Peter Hook, born in Manchester, England, began his musical journey in the late 1970s, initially playing bass in a local band called Warsaw. It was this group that would later evolve into the iconic post-punk band, Joy Division. Hook’s distinctive bass style, characterized by its deep, melodic lines, became a defining feature of the band’s sound. Joy Division’s debut album, “Unknown Pleasures,” released in 1979, garnered critical acclaim and launched Hook into the public eye.

Following the tragic passing of Joy Division’s lead singer, Ian Curtis, in 1980, the remaining members, including Hook, formed a new band called New Order. This group went on to become one of the most influential bands of the 1980s, blending elements of post-punk, disco, and electronic music. Hook’s bass playing remained a central component of New Order’s sound, with tracks like “Blue Monday” and “Bizarre Love Triangle” showcasing his versatility and innovation.

Peter Hook’s Current Net Worth (2025)

As of 2025, Peter Hook’s estimated net worth stands at $30 million. This substantial figure is a testament to his successful music career and various entrepreneurial ventures.

Career

Peter Hook, born Peter Woodhead, is an English musician and DJ, best known as the bassist and co-founder of the iconic bands Joy Division and New Order. He played a pivotal role in shaping the post-punk and alternative rock landscapes of the late 20th century. After leaving New Order in 2007, he formed the band Freebass and later, The Light, which focuses on performing the works of Joy Division and New Order.

Other Ventures

Beyond his music career, Hook has ventured into various other businesses. He opened the Factory nightclub in Manchester, named after the legendary Factory Records label. He also launched a clothing line, ‘Hooky & Co’, and a record label, ‘Hacienda Records’. Additionally, he’s written two books, ‘Unknown Pleasures: Inside Joy Division’ and ‘Substance: Inside New Order’.

Assets

Peter Hook’s assets include a substantial music catalog, which generates royalties from his work with Joy Division and New Order. He also owns a number of properties, including a house in Manchester and a holiday home in Spain. His collection of vintage instruments and music memorabilia is also a significant asset.

Annual Income

As of 2025, Peter Hook’s annual income is estimated to be around $2 million. This includes earnings from touring with The Light, royalties from his music catalog, and profits from his various business ventures. His income has seen a steady increase over the years, reflecting his continued success in the music industry and beyond.

Frequently Asked Questions about  Peter Hook

Peter Hook Net Worth FAQs

1. What is Peter Hook’s net worth?

Peter Hook’s net worth is estimated to be around $50 million.

2. How did Peter Hook make his money?

Peter Hook made his fortune primarily through his music career. He is a co-founder and bassist of the iconic English rock band Joy Division and New Order.

3. What bands has Peter Hook been a part of?

Peter Hook is best known for being a co-founder and bassist of Joy Division and New Order. He has also been a part of other bands like Monaco and Freebass.

4. What is Peter Hook’s role in Joy Division and New Order?

In Joy Division and New Order, Peter Hook played bass and was a key songwriter. He was also a co-founder of both bands, alongside Bernard Sumner.

5. What happened to Joy Division?

Joy Division disbanded in 1980 following the suicide of their lead singer, Ian Curtis. The remaining members, including Peter Hook, went on to form New Order.

6. What is Peter Hook’s relationship with Bernard Sumner?

Peter Hook and Bernard Sumner are long-time friends and musical partners. They co-founded Joy Division and New Order together, but their relationship has been strained at times due to creative differences and legal disputes.

7. What is Peter Hook’s relationship with Ian Curtis’ estate?

Peter Hook has had a complex relationship with the estate of Ian Curtis. He has been criticized by the Curtis family for profiting from Joy Division’s music and has faced legal challenges from the estate over the use of the band’s name.

8. What is Peter Hook’s relationship with the other members of New Order?

Peter Hook’s relationship with the other members of New Order has been tumultuous at times. He left the band in 2007 and has since been involved in legal disputes with the other members over the use of the New Order name and music.

9. What is Peter Hook’s relationship with his former bandmates like now?

As of now, Peter Hook’s relationship with his former bandmates in New Order remains strained. He has not performed with them since his departure in 2007 and has been critical of their decision to continue using the New Order name without him.

10. What is Peter Hook doing now?

Peter Hook is currently active as a musician, performing with his band The Light, which focuses on performing the music of Joy Division and New Order. He also runs a record label, Haçienda Records, and has been involved in various other projects and ventures.