Rick Rubin Net Worth and How He Built His Empire

And key lessons from his success.

Wealthendipity
Wealth 101

--

Photo: jasontheexploder, CC BY 3.0, via Wikimedia Commons

In this article we’ll talk about Rick Rubin net worth, how he built his fortune, and key lessons from his career and path to success.

Who Is Rick Rubin?

Frederick Jay Rubin, also known as Rick Rubin, is an American record producer. He was born in Lido Beach, New York on March 10, 1963.

Son of Michael Rubin, a wholesaler of shoes, and Linda, a housewife. He was raised in New York’s Lido Beach. He made friends with the head of the audiovisual department at Long Beach High School while a student, and he later received some instruction in guitar technique and songwriting from him.

When a teacher helped him start The Pricks, a punk band. He played in this band with his three friends, playing at garage gigs and school performances.

In 2010, Rubin started dating former actress and model Mourielle Hurtado Herrera; their wedding date is unknown. They live in Malibu, California, and have a son named Ra (born in February 2017).

Rick Rubin Net Worth and How He Achieved It

Rick Rubin net worth is approximately $270 Million, as of 2023. He amassed this fortune by working as a music record producer, as founder of American Recordings, as co-founder of Def Jam Recordings and as former president of Columbia Records.

His career

Rick has produced albums for countless musicians and bands throughout his career, but perhaps most notably for Linkin Park, the Dixie Chicks, Metallica, Red Hot Chili Peppers, and Neil Diamond. He is one of the greatest record producers in musical history. More than 80 million albums have been sold thanks to just the Red Hot Chili Peppers. Out of 18 nominations as of this writing, he has won 9 Grammys.

Rubin produced the album “Reign in Blood” for the band Slayer, proving that he could easily switch between rap and rock music. The third album by the Cult, “Electric,” was another noteworthy project Rubin worked on during this time, as was the Run-DMC movie “Tougher Than Leather,” which he co-wrote and directed.

The famous album “American Recordings” by Johnny Cash was released in 1994. The label also distributed Cash’s following five albums. Even with a nomination for Best Country Collaboration with Vocals, Cash’s 2003 album “The Man Comes Around” took home the 2003 Grammy Award for Best Male Country Vocal Performance.

More about Rubin’s career

Rubin has collaborated with musicians on albums that were released on other labels. These include six Red Hot Chili Peppers albums between 1991 and 2011. These albums received a total of 16 Grammy nominations (six wins), and for which he was awarded the 2006 Producer of the Year Grammy.

He also produced the albums:

  • “Wandering Spirit” by Mick Jagger,
  • “Voodoo-U” by Lords of Acid,
  • “Wildflowers” by Tom Petty
  • “Ballbreaker” by AC/DC,
  • “Sutras” by Donovan,
  • “Death Magnetic” by Metallica, and
  • “Fijacion Oral Vol. 1 and Vol. 2” by Shakira.

Rubin is well-known for owning a number of impressive properties in Los Angeles. Rick invested $2 million in a gated, 9,300-square-foot mansion in West Hollywood that was located above the Sunset Strip. Soon after, he spent over $700K on “The Mansion,” a four-bedroom house in LA’s Laurel Canyon neighborhood — which according to some rumors was hunted.

During the recording of their successful album “Blood Sugar Sex Magik,” the Red Hot Chili Peppers resided in this mansion. After that, Rubin essentially turned his studio into a full-time recording facility, which has since been used by a number of artists, including Audioslave, Maroon 5, Linkin Park, Slipknot, The Mars Volta, and more.

Rick Rubin on Social Media

On Instagram, Rick has 305K followers and he only has 1 post and it’s a quote.

On Twitter, Rock has 190.8K followers. He has only 1 post as well in this account, the post is a quote from himself.

Rick Rubin Quotes

“Everything happens kind of the way it’s supposed to happen, and we just watch it unfold. And you can’t control it. Looking back, you can’t say, ‘I should’ve… ‘ You didn’t, and had you, the outcome would have been different.”

“I’m just trying to make my favorite music. That’s how I work; I just do things based on the way they feel to me. I want to be touched by the music I’m making. Luckily, other people have shared that response to my work over the years.”

“Usually when I start a new project there’s a fear of the unknown; maybe it’s a band I’ve never been in the studio with before. People are so different. It’s almost like you need to go through the process, discover and unlock what it is that makes that band that band. And a lot of times they don’t know it.”

Source: Brainy Quote

Key Takeaways from Rick Rubin Career

Be versatile

Rick shows us that he is the “man”, when it comes to working with rock bands but he is also so versatile that he worked with Shakira in two albums. This teaches us that we need to be versatile and also have the capacity to adapt to new situations to get ahead in this world.

Invest in your craft

Rick knew from the beginning that he wanted to do music as his life job, and he succeeded in this. He has won multiple Grammys and has worked with legendary bands. But one thing that he also did, is that he invested in his craft by creating record labels.

This teaches us to invest in ourselves and in our craft. By doing so we will have so much more reach and opportunities to become successful in what we love.

--

--

Wealthendipity
Wealth 101

Articles about wealth, entrepreneurship and money for people who want to achieve financial freedom. More content on: https://wealthendipity.com/