Yngwie Malmsteen Net Worth - Pulptastic

What Is Yngwie Malmsteen Net Worth?

Yngwie Malmsteen, the Swedish heavy metal guitar virtuoso, has a net worth of $5 million. Despite not having as high of a net worth as other rock stars, Malmsteen is considered the top artist in his field and a true rock master. He has been in the music industry for over 40 years and has released 22 albums. Malmsteen still performs live and continues to release successful studio and compilation albums today.

Early Life and Musical Influences

Yngwie Malmsteen, born Lars Johan Yngve Lannerback in Stockholm Sweden on June 30, 1963, was raised in a musical family with two siblings. He formed his first band, Track on Earth, at age ten. At age 12, he added an extra “e” to his mother’s maiden name, changing his last name to Malmsten. As a teenager, Malmsteen was heavily influenced by classical music and studied composers like Niccolo Paganini and Bach. He has cited Ritchie Blackmore as his most important guitar influence.

Yngwie Malmsteen’s Career

Yngwie Malmsteen’s career began after he saw a TV news report of the death of Jimi Hendrix in 1970. He was heavily influenced by images of Hendrix smashing and burning his guitar in 1967 at the Monterey Pop Festival. In 1982, he was brought to the U.S. by Mike Varney of Shrapnel Records. Malmsteen played with various bands before releasing his first solo album, “Rising Force,” in 1984. His neoclassical, highly virtuosic style of guitar playing became popular in Europe and Asia after his style of “shredding” guitar solos had grown unfashionable in the United States. He released a total of 20 solo albums, including “Unleash the Fury” in 2005 and “Blue Lightning” in 2019. He also made appearances on other musicians’ albums and was named one of the 10 best electric guitar players of all time by Time magazine in 2009.

Marriage and Family

Yngwie Malmsteen has been married three times in his life. He was first married to Swedish singer Erika Norberg from 1991 to 1992. His second marriage was to Amber Dawn Landin from 1993 to 1998. Since 1999, Malmsteen has been married to April Malmsteen and they currently reside in Miami Shores, Florida with their son Antonio.

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