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Who Is the Richest Member of New Edition and How Did He Achieve It?

New Edition

New Edition is a legendary R&B group that has left an indelible mark on the music industry. All of its members are very well known and they had exceptional careers. But what about their net worth?

New Edition Members’ Net Worth

New Edition comprises talented artists, each contributing significantly to the group’s success and amassing their wealth.

Michael Bivins

Michael Bivins

Michael Bivins, with a net worth of $40 million, is the wealthiest member of New Edition. Born on August 10, 1968, in Boston, Massachusetts, Bivins showed an early interest in music.

His career began in earnest when he co-founded New Edition in 1978.

The group gained significant traction in the early 1980s, quickly becoming one of the most influential R&B acts of the decade.

Achievements and Contributions

Michael Bivins’ contributions to New Edition were instrumental in the group’s formation and continued success.

New Edition’s debut album, “Candy Girl,” released in 1983, set the stage for their rise to fame.

Bivins co-founded Bell Biv DeVoe (BBD) with:

  • Ricky Bell
  • Ronnie DeVoe

BBD’s debut album, “Poison,” released in 1990, was a groundbreaking success, blending hip-hop and R&B in a way that had not been done before.

The album sold millions of copies and produced hits like:

New Edition’s major albums, including “Heart Break” and “Home Again,” achieved significant commercial success, with multiple certifications from the RIAA.

Bivins’ influence extended to these projects, as he helped steer the group’s musical direction.

His ability to innovate and adapt to changing musical landscapes ensured that both New Edition and BBD remained relevant and successful over the decades.

Bivins’ career highlights the importance of versatility and innovation in achieving lasting success in the music industry.

Entrepreneurial Ventures

Michael Bivins’ entrepreneurial spirit is evident through his founding of Biv 10 Records, a label that played a crucial role in the careers of several successful acts.

Under his guidance, Biv 10 Records signed and managed Boyz II Men, one of the most successful R&B groups of all time.

Their debut album, “Cooleyhighharmony,” produced multiple hits and won several awards, solidifying Bivins’ reputation as a savvy businessman.

In addition to Boyz II Men, Bivins discovered and managed other successful acts like:

His role as a mentor and manager showcased his understanding of the music industry’s intricacies.