Ozzy Osbourne's staggering fortune and real estate wealth revealed

News.com.au

5 days ago

Ozzy Osbourne's net worth has been revealed following the news of his death at the age of 76.
The Black Sabbath rocker died this week following a struggle with Parkinson's disease, a statement from his family confirmed.
The British musician, who was a father of six, shared three kids — Elliot Kingsley, Jessica Osbourne and Louis Osbourne — with his ex-wife, Thelma Riley, whom he was married to from 1971 to 1982.
He later welcomed Aimee Osbourne, Kelly Osbourne and Jack Osbourne with his second wife, Sharon Osbourne, whom he married in 1982.
Osbourne's heartbreaking death sees him leave behind a fortune for his family.
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What was Ozzy Osbourne's net worth?
According to Celebrity Net Worth, Osbourne had a staggering net worth of $US220 million ($A335 million) at the time of his death.
The majority of his wealth stems from his 50-year-long career in the music industry.
Osbourne first rose to fame in the early 1970s as the frontman of Black Sabbath. However, his substance abuse issues led to his firing from the band in 1979.
The singer then launched a successful career, releasing 13 studio albums.
In 1996, Osbourne created Ozzfest, a travelling music festival that showcased both legendary and up-and-coming metal acts.
The event was a hit, drawing over five million concert-goers and grossing more than $US100 million ($A152 million) over the years.
The tour also made Osbourne the heavy metal star to surpass $US50 million ($A76 million) in merchandise sales.
In addition to his music career, Ozzy also built his fortune through his reality television shows.
He became a pop culture phenomenon with 'The Osbournes,' which aired on MTV from 2002 to 2005.
The series followed the home life of Ozzy, his wife, and their children, Jack and Kelly.
At the time, the show's first season became the highest-rated series in MTV history.
According to Parade, each family member made $US20,000 ($A30,500) per episode for the first season. A total of $US80,000 ($A122,000) for the family.
Season 1 of the show had 10 episodes, netting the Osbournes $US800,000 ($A1.22 million).
As the series went on, Sharon negotiated their contracts for season 2 to $US5 million ($A7.6 million) per family member for the season, plus other perks.
Real Estate
In 2012, Ozzy and Sharon sold an oceanfront beach mansion in Malibu for under $US8 million ($A12.2 million).
A year later, the couple offloaded an estate in Hidden Hills, California for $US11.5 million ($A17.5 million).
In 2014, the pair bought their first condo in the Sierra Towers building in Los Angeles for $US4 million ($A6.1 million). They bought the unit next door in 2021.
The duo paid around $US6.3 million ($A9.6 million) for both units. Ozzy listed the condo in 2023 for $US4,795,000 ($A7.3 million).
Ozzy and Sharon purchased a mansion in LA's Hancock Park neighbourhood in 2015 for $US12 million ($A18.3 million).
After announcing their plan to move back to the UK, Ozzy and Sharon put the mansion up for sale, with a price tag of $US18 million ($A27 million).
Buckinghamshire
In 1993, Ozzy and Sharon paid an undisclosed amount for a historic estate in Buckinghamshire, England.
Beverly Hills TV Show House
In 1999, Ozzy and Sharon paid $US4 million ($A6.1 million) for a Beverly Hill mansion that would soon become the filming location of 'The Osbournes'.
They sold the home to Christina Aguilera in April 2013 for $US11.5 million ($A17.5 million).