Neil Young Net Worth: 'Powderfinger' Singer Still Earns Millions Per Year

Neil Young, who recently demanded that his music be removed from Spotify due to alleged vaccine misinformation on the platform, still earns millions of dollars from his songs each year.

The 76-year-old Canadian-American singer-songwriter, known for recording "Old Man," "Harvest Moon" and "Heart of Gold,” rose to prominence in the 1960s. Over the years, he has become one of the most successful and famous musicians of all time, and clear proof of this is his massive wealth.

Currently, Young has an estimated net worth of $200 million, according to Celebrity Net Worth.

As a solo artist, he released his first self-titled album in 1969. He later formed the band Crazy Horse and collaborated with them on his second solo album, “Everybody Knows This is Nowhere.”

His next album “After the Gold Rush,” which featured “Tell Me Why” and “Southern Man,” became his first solo one to crack the top 10 in the U.S. Young outdid himself the next year with his album “Harvest,” which contains the songs “The Needle and the Damage Done,” “Old Man” and “Heart of Gold,” as it hit no. 1 and become the bestselling album in the U.S. for 1972.

Aside from Crazy Horse, Young became part of other bands such as Buffalo Springfield, Stills and Nash & Young throughout his career as an artist.

To date, Young has released almost 50 studio albums and more than 20 live albums, of which 18 have been certified gold, seven are platinum and three are multi-platinum.

Last year, Young sold 50% of the rights to his 1,180 songs to investment company Hipgnosis Songs Fund for $150 million, the BBC reported.

Aside from being a singer-songwriter, Young is also an entrepreneur. He was a part-owner of Lionel, a company that specializes in model trains and related accessories. In 2008, Young lost all of his shares in the company as it went bankrupt.

Young also helped create Pono, an online music download and streaming service. In 2017, Pono was forced to shut down after its operating company, Omnifone, was bought out by Apple.

In 1970, Young purchased Broken Arrow Ranch, a 1,000-acre property in La Honda, California, for $350,000. He subsequently expanded the property by buying thousands of additional acres.

He listed his longtime home in Hawaii for $24.5 million in 2015 and eventually sold the property in 2018 for $20 million.

In 2016, Young purchased a home in Malibu, California, from his girlfriend Darryl Hannah for $3.6 million, but it was destroyed two years later in the Woolsey fire.

In a now-deleted post on his website Monday, Young, an outspoken advocate for COVID-19 safety and prevention, asked his managers and record label to remove his music from Spotify because he said the platform is "spreading fake information about vaccines -- potentially causing death to those who believe this disinformation spread by them," according to Rolling Stone.

"I want you to let Spotify know immediately TODAY that I want all my music off their platform. They can have Rogan or Young. Not both," Young said in Monday's post, referring to Joe Rogan, who has made frequent false and inaccurate claims surrounding vaccines and COVID-19 on his podcast.