ABBA, one of the most popular old-school bands, can not be excluded whenever there is a debate about Pop music. In today’s article, we will be knowing more about ABBA and also about its net worth. ABBA is a retro Swedish pop band that shook the world with its music in the 70s and 80s. Formed in Stockholm in the year 1972 by Agnetha Fältskog, Bjorn Ulvaeus, Benny Andersson, and Anni-Frid Lyngstad, ABBA gained love and fame pretty fast. The name of the band is the acronym of the first letters of the members. They were considered as one of the best-selling music artists of all time.
During its prime time, ABBA had many hits and became popular not only in just Europe but also in Latin America and many other countries. The band mainly consisted of two married couples: Lyngstad and Andersson and, Fältskog and Ulvaeus. It will be wrong to say that both of their marriage didn’t suffer as a result of the gained popularity. Eventually, both of their marriage collapsed. The group’s music choice was reflected because of these relationship changes, which lead to the disbandment of the group. To know more about ABBA and its net worth, keep following the article.
As of 2021, ABBA’s net worth is estimated to be around $900 million. Individually the band members estimated wealth is somewhat from $200- $300 million. They also make income from royalties and tv shows, and films. The musical “Mamma Mia” and later in “Mamma Mia! Here We Go Again” in 2018 adapted their music. According to Celebrity Net Worth, Frid and Björn have net worths of £218million. Benny’s and Agnetha’s net worth is £167 million and £146 million, respectively. According to some reports, they also got $3.1 million from royalties. They made this huge fortune, especially from music and the tours they did worldwide.
ABBA also has many accolades under its name. Their Instagram account with almost 600k followers. They also have a whopping 19 million-plus monthly listeners on Spotify. In 2000 they turned down an offer of $1 billion for performing 100 shows. They said they would reunite for the music, not for money.
The legendary band started taking shape after the two friends, Andersson and Ulvaeus, met Lyngstad and Fältskog. Benny Andersson was the songwriter and keyboard player along with guitarist Björn Ulvaeus, and Agnetha Fältskog and Anni-Frid Lyngstad were in charge of the vocals. Working together musically, the quartet was also romantically involved. They made their debut in the year 1972, and in 1973 they formally named their group ABBA.
Achievements Of ABBA
The pop group was always on top of the chart since its early days. Their music had a great impact on the people’s hearts nationwide. ABBA is referred to as one of the best-selling bands that originated from Europe, being the number one in Sweden. The band was the first Eurovision contest winner from Sweden. Their popular songs include “Ring Ring,” “Gimmie!”, “Dancing Queen,” “Take a Chance On Me,” “Mamma Mia,” “Eagle,” “Knowing Me Knowing You,” and many more. The band came third in the Eurovision Contest with their song Ring Ring. Later in 1974, they snatched the first position with the song “Waterloo.”
Their song “Dancing Queen” got featured in the Recording Academy’s Grammy Hall of Fame. The band was inducted into the Rock and Roll Hall of Fame in the year 2010. ABBA was ranked eighth among the top ten best-selling singles artists with 11.2 million single sales. They were also titled as the first band from a non-English speaking country to gain popularity and remain consistent in the Global music charts. ABBA placed 20 singles in the Billboard Top 100, 14 of which made it to the top 40s.
The band was also famous for its influential lyrics, mainly written by Andersson and Bjorn. They remained on top of the charts for a significant amount of time and achieved great commercial success worldwide. They created their legacy through their influential music and their melodies.