Joey Kramer Net Worth: Joey Kramer is an American drummer, musician, and businessman with a net worth of $100 million. He is best known as the drummer for Aerosmith, a hard rock band.
Kramer is one of the finest rock drummers of the past 40 years, combining emotional empathy with technical prowess to convey creative ideas to his Aerosmith bandmates.
His precise and powerful rhythms contributed to the sound of Aerosmith’s albums as did Steven Tyler’s vocals and Joe Perry’s guitar. Kramer and Aerosmith achieved great success in their careers.
Having sold over 150 million albums and sold out concerts worldwide, he has also written several hit songs for the group, including Pandora’s Box, The Hop, Can’t Stop Lovin’ You and many more.
Rolling Stone magazine and Hit Parader have named them one of the greatest rock bands of all time, and they were the first rock band to be honored as an MTV Icon. In 2001, they were inducted into the Rock & Roll Hall of Fame.
Joey Kramer Net Worth (2024)
Net asset value: | 100 million dollars |
Job: | Drummer, Musician |
Year old: | 74 years old |
Nation: | USA |
Born: | June 21, 1950 |
Salary (Annual): | $5 million per year |
Latest updates | 2024 |
Joey Kramer Net Worth Growth
Net worth 2024 | 100 million dollars |
Net worth 2023 | $95 million |
Net worth 2022 | $90 million |
Net worth 2021 | $85 million |
Net worth 2020 | 80 million dollars |
Revenue Highlights
Kramer is best known as the drummer for Aerosmith, one of the biggest rock bands of the late 1970s, which featured Steven Tyler, Tom Hamilton, Joe Perry and Brad Whitford.
- Aerosmith’s self-titled album grossed $2.73 million in 1973.
- Get Your Wings grossed $4.03 million in 1974.
- Toys in the Attic grossed $10.53 million in 1975.
- Rocks earned $5,330,000 in 1976.
- Permanent Vacation earned $7,020,000 in 1987.
- Pump earned $10,480,000 in 1989.
- Pandora’s Toys and Big Ones and the Box of Fire box set grossed $9,660,000 in 1994.
- O, Yeah! Ultimate Aerosmith Hits earned $4,930,000 in 2002.
- Rockin’ the Joint earned $194,430 in 2005.
- Devil’s Got a New Disguise grossed $1,240,000 in 2006.
- 20th Century Masters: The Millennium Collection fetched $907,400 in 2007.
- Tough Love: Best of the Ballads grossed $180,650 in 2012.
- Kramer also made a huge amount of money from Aerosmith’s concerts. Ticket sales for the Girls of Summer Tour brought the band about $39 million.
Early life
Joseph Michael Kramer was born on June 21, 1950, in the Bronx, New York City, to Doris and Mickey Kramer, a businesswoman. At the age of 14, he began playing drums with The Medallions, an 11-piece rhythm and blues band.
Kramer briefly attended Thornton Donovan School and was a student at Berklee College of Music, playing with Chubby & the Turnpikes, later known as the Tavares, along with Bernie Worrell.
Career
Kramer met his friend, Steven Tyler, who had formed a band with Joe Perry and Tom Hamilton and was looking for a drummer, he joined and named the band Aerosmith, then Brad Whitford joined the band in 1971.
They got their big break in 1972, at Max’s Kansas City Club in New York. Clive Davis was there that night and immediately signed a contract with Columbia Records. The band toured in 1973 after releasing their self-titled debut album.
“Get Your Wings”, their next album, went gold. “Toys in the Attic” was released in 1975, following “Rocks” in 1976. During this period, the band underwent significant artistic and commercial change, with success.
The album included “Last Child,” “Sweet Emotion,” “Back in the Saddle,” and “Walk This Way.” Their tireless touring paid off with platinum records and sold-out crowds.
This culminated in 1978 in front of a massive crowd of over 80,000 at the iconic Texxas Jam and a sea of over 350,000 at the epic CAL Jam. In 1979, Joe Perry left Aerosmith to form The Joe Perry Project.
Brad Whitford left Aerosmith to form Whitford-St. Holmes. The band’s charm wore off in 1982 with the album “Rock In a Hard Place.” Saner minds prevailed, and Perry and Whitford returned to the band for the Back in the Saddle tour in 1984.
The trio signed a new recording contract with Geffen Records in 1985 and released “Done With Mirrors” in 1986, followed by “Permanent Vacation” in 1987. After “Permanent Vacation”, the band went on to release “Pump” in 1989, which spawned several songs.
It includes “Love in an Elevator,” “Janie’s Got a Gun,” “The Other Side,” and “What It Takes.” They closed out the decade with their first No. 1 single, “I Don’t Want to Miss a Thing,” from the 1998 “Armageddon” soundtrack.
The band released “Just Push Play” in 2001 and “Honkin’ on Bobo” in 2004. Kramer’s solo project “Drum Loops and Samples” features approximately 340 loops and samples with beats per minute ranging from 71 to 148.
Joey Kramer’s autobiography, Hit Hard: A Story of Hitting Rock Bottom at the Top, was published in 2009. He also made a guest appearance on an episode of The Simpsons.
Awards and appointments
Kramer as a member of Aerosmith has won numerous awards, including two People’s Choice Awards, six Billboard Music Awards, eight American Music Awards, 23 Boston Music Awards, 12 MTV Video Music Awards, four Grammy Awards, and an Academy Award nomination.
Business Efforts
Joey Kramer owns Joey Kramer’s Rockin’ & Roastin’ Coffee. Kramer announced his new partnership with Comfort Foods, Inc. in 2013, which will now roast, package, and sell his brand of organic, whole bean coffee.
He formed a business partnership with Les Otten, the former vice president of the Boston Red Sox, in 2015 to open two now-closed cafes in Maine and Massachusetts. He also owned part of a car dealership in Plymouth, Massachusetts.
Personal life
Joey Kramer was married twice, first to April Kramer in 1979 and divorced in 2007. They had two children. Kramer married Linda Kramer, his second wife, in 2009, who died in 2022.
House and car
Kramer bought a 7,700-square-foot mansion in Texas in 2016 and listed it for $3.9 million in 2018. In 2017, he listed another 6,400-square-foot duplex in Texas for $2.235 million. The duplex is located in the Cimarron Hills Golf Course and Country Club community.
The home includes a 600-square-foot guest house. Kramer also owns a Lamborghini Huracán, a Lamborghini Gallardo Spyder, and a $275,000 Lamborghini Murcielago LP640, which he listed for sale on eBay in 2007.
Joey Kramer Biography
Real name | Joseph Michael Kramer |
Nickname | Joey |
Year old | 74 years old |
Height | In feet – 5 feet 6 inchesIn meters – 1.68 mIn centimeters – 168 cm |
Weight | In Kilograms – 75 KgIn Pounds – 165 lbs |
Family | Father – Mickey KramerMother – Doris KramerSister – NoneBrother – None |
Girlfriend | Do not have |
Wife | Linda KramerApril Kramer (married 1979–2007) |
Children | Jesse Sky Kramer |
“I learned from my dad that there comes a time in life when you need to slow down, take a breath, and deal with things, and that’s okay.”
– Joey Kramer
Joey Kramer’s Social Media Profile
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Summary
As of 2024, Joey Kramer’s net worth is estimated to be $100 million. Joey is one of the richest drummers in the world and is credited with naming the band Aerosmith.
The majority of his income comes from his career as a drummer in the band Aerosmith, his solo projects, concerts, tours, record sales, and his own business ventures. Kramer’s annual income is reported to be $5 million.
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