Peter Cetera

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What Is Peter Cetera Net Worth?

Peter Cetera

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Peter Paul Cetera was born on the 13th of September 1944, in Chicago, Illinois USA, of Polish and Hungarian ancestry, and is a musician, singer, songwriter, and producer as well, particularly known for being an original member of the rock group Chicago. As a solo artist, he has also released eight studio albums, including “One More Story” (1988), “Another Perfect World” (2001), and six Top 40 singles, such as “Glory Of Love”, “Restless Heart”, etc. His career has been active since 1962.

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So, have you ever wondered how rich Peter Cetera is? It has been estimated by authoritative sources that Peter’s net worth is over $30 million, as of 2017, accumulated through his successful career in the music industry. Another source is coming from starring in two film titles.

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Peter Cetera Net Worth $30 Million

Peter Cetera spent his childhood in the Morgan Park area of Chicago, one of six children; his brothers are Tim Cetera and Kenny Cetera, both involved in the music industry as well. Peter went to Archbishop Quigley Preparatory Seminary and later transferred to Mendel Catholic Prep High School, from which he matriculated in 1962. He began playing the guitar at the age of 11 when it was given to him as a present from his parents.

In no time, Peter’s professional musical career began, as when he was 15 years old he joined other high school students, and formed a band called The Exceptions. However, he soon founded his band called The Big Thing, and like the music they produced, they renamed themselves The Chicago Transit Authority and then shortened the name to Chicago. The band’s first album came out in 1969 entitled “Chicago Transit Authority”,  with Cetera becoming the frontman of the group. During his stint with the band, they released 14 more albums, becoming extremely popular during the 1970s, especially with albums “Chicago V” (1972), “Chicago VI” (1973), “Chicago VIII” (1975), all of which topped the US Billboard 200 chart and achieved platinum status, which increased Peter’s net worth by a large margin, which subsequently enabled him to launch a solo career.

While still a member of Chicago, Peter worked on his debut self-titled solo album and released it in 1981. As the band’s popularity began to decline, Peter focused more on his solo career and left the band in 1985. Since then, he has been working on a solo career, which is now the main source of his net worth. So far, he has released eight albums, including “One More Story” (1988), “World Falling Down” (1992), “Another Perfect World” (2001), and “You Just Gotta Love Christmas” in 2004, all of which have added to his net worth, thanks to consistent sales.

Since 2005 he has been constantly on tour, which has also increased the overall size of his net worth.

In 2016, Peter was inducted into the Rock ‘n’ Roll Hall of Fame, with the other original members of Chicago, however, he didn`t show up for the event.

Apart from his successful career as a musician, Peter has tried himself as an actor, appearing in two films, the 1973 film “Electra Glide In Blue”, playing Bob Zemko, and later in the 1991 TV film “Memories Of Midnight” as Larry Douglas, which also increased his overall net worth.

Regarding Peter Cetera’s personal life, he has been married twice, firstly to Janice Sheely from 1968 to 1973, and then to Diane Nini from 1982 until 1991; they are the parents of one child. He also has a daughter with his ex-girlfriend, Blythe Weber. His current residence is in Sun Valley, Idaho. In his spare time, Peter enjoys playing soccer, basketball, and other sports.