New Edition is an American music group based in the United States of America. This group majorly focuses on R&B type of songs. The group became a household name in the 1980s. The group was majorly composed of men. Majority of their fans were young ladies and women of older age. The engine power of this R&B group was Michael Bivins. He planned everything for the group. From the small detail of wardrobes to stage appearances and much more. Now let’s have a close look on New Edition’s net worth in 2020.
New edition was created in Boston, Massachusetts, in the United States of America. The group was formed in the year 1978.
The group majorly composed of male members. The names of the members were Ricky Bell, Michael Bivins, Bobby Brown, and Ronnie DeVoe and Ralph Tresvant. The group started with five members before they signed out Bobby Brown.
However, the group went ahead with their activities until they eventually recruited another member to fill the gap of Bobby Brown. The group recruited Johnny Gill as their new member.
The group has gone through a series of breakup and reunion. Every time they come together, their fans are always elated as they expect better music every time.
New Edition officially kick-started their career in the year 1978. Their first hits in their career included ‘Candy Girl,’ ‘Cool It Now’ and ‘Mr. Telephone Man’. In the year 1985, Brown resigned from the group and decided to concentrate his career as a solo artist fully.
In the year 1988, together with their member by the name of Johnny Gill, they released a new album titled ‘Heart Break.’ In the year 1990, the group broke up, and each member decided to concentrate on solo careers fully. Among the members who had very successful solo careers included Bell Biv DeVoe, Gill, and Tresvant.
In the year 1996, all the members reunited. That made the group to have six members. They agreed to record their sixth album which they named ‘Home Again.’ They decided after the album was complete, they would embark on a tour to promote their album. However, the tour was not successful as two members pulled out. The members who pulled out were Bobby Brown and Michael Bivins. They did quit the group. That made the tour to be cancelled.
Their last album together again happened in the year 2004. The album was entitled ‘One Love.’
In the year 2011, a reunion of the members happened. The main aim of the reunion was to mark the 30th anniversary of the ‘Candy Girl.’ It is in the same year that the members announced that they would reunite to release another album. They also announced that after recording, they would embark on a tour. This announced were made through their official website.
Awards and Achievements
New edition has won various awards as a group. Among the most notable awards include American Music Awards for Favorite Soul/R&B Band/ Duo/Group. In the year 1989, they won the Soul Train Award for the Best R&B/Urban Contemporary Album of the Year. Also, in the year 1997 for the Best R&B/Soul Album. In the year 2016, they were awarded the Soul Train Lifetime Achievement Award. In the year 2017, they have gifted a Lifetime Achievement Award at the 2017 BET Awards.
Net worthy of New Edition
New edition has a combined net worth of $75.5 million. This net worth has further been broken down into each member. The following are the specific details of the net worth of each member: Mike Bivins ($40 million). Also, Ricky Bell ($15 million), Ralph Tresvant ($8 million), and Johnny Gill ($10 million), Bobby Brown ($2 million) and Ronnie Devoe ($500 thousand). The main source of their income has mainly been generated from music.
New edition despite the much controversy that has stormed the band, they have reasonably been a success whether judged individually or together as one. The group has been taken advantage by many label records, and much money has been taken away from them. It is an interest of many people to see what they will produce once they come together.