What was Bing Crosby's net worth?
Bing Crosby, a prominent American singer, comedian, and actor, had an impressive net worth of $50 million at the time of his death, after adjusting for inflation. As one of the most influential entertainers of the 20th century, Crosby's career began in the 1920s with his smooth, baritone voice becoming his signature. His classic hits like "White Christmas" and "Swinging on a Star" catapulted him to fame. He also earned an Academy Award for Best Actor for his role in "Going My Way". Throughout his illustrious career, Crosby was known for pioneering the use of technology in recording and broadcasting, a testament to his innovative spirit. Although he passed away in 1977, his legacy as a cultural icon endures.
Early Life
Bing Crosby was born Harry Lillis Crosby on May 3, 1903, in Tacoma, Washington. His family moved to Spokane, Washington. In 1917, Crosby worked as a property boy for Spokane's Auditorium, where he was mesmerized by Al Jolson's performances. In 1920, Crosby graduated from Gonzaga High School and attended Gonzaga University for three years, later receiving an honorary doctorate from the university in 1937. Gonzaga University now houses a significant collection of Crosby memorabilia.
Showbiz Career
Crosby's career evolved during a time of significant technological advancements in recording, which influenced his relaxed and conversational singing style known as "crooning". This style left a lasting impact on future artists. He played a crucial role in the postwar recording industry, particularly in advancing the quality of pre-recorded broadcasts. Crosby's move to ABC from NBC allowed him to pioneer pre-recorded radio shows and commercials on magnetic tape. His influence extended to film, winning an Academy Award for "Going My Way" in 1944 and receiving a Grammy nomination in 1963.
(Photo by Michael Ochs Archives/Getty Images)
Crosby deeply admired Louis Armstrong, who significantly influenced his musical style. In 1936, Crosby ensured Armstrong received equal billing in the film "Pennies from Heaven", showcasing his progressive approach towards racial equality. During WWII, Crosby's morale-boosting performances earned him the nickname "Der Bingle" from German listeners. Soldiers later voted him the most significant morale booster, ranking above FDR, General Eisenhower, and Bob Hope.
Crosby starred in "Road to Singapore" (1940) and its sequels with Bob Hope, further solidifying his film career. He won an Academy Award for Best Actor for "Going My Way" (1944) and received an Oscar nomination for its sequel "The Bells of St. Mary's" (1945).
White Christmas
In 1954, Bing starred in the iconic Christmas film "White Christmas", with the title song becoming one of the most-played and bestselling songs in history, selling over 100 million copies worldwide. Irving Berlin's songwriting success with "White Christmas" brought him approximately $65 million in earnings, while Crosby and his heirs have earned tens of millions from the track, named the bestselling single of all time by Guinness World Records.
Personal Life and Death
Bing Crosby led a celebrated life, marrying twice—first to actress Dixie Lee and later to actress Kathryn Grant. In 1977, Crosby tragically passed away from a heart attack while playing golf.
Legacy
Crosby is honored as a member of the National Association of Broadcasters Hall of Fame. The former Metropolitan Theater of Performing Arts was renamed "The Bing Crosby Theater" in 2006. His contributions to the community are commemorated by the Bing Crosby Stadium in Front Royal, Virginia, named in recognition of his fundraising efforts.
