Robert Stigwood Net Worth: What Was the Cause of Death of the Gay Producer?

Robert Colin Stigwood was an Australian-born British-resident music entrepreneur, film producer, and impresario best known for managing Cream, Andy Gibb, and the Bee Gees, theatrical productions such as Hair and Jesus Christ Superstar, and successful film productions such as Grease and Saturday Night Fever.

At the time of his death, one obituary concluded that he had been the entertainment industry’s most potent tycoon: “Stigwood owned the record label that issued his artists’ albums and film soundtracks, and he also controlled publishing rights – not since Hollywood’s golden age had so much power and wealth been concentrated in the hands of one mogul.”

Early Years of Robert Stigwood

Stigwood was born in 1934 in Port Pirie, South Australia, to Gwendolyn (Burrows) and electrical engineer Gordon Stigwood. He attended Sacred Heart College in Adelaide for his education.

In 1955, he hitchhiked to England. Among his early jobs, he worked at an East Anglian facility for “backward teenage guys.” Before Hector Ross left and the New Theatre Royal in Portsmouth, Hampshire, closed, he worked briefly for him.

Career and Achievements

In search of better prospects, Stigwood relocated to England to work in the theatre industry. Despite his brief employment there, Robert Stigwood was compelled to seek alternative employment opportunities once the New Theatre Royal ceased operations. After establishing Robert Stigwood Associated Ltd, he collaborated with Joe Meek to enter the music industry for the first time.Robert Stigwood Net Worth

Before negotiating a profitable business agreement with EMI, Robert signed several additional musicians. With the assistance of Stigwood, Meek released singles such as “Tell Laura I Love Her.” Then, Stigwood collaborated with John Leyton, another musician who recorded the hit single “Johnny Remember Me,” which topped the UK charts.

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After he began managing the Bee Gees, Stigwood subsequently attained great success. The group had recently returned from Australia to the United Kingdom, and their successful debut, “New York Mining Disaster 1941,” hailed their arrival. Among the latest hits was “Massachusetts.”

Stigwood handled the Bee Gees in the following years as they released several popular successes in the 1970s, including “You Should Be Dancing” and “Staying Alive.” Robert also became active in the film and television industries, assisting in producing films such as “Grease” and “Saturday Night Fever,” as well as musicals.

Stigwood also began managing Cream and is credited for encouraging Eric Clapton to stop using narcotics in the early 1970s. In 1973, Robert adapted “Jesus Christ Superstar” for the big screen. The soundtrack to the film “Saturday Night Fever,” which Stigwood helped produce, was primarily responsible for the Bee Gees’ mainstream success.

In the following years, he produced numerous further films and cooperated with Rupert Murdoch. He was also noted for his contributions to creating multiple game shows. During his latter years, Stigwood focused primarily on musical theatre.

What Was the Net Worth of Robert Stigwood?

Robert Stigwood was an Australian film and music producer who died in 2016 with a net worth of $300 million, according to celebrity net worth. This covers the sale of his music publishing company in the 1990s.

Stigwood is most famous for discovering and managing the Bee Gees, one of the most successful musical groups. He also worked with the band Cream and was involved in developing films such as “Grease” and “Saturday Night Fever,” as well as other theatre performances.

Earnings

Every copy of “Saturday Night Fever” sold paid Robert $4. The album sold 22 million copies worldwide. That implies Robert earned $88 million from the “Saturday Night Fever Album.” After adjusting for inflation, that equates to almost $430 million today.

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Over three years in the 1970s, Robert’s film ventures brought more than $1 billion for Paramount Pictures. This figure does not include the proceeds from the soundtrack record because the studio did not own a copy of the album.Robert Stigwood Net Worth

Earning $1 billion at the time is equivalent to about $5 billion in today’s terms after inflation. Robert’s portion was approximately $300 million. After adjusting for inflation equates to $1.5 billion in today’s money.

Later Years of Robert Stigwood

During his latter years, Stigwood remained active, particularly in musical theatre, appearing in stage revivals of Grease and a theatrical adaption of Saturday Night Fever (musical). He sold the Barton Manor estate on the Isle of Wight, where he had lived for many years, in 2005. Stigwood was a gay man.

Real Estate

Robert was rumored to sell his 500-acre manor in East Cowes, Isle of Wight, in 2004. He listed this property for sale at 9 million pounds after purchasing it for 1.5 million in the early 1990s. Following the purchase, Stigwood began a decade-long renovation project.

Robert owned a beautiful 26-acre house in Bermuda, surrounded by pure ocean. nelled chambers were replaced, and the grounds were restored to their original price Albert set outy Prince Albert. The estate also has its vineyard, which used to supply the British royal family.

Reason for Death

Robert Stigwood, who managed Cream and the Bee Gees before producing the rock musicals Saturday Night Fever and Grease, has passed away at age 81. Spence’s cause of death could not be determined immediately. r Gibb, the son of Bee Gees icon Robin Gibb, confirmed the end of the Australian promoter on Facebook.

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A crew Lloyd Webber was among those who paid tribute to Stigwood, calling him a “wonderful showman” who “taught me much.” Robert was the driving force behind The Bee Gees’ career, said Spencer Gibb, who described him as “a creative genius with a speedy and dry wit.”

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