What Is Alesso Net Worth’ Net Worth
Alessandro Renato Rodolfo Lindblad, known professionally as Alesso, is a Swedish DJ and record producer who has carved a prominent space in the electronic dance music (EDM) scene. As of 2024, Alesso’s net worth is estimated to be around $40 million. This valuation is based on his earnings from music production, live performances at major festivals such as Coachella and Tomorrowland, collaborations with various artists, and other business ventures.
Early Life and Career Beginnings
Born on July 7, 1991, in Stockholm, Sweden, Alessandro Lindblad’s musical journey began at the age of 7 with piano lessons. However, he transitioned to electronic dance music at 16. Alesso gained initial recognition in 2010 with his self-titled EP. In 2011, Sebastian Ingrosso of Swedish House Mafia contacted Alesso, leading to a mentorship that significantly boosted Alesso’s career. Ingrosso helped him with DJing and music production. One of their early collaborations, “Calling,” reached number 2 on the Beatport charts in 2011 and was later re-released as “Calling (Lose My Mind)” featuring Ryan Tedder.
Alesso’s remix of “Pressure” by Nadia Ali in 2011 topped The Hype Machine charts and became one of the most played EDM tracks of that year. This early success propelled him onto DJ Magazine’s Top 100 DJs list in 2011, securing the 70th spot. MTV named him one of the “EDM Rookies to Watch” in 2012. By 2013, Alesso had performed at major festivals such as Coachella, Electric Daisy Carnival, Ultra Music Festival, and Tomorrowland. He also accompanied Madonna on her MDNA World Tour for select European shows, further broadening his exposure and solidifying his position in the EDM world.
Key Milestones in Alesso’s Career
Alesso’s career is marked by a series of significant milestones that have contributed to his fame and financial success. In 2012, he debuted his first BBC Radio 1 Essential Mix. In 2013, Alesso reached number 13 on DJ Magazine’s Top 100 DJs list, reflecting his increasing influence in the EDM scene. By 2014, he achieved his highest ranking on the list of “Top 100 DJs,” coming in at 13th place.
In July 2014, Alesso signed with Def Jam Recordings, becoming only the second EDM artist on the label. He then embarked on a tour called “Heroes Tour,” named after his single “Heroes (We Could Be)” featuring Tove Lo. His debut full-length album “Forever” was released in May 2015, featuring tracks like “Cool.” By 2018, Alesso had already played at major music festivals like Coachella, Electric Daisy Carnival, Ultra Music Festival, and Tomorrowland. In 2023, Alesso joined Bad Bunny’s “World’s Hottest Tour” as an opening act. This tour grossed $49,112,859 with an average ticket price of $102.81, selling 477,688 tickets across all shows.
Earnings and Income Streams Contributing to Alesso Net Worth
Alesso’s $40 million net worth is built upon multiple income streams, primarily driven by his success as a DJ and record producer. His annual performance income is rumored to be approximately $12.5 million. In 2019, Forbes estimated his earnings at $12.5 million, placing him among the world’s highest-paid DJs.
Alesso’s income is largely derived from live performances at music festivals and clubs. For instance, reports suggest that Alesso can command fees starting at $100,000 for an hour-long set at big festivals, plus travel and hotel costs. However, the fee can vary depending on the venue, location, and the nature of the event. Smaller venues or clubs might see him charging between $20,000 and $40,000 for an hour-long set, provided the location is convenient for him, such as being close to his home or aligned with his touring schedule.
Beyond live performances, Alesso’s discography contributes to his financial standing. His Spotify streams have notably added to his revenue, with billions of streams across his discography. Alesso’s collaborations and remixes have further diversified his income sources, with tracks like “Calling (Lose My Mind)” and “Heroes (We Could Be)” generating substantial revenue over the years. Alesso also had brand endorsements with brands from Diesel to Samsung, as well as outside business ventures like his own Dim Mak record label and clothing brand.
Alesso’s Real Estate Investments
Alesso has also made strategic investments in real estate. In December 2018, he purchased a 6,587-square-foot, six-bedroom home in Studio City, California, for $5.825 million. The modern residence, built in 2017, featured a white exterior with warm wood and glass accents, a movie theater, gym, wet bar, and wine storage. This property was later sold in 2021 for $6.35 million, reflecting a gain of over $500,000. This property had 6 bedrooms and 8 bathrooms. The property was situated on a third of an acre.
Alesso’s Lifestyle and Assets
While Alesso maintains a level of privacy, he is known to enjoy certain luxuries that are commensurate with his success. Alesso has been seen traveling on a Cessna Citation XL, known for its quiet operation, comfortable seating for up to six passengers, and amenities such as a washbasin, advanced climate control, and electrical outlets. This model is one of the most commercialized private jets of all time. In addition to his interests in private air travel, Alesso is known to have a fondness for luxury cars, including owning a Lamborghini.
Collaborations and Notable Works
Throughout his career, Alesso has collaborated with numerous renowned artists, including Tove Lo, Theo Hutchcraft, Ryan Tedder, Hailee Steinfeld, Calvin Harris, Katy Perry, Anitta, Usher, David Guetta, Sebastian Ingrosso, Liam Payne, TINI, and Stray Kids. His notable works include his debut full-length album, “Forever,” released in 2015 under Def Jam Recordings, featuring hits like “Heroes (We Could Be)” and “Cool.”
Alesso in Other Media
Alesso’s influence extends beyond music into other media. His track “Payday” was featured in the video game Payday 2, where players rob a vault during an Alesso concert. He has also been involved in collaborations that merge music with fashion, such as his partnership with Carolina Herrera for the launch of the 212 VIP CLUB LIMITED edition fragrances, featuring his track “If It Wasn’t For You.” In 2021, Alesso partnered with NFT platform OneOf and space tourism firm World View to launch his debut NFT collection, “Cosmic Genesis,” offering stratospheric space flights for two token holders.