Art Rupe was an American record producer and one of the most successful in the history of recorded music. He was a philanthropist and was inducted into the Rock and Roll Hall of Fame. His estimated net worth was $3 to $5 million in 2010. However, the exact amount has not been revealed to the public.
In addition to being a record producer, Rupe was also a philanthropist and a document producer. Aside from his work in the entertainment industry, he served in World War II, working on the Liberty ships. When the war ended, Rupe started a record label. It was called Specialty Records. The label was known for its gospel and rhythmic music.
He was also a tycoon, investing in oil and gas production in the early 1950s. This led to the founding of a tycoon firm, Arthur N. Rupe and Associates, in Marietta, Ohio, and to the Arthur N. Rupe Foundation in Santa Barbara.
In his day, Rupe had music deals with some of the world’s largest companies. For instance, he was the first to release a hit in the form of a record, with the Sepia Tones’ ‘Boogie No. 1’, which sold 70,000 copies.
At the time of his death, Rupe was a rich man, whose net worth was reported to be around $5 million. Unfortunately, there is no definitive number on how much he was worth, because his personal life was private. Some web sites have listed his net worth, but none have a complete list.
While he is no longer with us, his family mourns his passing. Among those surviving are his daughter, Beverly Rupe Schwarz and her husband, Leo Schwarz. They have three grandchildren. And a step grandson. Despite his age, Art Rupe has been a part of the entertainment industry for more than a century.
One of his most famous records was “Tutti Frutti,” a song with a melody that has been considered the best rowdy tune ever recorded. As the title suggests, Rupe dug the song out of a rejected tape.
Not content with his success as a record producer, Rupe also managed to create his own label, Speacility Records. He worked with Roy Milton, Percy Mayfield, and Jimmy Liggins, among others. The music he produced is largely considered to be the foundation of R’n’B.
Although his record producing career is over, Art Rupe left a huge impact on the entertainment industry. He founded a successful label that has since been sold to Fantasy Records. Also, he helped found Juke Box Records, which had a national hit with the RM Blues by Roy Milton.
Despite his successes, Rupe had his share of hiccups. In his later years, he had to deal with a lawsuit from a former employee. He was forced to stop performing on the American Bandstand in 1957. Other missteps include paying his artists incredibly low royalties.
Art Rupe died on April 15, 2022, in Santa Barbara, California, USA. The cause of his death is unknown.