Michael Stipe Net Worth

Michael Stipe is a Georgia-born American singer and the lead vocalist for the alternative rock band R.E.M. Known for his "mumbling style" of singing and his surreal lyrics, Stipe's estimated net worth is currently estimated at $75 million. R.E. M., with Stipe along for the ride, was formed in 1980. The group's first single, "Radio Free Europe," was a hit on college radio. After the group signed a recording contract with I.R.S. Records, they produced their first album, "Murmur," in 1983. Critics loved it and the album won Rolling Stone's Critics Poll Award for "Album of the Year," beating out Michael Jackson's phenomenal hit album, "Thriller." The group enjoyed more success throughout the 1990s and remains viable today. Michael Stipe, while still an active member of R.E.M., is also known for his social and political activism.

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Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.