American Idol season 22: What is Gene Simmons' net worth as of 2024?

The Children Matter Benefit Concert Featuring Gene Simmons, Ace Frehley, Don Felder And Cheap Trick
The Children Matter Benefit Concert Featuring Gene Simmons, Ace Frehley, Don Felder And Cheap Trick (Image via Getty Images)

In this week's American Idol season 22 episode, Gene Simmons from the iconic band, KISS, was one of the surprise guests on the judging panel. Simmons' background in music as a lead singer and bassist, coupled with his stage presence, makes the American musician one of the best celebrity celebrity guests on the singing competition series.

As of 2024, according to Celebrity Net Worth, Gene Simmons' total net worth is $400 million. His successful musical journey and passion are inspirational for the younger generation, hence Gene's mentorship on the American Idol season 22 episode 12 was beneficial for the contestants who made it to the Top 14.

On the April 21, 2024, episode, the contestants performed Rock & Roll Hall of Fame-inspired songs under the guidance of Gene Simmons, thus impressing this season's judges - Lionel Ritchie, Luke Bryan, and Katy Perry.

The reason behind American Idol season 22's guest mentor Gene Simmons' $400 million net worth

His band KISS' immense popularity

Gene Simmons, the legendary rock musician was inspired by The Beatles. In 1973, he and his friend Paul Stanley formed a rock band KISS, which eventually took the world by storm thanks to their unique fashion sense, style, and self-expression.

Since then, an immensely successful career has contributed to his popularity and led to the American Idol mentor's current net worth of $400 million. Throughout the 1990s, KISS sold more than 75 million records, both on an international and national level, as per American Songwriter.

On February 23, 2019, Gene Simmons told The Wall Street Journal that he could share an estimate of how much money he would be making during the band's End of the Road tour, giving one an idea about the amount reportedly involved:

"Everybody gets paid very well. I don't want to quote figures, but this will be $150- or $200-million gross tour, not counting ancillaries, licensing, merchandise and stuff like that."

Apart from touring, the American Idol guest has made a lot of money from the marketing of KISS and the exclusive merchandise business. Due to Gene and his band members' rock theme and signature style, most of their earnings came through licensing deals by launching new products.

Only through merchandise and brand deals, KISS has earned $1 billion since the 1970s.

In April 2024, Simmons sold the rights to the KISS catalog for $300 million to Pophouse, a Swedish music investment company.

His real estate portfolio

The American Idol mentor used to live in Beverly Hills, California in a 16,500-square-foot mansion. Gene Simmons bought his mansion in 1984 for $1.3 million and sold it in 2021 for $16 million. Currently, he owns multiple properties in Malibu, Nevada, and Whistler, British Columbia, with his wife Shannon Tweed.

In March 2023, he sold his Las Vegas house for $11 million, as per Mansion Global. The house was on the market since October 2021 and had been bought for $10.8 million.

Moreover, he also has a home in Malibu and two houses in Los Angeles that he brought for his kids.

Apart from his success as a musician, Gene Simmons is also a reality TV star and features in his show, Gene Simmons Family Jewels. This seven-season series gives insights into the glamorous life of the iconic legend, his family, and his career. Besides the KISS band member, his wife Shannon and kids Nick and Sophie also make multiple appearances in the show.

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Edited by Upasya Bhowal
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