Introduction
Bobby Blotzer is a renowned musician and drummer who has made a name for himself in the music industry. He is especially known for his role as the drummer for the American rock band Ratt. Over the years, Bobby has amassed a substantial amount of wealth that has been the center of interest among his fans and the public. In this blog post, we will delve into his financial success by analyzing his net worth.
Early Life and Career
Bobby Blotzer was born in Pittsburgh, Pennsylvania on October 22, 1958. He started his music career playing drums at the age of 9. In the 1980s, he became the drummer for Ratt and contributed to their success. He played on their first five albums, which were certified Platinum or Gold. Blotzer has also played as a session musician with other bands.
Music Ventures and Business Ventures
Aside from his music career, Bobby is also involved in business ventures. He is the founder and CEO of B4 Records, which is a music production company that has worked with artists such as Cinderella, Steve Perry, and Air Supply. Bobby also owns a commercial real estate company that specializes in the acquisition and refurbishment of industrial properties.
Legal Disputes
Bobby Blotzer has had some legal issues over the years, mainly concerning his share of royalties from Ratt’s music. In 2015, he filed a lawsuit against the other members of Ratt, asserting his rights to use the band’s name and brand. The matter was resolved out of court, and Bobby was granted the rights to use the name Ratt for his touring activity.
Net Worth
Bobby Blotzer’s net worth is estimated to be around $10 million. He has made most of his wealth from his music career, business ventures, and real estate investments.
Real Estate Portfolio
Bobby’s real estate company, Pacific Industrial, owns several industrial properties across the United States. One of the notable acquisitions was a 61,000 square foot warehouse in Tempe, Arizona, which was previously owned by the U-Haul Company. The property was refurbished and leased to a manufacturing company.
Music Royalties and Record Sales
Bobby Blotzer has received a significant amount of income from his share of royalties from Ratt’s music. The band has sold over 20 million albums worldwide, and their music is still being played on radio stations across the globe. Bobby also received royalties from his role as a session musician and his collaboration with other artists.
Endorsements and Merchandising
Aside from his music career, Bobby also made money from endorsements and merchandising. He has endorsed many drum and cymbal brands, including Pearl, Sabian, and Promark. Bobby also owns a line of drumsticks that are sold on his website.
Charitable Donations
Bobby Blotzer has been involved in charitable activities and has supported several causes over the years. He has donated to organizations such as the Humane Society and the Save the Music Foundation.
Conclusion
Bobby Blotzer’s net worth is a reflection of his successful music career, business ventures, and real estate portfolio. Despite some legal issues, he has managed to maintain his wealth and continues to be active in the music industry and business activities.
FAQs
Q1: What is Bobby Blotzer’s net worth?
A: Bobby Blotzer’s net worth is estimated to be around $10 million.
Q2: What is Bobby Blotzer’s real estate company?
A: Bobby Blotzer’s real estate company is Pacific Industrial.
Q3: What drum and cymbal brands has Bobby Blotzer endorsed?
A: Bobby Blotzer has endorsed brands such as Pearl, Sabian, and Promark.
Q4: What legal dispute did Bobby Blotzer have with other members of Ratt?
A: Bobby Blotzer filed a lawsuit against other members of the band who contested his rights to use the name Ratt. The matter was resolved outside the courtroom.
Q5: What is B4 Records?
A: B4 Records is a music production company owned by Bobby Blotzer that has worked with artists such as Cinderella, Steve Perry, and Air Supply.