Here's How Bruce Springsteen Spends His Massive Fortune

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He brought fans hits like Born in the U.S.A. and Streets of Philadelphia and has a net worth of $650 million, but Bruce Springsteen has never lost his hometown, working-man roots and love for people.

Growing up just a short distance away from fellow New Jersey-born Jon Bon Jovi, he served as a guide and mentor for many of the up-and-coming superstars to follow in his footsteps. The Boss has written a memoir, Born to Run, appeared on his own Broadway show and raised awareness for countless causes close to his heart.

How does Springsteen spend those millions? Check out the unique ways the humble, New Jersey man chooses to spend his fortune.

Close to Home

While Springsteen owns property in Los Angeles and Wellington, FL, alongside the likes of Bill Gates, he’s primarily bought property near his hometown of Freehold, N.J. Most notably, the 400-acre horse farm in Colts Neck. A dream of Springsteen’s for decades, just 10 minutes from his childhood home, the massive property serves as a get-away from nights on the road and includes his favorite spaces to record music.

A Favorite Among Many

Though Springsteen has an impressive collection of guitars, there’s one that stands out to him and fans alike. The Fender electric guitar the E Street Band front man purchased at Phil Petillo’s guitar shop in 1973 for $185 has been the one piece of equipment Springsteen has played for more than 40 years. According to Rolling Stone, when it was obvious his favorite guitar was deteriorating and could no longer withstand the touring schedule, it was retired with an estimated worth between $1 million and $5 million. What did Springsteen do? He still records with the original, but fans are looking at a clone of his prized possession on stage today.

Car Collection

According to Hot Cars, the famous singer owns several classic Chevy and Ford models but isn’t against modern vehicles like the Range Rover and Jeep. From a Chevy Impala Convertible, gifted to him by singer Gary Bonds and a 1960 Chevrolet Corvette C1 Convertible, Springsteen can boast an impressive collection but claims the Chevy Bel Air Convertible was by far his favorite purchase. In his memoir, Born to Run, Springsteen talks about the $2,000 he shelled out for the baby-blue car with custom orange flames spread across the hood and a zero to 60 acceleration in seconds.

Animals Galore

Growing up in “horse heaven” Springsteen’s daughter, Jessica, recently shared her experience on the farm her father always dreamed of having. Years on Stone Hill Farm brought numerous horses to the property but goats, chicken and pigs as well. The famed equestrian recalls two ostriches but they didn’t last long with their less than desirable demeanor.

Staying Healthy

The 72-year-old rockstar has to stay fit and healthy in order to continue those three-hour concerts he regularly puts on. Springsteen has said he has a personal trainer and though he’s starting to slow down (walking versus running), he still lifts weights several days per week. Ultimately, however, The Boss is all about diet. He doesn’t eat too much or foods not good for you and that’s 90 percent of the game, according to Springsteen.

Making Those Healthy Meals

It does however, become a little easier with a personal chef by your side. The superstar doesn’t have to cook because he pays for an expert to come in and create those healthy meals for he and his family. According to Money Inc., Springsteen’s personal chef was once employed by the king of Saudi Arabia.

Supporting Family

Springsteen married Julianne Phillips in 1985 but divorced in 1988 after his touring took a toll on their relationship. He found Patti Scialfa, another New Jersey native who joined the E Street Band, who became the love of his life. Springsteen and Scialfa married in 1991 and have three children: Evan James, Jessica Rae and Samuel Ryan. Jessica is a champion rider, who represented the United States Equestrian Team in the 2020 Tokyo Olympics.

Love For The Troops

Even though Springsteen failed tests to join the Army during the Vietnam War, he’s made it clear he supports and honors those who have fought for our freedom. In fact, many of Springsteen’s songs reflect his feelings, including Born in the U.S.A. and 1999’s American Skin.

With two private foundations, the giving singer has granted more than $3 million through The Thrill Hill Foundation and The Foundation Inc. has funded $1.5 million toward housing repairs for low-income families in New Jersey. In addition, it’s not uncommon to find Springsteen headlining a charity concert alongside his friends.

Sources: Rolling Stone, Hot Cars, Money Inc.