Back in the mid to late '80s, several students from the Philadelphia High School for the Creative and Performing Arts formed a singing group called Unique Attraction. This group would later evolve into the world-renowned R&B group Boyz II Men. With members Shawn Stockman, Wanya Morris, Nathan Morris, and Michael McCary, they eventually secured a deal with Motown Records, releasing their groundbreaking debut album "Cooleyhighharmony." This LP introduced the world to a new sound that beautifully blended R&B and hip-hop, setting the stage for their monumental success.
Following their debut, Boyz II Men released a string of massive hits, including "End of the Road," "I'll Make Love to You," "On Bended Knee," and the celebrated collaboration with Mariah Carey, "One Sweet Day." By 2019, the Chicago Tribune noted that they had become one of the most successful R&B acts of all time. Their ability to remain relevant and active in the music industry even in 2021, showcasing their talents through performances and television appearances, is a testament to their enduring appeal.
So, how much have they amassed over the years? According to Celebrity Net Worth, Wanya, Nathan, and Stockman each hold a staggering net worth of $60 million, while McCary, who left the group in the 2000s, is valued at $20 million. Altogether, this means that the group's total net worth is a remarkable $200 million! The question now is, how did they earn this impressive fortune? Let’s delve deeper!
| Name | Net Worth | Role in the Group |
|---|---|---|
| Wanya Morris | $60 million | Lead Singer |
| Nathan Morris | $60 million | Baritone |
| Shawn Stockman | $60 million | Tenor |
| Michael McCary | $20 million | Bass |
Boyz II Men Found Success Right Away
In the competitive world of entertainment, achieving instant success is a rarity, yet Boyz II Men beat the odds. Their breakthrough moment came when they performed for Michael Bivins of New Edition, after sneaking into a concert at the Philadelphia Civic Center. Bivins, impressed by their talent, took them under his wing as their manager, paving the way for their meteoric rise in the industry.
With the release of their debut album, "Cooleyhighharmony," in 1991, Boyz II Men quickly climbed the Billboard charts, reaching No. 3. This success led to the opportunity to tour with MC Hammer on his "2 Legit 2 Quit" tour, where they captivated audiences with their vocal prowess. This exposure not only expanded their fan base but also significantly boosted their financial standing, as the album went on to sell over 7 million copies.
No End of the Road in Sight
As Boyz II Men continued to tour and produce music, worries about a sophomore slump never materialized. The group has maintained a consistent touring schedule since the early '90s, ensuring a steady stream of income. They even had a residency at the Mirage in Las Vegas in 2013, further solidifying their status in the entertainment industry.
As of 2021, they are still actively touring and have shows booked well into 2022. Reports suggest that Boyz II Men earns between $100,000 to $200,000 per show, which translates to a substantial income when divided among the members. However, like many artists, they faced challenges during the COVID-19 pandemic, with a reported two-thirds income loss affecting their financial stability.
The Many Investments of Boyz II Men
Investing wisely has played a crucial role in the financial success of Boyz II Men. Recognizing the importance of securing their wealth, the members began investing shortly after their rise to fame. Shawn Stockman's venture into owning Beatbike, a cycling gym in Los Angeles, exemplifies their entrepreneurial spirit.
Nathan Morris showcased his investing acumen through real estate, successfully flipping properties, including a mansion he remodeled and sold for a substantial profit. This strategic approach to financial growth highlights their commitment to not only sustaining their wealth but also expanding it through smart investments.
Music Isn't Their Only Source of Income
Boyz II Men have diversified their income streams beyond music, capitalizing on their fame to explore various opportunities. Wanya Morris gained additional exposure by competing on "Dancing with the Stars," while Shawn Stockman served as a judge on "The Sing-Off." Both ventures contribute significantly to their overall earnings.
Furthermore, the group has capitalized on merchandise sales, online stores, and lucrative commercial partnerships with brands like Geico and Wendy's. Their foray into the wine business with Harmony Wine in 2020 demonstrates their ability to leverage their brand for additional profit.
The Swanky Real Estate Purchases
Throughout their careers, Boyz II Men have made some impressive real estate investments, showcasing their financial savvy. Wanya Morris owned a large property in Voorhees, New Jersey, which he purchased in 1997 and later sold for a substantial profit. Shawn Stockman opted for California's real estate market, selling a five-bedroom house for $1.5 million and relocating to a condo.
Nathan Morris has also made headlines for his real estate ventures, purchasing and flipping homes in Philadelphia. These investments not only demonstrate their financial acumen but also reflect a commitment to securing their future.
Michael McCary Had Money Drama with the Group
Michael McCary's departure from Boyz II Men in 2003 was attributed to health issues, but the full story unfolded years later during an interview. He revealed that he suffers from multiple sclerosis, which affected his ability to perform. This revelation also highlighted a rift with his former bandmates, which was exacerbated by financial disagreements over potential reunion efforts.
Despite his struggles, McCary's absence from the group meant a loss of income, as Boyz II Men continued their successful run without him. The dynamics within the group shifted, leading to conversations about financial splits that added to the tension.
The Generous Side of Boyz II Men
Beyond their impressive financial success, Boyz II Men have consistently demonstrated their commitment to philanthropy. They have collaborated with numerous charitable organizations, including Shriners Hospitals for Children and the Make-A-Wish Foundation. Their involvement speaks volumes about their character and dedication to giving back to the community.
In 2020, they contributed $110,000 to music programs in schools in their hometown of Philadelphia, reaffirming their commitment to supporting the next generation of musicians. Through their nonprofit, The BoyzIIMen House, they continue to assist various charitable organizations, ensuring their legacy extends beyond their music career.
