What is INXS's Net Worth in 2025?

INXS Overview

Estimated Net Worth: $50 million
Age: Formed in 1977
Born: Sydney, Australia
Died: N/A (Band still active)
Gender: Male (Band members)
Country of origin: Australia
Source of wealth: Music, Tours, Merchandise

Early Life and Background

INXS was formed in 1977 in Sydney, Australia, by the Farriss brothers—Tim, Andrew, and Jon—along with their friends Garry Gary Beers, Kirk Pengilly, and Michael Hutchence. The band members came from diverse backgrounds but shared a common passion for music. The Farriss brothers were particularly influenced by their father, who was a talented musician himself. This familial influence played a significant role in shaping their musical aspirations.

Michael Hutchence, the charismatic lead singer, had a somewhat nomadic childhood, living in various countries due to his father’s job. This exposure to different cultures enriched his musical sensibilities. The band members attended different schools but were united by their love for rock and roll. They started playing together in high school, performing at local venues and school events, which laid the foundation for their future success.

Education-wise, the members of INXS were not particularly focused on academics. Instead, they were more inclined towards honing their musical skills. They spent countless hours practicing and experimenting with different sounds. This dedication to their craft was evident from an early age and set the stage for their future success in the music industry.

Early influences for INXS included iconic bands like The Rolling Stones, The Beatles, and Led Zeppelin. These bands not only inspired their musical style but also their approach to live performances. The members were determined to make a mark in the music industry, and their early experiences and influences played a crucial role in shaping their journey.

Career Beginnings

INXS’s career began modestly, with the band playing at local pubs and clubs in Sydney. Their first significant break came when they were signed by Deluxe Records in 1980. Their debut self-titled album, “INXS,” was released the same year but did not achieve significant commercial success. However, it helped them gain a foothold in the Australian music scene.

The early years were challenging for INXS. They faced financial constraints and struggled to get their music heard. Despite these challenges, they remained committed to their craft. Their perseverance paid off when they released their second album, “Underneath the Colours,” in 1981. This album received better reviews and helped them secure a loyal fan base.

Financially, the band was still in its nascent stages. Their earnings were modest, primarily coming from live performances and album sales. It is estimated that during these early years, the band members earned a few thousand dollars each, barely enough to cover their expenses. However, these initial struggles only strengthened their resolve to succeed.

One of the turning points in their early career was their collaboration with producer Mark Opitz, who helped them refine their sound. This collaboration led to the release of their third album, “Shabooh Shoobah,” in 1982, which marked their first significant commercial success. The album’s success laid the groundwork for their future achievements and financial growth.

Major Breakthroughs

The major breakthrough for INXS came with the release of their fifth studio album, “Listen Like Thieves,” in 1985. The album was a commercial success, reaching the top 10 in Australia and the United States. It featured hit singles like “What You Need,” which significantly boosted their popularity and financial standing. The album’s success marked a turning point in their career, propelling them to international stardom.

Their next album, “Kick,” released in 1987, was an even bigger success. It sold over 10 million copies worldwide and featured chart-topping hits like “Need You Tonight,” “New Sensation,” and “Devil Inside.” The financial impact of “Kick” was substantial, with the band earning millions in album sales, royalties, and concert revenues. It is estimated that the album alone contributed over $20 million to their net worth.

Another significant milestone was their performance at the 1991 Summer XS concert at Wembley Stadium, which was attended by over 72,000 fans. The concert was a massive success and was later released as a live album and video, further boosting their earnings. The financial impact of this event was significant, adding several million dollars to their net worth.

INXS also benefited from lucrative endorsement deals and licensing agreements. Their music was featured in various movies, TV shows, and commercials, generating additional revenue streams. These major breakthroughs not only solidified their status as global rock icons but also had a profound impact on their financial standing.

Diverse Investments and Ventures

In addition to their music career, INXS members diversified their income streams through various investments and business ventures. One of the key areas of investment was real estate. The band members invested in properties in Australia and the United States, which appreciated significantly over time. These real estate investments contributed millions to their overall net worth.

Andrew Farriss, the band’s primary songwriter, also ventured into music production. He worked with various artists and bands, earning substantial income from production fees and royalties. His production work not only added to his personal wealth but also enhanced his reputation in the music industry.

INXS also invested in the stock market, with a focus on technology and entertainment companies. These investments yielded significant returns, further boosting their net worth. The band members were advised by financial experts to diversify their portfolios, which helped them mitigate risks and maximize returns.

Another notable venture was the launch of their merchandise line, which included clothing, accessories, and memorabilia. The merchandise was highly popular among fans and generated substantial revenue. The band’s ability to leverage their brand for commercial purposes played a crucial role in their financial growth.

Peak Earnings

INXS reached their peak earnings during the late 1980s and early 1990s. The release of their album “Kick” in 1987 marked the beginning of this period. The album’s massive success, with over 10 million copies sold worldwide, brought in substantial revenue from album sales, royalties, and concert tours. It is estimated that the band earned over $20 million from “Kick” alone.

Their subsequent albums, “X” (1990) and “Welcome to Wherever You Are” (1992), also performed well commercially, contributing to their peak earnings. The band’s extensive world tours during this period were highly successful, with sold-out shows in major cities across the globe. These tours generated millions in ticket sales and merchandise revenue.

One of the most financially rewarding projects during this period was their performance at the 1991 Summer XS concert at Wembley Stadium. The concert was attended by over 72,000 fans and was later released as a live album and video. The financial impact of this event was significant, adding several million dollars to their net worth.

In addition to their music-related earnings, the band’s investments in real estate, stocks, and other ventures also yielded substantial returns during this period. The combination of high album sales, successful tours, and profitable investments resulted in peak earnings for INXS, solidifying their status as one of the most successful rock bands of their time.

Recent Financial Activities

In recent years, INXS has continued to maintain and grow their wealth through various financial activities. Although the band is no longer as active as they were during their peak years, they still generate significant income from royalties, licensing deals, and merchandise sales. Their music continues to be popular, with millions of streams and downloads on digital platforms.

The band members have also ventured into new business opportunities. For instance, Andrew Farriss has pursued a solo career and released his debut solo album in 2020. This new venture has not only added to his personal wealth but also kept the INXS brand relevant in the music industry.

INXS has also capitalized on the growing trend of music documentaries and biopics. The release of the documentary “Mystify: Michael Hutchence” in 2019 brought renewed interest in the band and generated additional revenue from film rights and streaming services. This documentary highlighted the life and career of their late lead singer, Michael Hutchence, and was well-received by both fans and critics.

Furthermore, the band has continued to invest in real estate and other ventures. Their diversified investment portfolio has helped them maintain financial stability and growth. Despite the challenges posed by the changing music industry landscape, INXS has managed to adapt and find new ways to generate income, ensuring their continued financial success.

Philanthropy and Charitable Contributions

INXS has been actively involved in philanthropy and charitable contributions throughout their career. The band members have supported various causes and organizations, using their fame and wealth to make a positive impact on society. One of the notable causes they have supported is mental health awareness, particularly in memory of their late lead singer, Michael Hutchence.

The band has made significant donations to organizations like Beyond Blue and Lifeline, which provide support and resources for individuals struggling with mental health issues. These contributions have helped raise awareness and provide much-needed assistance to those in need. It is estimated that the band has donated several hundred thousand dollars to mental health causes over the years.

In addition to mental health, INXS has also supported various other charitable initiatives. They have participated in benefit concerts and fundraising events for causes such as disaster relief, poverty alleviation, and education. Their involvement in these initiatives has not only provided financial support but also helped raise awareness and mobilize resources for important causes.

One of the most significant charitable contributions made by the band was their participation in the “Live Aid” concert in 1985. This global event aimed to raise funds for famine relief in Ethiopia and featured performances by some of the biggest names in music. INXS’s performance at Live Aid helped raise millions of dollars for the cause and demonstrated their commitment to using their platform for social good.

Net Worth Over Time

1980: $100,000 (Initial years with modest earnings)
1985: $5 million (Success of “Listen Like Thieves”)
1987: $25 million (Massive success of “Kick”)
1991: $35 million (Summer XS concert at Wembley)
2000: $40 million (Continued royalties and investments)
2023: $50 million (Recent ventures and ongoing royalties)

Comparison with Peers

When comparing INXS’s net worth and financial journey to other bands from the same era, several similarities and differences emerge. For instance, U2, another iconic band from the 1980s, has a significantly higher net worth, estimated at over $700 million. This disparity can be attributed to U2’s consistent global success, extensive touring, and lucrative endorsement deals.

On the other hand, bands like Duran Duran and The Cure have net worths closer to that of INXS, estimated at around $60 million and $50 million, respectively. These bands, like INXS, experienced significant success during the 1980s and early 1990s but did not achieve the same level of sustained global dominance as U2. Their financial growth and investment strategies have been somewhat similar to those of INXS.

One notable difference between INXS and some of their peers is their approach to diversification. While many bands focused primarily on their music careers, INXS members actively pursued investments in real estate, stocks, and other ventures. This diversified approach helped them maintain financial stability even during periods of reduced musical activity.

In terms of career milestones, INXS’s success with albums like “Kick” and their iconic performances at events like the Summer XS concert at Wembley are comparable to the major achievements of their peers. However, the tragic loss of Michael Hutchence in 1997 had a profound impact on the band’s trajectory, setting them apart from other bands that continued with their original line-ups.

FAQ Regarding the Net Worth of INXS

How did INXS accumulate their wealth?
INXS accumulated their wealth primarily through album sales, concert tours, and merchandise. Their successful albums, particularly “Kick,” sold millions of copies worldwide, generating substantial revenue. Additionally, their extensive world tours and popular merchandise line contributed significantly to their net worth.
What were the significant financial milestones for INXS?
Significant financial milestones for INXS include the release of their albums “Listen Like Thieves” and “Kick,” which brought in millions in sales and royalties. Their performance at the 1991 Summer XS concert at Wembley Stadium was another major milestone, generating substantial revenue from ticket sales and subsequent album and video releases.
How did INXS diversify their income streams?
INXS diversified their income streams through investments in real estate, stocks, and other business ventures. They also launched a successful merchandise line and capitalized on licensing deals and endorsements. These diversified investments helped them maintain financial stability and growth over the years.
What impact did Michael Hutchence’s death have on INXS’s net worth?
Michael Hutchence’s death in 1997 had a significant impact on INXS’s trajectory. While it led to a period of reduced musical activity and changes in the band’s line-up, the band’s existing catalog continued to generate royalties. Additionally, renewed interest in the band through documentaries and biopics helped maintain their financial standing.
What are some recent financial activities of INXS?
Recent financial activities of INXS include the release of the documentary “Mystify: Michael Hutchence,” which generated additional revenue from film rights and streaming services. The band members have also continued to invest in real estate and other ventures, ensuring ongoing financial growth and stability.

Final Thoughts

INXS’s financial journey is a testament to their talent, perseverance, and strategic investments. From their humble beginnings in Sydney to becoming global rock icons, the band has achieved remarkable success both musically and financially. Their ability to diversify their income streams through real estate, stocks, and other ventures has played a crucial role in maintaining their wealth over the years.

The most impressive aspect of INXS’s wealth accumulation is their ability to adapt and find new revenue streams even during periods of reduced musical activity. Their continued popularity, as evidenced by millions of streams and downloads, along with successful ventures like documentaries and solo projects, has ensured their financial stability.

INXS’s philanthropic efforts also highlight their commitment to giving back to society. Their support for mental health awareness and various charitable initiatives demonstrates their dedication to using their platform for social good. These contributions have had a positive impact on numerous lives and causes.

Overall, INXS’s financial journey is a remarkable story of success, resilience, and strategic planning. Their lasting impact on the music industry and their continued financial growth serve as an inspiration for aspiring musicians and entrepreneurs alike.

The net worth numbers and associated details provided here are compiled from a range of public sources. Keep in mind that these figures are not set in stone or perfectly accurate, as financial situations and valuations are constantly shifting.