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Motorhead frontman Lemmy worth less than $650,000 at the time of his death

3/3/2017 5:56:33 AM PT   comments [12]

Lemmy of Motorhead dead

As you well know, rock legend Lemmy Kilmister passed away in December 2015 at age 70. At the time, the estate of the Motorhead frontman was estimated to be worth north of $8 million. However, records newly released by a London probate office suggest that Lemmy was only worth around $646,000 at the time of his death. That's a princely sum to me, but seems way low for one Lemmy Kilmister.

According to the Mirror, many are wondering what happened to the rocker's fortune, the remains of which will seemingly go to his son, music producer Paul Inder. Lemmy spent his last years living alone in an apartment in West Hollywood, California.

Funny that this news should come out now, because literally three days ago I heard Ozzy's 1991 hit song "Mama, I'm Coming Home" on the radio and looked it up on Google to see who actually wrote it; to my ears, it didn't seem like something Ozzy had written. Interestingly, it was co-written by Ozzy, Zakk Wylde, and Lemmy. My immediate reaction was that Wylde probably made most of whatever money he has from that one writing credit. As it turns out, so did Lemmy. Years ago he said this:

"Just after I moved to the States, Sharon [Osbourne] rang up and said, 'Can you write four songs for me,' and made me an offer I couldn't refuse. One of them was 'Mama I'm Coming Home'. I made more money out of those four songs than I did in 15 years with Motorhead."

Funny how that works. As legendary as Motorhead is, they never had a platinum record, and the success of "Mama, I'm Coming Home," dwarfed that of Motorhead's biggest hit, "Ace of Spades."

Frankly, I wouldn't be surprised if Bring Me The Horizon frontman Oli Sykes has more money than Lemmy had. Lol.

Regardless, I suppose that Lemmy's beneficiaries will be alright, as royalties from Motorhead's extensive catalog will bring in steady rent checks for years to come.

Oh well. RIP, Lemmy.


Comments
agent_friday   posted 27 days ago
A prime opportunity to finally not mention Oli Sykes in a news post. But alas, Webby could not resist.
anonymous   posted 27 days ago
Oli Sykes? Never heard of her....
anonymous   posted 26 days ago
Of course Oli Sykes has more money... he has a clothing label that employs his whole family.
OrgCore   posted 26 days ago
Lemmy was probably pulling in 50-60k a year by touring in his later years which ain't bad especially with having another 600+k in the bank. Better than a lot of 69 year olds.
anonymous   posted 26 days ago
It's obvious that a majority of his money went to his Crystal habit. Duh!Even in bulk, that shit ain't cheap.
ineedmoresalt   posted 25 days ago
His face looks like one of my dog's chew toys. His money was hidden in the bumps
anonymous   posted 25 days ago
petty non metal talk. mofo would laugh this bitch gossip. get up and make a song instead of being computer spectators. dude would laugh at y'all
anonymous   posted 25 days ago
This site is fcking worthless. Maybe you could start posting suicide deaths with all the other shit you post here.
anonymous   posted 24 days ago
Mentioning a shit alt metalcore band in a post about Motorhead. lolololol
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jaketkulit   posted 13 days ago
RIP Lemmy..
anonymous   posted 3 days ago
His lack of net worth was actually due to his astronomical addiction to hot beef injections from exotic midget lady boys. Sad, really.