Bruce Springsteen is shutting down the buzz around his bank account, saying the billionaire label just doesn’t fit. Forbes recently pegged his net worth over $1.1 billion, but Springsteen told The Telegraph: “I’m not a billionaire. I wish I was, but they got that real wrong.” Despite a $500 million music catalog sale in 2021 and a $379.5 million tour with the E Street Band this year, The Boss admits he’s spent too much money on superfluous things, trimming down his fortune. On top of that, Springsteen noted that he makes sure to fairly compensate those he makes music with. “I pay a tremendous amount of money to my band,” he shared, claiming it's a key to his success.