Krist Novoselic is a name that is synonymous with the rise of grunge music in the 1990s and has an estimated net worth of $80 million. As the bassist of the iconic band Nirvana, Novoselic was a crucial contributor to the band’s unique sound, which would go on to define an entire generation of music lovers. But while Nirvana’s legacy is cemented in the annals of rock history. It is often overlooked the individual success of its members.
In this article, we’ll be taking a deep dive into Krist Novoselic’s net worth and the legacy that he has left behind. From his early life to his post-Nirvana career, we’ll be exploring the factors contributing to his net worth and the philanthropic causes he has been a part of.
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Krist Novoselic Net Worth
Given Novoselic’s long and varied career, estimating his net worth can be tricky. However, according to Celebrity Net Worth, as of 2023, Krist Novoselic has an estimated net worth of around $80 million. This worth is primarily thanks to his success with Nirvana and various business ventures and investments.
In addition to his success in the music industry and business, Novoselic has been involved in various philanthropic causes. He has supported organizations like the Crohn’s and Colitis Foundation and donated to various political campaigns.
Early Life and Career
Krist Novoselic was born in Compton, California, in 1965, to Croatian immigrant parents. When he was a child, his family moved to Aberdeen, Washington, a small logging town on the Olympic Peninsula. In Aberdeen, Novoselic would meet Kurt Cobain, and the two would go on to form Nirvana.
In the early years of Nirvana’s career, Novoselic was primarily famous for his skills on the bass guitar. While not as flashy as some of his contemporaries, Novoselic’s bass lines were integral to Nirvana’s sound. His playing was characterized by a deep, resonant tone that laid the band’s music foundation.
Contribution to Nirvana
But while Novoselic’s contribution to Nirvana went far beyond his musical abilities. Along with Cobain, Novoselic was a key songwriter for the band, contributing to many of their most well-known songs. In addition, he was also responsible for much of the band’s business dealings, negotiating contracts and dealing with record labels.
One of the most significant songs that Novoselic was a part of was “Smells Like Teen Spirit,” Nirvana’s breakout hit. While Cobain often got credits with the song’s composition, Novoselic played an integral role in the song’s creation. According to Novoselic, he came up with the song’s iconic opening riff while jamming with Cobain, and the two worked together to flesh out the rest of the song.
In addition to “Smells Like Teen Spirit,” Novoselic also contributed to other iconic Nirvana songs like “Come As You Are,” “Lithium,” and “In Bloom.” These songs would define an entire generation of music.
Following the dissolution of Nirvana after Cobain died in 1994, Novoselic took a step back from music for a time. In the following years, he would work on various musical projects, including his band, Sweet 75, and collaborations with other musicians like Foo Fighters frontman Dave Grohl.
In addition to his musical endeavors, Novoselic became increasingly involved in political and social activism. He has been a vocal advocate for electoral reform, and in 2004, he ran for Lieutenant Governor of Washington State on a platform of proportional representation. While he ultimately lost the race, his campaign brought attention to the electoral reform issue and helped spark a broader conversation.
Novoselic has had various business ventures and investments in recent years. He has served as a board member for several companies, including the technology firm Suspect Detection Systems, and has invested in various real estate projects.
Controversies and Criticisms
Despite his success, Novoselic has faced his share of controversies and criticisms over the years. In 2016, he faced backlash for a controversial tweet in which he appeared to express support for then-presidential candidate Donald Trump. The tweet was widely criticized, with many fans disappointed in Novoselic’s apparent support for a candidate whose views are antithetical to the values of Nirvana and the grunge movement.
Novoselic has also faced criticism for his involvement in various political causes. Some have accused him of aligning himself with far-right groups and individuals. At the same time, others have criticized his support for electoral reform as misguided or ineffective.
Business Ventures and Investments
In addition to his music career, Novoselic has had various business ventures and investments. In the early 1990s, he founded a recording studio called Laundry Room Studios, which he used to record Nirvana’s final album, “In Utero.”
He has also invested in various real estate ventures. That includes a property in Montana he purchased with his Nirvana bandmates in the 1990s.
More recently, Novoselic has had cryptocurrency, investing in Bitcoin and other digital assets. He has spoken publicly about the potential of blockchain technology to revolutionize the music industry.
Political and Social Activism
Novoselic has long various political and social causes. In the 1990s, he was an outspoken advocate for gun control, calling for stricter regulations after the Columbine High School massacre in 1999. He also expressed support for the Green Party and other progressive political movements.
In recent years, Novoselic has become more involved in local politics in his home state of Washington. He served on the Grays Harbor Symphony Orchestra board from 2012 to 2014. And he has been a vocal advocate for progressive causes like affordable housing and environmental protection.
Novoselic has also been a vocal supporter of the Black Lives Matter movement, speaking out against police brutality and systemic racism. In 2020, he faced criticism from some fans after expressing support for Donald Trump’s decision to use tear gas to clear protesters from Lafayette Square in Washington, D.C.
Personal Life and Interests
Novoselic is famous for his diverse interests outside his music and activism. He is an avid reader and has recommended several books on his social media accounts.
Novoselic is also a fan of video games and is famous for streaming gameplay on Twitch. He is particularly interested in virtual reality and has an involvement in developing several VR games and experiences.
In his personal life, Novoselic has been married twice and has two children. He resides in rural Washington state and is famous for his love of the outdoors and rural life.
FAQs on Krist Novoselic Net Worth
What is Krist Novoselic’s primary source of income?
Krist Novoselic’s primary source of income is his work in the music industry, particularly his time as the bassist for Nirvana. However, he has also earned money through real estate and cryptocurrency investments.
How did Krist Novoselic get involved in politics?
Krist Novoselic has had an interest in politics since the early days of Nirvana. He was a vocal advocate for progressive causes throughout the 1990s and has recently become more involved in local politics.
What kind of businesses has Krist Novoselic invested in?
Krist Novoselic has invested in various businesses, including real estate and cryptocurrency. He has also been involved in developing several virtual reality games and experiences.
Does Krist Novoselic still play music?
Krist Novoselic is no longer an active member of Nirvana. But he continues to play music and collaborate with other artists. He has released several albums with his band Giants in the Trees. And he has made guest appearances on albums by other musicians.
Krist Novoselic’s net worth is a testament to his diverse talents and interests. From his groundbreaking work with Nirvana to his investments in cryptocurrency and real estate, he has demonstrated a keen business sense and a willingness to take risks.
But Novoselic’s legacy goes beyond his financial success. He has been a vocal advocate for progressive causes. And he has used his platform to speak out against social injustice and inequality.
As he continues pursuing his various interests and projects, it will be interesting to see what new ventures Krist Novoselic will embark on in the coming years.