Lars Ulrich’s net worth is anticipated to be $350 million. He is recognized as the drummer and co-founder of Metallica, an American heavy metal band. His fortune comes from owning residential properties, art collections, and music royalties.
Where did Lars Ulrich get his wealth?
Lars Ulrich co-founded one of the world’s most successful heavy metal bands, Metallica. Ulrich amassed his large fortune through real estate holdings, band earnings, and art collections.
The rock band, Metallica, has released 10 albums and sold 125 million copies worldwide. The members are James Hetfield, Kirk Hammett, Robert Trujillo, and Lars Ulrich. Based on Grammy.com, they officially won eight Grammy Awards throughout their career.
Famous songs like “Master of Puppets,” “Enter Sandman” and “One” have helped the band maintain a large fan base over the years. Metallica was inducted into the Rock and Roll Hall of Fame in 2009.
The band has earned millions of dollars from concert tours, merchandise sales, album sales, and royalties over the years. For example, between July 2018 and July 2019 alone they earned $70 million.
Real Estate Properties
In addition to his earnings from Metallica, Ulrich also owns several properties around the US. His real estate portfolio includes homes in San Francisco. According to CelebrityNetWorth.com, one of his most notable properties includes the $12 million panoramic dream house (plus two adjacent lots) located in Tiburon, California (north of San Francisco, in Marin County).
It is on top of a hill that provides breathtaking views and spans 13,000 square feet with 25 bedrooms, an indoor library, a basement sports court, six-person sauna, hot tub, media room and a pool. Talk about luxury!
Aside from being a drummer, Lars Ulrich is also an art collector. In 2002, he sold one of Basquiat’s paintings for $5.5 million, and in 2008 he sold another for $13.5 million. Aside from Basquiat, he has a particular affinity for graffiti artists such as Jean Dubuffet and Sam Francis.
What is Lars Ulrich known for?
Coming from a family who is inclined to tennis, Lars Ulrich could have easily ended up being a professional tennis player like his father. Instead, he took an interest in music, particularly drumming. In 1981, he co-founded the heavy metal group Metallica.
Facts about Lars
Tennis to drums
According to Metalshout.com, Lars Ulrich was the son of the famous tennis player, Torben Ulrich. Many people thought that he would end up being a professional tennis player as well, but instead, he took an interest in drumming. Lars Ulrich had a realization that he wanted to be a drummer when his father brought him to a Deep Purple concert.
Starting the band with a newspaper ad
As mentioned in the book Enter Night: A Biography of Metallica, the early days of Metallica began in 1981, Ulrich placed an ad in a local newspaper that said “Drummer looking for other metal musicians to jam with Tygers of Pan Tang, Diamond Head, and Iron Maiden.”
The people who responded to his ad formed Metallica which became one of the most successful heavy metal bands in history. Who would have thought that starting a band would be as easy as placing an ad in the newspaper?
“Downloaded,” a documentary film made by Alex Winter, shows Ulrich’s involvement in the Napster file-sharing case. Ulrich was highly critical of the company and Metallica took legal action against them for copyright infringement and racketeering in 2000.
Drummer and an Actor
You might’ve seen Ulrich in the HBO film called “Hemingway and Gellhorn” in which he played Joris Evens. Ulrich left an impression on film director Philip Kaufman, resulting in him being chosen for the part. He also had a cameo on “Get Him to The Creek” which made fans chuckle.
Whether it’s drums, music, or acting, Lars Ulrich has made a name for himself in many different arenas. As a devoted musician and an outspoken advocate for rights, his wealth is sure to continue to grow in the coming years. His incredible net worth of $350 million is a clear indication of his success.