Close Menu
  • HOME IMPROVEMENT
  • FASION BEAUTY
  • AUTO
  • FINANCE
  • OUTDOOR
  • LIFESTYLE
  • MORE+
    • ENTERTAINMENT
    • HEALTH
    • EDUCATION
    • BUSINESS
    • Gaming
    • Plant
    • TECH
What's Hot

DIY vs. Professional Cardboard Cutouts: Which Is Right for You?

April 3, 2025

AdBlue: What is it and why does your car need it?

March 31, 2025

How the Cost of Living Crisis is Reshaping Spending Habits

February 24, 2025
Facebook X (Twitter) Instagram
Subscribe
FlyAtn
Facebook X (Twitter) Instagram YouTube
  • HOME IMPROVEMENT
  • FASION BEAUTY
  • AUTO
  • FINANCE
  • OUTDOOR
  • LIFESTYLE
  • MORE+
    • ENTERTAINMENT
    • HEALTH
    • EDUCATION
    • BUSINESS
    • Gaming
    • Plant
    • TECH
FlyAtn
Home»Wealth»David Allan Coe Net Worth: From Bankruptcy to a $1.5 Million Net Worth
Wealth

David Allan Coe Net Worth: From Bankruptcy to a $1.5 Million Net Worth

By Norman HollowayMay 6, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email
david allan coe net worth
Share
Facebook Twitter Pinterest Reddit WhatsApp Email

David Allan Coe is an American songwriter, singer, and guitarist known for his contributions to the country music scene. Despite battling with the IRS and filing for bankruptcy, David Allan Coe has managed to amass a net worth of $1.5 million. In this article, we’ll take a closer look at the life and career of David Allan Coe and how he achieved his current net worth.

Early Life and Career

David Allan Coe was born in Akron, Ohio in September 1939. He was encouraged to start writing songs while serving time in prison, and he eventually moved to Nashville, Tennessee to pursue his music career. At first, he lived in a hearse and played music on the streets for tips.

In 1970, David Allan Coe released his debut album, Penitentiary Blues. He went on to release 41 studio albums throughout his career, with his latest albums Country Hit Parade and Early Years being released in 2007.

Musical Successes

David Allan Coe’s biggest hits include “The Ride”, “Mona Lisa Lost Her Smile”, “You Never Even Called Me by My Name”, “Longhaired Redneck”, and “She Used to Love Me a Lot”. He composed the #1 hit songs “Would You Lay With Me (In a Field of Stone)” which was covered by Tanya Tucker and “Take This Job and Shove It” which was covered by Johnny Paycheck.

Despite his musical successes, David Allan Coe has faced financial troubles throughout his career. He, like fellow musicians Jerry Lee Lewis and Willie Nelson, has battled the IRS at various points in his career.

Bankruptcy and Financial Troubles

In 2003, David Allan Coe revealed that all of his songs up to 1984 were sold in a bankruptcy proceeding for just $25,000. He apparently wasn’t informed that the sale was happening and therefore didn’t have the chance to bid. The IRS claimed he owed them $100,000, and after his home was destroyed in a flood and he didn’t have any records to prove his income, he chose to file for bankruptcy.

In his own words: “Nelson chose to deal with them. I chose not to. I’m totally straight with them now. The only income I have is the money I make on the road performing and from my new songs that I own.”

Despite his financial troubles, David Allan Coe has managed to maintain his musical career and continue to tour and perform.

David Allan Coe’s Net Worth

As of 2023, David Allan Coe’s net worth is estimated to be $1.5 million. This is due to his musical success, touring, and ownership of new songs. He has also authored six books, including his autobiography.

Final Thoughts

Despite financial struggles, David Allan Coe has managed to maintain a successful music career and amass a net worth of $1.5 million. His contributions to the country music scene have left a lasting impact, and he continues to tour and perform to this day.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
Previous ArticleAnitta Net Worth: The Story of Brazil’s Talented Singer
Next Article Todd Hoffman Net Worth: A Look at His Personal Life, Career, and Biography
Norman Holloway
  • Website

Related Posts

Rick Macci Net Worth: Unveiling the Financial Success of the American Tennis Coach

May 20, 2023

Heather Locklear: Exploring the Actress’s Net Worth and Career Journey

May 20, 2023

Unveiling the Success of Max Baer Jr: Exploring His Net Worth

May 20, 2023

Demi Rose Net Worth: Unveiling the British Model’s Success

May 20, 2023

Shahid Khan Net Worth: Exploring the Success of the Pakistani-Born Entrepreneur

May 19, 2023

Cristian Castro Net Worth: Unveiling the Success of the Mexican Pop Singer

May 19, 2023
Don't Miss
BUSINESS

DIY vs. Professional Cardboard Cutouts: Which Is Right for You?

By Norman HollowayApril 3, 2025

Cardboard cutouts are a fun and creative way to add personality and charm to any…

AdBlue: What is it and why does your car need it?

March 31, 2025

How the Cost of Living Crisis is Reshaping Spending Habits

February 24, 2025

How to Remove Smudges from Windows: Common Causes and Solutions

February 18, 2025
Facebook X (Twitter) Instagram Pinterest
Write For Us: info@flyatn.com

Type above and press Enter to search. Press Esc to cancel.