Posts Tagged With: Julian Casablancas

Ryan Adams by the numbers: Money, money, money in the bank

Ryan Adams has had a very fine career by the numbers as well as by the music, which is something that entered into the “Losering” story. While I was working on the book, I called upon a friend who worked at a music-business establishment with a subscription to Nielsen Soundscan, the service that tracks music sales in the U.S. He provided album-sales figures for Ryan’s catalog, both solo and with Whiskeytown, which was very useful data to have. While it would be unwise to put all the precise to-the-last-digit numbers for every album here (Soundscan is a subscription service, after all), Ryan’s sales figures through January 2012 can be summarized thusly:

Whiskeytown — 424,103 total sales. In terms of individual titles, the range was from just over 150,000 copies of the original 1997 version of Strangers Almanac down to just under 3,000 copies of the original 1996 independent-label version of Faithless Street. Whiskeytown’s 2001 swan song Pneumonia and the 1998 Outpost Records reissue of Faithless Street were both at over 100,000 copies.

Ryan Adams solo — 2,362,984 total sales, topped by 2001’s Gold at about 425,000 (a figure you’ll notice is greater than the entire Whiskeytown catalog combined) and followed by 2000’s Heartbreaker at about 309,000 and 2007’s Easy Tiger at just over 250,000. Of the rest, only 2003’s Rock N Roll was at more than 200,000 — although 2005’s Cold Roses was close. And bringing up the rear: 2005’s 29 at about 96,000, and 2010’s III/IV at just under 49,000.

NetWorthAdd it up, and it comes to almost 2.8 million in total U.S. album sales (which is probably at least in the neighborhood of 3 million by now, since that was 16 months ago). Nothing to rival U2, but a very healthy sum nevertheless. And while Whiskeytown didn’t make Ryan rich, his ensuing solo career certainly has. How rich? Well, according to the mavens at CelebrityNetWorth.com, Ryan’s estimated net worth is $24 million — a sum that obviously includes revenue from more than just domestic record sales, such as touring, Tim McGraw’s country-hit cover of “When The Stars Go Blue” and all the weird places “Come Pick Me Up” has appeared over the years.

(UPDATE, 3/9/16: Probably as a result of Ryan’s divorce from Mandy Moore, CelebrityNetWorth.com has halved its estimate of his net worth — from $24 million down to $12 million.)

I should note that I’m not sure how trustworthy that $24 million figure is. Not that I know anything about net worth of the rich and famous; but if I’d been asked to estimate Ryan’s fortune before seeing this, I probably would have guessed somewhere closer to the $9 million that Wilco’s Jeff Tweedy is said to be worth. And yet it’s just as possible that $24 million is a conservative estimate because CelebrityNetWorth.com’s summary of Ryan’s career is woefully out-of-date (not to mention sloppy). Here it is verbatim:

Ryan Adams is a North Carolina-born singer-songwriter, musician, and author with an estimated net worth of $24 million dollars. Originally recognized for his work with the alt-rock group, Whiskeytown, Ryan Adams left to pursue a solo career, and has since released five solo studio albums. He also performed with The Cardinals until 2009, when he decided to take a break from music. He is most widely recognized for his song, “New York, New York”.

(Note: This entry has since been updated, but the revised version at that link remains just as clue-impaired.)

Actually, “five solo studio albums” is less than half of what Ryan has released since Whiskeytown disbanded; he’s put out two albums (one a two-disc set) and appeared in a movie since that “break from music” ended; even though “New York, New York” got played on TV at Thursday night’s NFL draft (cha-ching!), I’d still say that “Come Pick Me Up,” “When the Stars Go Blue” and possibly even “Lucky Now” are all better-known by now; and while I’m at it, as descriptions go, “alt-rock group” is a pretty crappy one for Whiskeytown. At any rate, between Ryan’s bottom line and the $23 million that his singer-actress wife Mandy Moore is worth, it seems safe to say he’s not sweating next month’s electric bill.

So how does Ryan’s estimated net worth stack up with what other celebrities are worth, you ask? Well, it’s a fraction of the fortunes of old-school superstars who have been at it for 30 years or more, including Paul McCartney ($800 million), Madonna ($650 million), Dolly Parton ($450 million), Mick Jagger ($305 million), Bruce Springsteen ($200 million) and Robert Plant ($120 million).

But Ryan isn’t too far behind contemporaries like Jack White and Drake, who are both at $30 million. I was actually surprised that Adele didn’t come in higher than $45 million. The next level up is Justin Timberlake at $100 million and Usher at $110 million. Higher still is Foo Fighters main man Dave Grohl (managed, like Ryan, by John Silva) with $225 million, much of which originated from his early-1990s time in Nirvana; and hip-hop icon Jay-Z is in a class by himself with $500 million. Throw in his wife Beyonce’s $300 million, and that’s a household with some serious financial juice.

Returning to Ryan’s relatively modest end of the spectrum, I was a bit surprised at some of the artists he’s well ahead of, including Patti Smith ($15 million), Strokes frontman Julian Casablancas ($10 million) and “Call Me Maybe” hitmaker Carly Rae Jepsen (and if you’re wondering what that level of one-hit-wonder omnipresence is worth, $1 million is apparently the answer).

Narrow the field down to musicians from North Carolina, and about the only one ahead of Ryan is Ben Folds at $35 million (if you don’t count Massachusetts-born James Taylor, $60 million). Another interesting detail is just how far Ryan is ahead of all of North Carolina’s “American Idol” stars, a delegation led by Chris Daughtry at $8.5 million. Clay Aiken is next at $4 million, while Scotty McCreery, Kellie Pickler and Fantasia all come in at $1.5 million or less.

I think the lesson to be learned there is that “American Idol” is more likely to convey fame than fortune. But I still wouldn’t mind trying to scrape by on the bank account of anybody on this list.

ADDENDUM (2/5/15): Here’s more detail from a website called CelebrityGlory.com, although I wouldn’t put much stock in any of their figures. To cite just one questionable example, I’m not sure what they were smoking to have concluded that Ryan’s “1984” limited-edition seven-inch generated the suspiciously robust sum of $349,650.

SECOND ADDENDUM (12/9/15): According to divorce papers filed by Mandy Moore, Ryan earns $151,000 a month — which comes to more than $1.8 million a year, while she claims to be scraping by on “less than a quarter of that” (and is therefore asking for $37,000 a month in spousal support). Anyway, maybe he is worth $24 million…

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“Poseur” traces Ryan’s track marks in New York (and New Orleans)

SpitzPoseurWhile “Losering” recounts a wild time or two from back in the day, on the whole I’d say it’s pretty tame — certainly a lot tamer than it could have been, because I was more interested in Ryan’s music than the dirt. But those seeking the dirt will find a good bit of it in “Poseur: A Memoir of Downtown New York City in the ’90s” (Da Capo Press). Written by playwright/critic Marc Spitz, “Poseur” recounts the author’s posed-with-the-gods moments in the city alongside Ryan and other celebrities including Joe Strummer, Chloe Sevigny, Allen Ginsberg, Toni Collette and Julian Casablancas (go here to see capsule summaries of the namedrops, plus a map showing where much of this happened).

But the book’s most vivid descriptions of Ryan come from New Orleans, where Spitz went in 2003 to report on sessions for what eventually emerged as the album Love Is Hell. That was a dark, grim time for Ryan, and Spitz writes about the experience in fairly harrowing detail. A sample:

Only two years earlier, he’d been the boyish kid playing his acoustic guitar in front of the Twin Towers four days before they were hit. But he’d gotten strung out on heroin and cocaine and gone semi-mad after the release of his first two solo albums, Heartbreaker and Gold…[H]e’d East Villaged up, recorded a version of [The Strokes’] Is This It on a Casio-type keyboard, picked fights with more successful and still-mainstream artists like John Mayer, and run wild all over Manhattan by night. Like all of us, Ryan had Strokes envy, and now he was sharing their manager – and I guess some of their drug habits…He was barely in control of his considerable talent, pretty, and flirting with death as a way to figure out who he truly was, but not interested in the answer at the expense of the drama…he had a beautiful and true voice when he let himself go there, but he got caught up in imitating either his heroes or those more firmly and comfortably entrenched in the zeitgeist…

 Down in New Orleans, putting up track orders and then changing them, taking lunch orders and then changing them, poor Ryan was a dervish of rock-and-roll ADHD. The guy could not sit still and was unable to unload his head fast enough…He was a low-life, as desired, but his brain was so teeming, he never slept or felt at peace and kept not dying. He was a mess.

There’s plenty more where that came from, most of it unbearably sad and depressing — all the moreso because the depravity rings very true. Here’s the story Spitz wrote about it at the time. A couple of years later, the New York Times would announce a story about Ryan sobering up with the headline,  “Ryan Adams Didn’t Die.”

ADDENDUM (2/4/2017): “Poseur” author Marc Spitz has died at age 47.

SECOND ADDENDUM (5/15/2017): Wow, a claim that Ryan got a member of The Strokes hooked on heroine.

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