Net worth of Chad Smith
A total of $90 million been estimated at net worth of Chad Smith, American singer-songwriter. Rock fans around the world are familiar with Smith’s work as the drummer for the smash hit band Red Hot Chili Peppers.
Chad originally became a band member in 1988, and he has remained a vital part of their continued success ever since. Smith was inducted into the Rock and Roll Hall of Fame in 2012, along with the other band members, who had previously been inducted.
In addition to his work with the Red Hot Chili Peppers, he has collaborated with a variety of different bands and musicians, including bands such as Chickenfoot, Chad Smith’s Bombastic Meatbats, and The Chicks, among others.
Smith is a well-known drummer to many musicians who need the services of a talented percussionist in the recording studio. Chad has collaborated with a wide range of artists including Johnny Cash, Post Malone, Lana Del Rey and many more. A notable contribution to Ozzy Osbourne’s “Ordinary Man” album was one of his most notable accomplishments.
To this day, Smith is widely regarded as one of the greatest drummers of all time in the alternative music genre. Many people think that he and Flea, bassist of the Red Hot Chili Peppers are one of the best rhythm sections of all time, and many others think they are one of the best rhythm sections of all time. Smith is also interested in music education in public schools, which she does outside of the music industry.
Chad Gaylord Smith was born on October 25, 1961, in St. Paul, Minnesota to Chad Gaylord Smith and his wife, Lisa. In Bloomfield Hills, Michigan, where he grew up with his two brothers, Chad learned to play the drums at the age of seven.
During his formative years, he was heavily influenced by bands such as Rush, Black Sabbath, and the Rolling Stones, among others. Smith learned to play the drums by playing in bands and never received formal drum instruction in his life. Chad moved to California in order to pursue a career as a professional musician after participating in various bands throughout his childhood and learning to play drums in a funk style.
Smith’s musical career began in 1988 when he was invited to audition for the Red Hot Chili Peppers. After impressing the other band members, Chad took over as DH Peligro’s drummer and began working on the “Mother’s Milk” album soon after. The album was a commercial success and Chad later accompanied the band on a tour to promote their latest release. Another album, “Blood Sugar Sex Magik”, was released soon after, and it became a big mainstream hit, selling over 13 million copies worldwide.
Dave Navarro joined the Chilis after a series of line-up changes, and he was instrumental in the release of the single “One Hot Minute”. After Navarro’s resignation, he was replaced by John Frusciante (who had previously resigned), and the result was a winning combination. The Red Hot Chili Peppers recorded their most popular album to date, “Californication”, using this new setup as the core of the band. By 2020, the album will have sold over 15 million copies in total worldwide. The “Californication” album also included the single “Scar Tissue”, which was nominated for a Grammy Award.
By the way, Chad Smith and the Red Hot Chili Peppers followed up their first album with “By the Way”, released in 2002, then the “Stadium Arcadiumin 2006. The final album debuted atop the US charts, marking the band’s first chart-topping appearance. In 2011, the trio released their tenth studio album, titled “I’m With You”, after which Frusciante left the group for the second time.
Following their induction into the Rock & Roll Hall of Fame in 2012, the Red Hot Chili Peppers embarked on a world tour that lasted throughout 2013. The band’s performance at the 2014 Super Bowl halftime show, which starred Bruno Mars, was another career highlight. “The Getaway” was the Chilis’ second studio album, released in 2016, and Frusciante joined in 2019, marking his second stint with the band.
Chad Smith formed Chad Smith’s Bombastic Meatbats, an instrumental group, in 2007 to perform his original music.
Two studio albums have been released by the band. The following year, Smith became interested in another project called “Chickenfoot”. This ensemble also released two studio albums under their own name. Smith is also one of the most in-demand session musicians, having collaborated with a variety of well-known ensembles and artists in the recording studio over the years.
Smith’s first marriage was to Maria St John in 1996, but they separated a year later after having a child together. Smith has two children with Maria St John. In 2004, he married his second wife, architect Nancy Mack. The couple currently reside in Malibu with their three children, all born during their relationship. Besides his biological children, Chad Smith fathered two other children through various other partnerships.
Chad Smith bought a waterfront home in the Hamptons village of Montauk for $2.45 million in 2005, making him the richest person in the world at the time. The property is also situated on two lots totaling four acres, including 259 feet of waterfront on one of the parcels. The house went up for sale with an asking price of $15 million in 2015. Smith and his wife reportedly sold the house in 2015.
Chad and Nancy bought a five-bedroom property in Malibu for $8.6 million in 2006, according to public records. Breathtaking views of the Pacific Ocean can be enjoyed from this sprawling property. It is located in the Point Dume neighborhood of Malibu, where it shares the same street as the homes of many other well-known celebrities. As his other homes appeared to be on the market, it was believed to be his primary residence as of 2020. He appeared to be selling his other properties.
Chad bought a property in Venice, Calif., for $2.755 million in 2014. Compared to Smith’s previous purchases, this home is more modest in size, but still has a decent 2,800 square feet of living space. It was clear that it was never intended to be a primary residence for the rocker, as he sold the property about a year later for a somewhat disappointing price of $2.85 million. In this case, the profit margin is very low.
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