Ozzy Osbourne’s Remarkable Legacy: Fortune from His Rock ‘n’ Roll and Reality TV Success at 76

Ozzy Osbourne’s Remarkable Legacy: Fortune from His Rock ‘n’ Roll and Reality TV Success at 76

Late veteran rocker Ozzy Osbourne has reportedly left behind a fortune worth an estimated $335 million AUD (£163 million GBP).

Osbourne, who died on Tuesday at age 76 after a long battle with Parkinson’s Disease, amassed his wealth after a hugely successful music career spanning 50 years.

The former Black Sabbath frontman and best-selling solo artist also found a lucrative late-life second career as a reality TV star with MTV’s The Osbournes.

Osbourne additionally founded an enormously successful business as a music promoter with Ozzfest, a travelling heavy metal festival he created alongside his wife Sharon in 1996.

Ozzy rose to fame in the late 1960s as the lead singer of seminal heavy metal act Black Sabbath.

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Late veteran rocker Ozzy Osbourne (pictured) has reportedly left behind a fortune worth an estimated $335 million AUD (£163 million GBP)

Late veteran rocker Ozzy Osbourne (pictured) has reportedly left behind a fortune worth an estimated $335 million AUD (£163 million GBP)

The UK band went on to sell an estimated 70 million albums, but Ozzy was booted out by his bandmates in 1979.

Ozzy’s own solo career bested his old group’s sales, selling over 100 million records from 13 albums.

Ozzfest, meanwhile, was also a gold mine for the ‘wild man’ rocker.

According to Celebrity Net Worth, Osbourne made a whopping $76 million AUD (£37 million GPB) in merchandise alone. 

The festival was in operation between 1996 and 2006, attracting five million fans over the years.

The cumulative gross for the event is estimated at a staggering $152 million AUD (£74 million GBP). 

Ozzy won a new generation of fans with his MTV reality series The Osbournes.

Set in his Los Angeles mansion and covering the day-to-day life with his family, the series starred Ozzy, wife Sharon, daughter Kelly and son Jack.

Osbourne, who died on Tuesday at age 76 after a long battle with Parkinson’s Disease, amassed his wealth after a hugely successful music career spanning 50 years. Pictured: Osbourne on stage in 1989

The former Black Sabbath frontman and best-selling solo artist also found a lucrative late-life second career as a reality TV star with MTV’s The Osbournes. Pictured with his daughter Kelly, son Jack, and wife Sharon Osbourne

Launched in 2002, the series ran for four seasons, ending in 2005. 

According to Parade it was a nice payday for each member of the Osbourne clan featured.

Each of the Osbournes made $30,500 AUD (£14,800 GBP) an episode for the debut season.

In a canny business move, the Osbournes upped their salary demands for the second season, asking $7.6 million AUD (£3.7 million GBP) for each of them.

Ozzy was also a keen real estate mover and shaker, buying a condo in Los Angeles for $6.1 million AUD (£2.9 million GBP) in 2014, after selling two prestige pads in California for a total of $29.7 million AUD (£14.4 million GBP).

According to Realestate.com the Osbourne’s later splashed $ 18.3 million AUD (£8.9 million GBP) on an LA mansion in 2015.

The luxury pad, made famous in their TV show, meanwhile, went under the hammer in 2013 for $17.5 million AUD (£8.5 million GBP). 

It was sold to buyer Christina Aguilera after Osbourne purchased it in 1999 for $6.1 million AUD (£2.9 million GBP).

Osbourne additionally founded an enormously successful business as a music promoter with Ozzfest, a travelling heavy metal festival he created alongside his wife Sharon in 1996

Osbourne additionally founded an enormously successful business as a music promoter with Ozzfest, a travelling heavy metal festival he created alongside his wife Sharon in 1996

Ozzy and Sharon, the rocker’s second wife, were married on 4 July, 1982 in Hawaii, and the couple shared three children – Aimee, 41, Kelly, 40, and Jack, 39.

He also shared three children with first wife Thelma Riley – adopted son Elliot Kingsley, 59, Jessica, 53, and Louis, 50.

The rocker was able to bid an emotional farewell to his fans on stage this month as he reunited with his original Black Sabbath bandmates Tony Iommi, Geezer Butler and Bill Ward for the first time since 2005.

‘You’ve no idea how I feel – thank you from the bottom of my heart,’ Osbourne told the crowd in his final speech.

The music legend vowed, however, that it would be his final ever performance due to his health, having opened up about his battle with Parkinson’s in 2020.

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