What Is Trey Anastasio’s Net Worth?
Trey Anastasio, renowned as the lead vocalist of Phish, boasts a considerable net worth of $85 million. This figure is primarily attributed to his extensive career in music, spanning from his foundational work with Phish to his various solo endeavors and compositions for stage and orchestra.
Career and Musical Ventures
Anastasio’s journey began in the early 1980s when he co-founded Phish. Over the years, he has composed over 150 songs for the band, contributing significantly to their distinctive sound and improvisational style. Phish has released numerous albums, including “The White Tape” in 1986 and “The Man Who Stepped Into Yesterday” in 1988, the latter serving as Anastasio’s senior project at Goddard College. By the 1990s, Phish achieved mainstream success, touring extensively across the United States and gaining exposure on MTV. While the band briefly disbanded in 2004, they reunited in 2009, releasing a reunion album and resuming regular performances.
Beyond Phish, Anastasio established the Trey Anastasio Band in 1998, further expanding his musical repertoire. He has also pursued a solo career, collaborating with a diverse array of artists and orchestras, including the New York Philharmonic, the Los Angeles Philharmonic, and the Baltimore Symphony Orchestra. As a composer, he co-wrote the score for the Broadway musical “Hands on a Hardbody” with Amanda Green, earning a Tony Award nomination. His versatility and prolific output have solidified his reputation as a multifaceted musician.
Early Life and Education
Born Ernest Joseph “Trey” Anastasio III on September 30, 1964, in Fort Worth, Texas, Anastasio relocated to Princeton, New Jersey, with his family at the age of three. His father was an executive vice president at the Educational Testing Service, while his mother was an author and editor for Sesame Street Magazine. After attending public schools, Anastasio later attended a private school where he met Steven Pollak, also known as the Dude of Life, who would collaborate with him on numerous Phish songs. Anastasio initially attended the University of Vermont, studying philosophy, before transferring to Goddard College, from which he graduated in 1988. It was during his time at the University of Vermont that he met future Phish members Jon Fishman, Mike Gordon, and Jeff Holdsworth, forming the foundation of the band’s initial lineup.
Real Estate Holdings
In 2015, Anastasio listed his home in Palisades, New York, for $2.995 million. He had originally purchased the residence, located in the affluent neighborhood of Snedens Landing, from actress Lorraine Bracco in 2009 for $2.7 million. The property, situated on the Hudson River adjacent to 2,500 acres of riverfront parkland, features a private, rocky cove and a 2,121-square-foot house with three bedrooms. However, after struggling to sell the property, Anastasio eventually sold it for $1.83 million in 2018, incurring a significant loss of nearly $1 million from the original purchase price. Additionally, Anastasio owns a co-op apartment on Central Park West in New York City, which he acquired in 2006 for $2.6 million. He also owns a rural property in Burlington, Vermont, known as “The Barn” or “The Farmhouse,” which serves as a rehearsal and recording facility. This property has been used to record most of Phish’s albums since 1999, as well as albums by other artists such as Bela Fleck, John Patitucci, and Tony Levin.
Legal Issues and Personal Life
In 2006, Anastasio faced legal troubles when he was arrested for driving under the influence (DUI) in Whitehall, New York. During the arrest, officers found heroin and other drugs in his vehicle. Anastasio pleaded guilty and was sentenced to a 14-month program involving drug tests, community service, and rehabilitation. Upon completion of the program, his conviction was reduced to a misdemeanor. Anastasio has maintained sobriety since 2007. While specific details regarding his personal life are not extensively publicized, his dedication to music and his commitment to sobriety have been defining aspects of his public persona.