Before his untimely death in 2018, Avicii—real name Tim Bergling—had a net worth of $50 million. One of the world’s highest-paid DJs, he became famous for smash tunes like Wake Me Up. His enormous fortune mirrored his worldwide impact in electronic music.
Personal and Career Information Table
Details | Avicii (Tim Bergling) |
---|---|
Full Name | Tim Bergling |
Date of Birth | September 8, 1989 |
Date of Death | April 20, 2018 |
Place of Death | Muscat, Oman |
Net Worth at Death | $50 Million |
Profession | DJ, Music Producer, Songwriter |
Famous Hits | Wake Me Up, Levels, Hey Brother |
Albums | True (2013), Stories (2015) |
Parents | Anki Lidén, Klas Bergling |
Achievements | Grammy Nominations, Platinum Albums |
The Financial Achievements of Avicii
Avicii became rich from selling more music than ever before and performing at sold-out concerts. His music, including the hit single “Levels,” became an international phenomenon. He frequently made more than $15 million per year. Show earnings peaked at half a million dollars for him. He had risen to the position of top earner among DJs by 2014.
His CDs Stories and True received rave reviews all around the world. One of his most famous songs, Wake Me Up, fused electronic and folk elements. To add to his already substantial fortune, Avicii has teamed with fashion houses like Ralph Lauren and Volvo.
Donations to Charities
According to Avicii, he doesn’t need money to be happy. This conviction was evident in his behavior. He gave Feeding America 100% of the revenue from his 2012 House for Hunger tour. Subsequently, he gave one million euros to a Swedish famine relief charity and another million to the same purpose.
His willingness to give back was demonstrated by these gestures of charity. His concern for ending world hunger and providing charity on a worldwide scale demonstrated his softer side. Despite his growing star power, he never wavered in his commitment to philanthropy.
How Avicii’s Estate Will Be Divided Up
There was no will left by Avicii when he died. His parents, Anki and Klas Bergling, became the legal heirs to his inheritance under Swedish law. His cash and short-term investments were worth $25 million. His real estate, including the $17.5 million sale of his Hollywood Hills property, was not included in this.
He had 75% of his music rights acquired to the Swedish firm Pophouse in 2022. The Tim Bergling Foundation, which raises awareness about mental health, was able to get their whole attention as a result of this decision. With the transaction, he made sure that important charities would profit from his legacy.
Health Issues Facing Avicii
Throughout his life, Avicii struggled with mental health. He suffered from serious alcohol-related health problems after being diagnosed with acute pancreatitis in 2012. He had his gallbladder and appendix removed in 2014.
His problems did not go away even when he stopped performing live in 2016. In his diaries, he detailed the mental and physical toll that his grueling touring schedule was taking on him. The darker side of his music industry triumph was highlighted by these personal fights.
Releases of Music Following Death
Following his death, Tim was created using Avicii’s unreleased music. The 2019 album had singles such as “SOS” and “Heaven” among its tracks. He maintained his global fan base thanks to the songs, which showcased his talent.
His nonprofit received the proceeds from the CD. Fans were able to interact with his final works and support causes he cared about through the release. To his lasting impact on the music industry, it was a moving tribute.
An Avicii Tribute
The impact of Avicii went much beyond the realm of music. Because of his skill in fusing styles, his music had an impact all over the world. His songs permanently altered the course of popular music by fusing electronic elements with more conventional forms of pop.
A mental health project was supported by the Tim Bergling Foundation, which was established by his family. It is a sobering reminder that mental health issues, particularly in demanding occupations, require attention. These important topics continue to be discussed as a result of his legacy.
FAQs
Q: What was Avicii’s net worth at the time of his death?
A: Avicii’s net worth was $50 million when he passed away in 2018.
Q: Who inherited Avicii’s fortune?
A: His parents, Anki and Klas Bergling, inherited his estate.
Q: Did Avicii have a will?
A: No, Avicii passed away without a will.
Q: What were Avicii’s major charitable contributions?
A: He donated millions to hunger relief organizations, including Feeding America.
Q: What happened to Avicii’s music rights?
A: In 2022, his parents sold 75% of his music rights to Pophouse.
Q: What was Avicii’s most famous song?
A: Wake Me Up is considered his most iconic track.
Q: Why did Avicii retire from touring?
A: He retired due to health issues and mental exhaustion.
Q: How did Avicii pass away?
A: Avicii died by suicide on April 20, 2018, in Muscat, Oman.
Q: What is the Tim Bergling Foundation?
A: It is a charity established by his family to support mental health awareness.
Q: Did Avicii release posthumous music?
A: Yes, the album Tim was released in 2019, featuring unfinished tracks.