The Lumineers Net Worth: How Much Are They Worth in 2025?

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Written By Anthony Carlo

Celebrity Rums was created by Anthony Carlo, a reporter from New York with over ten years of experience. Anthony has covered many big stories, including the George Floyd protests, Trump’s visit to North Korea in 2019, the Afghanistan withdrawal in 2021, and the Buffalo snowstorm in 2022. After years of reporting on major events, he decided to focus on his passion for celebrity news.

The Lumineers are one of the most well-known indie folk bands in the world, captivating audiences with their heartfelt lyrics and acoustic melodies.

Since their formation in 2005, they have enjoyed massive commercial success with chart-topping albums and sold-out tours. As their popularity continues to grow, many fans wonder.

What is The Lumineers’ net worth in 2025? Let’s take a deep dive into the financial success of this talented band, breaking down their earnings, album sales, streaming revenue, and individual net worths of key members like Jeremiah Fraites net worth.

Bio/Wiki

AttributeDetails
Band NameThe Lumineers
Formation Year2005
OriginDenver, Colorado, U.S. (Originally from Ramsey, New Jersey)
GenresIndie Folk, Folk Rock, Americana
Years Active2005–present
LabelsDualtone, Decca, Dine Alone
Current Members– Wesley Schultz (Lead Vocals, Guitar)
– Jeremiah Fraites (Drums, Percussion, Piano)
Past Members– Neyla Pekarek (Cello, Vocals)
– Maxwell Hughes, Ben Wahamaki, Jay Van Dyke (Past touring members)
Most Popular Songs– “Ho Hey”
– “Stubborn Love”
– “Ophelia”
Most Popular AlbumsThe Lumineers (2012)
Cleopatra (2016)
Brightside (2022)
Total Album SalesOver 10 million worldwide
YouTube Subscribers2.4 million+
Total YouTube Views1.6 billion+
Estimated Band Net Worth$10 million
Estimated Member Net Worth– Wesley Schultz: $3 million
– Jeremiah Fraites: $4 million to $5 million
– Neyla Pekarek: $5 million (during her tenure)
Most Notable Tours– World tours for “Cleopatra” and “Brightside” albums
– Iconic performances at venues like Madison Square Garden and Red Rocks Amphitheatre
Social Media– Instagram: @thelumineers
– Twitter: @thelumineers
– Facebook: The Lumineers
– YouTube: The Lumineers Official
– Website: thelumineers.com

Early Formation and Rise to Fame

The story of The Lumineers began in 2005, when Wesley Schultz and Jeremiah Fraites first started playing music together. They initially recorded demos in New Jersey before deciding to move to Denver, Colorado in 2009.

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It was in Denver that they met Neyla Pekarek, a classically trained cellist, who became an integral part of their lineup.

The band’s breakthrough came with the release of their self-titled debut album in 2012. The album quickly gained traction, peaking at No. 2 on the U.S.

Billboard 200 and being certified triple platinum in the U.S. and Canada. Songs like “Ho Hey” and “Stubborn Love” became instant hits, propelling the band into mainstream success.

The Lumineers’ ability to create heartfelt, raw music that resonated with a broad audience helped them become one of the top touring acts in the U.S., further contributing to their growing net worth.

Financial Milestones How The Lumineers Made Their Money

The Lumineers have built their fortune from a combination of album sales, touring, and online streaming. Below is a detailed breakdown of the key financial milestones in the band’s career.

Album Sales

Their debut album’s success set the stage for future financial achievements. Their second album, “Cleopatra”, released in 2016, debuted at No. 1 on the Billboard 200.

The album’s success continued to grow, making significant contributions to their wealth. The Lumineers have sold over 10 million albums worldwide, a number that continues to climb as their music gains new fans.

Touring Revenue

Live performances have been a major source of income for The Lumineers. The band is known for their energetic and passionate shows, drawing thousands of fans to their concerts.

In fact, some of their tours have grossed millions of dollars. The band’s ability to sell out venues across the U.S. and abroad has firmly established them as one of the most successful touring bands in the indie folk genre.

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Streaming and Online Revenue

With millions of streams on platforms like Spotify and Apple Music, as well as their YouTube channel with over 1.6 billion views, streaming is a crucial revenue stream for the band.

They make money both from ads and revenue-sharing deals with streaming platforms, ensuring consistent income from their catalog of music.

Other Ventures

Beyond album sales and live performances, The Lumineers have earned money from merchandising and licensing deals. Their music has been featured in films, TV shows, and commercials, which provides additional streams of income.

Individual Net Worth How Much Are The Band Members Worth?

As with many successful bands, the net worth of The Lumineers isn’t just tied to the band’s collective earnings, but also the individual fortunes of its members. Let’s break down the estimated net worths of some of the key members:

Wesley Schultz Net Worth

As the lead vocalist and guitarist, Wesley Schultz has a net worth of around $3 million. His wealth is primarily derived from his role in the band, including album sales, live performances, and streaming revenue. Wesley’s unique voice and leadership have been essential to the band’s success.

Jeremiah Fraites Net Worth

Jeremiah Fraites, the co-founder of The Lumineers and its multi-instrumentalist, has a net worth that is also significant, though a bit more difficult to pinpoint due to his private nature.

However, estimates suggest Jeremiah Fraites’ net worth falls in the range of $4 million to $5 million. Much of his wealth comes from the band’s revenue and his contributions to their music as a songwriter and instrumentalist.

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Neyla Pekarek Net Worth

Although she left the band in 2018, Neyla Pekarek still contributes to The Lumineers’ success through her time with the band and subsequent solo projects. Her net worth is estimated to be around $5 million, reflecting both her tenure with the band and her growing solo career.

The Lumineers Income Breaking Down the Numbers

To understand The Lumineers’ net worth in greater detail, let’s break down their income streams over the years.

Touring Revenue

Live concerts are a major source of income for The Lumineers. They’ve headlined sold-out shows at major venues like Madison Square Garden and Red Rocks Amphitheatre.

Their touring success continues to boost their net worth significantly, with earnings from ticket sales, merchandise, and special live event deals.

Streaming Revenue

With their YouTube channel racking up billions of views, The Lumineers earn a steady stream of income from their music being streamed online.

On platforms like Spotify, they’ve built a loyal fan base that contributes to monthly earnings. In 2024, their YouTube channel alone earned them an estimated $39K over the past 90 days.

Album Sales

Album sales are still a huge part of their income. Their most popular albums, including “The Lumineers” and “Cleopatra,” continue to sell well worldwide.

Both albums have received platinum and multi-platinum certifications, contributing millions of dollars to the band’s coffers.

The Lumineers Net Worth (Revenue, Salary)

The Lumineers’ net worth is estimated to be around $10 million as of 2025. This figure combines earnings from their extensive catalog of music, global tours, and multiple revenue streams, including streaming. Here’s a rough breakdown of their earnings:

SourceEstimated Revenue
Album Sales$6 million+
Touring Revenue$10 million+
Streaming Revenue$2 million+
Other Ventures$1 million+

FAQs

How Much Does The Lumineers Make Per 1000 Views on YouTube?

The Lumineers make approximately $1.21 per 1000 views on YouTube, which has contributed significantly to their growing revenue.

How Many Subscribers Does The Lumineers Have on YouTube?

Their YouTube channel has over 2.4 million subscribers, making it one of the most popular music channels in the indie folk genre.

What is The Lumineers’ Official Website?

For more information and to stay updated on their latest releases and tours, visit their official website: www.thelumineers.com.

What Are The Lumineers’ Most Popular Songs and Albums?

Some of their most iconic songs include “Ho Hey”, “Ophelia”, and “Cleopatra”. Their albums “The Lumineers” and “Cleopatra” remain fan favorites.

Conclusion

The Lumineers net worth continues to grow, thanks to their powerful combination of music, tours, and online presence. Their estimated net worth of $10 million reflects not only their current success but also their potential for continued growth in the future.

As they release new albums and continue to tour the world, there’s no doubt that The Lumineers will remain one of the most profitable indie folk acts in the world.

Whether you’re a long-time fan or a new listener, The Lumineers’ financial journey is just as inspiring as their music.

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