Tom Scholz Net Worth
Tom Scholz is a renowned Rock Singer. Currently, he lives in Boston, Massachusetts. He is a member of Greenpeace, a vegetarian and has been awarded several awards for his environmental work. He is also a successful entrepreneur, inventor and has made millions of dollars. Among the many sources of his wealth are his record production and recording equipment, the Rockman brand, his music, his car and his philanthropy. His net worth is estimated at $120 million.
Initially, Tom Scholz worked for Polaroid Corporation, where he was a senior product design engineer. While working at the company, he started to produce demos for various recording companies. As his career grew, he was able to attract Epic Records, which became his primary recording label. However, the company got into legal trouble with him after a 1978 album. But the company eventually signed Scholz.
In the early 1970s, Scholz designed a recording studio in his apartment. The resulting work was called “Hitch a Ride,” which became his greatest work. It was a four-time platinum hit in the United States.
Aside from being a musician, Scholz is a songwriter and an engineer. He has invented a portable guitar amplifier that is known as the Rockman. And he has created the DTS Charitable Foundation, which supports animal protection and stopping world hunger. Most of his time and money is spent on charitable causes.
As a child, Scholz studied classical piano and model airplanes. He also built go-karts and was interested in engineering. After high school, he attended the Massachusetts Institute of Technology, where he earned a bachelor’s degree and a master’s degree in mechanical engineering. At MIT, he also began writing songs.
When Tom Scholz was a teenager, he joined a varsity basketball team. At that time, he had an acquaintance with Carlos Santana. Eventually, he met Brian May and Eric Clapton. He also became acquainted with David Gilmour. But, Scholz didn’t enjoy performing, and he didn’t like the process. Thus, he decided to pursue his interest in music.
As a guitarist, Scholz was a bandmate of the famous band, Boston. Together with Brad Delp, they formed a band that released several albums. They were the last original members left in the group. But, the band broke up in 1990. During that time, Scholz was in the process of making a fourth studio album. That album was recorded using Scholz’s inventions.
As an innovator and entrepreneur, Scholz also created his own company, Scholz Designs. Today, it has become the most well-known company in the market. Several of his inventions are sold under the Rockman brand, including a portable amplifier and a recording studio. These products have raised millions of dollars for charities. Among the projects that the foundation has supported are animal rescues, food banks, and homeless shelters.
Tom Scholz has become an influential figure in the music industry. Some of his biggest hits include “Hitch a Ride,” “Amazing Grace,” and “Fly Me to the Moon.” He has earned several patents. Moreover, he has been a devoted vegetarian for more than 30 years.