What is jack Bruce worth?

Answer 1

Jack Bruce's net worth at this time is in the range of $10 million dollars. He has been plagued by bad investments in his lifetime, which is not an uncommon event for those in the entertainment industry. Also, insiders have said that his lifestyle outweighed his earning capacity. After the break-up of Cream, Bruce simply was not earning the the same amount of money, but continued the same lifestyle. His Polydor contract while with Cream, brokered by his good friend, Chris Blackwell, who owned Polydor Records at the time, was never matched. Bruce himself admits in interviews that he has had financial problems and that a lot of the money he earned over the years was lost to high living, bad habits, and poor management. In 2011, Bruce had to sell his Italian vacation home that he purchased in 1998. He had originally purchased the home with the idea that renovations would be done to it to make it habitable. Unfortunately, he was unable to come up with the money to complete the renovations and then was unable to afford it's upkeep in general. The house was sold in 2011. Also, in 2011, Bruce sold his $5 million dollar home in Rancho Bernardo, an exclusive suburb of Southern California, located in San Diego county. He had owned the home since 1975, but was unable to hold onto it financially. Bruce, although sixty-eight years old, still tours continuously, and he admits that a good part of doing that is for financial reasons. He does need the money. He is now managed by his wife since 1980, Margrit Seyffer, both in the professional and business vernacular.