Danny Elfman is an American singer, songwriter, composer, and actor who has a net worth of 50 million dollars. He has made his fortune through his many scores for various television shows and films. Danny hit international fame in the 1980s when he was the lead singer of the band Oingo Boingo. He released several songs with the band, which elevated his image in the entertainment industry, and it helped him land several gigs in television shows and films.
Career
Danny Elfman began his music career in the early 1970s; he was asked by his brother Richard to join the band. At the time, his roles included arranging and adapting 1920s jazz music. Additionally, he helped make instruments unique for the band, and when his brother left the band, Danny took over as the lead singer.
Over the years, Danny has made scores for various television shows and films, which have all contributed to his financial success. One of the scores he made was on the show The Simpsons, where he made three tunes for the theme song. The song plays at the start of the show’s episodes. Danny is a man who has had a successful career in the entertainment industry.
Royalties
Danny’s work is evident in several films and television shows that he has scored. However, over the years, he has been receiving royalties for creating the theme song in the American sitcom The Simpsons. He will be earning royalties as long as the show airs. Over the years, he has been joking that making the theme song for this show made a positive impact on his financial journey. He claims that composing that theme song made him rich.
Awards and Nominations
Over the years, Danny has received several accolades, mostly for composing songs for several television shows and films. He has received four Academy Awards, BMI Music Awards, Grammy and Primetime Award nominations. All these nominations not only made an impact on his image but also helped him earn more gigs, which contributed to his financial success.
Real Estate
Besides his successful career in the entertainment industry, Danny has built on his financial portfolio through his various real estate investments. In 2000, Danny and his wife bought a home in Hancock Park, Los Angeles, for 2.13 million dollars. In the next three years, Danny renovated the house using 3 million dollars. Fifteen years later, the couple acquired a property next to this home for 3.6 million.
In late 2020, Danny put up the estate for sale for 14. 6 million for the two properties, but he later split them into two, selling one for 8.8 million dollars and the other for 4.2 million dollars. The smaller property had been previously listed for 5.8 million dollars. However, in general, Danny had made a profit from the sale of the two properties.
Danny also spent 8 million dollars to buy two homes in 2021 in Encino, California. He also has a ranch in Santa Barbara. All these properties contribute significantly to his overall net worth.
