Michael Joseph Porcaro was born on the 29th May 1955, in South Windsor, Connecticut, USA was a musician and bass guitarist, probably best recognized for being a former member of Toto, a rock band, alongside his brothers. He passed away in 2015.
So, have you ever wondered how rich Mike Porcaro was? According to authoritative sources, it was estimated that Mike counted the total size of his net worth at over $25 million at the time of his death, accumulated through his successful career in the music industry, which was active from 1982 to 2007.
Mike Porcaro Net Worth $25 Million
Mike Porcaro was the middle son of Eileen and Joe Porcaro, a well-known jazz drummer and percussionist, and he spent his childhood with his two brothers, Steve Porcaro and Jeff Porcaro; both of them are also famous musicians. They together learnt from their father how to play drums, but in his teens Mike began to play the bass guitar.
Thus, Mike’s professional musical career began in 1982, when he became an official member of Toto, a rock band formed in 1977 by his brothers and several other musicians, which reached enormous success during the same year with their fourth studio album “Toto IV”, which won seven Grammy Awards. He joined them when the band’s bassist David Hungate left it. Thus, his debut performing with them came in 1984, when was released their fifth studio album entitled “Isolation”, and two years later, he performed on the band’s next album “Fahrenheit” and then “The Seventh One” (1988), all of which achieved gold certification, adding a considerable amount to his net worth.
During the next decade, Mike with the band released three more studio albums – “Kingdom Of Desire” (1992), which achieved two gold certifications, “Tambu” (1995), and “Mindfields” in 1999, which didn’t achieve any major success; however, the sales of these albums still increased his net worth.
To speak further about Mike’s career as a part of Toto, he also performed on a studio album entitled “Through The Looking Glass” in 2002, and in their next album “Falling In Between”, which out came in 2006 and contributed a lot to his fortune. In the following year, he decided to stop performing with the band and leave them due to his suffering from amyotrophic lateral sclerosis.
Thanks to his accomplishments in the music industry as a member of Toto, Mike was inducted into the Musician’s Hall of Fame in 2009.
Beside that, Mike also performed with other musicians and bands, including Michael Franks, the Bee Gees, Larry Carlton, and Seals and Crofts, increasing further his net worth.
When it comes to speak about his personal life, Mike Porcaro was married to Cheryl from 1988 until his death. The couple had three children together and lived in Los Angeles, California. In his spare time, Mike collaborated with a number of charitable organizations, as one of the founders of the Porcaro Charity Fund. He passed away from amyotrophic lateral sclerosis at the age of 59 on the 15th March 2015 in Los Angeles.
