Gene Simmons Net Worth

Have you thought about the net worth of the legendary Gene Simmons would be? Let’s take a sneak peek at Gene Simmons’s life journey from lower middle-class boy to multi-millionaire star. Gene Simmons has got a versatile talent by being a musician, songwriter, actor, author, producer and entrepreneur.

Gene Simmons Net Worth

Gene Simmons net worth is estimated to be $400 million, up until now in 2021. His wealth comes from various sources; his block-buster live shows and concerts of his rock band. Besides this, he is the co-owner of rock band named ‘Kiss’ and from this band he benefits through licensing agreements and merchandise deals of more than 5,000 commodities covering from lunch boxes, bats, pinball machines, board games, even condoms and coffins.

Simmons also explored acting career and hosted various TV shows and talk shows. He has also got hands-on magazine and book publishing.

Early Life

Gene Simmons was born on 25th August 1949 in Israel and his birth name was Chaim Witz. His parents were Florence Klein and his father Ferenc Yehiel Witz who worked as a carpenter. He spent his childhood in poverty; at age 7, he used to sell wild fruits on roadsides with his friend.

At age of 8, when his mother parted ways with his father, Simmons and his mother shifted to New York where he changed his name to Gene Klein. He was enrolled in Jewish School earlier then later he acquired education from Richmond College and Sullivan County Community College.

He developed keen interest in music via watching the performance of ‘The Beatles’. This interest made him practice guitar for years but then he shifted his interest in bass for rock band. Before the commencement of music career he pursued different jobs from typist to editor’s assistant of fashion magazine named Vogue and also served as a sixth grade tutor.Later, to pay the tribute to rock artist Jumpin’ Gene Simmons he decided Gene Simmons to be as his stage name.

Career

Simmons formed his first band Lynx. Then eventually with Paul Stanley he started new band under the name Wicked Lester and they recorded their album but it never get released. Thereafter the setback, they created ‘Kiss’ rock band with Paul Frehley as drummer and guitarist, the band which brought them in the limelight of the musical industry.

In Kiss band they implemented an idea of makeup art theme to express themselves. This led Simmons to get fame as ‘The Demon’. In 1975, the band released their first album and with another hit. Later, Simmons released his solo album in 1978.Years later, when fame of Kiss was declining, they set down their special trait of makeup theme but it resulted in regaining their fame back.

Gene made his way to an acting career too. He acted in several films and also hosted various TV shows. Even he carried out publishing magazines.

Personal Life

Earlier Gene Simmons dated Diana Ross and Cher. Finally he married a Canadian actress and model Shannon Tweed on 1st October 2011. He was dating Shannon for 28 long years. The couple have two kids named Nick and Sophie. Though Simmons used to address marriage as an institution, where he doesn’t want to live, and even he bantered that he is happily unmarried to Shannon.

However, his life stayed up controversial. In 2004, his statements over religious extremists then again in 2008, when a sex tape of him and unknown women got published he was in headlines. His statement about encouraging depressed people should suicide in an interview caught him again. Then again his claim of sharing bed with more than 4000 women, he became topic of gossip.

Real Estate

From way back 1986, Gene Simmons main house is located at Beverly Hills in California covering almost 2 acres of land which he purchased in year 1984 for $1,327,500. Now, the price of this place is hiked up to $3 million approximately.

His residence has been built in a 16,500 sq-foot area. For the construction of their beautiful abode with 10 bedrooms on these hills, it cost around $12 million. This house has also been portrayed in his reality show.

But in October 2020, both Simmons and Shannon registered their residence on sale for $22 million in order to permanently move in to their other property which is 24 acres of land close to Mount Rainier at Washington.Now in 2021, the news reports that Simmons and Shannon have bought a house for $5.8 million in Malibu located at the peak of hills.

Conclusion

Gene Simmons had built a remarkably great career in the music industry. While growing his net worth of over $400 million he meets up with various aspects of himself generating various sources of his wealth. If we missed anything about Gene Simmons tell us in the comments.