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Legendary Lyricist, Lavish Lifestyle: David Crosby's Net Worth Revealed

Published Fri Jan 19 2024 By Nancy
Legendary Lyricist, Lavish Lifestyle: David Crosby's Net Worth Revealed

David Crosby, an American vocalist, lyricist, and guitarist, initially gained recognition as a member of the Byrds. His contributions played a pivotal role in shaping the folk-rock and psychedelia genres during the mid-1960s. 

Later, Crosby became a prominent figure in the supergroup "Crosby, Stills & Nash," contributing to the widespread popularity of the California sound in the 1970s.

How Wealthy is David Crosby?

David Crosby had amassed a net worth of $10 million at the time of his passing on January 19, 2023, at the age of 81. Recognized as a founding member of the "Byrds" and "Crosby, Stills, & Nash" bands, he earned induction into the Rock & Roll Hall of Fame for his impactful contributions to both groups. 

David Crosby is a vocalist, lyricist, and guitarist from the United States.
David Crosby is a vocalist, lyricist, and guitarist from the United States.
Photo Source: Instagram

It's worth noting that throughout the years, Crosby had openly discussed facing various financial challenges, as detailed later in this article. 

David Crosby's Early Career and Formation of The Byrds

In 1963, David Crosby embarked on his early solo endeavors by recording his initial solo session under the guidance of producer Jim Dickson. The subsequent year saw the formation of the band Jet Set, featuring guitarist and vocalist Jim McGuinn and singer-songwriter Gene Clark

Crosby connected the two musicians with manager Jim Dickson, and the trio, joined by drummer Michael Clarke and bassist Chris Hillman, recorded songs that would later be compiled in albums like "PreFlyte," "In the Beginning," and "The PreFlyte Sessions."

Endorsed by jazz musician Miles Davis, the group signed with Columbia Records and transformed The Byrds. Their debut single, "The Tambourine Man," along with its B-side "I Knew I'd Want You," was released in April 1965. The subsequent album, "The Tambourine Man," released in the summer of that year, achieved commercial success.

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In 1966, Gene Clark departed, making room for Crosby to become the main songwriter. The release of "Eight Miles High" in the spring of that year faced controversy due to radio bans over drug references. Despite this setback, their third album, "Fifth Dimension," released in 1966, received critical acclaim and commercial success. 

David Crosby's Departure From The Byrds And Crosby, Stills, & Nash Formation

By 1967, David Crosby's growing influence and polarizing political views led to his departure in mid-1967 before their fifth album's production began. 

David Crosby had amassed a net worth of $10 million.
David Crosby had amassed a net worth of $10 million.
Photo Source: Instagram

In 1968, Crosby joined forces with Stephen Stills and Graham Nash, naming their collaboration Crosby, Stills & Nash. Later, Neil Young joined, and when they performed together, they became Crosby, Stills, Nash & Young.

Their eponymous debut album in 1969 achieved commercial success. Young's involvement in their second album, "Déjà Vu," made it an even greater hit with three top 40 singles. 

Despite personal and substance-related conflicts, the group reunited in 1974 for a successful tour. However, ongoing disputes, fueled by drug use and differing lifestyles, persisted, leading to intermittent reunions and disbandments. 

Crosby and Nash continued collaborating, producing three albums in the 1970s. Despite periodic reunions, Stills announced in 2016 that the group would not perform together again due to personal conflicts with David.

David Crosby Catalog Sale Agreement 

In March 2021, David Crosby finalized an agreement to transfer his publishing rights to Irving Azoff's Iconic Artists Group. The specific sale price remains undisclosed. 

Prior to this transaction, Crosby had shared multiple posts on social media several months earlier. It revealed his financial challenges and the necessity to consider selling his catalog as a viable option.

David Crosby's Legal Troubles, Drugs, and Arrests 

In 1985, David Crosby faced a significant legal setback, spending nine months in a Texas state prison following convictions for multiple drug and weapons offenses. The drug-related charges were linked to the possession of heroin and cocaine. 

 David Crosby faced a significant legal setback.
 David Crosby faced a significant legal setback.
Photo Source: Instagram

Later that same year, Crosby encountered further legal issues in California, including an arrest for driving under the influence, involvement in a hit-and-run accident, and charges related to possessing a concealed pistol and drug paraphernalia. 

The incident occurred when David crashed into a fence in a Marin County suburb, leading to the discovery of a .45-caliber pistol and cocaine in his car.

On March 7, 2004, Crosby faced additional charges. it included criminal possession of a weapon in the third degree, illegal possession of a hunting knife, illegal possession of ammunition, and possession of around one ounce of marijuana. 

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These items were left behind in his New York City hotel room, discovered by a hotel employee during a search for identification. David, arrested upon his return to retrieve his bag, spent 12 hours in jail, ultimately released on $3,500 bail.

Subsequently, on July 4, 2004, Crosby pleaded guilty in New York State Supreme Court to attempted criminal possession of a weapon, receiving a $5,000 fine without serving jail time. Prosecutors did not pursue a harsher penalty for the weapons charge, as the pistol was registered in California and securely stored in his luggage. 

The charge of unlawful possession of marijuana was dismissed, and David was discharged by the court under the condition of paying his fine and avoiding further arrests.

David Crosby's Health Challenges and Death 

In 2019, David Crosby faced a series of health issues that ultimately led to his passing. Notably, in 1994, Crosby underwent a highly publicized liver transplant, generously funded by Phil Collins

The news stirred public conversations due to Crosby's celebrity status and his well-documented struggles with alcoholism and drug use. His liver complications were attributed to a prolonged battle with hepatitis C. 

In addition to his liver troubles, David battled type 2 diabetes. During an October 2008 concert, he revealed to the audience that he had shed 55 pounds (25 kilograms) as a result of his ongoing struggles with the disease, appearing noticeably thinner than in previous years. 

In February 2014, Crosby faced another health setback. At the recommendation of his doctor, he postponed the final dates of his solo tour to undergo a cardiac catheterization and angiogram, prompted by the results of a routine cardiac stress test. 

Tragically, Crosby passed away in Santa Ynez, California, on January 18, 2023, at the age of 81. His liver transplant, diabetes, and cardiac concerns marked a challenging health journey. 

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