What Is Ozzy Osbourne’s Net Worth?
Ozzy Osbourne, the iconic English singer, songwriter, actor, and television personality, has amassed a considerable fortune throughout his extensive career. His current net worth is estimated to be $220 million, a combined figure with his wife, Sharon Osbourne, who is a prominent television personality and music manager.
Early Life and Career Beginnings
Born John Michael Osbourne on December 3, 1948, in Birmingham, England, Ozzy’s journey to stardom began humbly. Growing up in a working-class family with three older sisters and two younger brothers, he left school at age 15 after being inspired by the Beatles’ “She Loves You” in 1963. He then took on various jobs including construction site laborer and trainee plumber to apprentice toolmaker and car factory horn-tuner, among others. These experiences laid the foundation for his future success. In late 1967, Ozzy joined Geezer Butler as vocalist for Rare Breed which broke up after 2 shows. Later they reunited to form Polka Tulk Blues with Tony Iommi and Bill Ward. By August 1969, they changed their name to Black Sabbath.
Black Sabbath and Early Success
Ozzy Osbourne’s career took off as the lead vocalist of Black Sabbath. The band signed to Philips Records in November 1969 and released “Evil Woman” in January 1970 as their first single. Their self-titled debut album was released the following month. Black Sabbath’s debut album achieved commercial success despite initially receiving unfavorable critical reviews. Subsequent albums such as “Paranoid” (1970), “Master of Reality” (1971), and “Volume 4” (1972) mirrored this trend, achieving considerable commercial success despite critical reservations. Master of Reality was certified gold less than two months after its release, and Volume 4 achieved gold status within a month. By 1973, Black Sabbath released “Sabbath Bloody Sabbath” which became their first album to receive positive reviews from the mainstream press and was their fifth consecutive platinum album in the United States. Other albums Osbourne worked on with the band include Sabotage (1975), Technical Ecstasy (1976) and Never Say Die! (1978).
Solo Career Launch and Album Sales
In April 1979, Ozzy was fired from Black Sabbath and later signed with Don Arden to Jet Records. Ozzy formed the band Blizzard of Ozz in late 1979 and released their debut album Blizzard of Ozz (1980), which was credited solely to Osbourne and marked the beginning of his solo career. Blizzard of Ozz and Diary of a Madman went on to achieve multi-platinum status, contributing significantly to Osbourne’s wealth. Later albums included Speak of the Devil (1982), No Rest for the Wicked (1988), No More Tears (1991), among others. His first solo album in more than ten years, Ordinary Man, was released on February 21, 2020. He followed that up with Patient Number 9 in September 2022. He has sold over 100 million albums throughout his career, making him one of the best-selling music artists of all time. Osbourne has a star on the Hollywood Walk of Fame as well as the Birmingham Walk of Stars.
Ozzfest and Merchandise Sales
In the mid-1990s, Osbourne pioneered the metal festival tour Ozzfest, which he continues to organize and at which he has performed on an occasional basis. It is managed by his wife/manager Sharon Osbourne and assisted by his son, Jack. The first Ozzfest was held in Phoenix, Arizona, on October 25, 1996. It has since welcomed five million attendees and grossed over $100 million. The success of Ozzfest has been a significant source of income for Osbourne, with the festival grossing over $100 million in revenue from five million attendees. Thanks to the success of Ozzfest, Osbourne was the first hard rock and heavy metal star to hit $50 million in merchandise sales.
Reality TV Ventures
Ozzy Osbourne’s foray into reality television further boosted his net worth. The Osbourne family had their own reality television show The Osbournes on MTV, which ran from 2002 to 2005. Additionally, Osbourne and his wife Sharon starred in the 2004 MTV reality show Battle for Ozzfest, which featured several unsigned bands competing for a spot in the 2005 Ozzfest. The show’s first season was credited as the most-viewed series ever on MTV at the time. Osbourne and his son Jack also starred in the reality series Ozzy & Jack’s World Detour on the History Channel from 2016 to 2018. The Osbournes reality show became a cultural phenomenon, exposing Ozzy to a new generation of fans and generating substantial revenue through licensing and syndication deals.
Endorsements and Other Ventures
Ozzy Osbourne has also engaged in various endorsement deals and other ventures. These include appearing in television commercials for brands and products such as I Can’t Believe It’s Not Butter! and the video game World of Warcraft. He is also featured as a playable character in the video game Guitar Hero World Tour. In November 2017, Ozzy became the ambassador for a rock-themed online casino known as Metal Casino. In February 2019, it was announced he would have his own branded online slots game as part of the NetEnt Rocks music-themed portfolio. These diverse activities have added to his overall net worth.
Real Estate Holdings
Ozzy and Sharon Osbourne have a history of investing in real estate. In 2011, Ozzy and Sharon listed a 2-acre estate with an 11,000-square-foot mansion in Hidden Hills, California, for $12.999 million. They sold this house in March 2013 for $11.5 million. At roughly the same time as listing their Hidden Hills mansion, the Osbournes also listed an oceanfront beach mansion in Malibu for $9.45 million. They sold this home in April 2012 for a tad under $8 million. In 2014, O&S bought their first condo in the Sierra Towers building in Los Angeles for $4 million. In 2021, they bought the unit next door. In total, they paid around $6.3 million for both. He listed the original for sale in 2023 for $4.8 million. In 2015, Ozzy and Sharon paid $12 million for an 11,500-square-foot mansion in LA’s Hancock Park neighborhood. In July 2022, not long after announcing their intention to move back to their native England, Ozzy and Sharon listed this home for sale for $18 million. In November 1999, Ozzy and Sharon paid $4 million for a 10,000-square-foot mansion in Beverly Hills that would soon become famous as the filming location of their reality TV show. They sold this home for $11.5 million in April 2013. The buyer was Christina Aguilera. In 1993, Ozzy and Sharon paid an undisclosed amount to acquire a historic estate called Welders House in the village of Jordans in Buckinghamshire, England. These real estate transactions have significantly contributed to their overall wealth.
Retirement From Touring and Future Plans
In January 2023, Ozzy announced his retirement from touring after having to cancel the European leg of the No More Tours II tour after several years of it being postponed, citing his accident in 2019 that left him with spinal damage. He plans to continue performing in a more limited context. Despite retiring from touring, Osbourne’s extensive music catalog and other ventures will likely continue to generate income for years to come.