Net Worth Ranker
What Is Giorgio Moroder’s Net Worth’ Net Worth
Giorgio Moroder, a highly influential Italian songwriter, composer, and record producer, boasts a net worth of $20 million. This substantial wealth is primarily attributed to his prolific career in music, encompassing songwriting, composing, record production, and film scoring.
Early Career and Musical Beginnings
Born Giovanni Giorgio Moroder on April 26, 1940, in Urtijëi, South Tyrol, Italy, Moroder’s musical journey began in his teenage years. Self-taught on the guitar, he embarked on a career as a professional musician by the age of 18, touring across Europe and honing his skills in both performance and recording. In the 1960s, Moroder ventured into songwriting and sound engineering, marking the start of his ascent in the music industry. His early collaborations included co-composing “Ich sprenge alle Ketten” (“I bust all the chains”) for Ricky Shayne, which became a hit in Germany. This success was followed by another hit, a cover of Sir Douglas Quintet’s “Mendocino.” His discography starts with his debut album, “That’s Bubblegum – That’s Giorgio,” released in 1969.
Studio Albums and Hit Singles
Throughout the 1970s, Giorgio Moroder continued to release studio albums, including “Giorgio” (1970), “Son of My Father” (1972), and “Giorgio’s Music” (1973). His 1970 single “Arizona Man” achieved considerable success in France, reaching #6 on the charts. However, it was his 1972 single “Son of My Father” that propelled him to international recognition, especially after it was covered by the English pop group Chicory Tip. His 1976 album, “Knights in White Satin,” reached #43 on the Australian charts, showcasing his growing global appeal. In 1977, Moroder released the album “From Here to Eternity” and co-wrote and produced Donna Summer’s iconic hit “I Feel Love,” which was certified Platinum in Canada and Gold in the U.S. and U.K. This collaboration marked a significant milestone in Moroder’s career and cemented his status as a pioneer of electronic dance music. These musical accomplishments are contributing factors to Giorgio Moroder’s net worth.
Film Soundtracks and Award-Winning Compositions
A significant portion of Giorgio Moroder’s net worth stems from his work in film soundtracks. His involvement in the 1979 “Midnight Express” soundtrack earned him his first Academy Award. The 1980s saw him composing and producing soundtracks for “American Gigolo” and “Foxes.” “American Gigolo” featured Blondie’s “Call Me,” produced by Moroder, which was nominated for a Golden Globe for Best Original Song – Motion Picture. In 1982, he wrote the “Cat People” soundtrack, and the single “Cat People (Putting Out Fire)” featuring David Bowie, topped charts in several countries. Moroder produced the 1983 “Scarface” soundtrack and contributed to the restoration and edit of the 1927 film “Metropolis” in 1984, providing a soundtrack featuring artists like Pat Benatar and Freddie Mercury. His collaboration with Limahl on “The NeverEnding Story” and Philip Oakey on “Together in Electric Dreams” further solidified his reputation. Moroder composed the score for 1986’s “Top Gun,” and in 1987, co-wrote and produced “Meet Me Half Way” and Falco’s “Body Next to Body.” These soundtracks not only brought critical acclaim but also contributed significantly to his financial success. “Flashdance…What a Feeling” and “Take My Breath Away” further enhanced Giorgio Moroder’s net worth.
Olympic and World Cup Themes
Giorgio Moroder’s influence extended beyond film, as he also composed theme songs for major sporting events. He created the theme for the 1984 Los Angeles Olympics, the 1988 Seoul Olympics, and the 1990 FIFA World Cup. These high-profile commissions not only showcased his versatility as a composer but also provided substantial income, contributing to Giorgio Moroder’s net worth.
Later Albums and Collaborations
After releasing the albums “To Be Number One” in 1990 and “Forever Dancing” in 1992, Giorgio Moroder took a hiatus in 1993. He returned to the music scene in 2012, composing the theme music for Google’s “Racer.” In 2013, he featured on Daft Punk’s album “Random Access Memories,” performing the track “Giorgio by Moroder.” This collaboration revitalized his career and introduced him to a new generation of listeners. In 2015, he released his sixteenth album, “Déjà Vu,” which reached #1 on the “Billboard” Top Dance/Electronic Albums chart. The singles “Right Here, Right Now” (featuring Kylie Minogue) and “Déjà Vu” (featuring Sia) topped the “Billboard” Dance Club Songs chart. Moroder also joined Minogue on her 2015 “Kiss Me Once Tour” and appeared on her EP “Kylie + Garibay.” In 2021, he co-wrote and produced tracks for Duran Duran’s album “Future Past.” Moroder’s continued activity in the music industry has ensured a steady income stream, contributing to his net worth.
Awards and Recognition
Giorgio Moroder’s contributions to music and film have been widely recognized through numerous awards and nominations. He has won three Academy Awards: Best Music, Original Score for “Midnight Express” (1979) and Best Music, Original Song for “Flashdance…What a Feeling” (1984) and “Take My Breath Away” (1987). He has also earned nine Golden Globe nominations, winning Best Original Score – Motion Picture for “Midnight Express” and “Flashdance” and Best Original Song – Motion Picture for “Flashdance…What a Feeling” and “Take My Breath Away.” Moroder has received nine Grammy nominations, winning Best Instrumental Composition for “Love Theme from Flashdance,” Best Album of Original Score Written for a Motion Picture or Television Special for “Flashdance,” Best Dance Recording for Donna Summer’s “Carry On,” and Album of the Year for Daft Punk’s “Random Access Memories.” He has also received Lifetime Achievement Awards from the World Soundtrack Awards (2011), Italian Online Movie Awards (2014), and Venice Film Festival (2020). These accolades not only celebrate his artistic achievements but also contribute to his marketability and earning potential.
Oasis Records and Business Ventures
In the 1970s, Giorgio Moroder launched the record label Oasis Records, which later became part of Casablanca Records. While specific financial details regarding the success and revenue generated by Oasis Records are not readily available, launching and managing a record label would have undoubtedly contributed to his overall financial portfolio and business acumen. Moroder’s net worth has certainly been impacted by his business ventures.
Personal Life
Giorgio married Francisca Gutierrez in 1990, and their son, Alessandro, is an artist. In 2017, Giorgio was named in connection with a $100 million Ponzi scheme related to the wealth management firm Hottinger & Partners; he was not suspected of any wrongdoing.
