When it comes to legendary country music figures, Jerry Reed remains a name that stands out. Not only was he a gifted guitarist and singer, but he also made a significant impact as an actor.
With hits like Guitar Man and East Bound and Down, his influence on music and entertainment is undeniable.
But how did he accumulate his wealth? What were his top-earning projects? And how did his financial journey compare to other country stars? Let’s take a deep dive into Jerry Reed net worth, salary, and financial success.
Jerry Reed Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Jerry Reed Hubbard |
| Popular Name | Jerry Reed |
| Birth Date | March 20, 1937 |
| Age (as of 02/24/2025) | Would be 71 (Died: September 1, 2008 ) |
| Birthplace | Atlanta, Georgia, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | O’Keefe High School |
| Marital Status | Married |
| Spouse | Priscilla Mitchell (m. 1959–2008) |
| Children | Charlotte Elaine Reed Stewart,Seidina Ann Reed Hinesley |
| Dating | N/A |
| Siblings | 2 |
| Parents | Robert Hubbard, Cynthia Hubbard |
| Height | 1.84 meters |
| Net Worth | $2 million (at time of death) |
| Source of Wealth | Music, Acting, Songwriting, Royalties |
What is the Net Worth Of Jerry Reed in 2025?
As of 2025, Jerry Reed’s net worth remains at an estimated $2 million. While this might seem modest compared to modern country stars, it’s important to remember that Reed’s career peaked in the 1970s and 80s, long before today’s massive music industry payouts.
Compared to contemporaries like Chet Atkins and Waylon Jennings, Reed’s financial standing was solid, thanks to his diverse revenue streams.
His success in music, songwriting royalties, and acting helped him maintain his fortune.
Notable Figures Connected to Jerry Reed:
- Chet Atkins
- Waylon Jennings
- Brenda Lee
- Elvis Presley
- Bobby Bare
- Roy Drusky
- RCA Records
- Country Music Hall of Fame
- Musicians Hall of Fame
- Nashville Sounds
For more insights on country music millionaires, check out this list of the wealthiest celebrities in entertainment.
Jerry Reed Wealth, Salary, and Financial Overview
How Did He Make His Money?
Jerry Reed’s income sources were diverse, spanning music, film, and investments. His career took off in the late 1950s when he started as a songwriter.
Elvis Presley recorded Reed’s song Guitar Man, which brought in steady royalties.
As a musician, Reed was not only a singer but a master guitarist. He was one of only four artists to receive the title of “Certified Guitar Player” from Chet Atkins, a rare honor that reflected his skill.
His biggest hit, When You’re Hot, You’re Hot, won a Grammy and topped the country charts, further boosting his earnings.
What Was His Salary from Music and Acting?
Jerry Reed’s salary varied depending on the era. During his peak in the 1970s and 80s, top country artists could make substantial sums through album sales, concert tours, and radio royalties.
His major financial boost came when he transitioned into acting. Starring alongside Burt Reynolds in Smokey and the Bandit and appearing in The Waterboy added to his income.
What Were His Business Ventures and Investments?
Beyond music and movies, Reed was also a businessman. He was an early investor in the Nashville Sounds, a minor league baseball team.
While details on other investments are scarce, it’s clear that he had an entrepreneurial mindset.
What Assets and Properties Did He Own?
While there’s no public information on his real estate holdings, Reed likely owned properties in Nashville, Tennessee, where he spent much of his career.
His music catalog, including songwriting royalties from songs covered by Elvis Presley and Johnny Cash, also formed a valuable asset.
What Were His Most Lucrative Songs and Albums?
Some of Jerry Reed’s highest-earning songs include:
- “When You’re Hot, You’re Hot” – Grammy-winning hit
- “East Bound and Down” – Smokey and the Bandit theme song
- “Amos Moses” – Crossover country-pop success
- “She Got the Goldmine (I Got the Shaft)” – Major chart hit
- “A Thing Called Love” – Covered by Johnny Cash
How Did His Wealth Change Over Time?
Reed’s financial success peaked in the 1970s and 80s. His income from music and acting kept him financially comfortable, but he never reached the level of extreme wealth that some modern country stars achieve today.
Did He Face Any Financial Challenges?
There is no public record of Reed facing major financial struggles. However, like many artists of his time, changes in the industry likely affected his revenue in later years.
Conclusion
Jerry Reed was more than just a musician—he was a country legend, actor, and businessman. His financial success came from a mix of music royalties, film salaries, and smart investments. Though his net worth may not have reached superstar levels, his impact on the entertainment industry is priceless.
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