Randy Jackson’s net worth as of 2023 is approximately $50 million. He is a United States singer who served as a reality TV judge.
Despite being a talented musician, Jackson is likely better recognized for his time as a judge on the reality TV program “American Idol.”
Jackson has a distinguished background as a studio musician outside reality tv, having collaborated with notable bands throughout his bass guitar career.
He represents Journey’s bassist as of the year 2020. In addition to performing and judging, Randy is a professional musician.
Randy has experience as a tv executive director. Randy Jackson also presents the radio top 40 countdown show “Randy Jackson’s Hit List.”
Career
Jackson’s career as a studio bass guitarist for bands such as Taxxi and musicians including Jean-Luc Ponty and Carlos Santana began in the 1980s.
He performed with Journey from 1986 to 1987, working with them in the band as they made the record “Raised on Radio.”
He worked with Zucchero, a popular singer, when he relocated to Italy. He also performed with Billy Cobham at this time.
Jackson gathered an all-star band in the middle of the 1980s to record the soundtrack for the movie “Jumpin’ Jack Flash.”
Aretha Franklin and Keith Richards were a part of the ensemble.
Randy appeared on Maze’s “Silly Soul” and Steve Lukather’s debut solo album at the end of the 1980s.
He also collaborated with records by Tracy Chapman, Bruce Springsteen, the Divinyls, Kenny G, and others.
Randy Jackson has collaborated as a composer with well-known musicians, such as Mariah Carey.
He issued “Randy Jackson’s Music Club, Vol. 1” in 2008. Jackson entirely produced the record.
He has made music for many American Idol finalists, notably Kimberley Locke.
Randy Jackson initially appeared as a judge on “American Idol” in 2002. He ultimately became the sole judge from the initial panel.
In 2014, Jackson eventually resigned from the show, claiming a desire to concentrate on other business initiatives.
“America’s Best Dance Crew,” a spinoff series, was created by him. Due to low ratings, the series was terminated in 2010 after its 2008 premiere.
Earnings From American Idol
Jackson received a salary of $10 million for his first year serving as a judge on “American Idol.”
That figure grew with the series’ success, and Jackson was likely making significantly more by his departure in 2014.
According to reports, Randy Jackson earned $30 million annually.
Real Estate
According to rumors, Randy Jackson sold a Los Angeles home for $1.9 million in 2014.
The 5,878 square foot home, built around 1990 and has Spanish architectural characteristics, also has a guest room, a pool, and a spa.
He paid $2.725 million for the house when he first bought it in 2005.
Randy Jackson first advertised the house for $2.199 million, indicating that he was clear from the beginning that he’d make a loss on the transaction.
He ultimately accepted an $825,000 loss when he sold the property.
