Iconic musical theatre artist Stephen Sondheim sadly passed away on 26 November 2021 at age 91 years old.
Following his successful career as a composer and lyricist, supporters are now curious to find out just how much money the US artist made.
Here we reveal Sondheim’s shocking net worth after spending decades in the theatre industry.
Stephen Sondheim’s shocking net worth revealed
The Street states that while working on broadway musicals can be personally rewarding, the career is often not necessarily financially pleasing.
However, this does not appear to have been the case for Stephen Sondheim.
Theatre may have a reputation for being one of the least financially lucrative branches of the entertainment industry but Sondheim seems to have largely benefitted from his success.
At the time of his death, the American composer and lyricist had a net worth of $20 million, according to Celebrity Net Worth.
The New York Times reported that Sondheim’s Texas-based attorney named Rick Pappas confirmed the composer’s death.
After celebrating Thanksgiving with friends only a day before, Stephen sadly died on Friday, 26 November at his home in Roxbury, Connecticut.
Sondheim’s rare talent and devoted work enabled the production of great musical works, including A Funny Thing Happened on the Way to the Forum, Company, Follies, A Little Night Music, Sweeney Todd, Sunday in the Park with George and Into the Woods.
Composer’s theatre fortune explored
Sondheim reportedly saw his first broadway musical at the age of nine and went on to gain immense fame in the industry.
Wondering how Sondheim became so successful and therefore entirely financially stable?
One source of his large income would have been from royalties, which is paid out every time one of his pieces is played or performed in the public domain, as per Music Industry How To.
Winning eight Grammy Awards, nine Tony awards and one Academy Award as well as a Pulitzer Prize, the New-York born composer was definitely given his well-deserved flowers.
Although there is usually no direct cash prize for winning awards, those lucky enough to win will most likely certainly see a boost to their bank account.
Taking into account the numerous awards he achieved, Stephen would have therefore probably received an income increase.
Discover the artist’s recent work
Only a few months prior to his death, in September 2021, Stephen joined Stephen Colbert on The Late Show to talk about his previous and current work at the time.
Following the re-opening of broadway shows after the pandemic safety restrictions, Stephen Sondheim’s musical Company returned to the stage.
Differing from the original version, the latest production swapped the gender roles of the main characters upon its return.
Although he does not usually tout his own creations, the composure described the return of Company as a wonderful production and highly recommended it to the audience.