Glenn Frey Net Worth: Eagles Guitarist Passes Away Leaving Millions

Glenn Frey, one of the founding members and guitarist of the rock band the Eagles, passed away at the age of 67, leaving an estimated net worth of $90 million.

A publicist for the band confirmed the death of the star on the band’s official website.

“Glenn fought a courageous battle for the past several weeks but, sadly, succumbed to complications from rheumatoid arthritis, acute ulcerative colitis and pneumonia,” says the same post.

Frey, who suffered from intestinal issues, died in New York City on Monday. This was a major reason for the postponement of the band’s inclusion in the 2015 Kennedy Center Honors.

Frey, together with original band members Don Henley, Bernie Leadon, and Randy Meisner, got together and formed a backup band for singer Linda Ronstadt in the early 1970s.

“We are all in a state of shock, disbelief and profound sorrow,” Henley said in a statement Monday.

“I’m not sure I believe in fate, but I know that crossing paths with Glenn Lewis Frey in 1970 changed my life forever, and it eventually had an impact on the lives of millions of other people all over the planet.”

“It will be very strange going forward in a world without him in it,” Henley added. “But, I will be grateful, every day, that he was in my life. Rest in peace, my brother. You did what you set out to do, and then some.”

The Eagles are considered one of the most successful bands in the world, having reached their prominence in the 1970s with their multiple hit singles like “Hotel California” in 1976. Glenn Frey co-wrote the song with Don Felder and Henley, and he also composed several other hit singles like “Lyin’ Eyes” and “Heartache Tonight”.

“It boggles the mind somewhat,” Frey told Rolling Stone in 2012. “But as long as I keep taking out the garbage and cleaning up after the dogs and taking the kids to school, I’ll have perspective.”

The rock band sold over 150 million albums worldwide, with “Hotel California” being their best-selling hit in history. They were also inducted into the Rock and Roll Hall of Fame in 1998.

Several musicians posted tributes to Glenn Frey on social media in honor of the icon.

Glenn Frey played different musical instruments and was mostly in guitar and keyword while also taking lead vocal duties several times for songs like “Tequila Sunrise” and “Take it Easy.”

“Another thing that interests me about the Eagles is that I hate them,” wrote rock critic Robert Christgau in 1972 when the rock band composed their first big hit.

The band had several internal problems and they all broke up in 1980. However, Frey’s ability to be a maverick in music and his gift for melody and musical sensibilities put him as a legend today.

“He was like a brother to me,” Henley said. “We were family, and like most families, there was some dysfunction. But, the bond we forged 45 years ago was never broken, even during the 14 years that the Eagles were dissolved.”

The band got together again for 1994’s “Hell Freezes Over” tour, where they went on to perform an MTV special and a live album. Frey continued to perform and progress the legacy of the band as a hugely popular touring act.

[Photo by Rick Diamond/Getty Images]