Neil Peart Net Worth - Pulptastic
Daniel Foster What was Neil Peart’s Net Worth?
Neil Peart, the Canadian musician and author, had a net worth of $40 million at the time of his death. He was best known for his contributions to the rock band Rush, serving as its drummer and primary lyricist for many years. Peart was inducted into the “Modern Drummer Readers Poll Hall of Fame” in 1983 and was considered one of the best drummers of his generation.
Beyond music, Peart published seven nonfiction books, including memoirs that chronicled his travels and explored themes such as science fiction and philosophy.
In 2015, Peart announced his retirement from music, though some speculated that he was only taking a break. It was later confirmed in 2018 that he was retiring permanently due to health issues. Peart passed away in 2020 at the age of 67 after battling glioblastoma, a form of cancer, for over three years.
Early Life and Musical Beginnings
Neil Ellwood Peart was born on September 12th of 1952 in Hamilton, Ontario, Canada. He grew up in St. Catharines alongside three younger siblings. Peart’s interest in music began when he listened to the latest pop music with a transistor radio. He started playing the piano, but later turned to drumming after his parents bought him a drum kit. Peart began taking lessons at a local music conservatory and soon started performing in front of other high school students on stage. During his late teen years, he joined many local bands.
After graduating high school, Peart relocated to London, England with hopes of finding greater opportunities to become a professional musician. However, this proved to be unsuccessful, and Peart returned to Canada after 18 months.
Neil Peart’s Career with Rush
Neil Peart joined Rush in 1974 and became the band’s primary lyricist. They released the successful album “Fly by Night” in 1975, followed by a series of albums in the late 70s and beyond. In 1997, Peart’s daughter and long-term common-law wife passed away, causing him to consider retiring. However, he returned to music after a long motorcycle ride. The band reformed in 2001 and released three more studio albums. Unfortunately, Peart’s health issues caused the band to cease large-scale touring.
Neil Peart’s Retirement and Health Issues
In 2015, Neil Peart announced his retirement and disclosed that he had been struggling with chronic tendinitis and shoulder problems. However, these were not his only health concerns.
In 2020, Peart passed away after a 3-and-a-half-year battle with brain cancer.
Neil Peart’s Innovations in Drumming
Neil Peart, considered one of the greatest drummers of all time, has made significant contributions to the art of drumming. He is known for playing with the heavier end of the drumstick outward, in contrast to the conventional method of using the narrowed ends outwards.
In the mid-1990s, Peart reinvented his style with the help of jazz coach Freddie Gruber. He also gained fame for his innovative and advanced drum kit setups, sometimes featuring more than 40 different drums.
On stage, Peart was known for delivering mesmerizing and intricate drum solos that captivated audiences and showcased his exceptional talent.
Neil Peart’s Santa Monica Home
In 2011, Neil Peart reportedly purchased a Santa Monica residence for $4.95 million, after it was originally listed for $5.125 million. The property spans 6,200 square feet and has five bedrooms, with features including French doors, a double-sided fireplace, a media room, a wine cellar, and a wet bar. The residence was constructed in 2001.