Mgmt Net Worth (Updated 2025).

Mgmt, an American electronic music duo, began their career in the early 2010s, initially gaining traction through their self-released tracks on SoundCloud. Andrew VanWyngarden and Benjamin Goldwasser, the duo’s members, hail from Brooklyn, New York, and first met while studying at Columbia University. Their unique blend of indie rock and electronic music caught the attention of listeners, leading to their signing with Columbia Records in 2013.

The duo’s fame began to rise with the release of their debut album, “MGMT,” in 2007. The album’s lead single, “Kids,” became a global hit, reaching number one on the Billboard Alternative Songs chart. Their follow-up singles, “Electric Feel” and “Time to Pretend,” also gained significant popularity, further cementing their status in the music industry. Mgmt’s innovative sound and captivating live performances continued to draw in fans, leading to sold-out tours and festival appearances worldwide.

Mgmt’s Current Net Worth (2025)

As of 2025, Mgmt’s current net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account their music sales, touring income, and other ventures.

Career

Mgmt, originally known as the Management, is an American electronic rock band formed in 2002. The duo, consisting of Ben Goldwasser and Andrew VanWyngarden, is known for their eclectic mix of genres, including rock, pop, and electronic music. They gained prominence in the mid-2000s with their debut album “Oracular Spectacular,” which featured the hit single “Kids.” Since then, they have released several successful albums and toured extensively worldwide.

Other Ventures

In addition to their music career, Mgmt has also ventured into other business endeavors. In 2010, they launched their own record label, 30th Century Records, in partnership with Columbia Records. The label has signed and released music from various artists. Furthermore, Goldwasser and VanWyngarden have also dabbled in film scoring, contributing to the soundtrack of the 2014 film “The Lego Movie.”

Assets

Mgmt’s assets include their record label, 30th Century Records, as well as their extensive music catalog. They also own a publishing company, M.C. Songs, which administers their own music as well as works by other artists. Additionally, the duo owns a significant amount of real estate, including homes in various cities across the United States.

Annual Income

Mgmt’s annual income is primarily derived from their music sales, touring, and their record label. According to Forbes, the band earned $15 million in 2018 alone, largely due to their successful tour that year. However, their annual income can vary significantly from year to year, depending on factors such as album releases and touring schedules.

Frequently Asked Questions about  Mgmt

Frequently Asked Questions: Mgmt Net Worth

1. What is Mgmt’s net worth?

Mgmt’s net worth is estimated to be around $20 million.

2. How did Mgmt make their money?

Mgmt, also known as Management, is an American rock band formed in 2002. They rose to prominence with their debut album “The Golden Age” in 2005. The band’s success comes from their record sales, concert tours, and merchandise.

3. Who are the members of Mgmt?

The band consists of Benjamin Goldwasser and Andrew VanWyngarden.

4. What is Benjamin Goldwasser’s net worth?

Benjamin Goldwasser’s net worth is estimated to be around $10 million.

5. What is Andrew VanWyngarden’s net worth?

Andrew VanWyngarden’s net worth is estimated to be around $10 million.

6. What genre of music does Mgmt perform?

Mgmt is known for their eclectic mix of genres, including psychedelic rock, electronic music, and indie rock.

7. How many studio albums has Mgmt released?

Mgmt has released four studio albums: “The Golden Age” (2005), “Oracular Spectacular” (2008), “Congratulations” (2010), and “Little Dark Age” (2018).

8. What is Mgmt’s most popular song?

Mgmt’s most popular song is “Kids” from their 2008 album “Oracular Spectacular”.

9. Has Mgmt won any awards?

Yes, Mgmt has been nominated for several awards, including Grammy Awards. They won the MTV Video Music Award for Best Special Effects in 2008 for their song “Electric Love”.

10. What is Mgmt’s latest album?

Mgmt’s latest album is “Little Dark Age” released in 2018.