Have you ever wondered how much money Mike Bivins has earned over the years?
From his early days as a founding member of New Edition to his success with Bell Biv DeVoe, Mike has amassed significant wealth through his music career, business ventures, and more.
In this article, we’ll break down how he made his fortune, how he manages his finances, and the estimated value of his wealth in 2025.
Let’s dive into the financial world of Mike Bivins.
Mike Bivins Quick Facts
FACT | DETAIL |
---|---|
Real Name | Michael Lamont Bivins |
Popular Name | Mike Bivins |
Birth Date | August 10, 1968 |
Age | 56 (as of 03/13/2025) |
Birthplace | Boston, Massachusetts, USA |
Nationality | American |
Ethnicity | African American |
Education | N/A |
Marital Status | Married |
Spouse | Teasha Bivins |
Children | Savannah, Shilah, Starla, Sanaah |
Dating | N/A |
Siblings | Tanya Bivins |
Parents | Gerard and Shirley Bivins |
Height | 1.68 m |
Net Worth | $4 Million (estimated) |
Source of Wealth | Music, Business Ventures, Production |
What is the Net Worth Of Mike Bivins in 2025?
Mike Bivins’ net worth is estimated to be around $4 million in 2025. This figure is drawn from his long career in the music industry, including his time in New Edition and Bell Biv DeVoe, as well as his entrepreneurial ventures like SportyRich Enterprises and Biv 10 Records. Though Mike’s wealth may not reach the levels of other music moguls, he remains one of the most successful figures in the industry.
Some of Mike’s peers in the music business, like Bobby Brown, Ralph Tresvant, and Johnny Gill, have amassed impressive fortunes, but Mike’s steady stream of income from his music and ventures has contributed significantly to his wealth. For an in-depth look at the financial standing of celebrities like Mike Bivins, explore our section on the wealthiest celebrities here.
Notable People/Entities Linked to Mike Bivins
- Bobby Brown
- Ralph Tresvant
- Johnny Gill
- Bell Biv DeVoe
- New Edition
- Boyz II Men
- SportyRich Enterprises
- MC Brains
- Biv 10 Records
- Motown Records
Mike Bivins Wealth, Salary and Financial Overview
How Does He Make Money?
Mike Bivins has built an impressive career over the years, not just from his work as a musician, but also as an entrepreneur. Initially gaining fame as a founding member of New Edition, Mike continued to build his wealth through his side project Bell Biv DeVoe. The success of their album Poison was a milestone in his financial journey, earning him royalties, sales income, and performance fees. Over the years, Mike diversified his income sources by founding Biv 10 Records and SportyRich Enterprises, where he not only made money from music but also from his business ventures.
In addition, Mike has worked as a producer and manager, helping to launch the careers of acts like Boyz II Men and MC Brains. These diverse revenue streams have played a crucial role in his financial success.
How Much Does He Earn from Music?
As a member of New Edition and Bell Biv DeVoe, Mike Bivins earned considerable income from album sales, concert tours, and streaming royalties. Both groups were at the forefront of their respective genres, contributing to long-lasting income streams for their members.
- New Edition: With hits like Cool It Now and Candy Girl, New Edition gained worldwide success and set the stage for Mike’s financial future.
- Bell Biv DeVoe: Their album Poison helped solidify their place in the industry, and the continued popularity of their music through streaming platforms ensures steady royalties.
What Are His Business Ventures?
Mike Bivins has expanded his wealth beyond music. He founded SportyRich Enterprises, where he focuses on managing artists, producing music, and creating content for a broader audience. His label Biv 10 Records has helped launch the careers of several notable artists, generating revenue for Mike.
Through these ventures, Mike not only makes money from direct sales but also from acting as a manager, where he takes a percentage of his artists’ earnings. These business ventures reflect his long-term strategy to build wealth.
How Has His Wealth Grown Over Time?
Mike Bivins’ wealth didn’t happen overnight. His early success with New Edition and Bell Biv DeVoe laid the groundwork for his long-term financial growth. As these groups gained fame, Mike’s royalties, album sales, and concert fees increased. Over time, his transition into business ventures helped him secure a more stable income stream.
Additionally, Mike’s savvy business decisions have allowed him to maintain and grow his wealth. His ability to diversify—through SportyRich Enterprises and artist management—has kept him financially stable.
What Record Labels and Partnerships Does He Have?
Mike Bivins has worked with several major record labels over the years, including Motown Records and MCA Records. These partnerships have played an essential role in distributing his music and ensuring the success of New Edition and Bell Biv DeVoe.
As the founder of Biv 10 Records, Mike continues to influence the industry, not just through his music but through his management and business acumen. This record label has seen collaborations with various successful artists, further cementing his position in the industry.
What Assets and Investments Does He Own?
While exact details on his assets aren’t publicly available, Mike has likely invested in real estate and other business ventures. His long-term success suggests that he has made smart investments to protect and grow his wealth. His ventures in music and artist management also add to his financial portfolio, ensuring a diverse range of assets.
How Does He Manage His Finances?
Mike Bivins is known for his careful approach to managing his wealth. Through his business ventures and smart investments, he has created a financial strategy that ensures long-term growth. By balancing his music royalties with business income, Mike has built a sustainable financial future.
Conclusion
Mike Bivins’ journey to financial success is a testament to his entrepreneurial spirit and long-lasting impact on the music industry.
From his roots in New Edition to his ventures with Bell Biv DeVoe and SportyRich Enterprises, Mike has shown that diversification and smart business decisions can lead to sustained wealth.
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