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Billy Corgan Net Worth

Guitarist · Singers

Billy Corgan
Photo: Sven Mandel · Wikimedia Commons · CC BY-SA 4.0
Net Worth · StarWorth Figure
$60M
Source: Celebrity Net Worth (October 2026) · USD · Last updated 28 October 2026

Quick facts

Born1967

ProfessionGuitarist

NationalityAmerican

CategorySingers

Background and career

William Patrick Corgan Jr. (born March 17, 1967) is an American musician, singer-songwriter, and professional wrestling promoter. He is best known as the co-founder, lead guitarist, primary songwriter, singer, and only constant member of alternative rock band the Smashing Pumpkins. Corgan is credited with helping popularize the alternative rock genre. He has also been the owner and promoter of the National Wrestling Alliance since 2017. Corgan formed the Smashing Pumpkins in Chicago in 1988 alongside guitarist James Iha, with bassist D'arcy Wretzky and drummer Jimmy Chamberlin joining soon after. Strong album sales and large-scale tours propelled the band to commercial success and critical acclaim throughout the 1990s. After their break-up in 2000, Corgan and Chamberlin started a new band called Zwan; after the band's demise, he released the collection of poetry Blinking with Fists (2004) and the solo album TheFutureEmbrace (2005) before reforming Smashing Pumpkins in 2007. The new version of the band, consisting of Corgan and a revolving lineup, has released new albums and toured extensively. In October 2017, Corgan released Ogilala, his first solo album in over a decade. His latest solo album, Cotillions, was released in 2019. Corgan co-founded Resistance Pro Wrestling in 2011. He joined TNA Wrestling in 2015 and became its president in 2016, but left a few months later. He purchased the National Wrestling Alliance (NWA) in 2017; thereafter, Corgan made it his primary focus in professional wrestling.

William Patrick Corgan Jr. was born at Columbus Hospital in the Lincoln Park neighborhood of Chicago on March 17, 1967, the elder child of Martha Louise Maes (1947–1996) and guitarist William Dale Corgan (1947–2021). He is of English, Irish, and Scottish descent on his father's side, and Belgian, Flemish, and Italian descent on his mother's side. He grew up Catholic and has a younger brother. His parents divorced in 1970. Billy said he went to live with his great-grandmother, and then his grandmother. Next he and his brother went to live with his father and new wife (a flight attendant whom his father had married) in Glendale Heights, Illinois, a Chicago suburb 22 miles west of the city. His father was a musician and was often away; when Billy was nine his father and stepmother (whom Billy considers to be his mother) split. Billy alleges that his father was abusive to him, both physically and emotionally. He developed a protective bond with his younger paternal half-brother, Jesse, who had special needs as a child. When Billy's father and stepmother separated, all three boys lived with their stepmother. Billy said his father was a "drug dealing, gun-toting musician [and] mad man". Although William Corgan Sr. negatively impacted his son's childhood, Corgan said he came to have tremendous respect for his father's musicianship. Corgan, who grew much faster than his fellow students, was a strong athlete in elementary school. In addition to being a member of his baseball team at Marquardt Middle School, he amassed over 10,000 baseball cards and listened to every Chicago Cubs game on the radio. However, by the time he began attending Glenbard North High School, his athletic prowess had greatly diminished. He decided to start playing guitar after seeing a Flying V when he went over to a friend's house. Corgan gave his savings to his father, who bought him a used Les Paul knock-off. His father encouraged him to listen to Jeff Beck and Jimi Hendrix, but offered little other support, so Corgan taught himself. His musical interests in high school included hard rock music like Guts-era John Cale, heavy metal pioneers Black Sabbath, and mainstream rock like Van Halen, Queen, Boston, ELO, Rush, and Cheap Trick. Corgan discovered the alternative rock genre by listening to Bauhaus and the Cure. He performed in a string of bands in high school and graduated as an honor student. Despite grant and scholarship offers from a number of schools, and a tuition fund left by his grandmother, Corgan decided to pursue music full-time.

Not finding the Chicago music scene to his liking, Corgan moved to St. Petersburg, Florida, in 1985 with his first major band, The Marked (named for the conspicuous birthmarks of both Corgan and drummer Ron Roesing). Not finding success in St. Petersburg, the band dissolved; Corgan moved back to Chicago and lived with his father. From 1987 to 1988, he played guitar in Chicago band Deep Blue Dream, which also featured future Static-X frontman Wayne Static. He left the band to focus on the Smashing Pumpkins.

Upon his return to Chicago, Corgan had already devised his next project – a band that would be called the Smashing Pumpkins. Corgan met guitarist James Iha while working in a record store, and the two began recording demos, which Corgan describes as "gloomy little goth-pop records". He met bassist D'arcy Wretzky after a local show, arguing with her about a band that had just played, the Dan Reed Network. Soon after, the Smashing Pumpkins were formed. The trio began to play together at local clubs with a drum machine for percussion. To secure a show at the Metro in Chicago, the band recruited drummer Jimmy Chamberlin, and played for the first time as a quartet on October 5, 1988.

The addition of Chamberlin drove the band in a heavier direction almost immediately. On the band's debut album, Gish (1991), the band integrated psychedelic rock and heavy metal into their sound. Gish fared better than expected, but the follow-up, Siamese Dream, released on Virgin Records in 1993, became a multi-platinum hit. The band became known for internal drama during this period, with Corgan frequently characterized in the music press as a "control freak" due to rumors that he played all the guitar and bass parts on Siamese Dream (a rumor that Corgan later confirmed as true). Despite this, the album was well received by critics, and the songs "Today", "Cherub Rock", and "Disarm" became hits. The band's 1995 follow-up effort, the double album Mellon Collie and the Infinite Sadness, was even more successful, spawning a string of hit singles. According to Jon Pareles from The New York Times, Corgan wanted to "lose himself and find himself ..." in this album. The album was nominated for seven Grammy awards that year, and would eventually be certified ten times platinum in the United States. The song "1979" was Corgan's biggest hit to date, reaching No. 1 on Billboard's modern rock and mainstream rock charts. Their appearance on Saturday Night Live on November 11, 1995, to promote this material (their second appearance on the show overall) was also the television debut appearance of Corgan's shaved head, which he has maintained consistently since. On July 12, 1996, touring keyboardist Jonathan Melvoin died in a Manhattan hotel room of a heroin overdose after he and Chamberlin used the drug together. Chamberlin was later arrested on a misdemeanor drug possession charge. The Smashing Pumpkins made the decision to fire Chamberlin and continue as a trio. This shakeup, coupled with Corgan going through a divorce and the death of his mother, influenced the somber mood of the band's next album, 1998's Adore. Featuring a darker, more subdued and heavily electronic sound at a time when alternative rock was declining in mainstream cachet, Adore divided both critics and fans, resulting in a significant decrease in album sales (it sold 1.3 million in the US).

Chamberlin was reunited with the band in 1999. In 2000, they released Machina/The Machines of God, a concept album on which the band deliberately played to their public image. Critics were again divided, and sales were lower than before; Machina is the second lowest-selling commercially released Smashing Pumpkins album to date, with U.S. sales of 583,000 units up to 2005. During the recording for Machina, Wretzky quit the band and was replaced for the upcoming tour by former Hole bassist Melissa Auf der Maur. In 2000 the band released Machina II/The Friends & Enemies of Modern Music free over the Internet and broke up at the end of the year, playing their last show on December 2, 2000, at the Cabaret Metro.

Sources

Net-worth figure: Celebrity Net Worth (October 2026), in USD. Biography and career facts: the person's Wikipedia article and linked reporting. Snapshot date for all StarWorth figures: 28 October 2026.

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