The singer, author, and entrepreneur built an enormous business empire valued at several hundred million dollars.
Singer, author, and entrepreneur Jimmy Buffett died on Friday at age 76, leaving a legacy of relaxed vibes and good living. His financial legacy looms just as large.
Of that $1 billion, just 5% comes from Buffett’s music catalog, which includes the hits “Margaritaville,” “Son of a Son of a Sailor,” and “Cheeseburger in Paradise.” Another 56.8% is in cash, which would likely include proceeds from Buffett’s tours, merchandise, musicals, and other public appearances.
Newsletter Sign-up Of the remainder of Buffett’s fortune, the largest chunk, making up 18%, is in the business Margaritaville Holdings. The holding company has a wide array of businesses. People can own Margaritaville-themed condominiums, stay at Margaritaville resorts, and even move into Margaritaville retirement communities—advertised as for the “55 and better” crowd. There’s also the Air Margaritaville restaurant chain, which can be found in airports from Detroit, Mich., to San Juan, Puerto Rico. Margaritaville at Sea cruises people around from Palm Beach, Fla., to the Bahamas.
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