The Beatles - An Incredible Success
Story & The Biggest Mistake
In Music History

In spite of the fact 2 out of 4 of the Beatles band member have already passed away, their names still continue to create waves in the music industry. John Lennon, who died in 1980, has a net worth of $800 million today. George Harrison, who died some 13 years ago, has a net worth of $400 million.

Paul McCartney, who has created a great number of the Beatles songs (a lot of them with Lennon) has a net worth of $1.1 billion, while Ringo Starr has $300 million.  Both are now in their 70s but are still very much active in the biz, what with the band celebrating their 50th year on 2014. 

How It All Began

It was in 1957 when John Lennon formed a band which he called the Black Jacks. It was later on changed to The Quarrymen. It was in the St. Peter's Church garden fete that Lennon and McCartney first met, when the Quarrymen played at the event. After 2 weeks, in July 20 to be exact, McCartney was invited to join the band. 

In February 1958, Harrison meets the Quarrymen and was also invited to join the band, despite being considerably younger than most of them. 

That same year in July, Lennon's mother was killed in a car crash, and he was devastated. He had always had a close relationship with her even if he grew up in his aunt's house. 

Years passed and the Quarrymen became regulars in the scene, despite not having a drummer. In 1959, one of their band mates, Ken Brown, left the band for good, and there were just the three of them. A year later, they changed their band name to The Silver Beetles. All this happened between auditions and gigs and studio recordings of songs both original and covers from their favorite artists. 

Mind you, not all their auditions were a success. There was a great number of disappointments too, despite already being a frequent act in clubs around the country. 

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It was in August 1960 that the Silver Beetles finally became 'The Beatles,' and it wasn't until after 2 drummers that Ringo Starr (Original Name: Richard Starkey) became part of the picture in 1962. He filled in for their Pete Best, who was ill at that time. By this time, they already have their own manager, Brian Epstein, also an Englishman, and is a known presence in the music business. He was the one who asked Starr to join the band permanently. 

paul mccartney and wifeSir Paul McCartney and wife Nancy Shevell

And Then There Were 4 Of Them: John, Paul, George, and Ringo.

With the Fab Four already together, success became more apparent. It was hard to believe that a few days after that, John Lennon got married to his then girlfriend, Cynthia. A few more days after that, they had their first ever recording session they had at the Abbey Road Studios. One of their most famous songs, “Love Me Do,” was recorded that day. 

The Beatles also recorded “Please Please Me” and “P. S. I Love You” in the same studio, and everything after that, as they say, all became part of history. 

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The first ever song that entered the UK Singles Chart was “Love Me Do” in October 1962. The following year, they recorded and released hit after hit after hit. It was, in simpler words, the beginning of their “British Invasion.” However, it was also the same year that their songs were hindered from being released by Capitol Records, the American Subsidiary of EMI, which handles their music. 

It was a series of arguments and legal issues regarding publishing rights and royalties. It wasn't until the end of 1963 that the Beatles' records were first played in the American airwaves, through the support of Carrol James and a $40,000 marketing campaign. By mid-January, “I Want To Hold Your Hand” sold over 1,000,000 copies. It became their very 1st number 1 hit in the country.

That, if anything, solidified their fame even more. In February 7 1964, the Beatles left the UK to perform in the US. They were met by thousands of screaming fans at the John F. Kennedy Airport in New York. The band performed at the Ed Sullivan Show, their very 1st television performance in the US. It was reported that more than 73 million people watched their performance that night, approximately 34% of the population. Beatlemania was a certified success.

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Their musical career as a band was marred by numerous controversies, both within the band and with other people. This eventually led to their breakup. But it's a known fact that the Beatles friendship, have lived on despite their differences. 

ringo starrRingo Starr, one of the remaining two Beatles member who are still with us

The Beatles Legend

It's the Beatles love for music that brought them together—but it was their perseverance and their deep respect towards each other that have made them stay together all those years. They may have broken up eventually, but their legend still lives on, and will forever live on, even to the next century.

Lessons and Inspiration From The Beatles

If you are feeling down and defeated in life perhaps you should take some lessons and inspiration from the success of Beatles. It wasn’t easy though. The Beatles also faced rejection. I think we all remember this quote:

"Guitar groups are on the way out" Dekka Records said this to the Beatles when they rejected them

This decision was considered the biggest mistakes in music History.

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)