SwayBlog

Highlights

• Jeff Lynne increased his $100 million net worth with ELO's final tour, potentially earning millions from ticket sales.
• Previous tours show that musicians rake in cash from live shows; Jeff Lynne chose this over being on stage.
• Lynne cites studio work as more enjoyable, reflective of discontent with live performance during tours in the 1970s and beyond.

When a band breaks up and gets back together, or just doesn't tour all that often, the chance to see them play live music again is priceless. That's why fans paid so much for Taylor Swift's expensive but incredible Eras tour. Other artists like Madonna tour often but make a fortune each time.

Since Jeff Lynne doesn't tour much as a solo artist or with his band Electric Light Orchestra, it was thrilling when he announced his Farewell Tour with Electric Light Orchestra in March 2024. In this article, we'll take a look at how much money Jeff Lynne will earn from the "Over and Out" tour, along with the interesting thoughts he has about touring.

How Much Did Jeff Lynne's Goodbye Tour With Electric Light Orchestra Add To His Net Worth?

Jeff Lynne's 2024 farewell tour with Electric Light Orchestra added a lot of money to the singer's $100 million net worth. At the time of this writing, since ticket sales haven't started yet and the tour is months away, it's unknown how much Jeff Lynne will make from ticket sales for ELO's Farewell Tour. However, since Electric Light Orchestra is a popular band and fans were excited to see them perform live one last time, it's possible to assume they will earn tens of millions of dollars.

While Lynne's take-home pay from his ELO Farewell Tour isn't available yet, it's possible to make an educated guess based on what other bands and musicians have earned. According to Forbes, Pink earned $85 million from grossing $300 million from 37 2023 concerts. ELO's 2024 included 27 dates. According to Ticket Smarter, ELO tickets usually cost $150. If each concert venue sets several hundred or even thousands of people and everyone pays around $150, it's easy to see that each ELO member would take home a few million at the very least.

When looking at what some popular bands and musicians earned from touring even just a few years ago, it's clear that Jeff Lynne got richer thanks to his tour with Electric Live Orchestra. According to a Digital Music News article from 2017, musicians earn the bulk of their income thanks to tours.

For example, Bruce Springsteen's 2016 tour earned $40.9 million, which was 97% of his annual income. Guns 'N Roses earned $40.4 million while out on tour, which was almost 96% of their income. Beyonce made $54.7 million from her tour, which made up 88% of her 2016 income. While Taylor Swift might have earned $200 million-$400 million from her amazing Eras tour, it seems unlikely that Electric Live Orchestra 2024 Farewell Tour grossed quite that much since their tour didn't have quite the same hype.

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However, based on these numbers, it seems impossible for Jeff Lynne not to walk away with a ton of money in the bank. It's fair to say that his decision to go out on tour with Electric Light Orchestra one last time in 2024 was a wise financial one.

While many bands make most of their money thanks to touring, he earns an income from a few other creative pursuits. Lynne wrote songs for singers such as Tom Petty and has also made a living as a music producer. However, it's fair to assume that his Electric Light Orchestra 2024 Farewell Tour earnings were equal to or more than what he made as a songwriter or producer.

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Fans shared their excitement over Electric Light Orchestra performing again on Reddit, which proves that there was a lot of interest in the goodbye tour. Redditor @ctkamp3 wrote:

"Saw them on their last tour and if you like ELO, you don’t wanna miss this. One of the best shows I’ve ever seen; the lights are amazing, Lynne and the band all sound great."

Why Did Electric Light Orchestra Stop Touring?

Electric Light Orchestra stopped touring because Jeff Lynne wasn't a fan. In 2012, Bev Bevan, ELO's drummer, talked about why Electric Light Orchestra never toured after a certain point.

Bevan said:

“Basically, the band ended when we decided to stop touring. The last big tour was in 1981 – the Time tour – but after that Jeff never really wanted to tour. Personally, I’ve always loved that side of things. Playing live was always the thing I enjoyed the most."

Although touring can be lucrative for musicians, Lynne talked about his complicated feelings about live performances in various interviews.

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According to Far Out Magazine, Jeff Lynne talked about his song "Mr. Blue Sky" and said it was tough to perform for an audience because it was a different experience. He said, "I didn’t like the sound at all. The live set was not much fun for me.” He continued, "We were all doing our best. We were trying to get it as good as we could get it, but it was difficult. Especially in those 10,000 seater places where you couldn’t really hear yourself."

The singer echoed that statement in 2013. According to Ultimate Classic Rock, he said that he loved being a music producer because he preferred to be in the studio, not out on stage. He said, . "Even when I was on tour and on stage singing, I could be thinking about another song I’m working on. Which just shows you my heart wasn’t in live performance, that it was in the studio, and it always has been. That’s why I became a producer."

In 2015, Lynne geared up to play with Electric Light Orchestra again after they performed at Hyde Park in 2014. He told Louder Sound that he didn't like going on tour back in the 1970s. He said:

"My memory of touring in the wonderful seventies was that it was crap and I hated it. I just remember having to catch planes all the time – three planes to get to one gig – and playing loads of gigs in a row with no day off."

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