Peter Steele, born in 1962, kicked off his music career in the late 1970s, forming his first band, Red Dawn, while still in high school. This initial foray into the music scene was a testament to his early passion for heavy metal and hard rock, setting the stage for his future endeavors.

In 1982, Steele co-founded the iconic heavy metal band Type O Negative in Brooklyn, New York. The band’s unique blend of gothic rock, doom metal, and death metal quickly garnered attention, with their debut album “Slow, Deep and Hard” released in 1991. It was their second album, “Bloody Kisses,” that truly launched them into fame, featuring the hit single “Black No. 1” which peaked at number two on Billboard’s Mainstream Rock Tracks chart in 1993.

Peter Steele’s Net Worth in 2025

As of 2025, Peter Steele’s net worth is estimated to be around $10 million. This figure is based on the latest available information and takes into account his earnings from his music career and other ventures.

Career

Peter Steele is known for his role as the lead vocalist and bassist of the heavy metal band Type O Negative. He co-founded the band in 1989 and remained a key member until his death in 2010. Steele’s deep, baritone voice and songwriting skills were instrumental in shaping the band’s unique sound and gaining them a dedicated following.

Other Ventures

In addition to his work with Type O Negative, Steele also pursued a solo career under the name Pete Steele. He released two solo albums, “Pete Steele” in 1999 and “Crawling with the Loco” in 2005. Steele also acted in several films, including “Rock ‘n’ Roll Nightmare” and “Goodbye 20th Century.”

Assets

Steele’s assets include his record label, Steamhammer/SPV, which he co-founded in 1985. He also owned a recording studio in Brooklyn, New York, where he recorded much of Type O Negative’s material. Additionally, Steele owned a significant collection of rare vinyl records and musical equipment.

Annual Income

Steele’s annual income varied throughout his career. At the height of Type O Negative’s popularity in the late 1990s and early 2000s, the band’s tours and album sales generated millions of dollars in revenue. However, specific figures for Steele’s personal earnings are not publicly available. After his death in 2010, his estate continued to generate income from the band’s back catalog and merchandise sales.

Frequently Asked Questions about  Peter Steele

Peter Steele Net Worth FAQs

1. What was Peter Steele’s net worth?

Peter Steele’s net worth was estimated to be around $2 million at the time of his death.

2. How did Peter Steele make his money?

Peter Steele made his money primarily through his successful music career as the lead singer and bassist of the heavy metal band Type O Negative.

3. Was Peter Steele married?

No, Peter Steele was never married. He was in a relationship with a woman named Yana for many years, but they were not married.

4. Did Peter Steele have any children?

Yes, Peter Steele had one daughter named Samantha from a previous relationship.

5. What was Peter Steele’s cause of death?

Peter Steele died of heart failure on April 14, 2010, at the age of 48. He had a history of heart problems and had undergone heart surgery in 2005.

6. What was Peter Steele’s height and weight?

Peter Steele was 6 feet 8 inches (203 cm) tall and weighed around 300 pounds (136 kg) at the time of his death.

7. What was Peter Steele’s real name?

Peter Steele’s real name was Peter Ratajczyk. He changed his name to Peter Steele when he started his music career.

8. What bands was Peter Steele a part of?

Peter Steele was the lead singer and bassist of the heavy metal band Type O Negative. He was also a member of the band Carnivore in the 1980s.

9. What was Peter Steele’s most popular song?

Peter Steele’s most popular song was “Black No. 1” by Type O Negative, which was released in 1991 and became a hit on rock radio stations worldwide.

10. What happened to Type O Negative after Peter Steele’s death?

After Peter Steele’s death, the remaining members of Type O Negative decided to disband the band. They have not performed or recorded any new music since his passing.