Bruce Springsteen admits he's not a billionaire: 'They got that real wrong'

Back in July, Forbes reported that Bruce Springsteen's net worth was $1.1 billion. During a recent interview with the Telegraph, the Boss has now admitted their estimation wasn't right.

“I’m not a billionaire. I wish I was, but they got that real wrong," he said. "I’ve spent too much money on superfluous things.”

The beloved singer-songwriter, who became the voice of the working class after releasing his 1975 breakout album Born to Run, admitted in his memoir that he didn't enter a place of financial stability until the early '80s.

During the interview, he explained that the financial "good fortune" came from “put[ting] the work in.” He also warned that when a musician's only goal is money, “that’s usually where people go south.”

For him, the music and art come first. “If I had failed at that, I would have failed at everything, in my opinion,” Bruce said.

Elsewhere in the interview, he spoke about Jeremy Allen White being cast as him in a new biopic. “I only had to see him on The Bear, and I knew he was the right guy, because he had that interior life – but he also had a little swagger,” he said.

The new biopic, Deliver Me From Nowhere, is set to be released in 2025.

- Bang! Showbiz and republished with permission