Yngwie Malmsteen Net Worth

Yngwie Malmsteen net worth is
$7.5 Million

Yngwie Malmsteen Wiki Biography

Born as Lars Johan Yngve Lannerbäck on the 30th June 1963 in Stockholm, Sweden, he is a musician- guitarist, songwriter and record producer, best known to the world for his own band Yngwie Malmsteen, through which he has released over 20 albums during a career which has been active for more than 30 years.

Have you ever wondered how rich Yngwie Malmsteen is, as of mid-2016? According to authoritative sources, it has been estimated that Yngwie Malmseen`s net worth is as high as $7.5 million, acquired through his successful career in music.

Yngwie Malmsteen Net Worth $7.5 Million

Yngwie grew up in his hometown with two siblings. Born into a musical company, it was only a question of time before he would express his interest in music. He picked up a guitar at the age of seven, when Jimmy Hendrix died, and when he turned ten he started his first band with his school buddy. As he grew his interest became higher, and soon he was playing guitar on a regular basis. As early as 1978 he recorded his first demo, and after it was heard by Mike Varney of Shrapnel Records, he brought Yngwie to the USA in 1982. The following year he was a part of the band Steeler, and after that he joined Alcatrazz. However, in 1984 he released “Rising Force”, his debut solo album, with such musicians as Jethro Tull drummer Barrie Barlow, keyboard player Jens Johansson, and with Jeff Scott Soto. Since then, the line-up has changed numerous times, and the band currently consists of Mark Ellis on drums, Nick Marino as keyboardist and vocalist, and Ralph Ciavolino on bass and vocals.

The debut album became quite successful and the title track soon became Yngwie`s masterpiece, which certainly increased the album`s popularity, its sales and Yngwie`s net worth as well.

Before the end of the 1980s, Yngwie released albums “Marching Out” (1985), Trilogy” (1986), and “Odyssey” (1988), which further increased his popularity throughout the world, as the albums charted in first 20 in Sweden and Japan, and in the top 50 in the UK.
He continued successfully through the 1990s, with albums “Eclipse” (1990), “Fire & Ice” (1992) – which topped the chart in Japan and was his only album to reach the highest position – “The Seventh Sign” (1994), “Magnum Opus” (1995), and “Alchemy” (1999), among others all of which added to his net worth.

With the beginning of the 2000s, his popularity began to decline, however he still continues to produce music, and has made millions of people happy, with albums such as “War to End All Wars” (2000), “Unleash the Fury” (2005), “Perpetual Flame” (2008), and most recently “World On Fire” (2016).

In 2003 he was a part of the guitar trio G3 alongside Joe Satriani and Steve Vai, releasing a live album “Rockin` In The Free World”, which also increased his net worth.

A great car enthusiast, Yngwie owns a red 1962 250 GTO Ferrari, and was also the owner of the black 1985 308 GTS Ferrari, but sold it through eBay.

Regarding his personal life, Yngwie has quite a bad reputation, being known for his outbursts and bad behavior. He has stated numerous times that he is aware of his mistakes, but that he is not obsessed with them, and tries to think outside the box with everything he does, and that is why most people don`t understand him.

When it comes to love and relationships, Yngwie has been married to April since 1999, with whom he has one child.

Previously, he was married to Erika Norberg from 1985 until 1992, and his second marriage was to Amberdawn Landin, from 1993 until 1998.



Known for movies