Robert Stigwood Net worth: Robert Stigwood was an Australian film and music producer who at the time of his death in 2016 grossed $ 300 million. It also includes the value of their valuable music publishing empire. Stigwood is perhaps best known for the discovery and management of Bee, one of the best-selling music groups of all time. He also managed the group Cream and played a direct role in the production of films such as “Grizz” and “Saturday Night Fever” with various theatrical productions.
At the peak of his career in the 1970s, Robert was arguably the most powerful person in the entire entertainment industry. Not only did he own the record label RSO (Robert Stigwood Organization), but also released albums from Cream and The Bee Gees based on his popularity, he also owned his published rights and made the most of the profits from his films. Earned and film soundtrack. The soundtracks for “Saturday Night Fever” and “Grease” alone sold nearly 80 million records.
early life: Robert Colin Stigwood was born on 16 April of 1634 in Port Pirie, South Australia. His father was an electrical engineer, and Robert attended Adelaide’s Sacred Heart College during his secondary school years.
Carrier: With the intention of finding more and more opportunities, Stigwood moved to England to work in the theater world. Although he worked briefly for New Theater Royal, it was shut down and Robert Stigwood was forced to explore other options. After the formation of Robert Stigwood Associated Ltd., he partnered with musician Joe Meek to join the music industry for the first time.
With the support of Stigwood, Make released singles like “Tell Laura I Love Her”. Stigwood then worked with John Layton, another artist who released the successful single “Johnny Remember Me”, which reached the top of the charts in the UK. Robert signed a number of additional artists before signing a lucrative business deal with EMI.
Stigwood then went on to have serious success after starting to manage Big Geese. The group had just returned from Australia to the UK, and announced their arrival with a successful single debut, “New York Mining Disaster District 41.” Later hits included “Massachusetts”. Over the next few years, Stigwood managed Bee Gees as he released several mainstream hit films in the 70s, including “You Won’t Be Dancing,” “Stay Alive” and many more. Robert also joined the film and television industry, helping to produce films such as “Grace” and “Saturday Night Fever”, as well as producing several musicals.
During this period, Stigwood also began managing creams, and he is credited with stopping Eric Clapton from doing drugs in the early 70s. In 1973, Robert made a screen adaptation of “Jesus Christ Superstar”. The soundtrack for “Saturday Night Fever”, a film that Stigwood helped produce, was largely responsible for the mainstream success of Be Gay. Over the next few years, he produced several additional films and collaborated with Rupert Murdoch. He was also known for helping to create various game shows. During his final years, Stigwood mostly associated himself with musical theater.
Saturday night Fever: Stivewood opted for the rights to an article in New York magazine that became “Saturday Night Fever”. Released in 1977 on a budget of $ 3.5 million ($ 15 million in today’s dollars), funded by Robert, the film becomes an international sensation with over $ 240 million in the original run box office alone ($ 1 in today’s dollars Billion). He also owned the film’s revolutionary soundtrack.
The “Saturday Night Fever” soundtrack sold 40 million copies, largely due to four monster hits from The Bee Jays (“Stay Alive”, “Night Fever”, “More a Woman a Woman”). How deep is your love “).
“The Bodyguard” sold 45 million copies of the soundtrack by 1992, holding the record for the best-selling soundtrack.
Grease: Stigwood followed his formula with 1978’s “Grease”. Made on a budget of $ 6 million, the film grossed $ 366 million at the box office. It is about $ 1.5 billion in today’s dollars. The “Greece” soundtrack sold 38 million records.
real estate: In 2004, it was reported that Robert was selling his 500-acre manor in East Cause, Isle of Wight. He put the property on the market with a price tag of £ 9 million, originally buying the house back in the early 90s for £ 1.5 million. Following the purchase, Stigwood embarked on a decade-long mission to renovate the mansion. These renovations included replacing paneled rooms and restoring the gardens to their original designs that were once designed by Prince Albert. The house also has its own vineyard which once supplied to the British royal family.