Devo, an American new wave band, was formed in 1972 in Akron, Ohio. The group was founded by two art school friends, Gerald Casale and Mark Mothersbaugh, who initially intended to create conceptual art installations incorporating music. Their early performances, often in unconventional venues, gained local attention and helped cultivate their unique blend of music and visuals.

In the late 1970s, Devo signed with Warner Bros. Records and released their debut album, “Q: Are We Not Men? A: We Are Devo!” in 1978. The album’s lead single, “Satisfaction,” a deconstructed cover of the Rolling Stones’ classic, became an underground hit and brought the band national attention. Their subsequent album, “Duty Now for the Future,” further solidified their reputation as a pioneering force in new wave music.

Career

Devo, an American rock band formed in 1973, is known for their unique blend of punk, new wave, and experimental music. The band, consisting of members Mark Mothersbaugh, Bob Casale, Gerald Casale, Bob Lewis, and Alan Myers, gained significant popularity in the late 1970s and early 1980s with hits like “Whip It” and “Beautiful World.” They continue to tour and release music, with their latest album, “Something for Everybody,” released in 2010.

Other Ventures

Beyond their music career, Devo has ventured into various other businesses. Mark Mothersbaugh, for instance, has composed music for numerous films and TV shows, including “Rugrats” and “The Lego Movie” series. The band has also licensed their music for various advertisements and has collaborated with brands like Nike and Hasbro.

Assets

Devo’s assets include real estate, primarily in their hometown of Akron, Ohio. They also own a recording studio, a publishing company, and have a substantial collection of musical equipment and instruments. Additionally, they hold the rights to their extensive music catalog and merchandise, which contribute to their net worth.

Annual Income

Devo’s annual income is primarily derived from touring, music sales, streaming royalties, and licensing fees. As of 2025, their estimated annual income is around $2 million, a figure that can fluctuate based on touring schedules and the success of new releases.

Devo’s Current Net Worth (2025)

As of 2025, Devo’s current net worth is estimated to be around $30 million. This figure is based on the latest available information, taking into account their music career, business ventures, and other investments.

Frequently Asked Questions about  Devo

1. What is Devo’s net worth?

Devo’s net worth is estimated to be around $30 million.

2. How did Devo make their money?

Devo, a new wave band, made their money through record sales, concert tours, and merchandise. They are known for hits like “Whip It” and “Beautiful World.”

3. Who are the members of Devo?

The current members of Devo are Mark Mothersbaugh, Bob Mothersbaugh, Gerald Casale, and Bob Casale (who passed away in 2014).

4. When was Devo formed?

Devo was formed in 1972 in Akron, Ohio.

5. What does ‘Devo’ stand for?

‘Devo’ is a backronym that stands for ‘De-evolution,’ a concept central to the band’s themes and aesthetics.

6. What is Devo’s most popular song?

“Whip It” is Devo’s most popular and well-known song, released in 1980.

7. Has Devo won any awards?

Devo has been nominated for several awards, including Grammy Awards, but they have not won any major awards.

8. What is Devo’s latest album?

Devo’s latest album, “Something for Everybody,” was released in 2010.

9. Are Devo still active?

Yes, Devo is still active and performs live shows, although they are not as frequent as in their heyday.

10. What is Devo’s influence on popular culture?

Devo is known for their unique blend of new wave, punk, and art rock, as well as their distinctive visual style. They have influenced numerous bands and artists in various genres.