The band R.E.M.’s co-founder and principal guitarist, Peter Lawrence Buck, is a musician, composer, and record producer. Let’s know more about him and look at Peter Buck Rem net worth, records, career and more.
What is Peter Buck Rem’s Net Worth and Salary 2023?
Peter Buck has an estimated net worth of $50 million. The wealth of the former R.E.M. guitarist has been accumulated from his successful music career, as well as from other investments.
During his time with the band, Peter wrote some of their most beloved hits, helping to make them one of the most successful rock bands of all time.
He was also an investor in Starbucks and an early adopter of Amazon.com, helping him to build a large fortune. After leaving R.E.M., he formed a new band, The Baseball Project, and continues to write and perform music.
In 2015, it was revealed that Buck earned an estimated salary of over $5 million dollars, making him one of the highest-paid musicians in the world. Buck’s generous salary is a testament to his contributions to the rock genre and his immense talent as a musician.
Peter Buck Rem Overview
On December 6, 1956, Peter Lawrence Buck was born in Berkeley, California, in the United States. Buck’s family relocated to Atlanta, Georgia, during his formative years, and he attended Crestwood High School there.
After graduating in 1975, he enrolled at Emory University before moving on to the University of Georgia in Athens, Georgia, where he eventually left without earning a degree.
Buck later met musicians Michael Stipe, Mike Mills, and Bill Berry while working at the Wuxtry Records store in Athens.
In 1980, the four of them formed the alternative rock group R.E.M., with Buck playing lead guitar, Stipe singing lead, Mills playing bass and backing vocals, and Berry playing drums.
After signing with a minor label called Hib-Tone, the band released their debut single, “Radio Free Europe,” in 1981.
The next year, they released their EP “Chronic Time” after signing with I.R.S. Records. A total of five albums—”Murmur,” “Reckoning,” “Fables of the Reconstruction,” and “Lifes Rich Pageant”—were released by the group under the I.R.S. moniker.
These albums had moderate chart success and made a big impression on college radio. The band’s commercial breakthrough came in 1987 with the release of “Document,” which featured the Top Ten single “The One I Love.” Peter’s wealth was increasing.
R.E.M. joined forces with Warner Bros. Records in 1987, releasing the album “Green,” selling more than four million copies. Following the Green Tour, the band produced “Out of Time,” a 1990 album that garnered three of its seven Grammy Award nominations and featured the international successes “Losing My Religion” and “Shiny Happy People.”
1992 saw the release of the number-one album “Automatic for the People,” which featured the singles “Drive,” “Man on the Moon,” and “Everybody Hurts” and sold over 15 million copies. Buck’s fortune increased as the band’s fame spread around the globe.
However, their next albums, “Up” and “Reveal” failed to replicate that success. R.E.M.’s next two albums, “Monster” and “New Adventures on Hi-Fi,” both topped the charts.
The band’s twelfth album, “Around the Sun,” released in 2004, peaked at #1 in the UK but failed to crack the Top 10 in the United States.
R.E.M.’s commercial success increased with their albums “Accelerate” in 2008 and “Collapse into Now” in 2010; however, the band decided to break up in 2011.
By signing with Mississippi Records and releasing two vinyl-only albums in 2012 and 2014, “Peter Buck” and “I Am Back to Blow Your Mind Again,” Buck continued his solo career.
“Warzone Earth,” his most recent album, was published in 2015 by Little Axe Records. Each has increased Buck’s riches.
In addition to R.E.M., Buck has started and been a part of a number of different side-project bands without much success, including Hindu Love Gods, The Minus 5, Tuatara, the Venus 3, The Baseball Project, and Robyn Hitchcock.
Numerous musicians, including Uncle Tupelo, Vigilantes of Love, Dreams So Real, The Fleshtones, The Feelies, and The Jayhawks, have benefited from his work as a record producer.
Additionally, he has provided songs for albums by several other artists, including The Replacements, Billy Bragg, The Decemberists, and Robyn Hitchcock.
Buck was wed to Barrie Buck, the proprietor of an Athens club (1987-94). He married Stephanie Dorgan (1995–2007), with whom he had two children after they divorced.
He has been wed to Chloe Johnson since 2013. The musician was a party to an aviation mishap in 2001.
He reportedly acted in an unusually bizarre way on a flight to London, which led to two allegations of common assault against the flight attendants. Based on non-insane automatism, Buck was declared not guilty after the trial.
Buck has been involved in charitable endeavors during his time with R.E.M., including initiatives to encourage voter registration and fund-raising for causes related to the environment, feminism, and human rights.
He founded the Todos Santos Music Festival during his solo career, which has been held annually since then.
Why is Peter Buck Rem famous?
Buck is renowned for his vast personal record collection and his encyclopedic understanding of music. In the late 1990s, Buck believed he possessed about 25,000 records (he estimated he had 10,000 vinyl singles, 6,000 LPs and 4,000 CDs).
FAQs about Peter Buck Rem
What is Michael Stipe r.e.m. net worth?
American singer-songwriter, musician, and film producer Michael Stipe have a $75 million dollar net worth.
What is Bill Berry r.e.m. net worth?
It is believed that Bill Berry is worth $40 million.
What is Fred Deluca net worth?
DeLuca, now reportedly worth $3.5 billion, began in 1965 with just one sub-business in a small Connecticut town. Peter Buck, a close family friend who still holds a 50% stake in the company, gave him $1,000 for his venture.
How old is Peter Buck Rem?
Peter Buck Rem age is 66 years old.
How tall is Peter Buck Rem?
Peter Buck height is 6′ 2″.
Peter Buck has become a legendary figure in the music world thanks to his work with and for R.E.M. His composer, producer, and music skills have earned him international acclaim and a place in music history.
To learn more about Peter Buck’s net worth and career, be sure to check out Fidlarmusic for Peter Buck Rem net worth 2023. Don’t miss out on discovering what else this remarkable musician has been up to!