Eddie Van Halen, while a successful guitarist, was a man of many talents, which earned him an estimated $100 million over his lifetime, per Celebrity Net Worth. But, with approximately 56 million albums sold worldwide and more than 80 million in global record sales (per Fox News), it's no wonder amassed so much money. In 2017, Van Halen's former manager, Noel Monk, took credit for some of the band's monetary success when he told Forbes how he helped revive the band after a dead deal with the Warner Bros. The company had agreed to renew the same terms for the band every two years for a lifetime. "I told them we have to get out of this," Monk said. Monk landed them a new deal, as recorded in his book Runnin' With The Devil: A Backstage Pass to the Wild Times, Loud Rock, and the Down and Dirty Truth Behind the Making of Van Halen, which Monk claimed "made the band members instant multimillionaires."
But Van Halen didn't only garner his wealth from the success of the band. He also built it up by inventing and patenting different guitar add-ons, like pegs and other devices, according to a separate Fox News report. His success and inventions eventually led him to be inducted into the Rock and Roll Hall of Fame in 2007. Beyond that, Van Halen will always be in our hearts (and heads!) forevermore.
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