Mike Bivins has become a household name thanks to his contributions to the music industry, particularly as a founding member of Bell Biv DeVoe.
But beyond the music, Mike Bivins net worth reflects the success he has achieved as a producer, manager, and entrepreneur.
As the CEO of Sportyrich Enterprises, Bivins continues to make moves that solidify his position in the music world and beyond.
Let’s dive deeper into how Mike Bivins built his empire and what he’s achieved over the years. Stay tuned with Andomoney to explore his financial journey.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Michael Lamont Bivins |
| Popular Name | Mike Bivins |
| Gender | Male |
| Birth Date | August 10, 1968 |
| Age | 56 (as of 2024) |
| Parents | Gerard Bivins, Shirley Bivins |
| Siblings | Tanya Bivins |
| Birthplace | Boston, Massachusetts, U.S. |
| Nationality | American |
| Ethnicity | African-American |
| Education | N/A |
| Marital Status | Married |
| Spouse | Teasha Bivins (m. 2006) |
| Children | Savannah, Shilah, Starla, Sanaah |
| Dating | N/A |
| Net Worth | $4 million |
| Source of Wealth | Music, Business (Sportyrich Enterprises) |
| Height | 5 ft 6 in (1.68 m) |
What is the Net Worth Of Mike Bivins in 2024?
As of 2024, Mike Bivins’ net worth is estimated to be around $4 million.
His wealth stems not only from his success as a member of Bell Biv DeVoe and New Edition but also from his entrepreneurial endeavors, including his record label and business ventures.
When we compare Bivins’ net worth to other influential figures in the music industry, it places him in a competitive yet modest range.
Here are several names related to his career that you might find interesting:
- Bobby Brown
- Ricky Bell
- Ronnie DeVoe
- Boyz II Men
- Maurice Starr
- Motown Records
- Teasha Bivins
- Biv 10 Records
- MC Brains
If you’re interested in learning more about influential figures in rap and their wealth, you can explore the richest rappers on Andomoney.
Mike Bivins Salary and Finance Overview
How He Achieved Success with New Edition
Mike Bivins first made a name for himself as a founding member of New Edition. The group, formed in 1978, hit the charts with tracks like Candy Girl and Cool It Now, propelling them to stardom.
Bivins’ role in the group was pivotal, both as a performer and as a leader, ensuring the band stayed at the forefront of the music scene throughout the 1980s.
The popularity of New Edition also paved the way for pop groups like Backstreet Boys, proving Bivins’ influence was far-reaching.
Key Contributions to Bell Biv DeVoe’s Success
After New Edition’s split, Bivins formed Bell Biv DeVoe with Ricky Bell and Ronnie DeVoe.
Their debut album, Poison, sold over 4 million copies and peaked at number five on the Billboard 200 charts. The fusion of R&B and hip hop into the new jack swing sound was revolutionary.
As part of Bell Biv DeVoe, Bivins didn’t just contribute vocally—he was deeply involved in shaping the group’s image and musical direction. The success of this group significantly boosted his financial standing.
His Role as a Music Producer and Manager
Beyond performing, Bivins established himself as a successful producer and manager. He founded Biv 10 Records, where he discovered and signed notable acts like Boyz II Men and 702.
His management skills played a key role in shaping their careers, further expanding his wealth through royalties and production credits.
Bivins’ ability to identify talent and his influence within the R&B industry cemented his reputation as a mogul in the music business.
His Influence on the Music Industry and Cultural Legacy
Mike Bivins’ influence goes beyond his performances. He’s often credited with contributing to the rise of new jack swing, a genre that fused R&B with hip hop, creating a fresh sound in the early 90s.
His involvement in projects like The New Edition Story on BET, which brought New Edition’s legacy to a new generation, showcases his lasting impact.
As a producer, actor, and cultural icon, Bivins continues to contribute to the evolution of R&B and hip hop.
His Entrepreneurial Ventures Beyond Music
Bivins’ entrepreneurial journey didn’t stop with music. He is the CEO of Sportyrich Enterprises, a company that has expanded into fashion and lifestyle ventures.
Additionally, his wife, Teasha Bivins, heads Bivins Realty Group, a real estate business. These ventures have diversified his income streams, ensuring that his financial portfolio is as dynamic as his music career.
Personal Life and Family as a Foundation
In 2006, Mike Bivins married Teasha Bivins, a real estate entrepreneur. Together, they have four daughters—Savannah, Shilah, Starla, and Sanaah.
Family plays a crucial role in his life, and his relationship with Teasha has provided him with stability and support throughout his career.
Significant Career Milestones and Awards
Throughout his career, Bivins has achieved multiple milestones. From his early success with New Edition to his entrepreneurial ventures with Biv 10 Records, each step of his career showcases growth and adaptability.
Although specific awards aren’t often highlighted, his influence on acts like Boyz II Men and his continued contributions to the music industry speak volumes about his impact.
FAQs about Mike Bivins
How did he get started in the music industry?
He started in the music industry as a founding member of New Edition, a group that debuted in 1978.
What other ventures is he involved in?
He is the CEO of Sportyrich Enterprises and his wife runs Bivins Realty Group.
How many children does Mike Bivins have?
He has four daughters: Savannah, Shilah, Starla, and Sanaah.
What genre of music is he known for?
He is known for new jack swing, a fusion of R&B and hip hop.
Who has Mike Bivins managed in the music industry?
He has managed acts like Boyz II Men, Another Bad Creation, and 702.
What impact has he had on hip hop and R&B?
He helped pioneer new jack swing, influencing both hip hop and R&B.
Is Mike Bivins still active in the music industry today?
Yes, he continues to be active as a producer, manager, and entrepreneur.
Conclusion
Mike Bivins’ career has been a journey of success, innovation, and influence. From his beginnings with New Edition to his ventures beyond music, he continues to leave a lasting mark. To explore more about his journey and net worth, visit andomoney.com for more insightful content.
