Marc Cohn Net Worth: How Rich Is The 'Walking In Memphis' Singer?

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Marc Cohn is an American singer-songwriter best known for his hit song "Walking in Memphis" from his self-titled 1991 debut album. Beyond this iconic track, Cohn has released several other albums and has written and performed music for both film and television. But how has his successful career translated into wealth?

Marc Cohn's Sources of Income

Marc Cohn's net worth primarily comes from his music career. His income streams include:

  • Album Sales: Cohn's debut album was a commercial success, achieving platinum status. Subsequent albums have contributed to his earnings as well.
  • Singles: "Walking in Memphis" remains a popular song, generating royalties through radio airplay, streaming, and licensing.
  • Live Performances: Cohn frequently tours, performing at concerts and festivals, which provides a significant income source.
  • Songwriting: Besides his own songs, Cohn has written for other artists, adding to his royalty income.
  • Publishing Rights: Owning the rights to his music allows Cohn to earn royalties whenever his songs are used in films, TV shows, or commercials.

Marc Cohn's Estimated Net Worth

As of 2023, Marc Cohn's net worth is estimated to be around $5 million. This figure reflects his successful music career, including album sales, royalties, and live performances.

Early Life and Career Beginnings

Marc Cohn was born on July 5, 1959, in Cleveland, Ohio. He started playing guitar and writing songs as a teenager. After college, he moved to New York City to pursue a music career, performing in clubs and honing his songwriting skills. His big break came with the release of "Walking in Memphis," which launched him into the spotlight.

"Walking in Memphis" and Breakthrough Success

Released in 1991, "Walking in Memphis" became Marc Cohn's signature song. It peaked at number 13 on the Billboard Hot 100 and earned him a Grammy Award for Best New Artist. The song's success propelled his debut album to platinum status, establishing Cohn as a prominent figure in the music industry.

Subsequent Albums and Career

Following the success of his debut album, Marc Cohn released several other albums, including:

  • The Rainy Season (1993)
  • Burning the Cage (1998)
  • Join the Parade (2007)
  • Listening Booth: 1970 (2010)
  • Careless World (2019)

While none of these albums achieved the same level of commercial success as his debut, they have contributed to his net worth and solidified his reputation as a respected singer-songwriter.

Personal Life

Marc Cohn has been married twice. His first marriage was to Jennifer George, with whom he has two children. He is currently married to ABC News correspondent Elizabeth Vargas. Cohn has faced personal challenges, including a shooting incident in 2005, but he has continued to pursue his music career with resilience.

Awards and Recognition

Marc Cohn has received several awards and nominations throughout his career, including:

  • Grammy Award for Best New Artist (1991)
  • Nomination for Grammy Award for Song of the Year ("Walking in Memphis")

Legacy and Influence

Marc Cohn's legacy rests on his songwriting and his ability to craft memorable and emotionally resonant songs. "Walking in Memphis" remains a classic and continues to be played on the radio and streamed online. His music has influenced many aspiring songwriters and performers.

Investing and Financial Planning

While details about Marc Cohn's specific investment strategies are not publicly available, it is likely that he has diversified his investments to ensure long-term financial security. Financial planning is crucial for musicians to manage their income and plan for retirement.

Real Estate and Assets

Information about Marc Cohn's real estate holdings and other assets is not widely known. However, it is common for successful musicians to invest in real estate as a way to build wealth.

Philanthropy

Marc Cohn has been involved in various charitable activities, supporting causes that are important to him. Giving back to the community is a common practice among successful individuals.

Future Prospects

Marc Cohn continues to tour and release new music, ensuring that his career remains active. His future prospects look promising as he continues to engage with his fans and create new opportunities for himself.

Conclusion

Marc Cohn's estimated net worth of $5 million reflects his successful career as a singer-songwriter. His iconic song "Walking in Memphis" has played a significant role in his financial success, along with his album sales, live performances, and songwriting. Cohn's legacy as a talented musician and songwriter is secure, and he continues to inspire audiences with his music.