, Simmons found it hard to be excited about the new version of his band. His movies, like “Runaway” (1984) and “Trick or Treat” (1986), did not do well at the box office. Simmons and his bandmates were hit again when Carr was told he had cancer. Carr died in 1991 from bleeding in the brain after he had been sick for a long time.

Even though they were sad, KISS got back together, hired a new drummer, Eric Singer, and put out Revenge in 1992. The album got a gold record and was in the Billboard Top 10. Simmons and Stanley put together a reunion tour of the original KISS members in 1996, while the band’s most recent lineup continued to record and tour. In 1996, KISS was the best concert act, making over $43.6 million from shows with the original band members in full make-up and costumes.

Gene Simmons Net Worth

Gene Simmons Net Worth
Gene Simmons Net Worth

Gene Simmons has made an estimated $800 million throughout his career. Kiss has sold over 100 million records worldwide and has annual tours worth up to $100 million. The band has made more than $1 billion from selling merchandise and getting licensing deals.

Simmons has mostly lived in California and worked during high federal tax years, so he will have paid about 54% of his career income in taxes. That is, even after taking into account tax laws. His career earnings are estimated to be around $368 million, and he has paid $432 million in taxes.

In 2011, Gene Simmons married Shannon Tweed, and they are still together. They have two kids together, Nick Simmons and Sophie Simmons, and their family life seems to have been stable. Gene has probably spent $15–17 million of his career earnings on his personal life, but he has also made $80–90 million from investments. He has bought and sold real estate, such as a mansion he put on the market for $22 million in 2020. He also spent $4 million building a home near Whistler, British Columbia. He also bought several expensive homes in Malibu and Beverly Hills.

Simmons will also have to pay between $10 million and $14 million in business costs. So, it is estimated that Gene Simmons net worth of about 425 million dollars.

Later Projects

Simmons, on the other hand, was busy with other things at this point, like publishing, fashion, and acting. In 1998, the original group of four put out an album called Psycho Circus. It was their first album in almost 20 years.

But the original band members got back together. Frehley was replaced on lead guitar by Tommy Thayer, and Peter Criss was replaced on drums by Eric Singer. In the last 10 years, the reformed band went on tour. Then, in 2009, Stanley and Simmons said that the original Kiss would get back on the road and start putting out new music. In October 2009, Sonic Boom hit store shelves. The band is on a farewell tour right now.

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Gene Simmons Personal Life

Gene Simmons Net Worth
Gene Simmons Net Worth

Simmons has dated Liza Minnelli, Cher, and Diana Ross, but since the mid-1980s, he has been living with actress and former Playboy playmate Shannon Tweed. The couple has two kids: a son named Nick and a daughter named Sophie.

In 2006, the family made the switch to reality TV with the show Gene Simmons Family Jewels on the A&E network. Each episode had a different family adventure, like when Tweed and Simmons got plastic surgery together or when Simmons managed Nick’s band. The show ran for six seasons, and in the sixth season, Simmons and Tweed got married in Beverly Hills, California, on October 1, 2011.

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