Singer-songwriter David Crosby died at age 81 on Thursday with an estimated net worth in the millions.
The late musician had a net worth of approximately $10 million, according to Celebrity Net Worth.
His death followed a long illness, his wife, Jan Dance, said in a statement.
“It is with great sadness after a long illness that our beloved David (Croz) Crosby passed away. He was lovingly surrounded by his wife and soul mate Jan and his son Django,” the statement obtained by Variety said.
He continued: “Although he is no longer here with us, his humanity and caring soul will continue to guide and inspire us. His legacy will live on through his legendary music. Peace, love and harmony to all who knew David and those whom he touched. He will be greatly missed. At this time, we respectfully and kindly ask for privacy as we grieve and try to deal with our profound loss. Thank you for the love and prayers.”
DAVID CROSBY, FOUNDING MEMBER OF BYRDS, CROSBY, STILLS & NASH, DIED AT 81
Crosby was a founding member of the band The Byrds and later co-founded Crosby, Stills & Nash.
Crosby helped form The Byrds in 1967, singing hits like “Mr. Tambourine Man” and “Turn, Turn, Turn”, before leaving in 1967 due to differences with the other band members.
He then co-founded the folk-rock supergroup “Crosby, Stills and Nash” with Stephen Stills and Graham Nash in 1968 and their self-titled debut album went multi-platinum, selling over 4 million copies with the first LP. Neil Young later joined the group.
The group broke up and got back together several times over the years, but continued to perform together until breaking up for good in 2015 when Nash told Billboard he no longer wanted to play with the band due to tensions with Crosby.
“There will never be another Crosby, Stills and Nash record or show,” he said at the time. “Right now, I don’t want anything to do with Crosby at all. It’s that simple. I was letting Crosby be who he is. I let people play their hand in front of me, and I let him do it and then I make a decision.” .
Crosby was inducted into the Rock & Roll Hall of Fame twice: first in 1991 as a member of The Byrds, and then in 1997 for Crosby, Stills & Nash.
He continued acting until last year.
In 2020, Crosby told GQ that he was concerned the coronavirus pandemic could put him in “deep financial trouble.”
DAVID CROSBY TALKS ABOUT HOW HE GOT CLEAN FROM DRUGS WHILE HE WAS IN PRISON
“You know we don’t get paid for records anymore, right? So touring is all we have. That’s really the only thing we can do to make money. And losing it is just horrible. I can, honestly to God—I can lose my house. I don’t know what to do about it except try to take the hits and move on. Truth be told, if I lose the tours, I’ll probably lose my house.”
In a recent tweet, Crosby also expressed frustration with the way streaming platforms like Spotify work, but said he needed his catalog there for financial reasons.
“Please try to understand that I have been against Spotify very loudly and clearly because they don’t e—-g PAY the people who make the music while getting rich from it,” he tweeted. “I never wanted my music up there…I’m ashamed to say it, but I need the money.”
In 2019, he told Collider: “The three major record companies are making, they told me, $19 million a day, off of streaming, and artists are getting ripped off. It’s like you do your concert for a month, and they they paid five cents. They’re paying you, but not enough to live on. It’s not right.”
In 2021, Crosby sold his music catalog to Irving Azoff’s Iconic Artists Group, allowing him to pay for his ranch in Santa Ynez, California.
“That wasn’t something I wanted to do, but making that deal with Irving made it possible for me not to worry about money,” he told Rolling Stone that year. “We were very worried that we were going to lose [the house]. He couldn’t work live, and he couldn’t make money making records. That agreement made all the difference for us. It really helped a lot.”
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The music legend also struggled financially in 2015, after he was sued for running over a pedestrian with his car. He settled for $3 million, according to reports.
Last year, he said he would no longer be able to perform live.
“I’m too old to keep doing it,” he said, according to Variety. “I don’t have the stamina; I don’t have the strength. I’ve been making records at an amazing rate… I’m 80 now, so I’ll be dead pretty soon. That’s how it works.” So I’m trying really hard to produce as much music as possible, as long as it’s really good… I’ve already got another one in the can waiting.”