The Wealth of Steven Adler

April 2024 · 5 minute read


Steven Adler’s Net Worth: $15 Million

Biography of Steven Adler

Michael Coletti, better known as Steven Adler, was born on January 22, 1965, in Cleveland, Ohio, USA. His father was of Italian American descent, and his mother of Jewish American heritage. Steven Adler is best recognized as the former drummer and songwriter for the prominent hard rock band Guns N’ Roses. He was the first band member to be dismissed by Axl Rose, the band’s lead singer. Adler has also collaborated with other bands such as BulletBoys and Vain.

As a songwriter and drummer of the legendary rock band Guns N’ Roses, Steven Adler has accumulated a net worth of $15 million as of early 2016, with the majority of his wealth coming from his tenure as the drummer for Guns N’ Roses.

Steven Adler’s Net Worth: $15 Million

In his early years, he resided with his mother after his father left them. They later relocated to Los Angeles, California, where he adopted the name Steven Adler following his mother’s marriage to Melvin Adler. He spent his formative years in the San Fernando Valley until the age of 13. Due to his misbehavior, he was then sent to live with his grandparents. During his time at Bancroft Junior High, he befriended Saul Hudson, who became known in the music industry as Slash. After completing ninth grade, he returned to live with his parents and finished high school. Adler also learned to play the drums and embarked on auditions. Adler, Slash, and Duff McKagan disbanded due to their inability to find a suitable vocalist.

Adler joined Guns N’ Roses in June 1985. The band performed in nightclubs and eventually signed with Geffen Records in 1986. Their debut album, “Appetite for Destruction,” released in 1987, achieved considerable success, selling 28 million records worldwide. Despite years of contributing to the band, Adler gained widespread recognition in the 1990s as a songwriter. However, his heroin addiction began to impact his work ethic and musical abilities, leading to his dismissal from the band. After departing from Guns N’ Roses, Adler briefly played in his former band Road Crew before joining BulletBoys, but neither group achieved critical success. Subsequently, Steven formed the band “Adler,” with which he has been active since 2012.

Following his departure from Guns N’ Roses, Adler’s music career took a backseat as his substance abuse worsened. In 1991, he filed a lawsuit against Guns N’ Roses for unpaid royalties. The case was settled, resulting in a compensation of $2.25 million and granting him a 15% royalty for his earlier contributions to the band. In 2008, Adler participated in the reality TV show “Celebrity Rehab with Dr. Drew,” yet his behavior led to his arrest and community service sentence.

In his personal life, Adler has been married twice. His first marriage to his long-time girlfriend, Cheryl, occurred in June 1989, but ended shortly due to his drug addiction. He later married Caroline Ferreira in 2002. He has been focused on maintaining sobriety while continuing his musical endeavors, albeit without engaging in tours. Nevertheless, his current net worth of $15 million provides for his everyday life.




Full NameSteven Adler
Net Worth$15 Million
Date Of BirthJanuary 22, 1965
Place Of BirthCleveland, Ohio, U.S.
Height1.7 m
ProfessionAmerican musician, Composer, Actor
EducationPasadena City College
NationalityAmerican
SpouseCarolina Ferreira (m. 2002), Cheryl (m. 1989-1990)
ParentsMelvin Adler, Deanna Adler
SiblingsKenny Adler, Jamie Adler
Facebookhttps://www.facebook.com/stevenadlersite2
Twitterhttps://twitter.com/stevenadlersite
Instagramhttps://www.instagram.com/stevenadlerrp_/?hl=en
MySpacehttps://myspace.com/stevenadlersite
IMDBwww.imdb.com/name/nm0012248
Allmusicwww.allmusic.com/artist/steven-adler-mn0000040972
Record LabelsGeffen Records, UZI Suicide, Shrapnel
Albums“Appetite for Destruction” (1987), “Live ?!*@ Like a Suicide” (1988, EP), “G N’ R Lies” (1988), “Use Your Illusion II” (1991), “Live Era ’87-’93” (1999, live album),“ Back from the Dead” (2012)
Music GroupsGuns N’ Roses, BulletBoys, Vain, Adler’s Appetite, Hollywood Rose
NominationsRock and Roll Hall of Fame (2012)
MoviesBob and the Monster, Dahmer vs. Gacy, Guns N’ Roses: November Rain in Paradise City
TV ShowsCelebrity Rehab with Dr. Drew, Sober House, Farm Aid IV. (show, 1990), Not in This Lifetime… Tour (2016, Cincinnati, Ohio)
#Quote
1Loud is a way of life…The image is a non-image.
#Fact
1He is also known as Steven “Pop-corn” Adler.
2Touring with his new band “Adler’s Appetite” (formerly known as Suki Jones. They are a cover band which plays mostly Guns N Roses songs and a few others. [July 2003]
3Recently reunited with his Guns N’ Roses band mates Slash and Duff McKagan’for the Rock N Roll Hall of Fame induction ceremony. He managed to patch things up with Slash.
4Suffered a mild stroke due to his issues with drug abuse. He appeared in the third and fifth seasons of ‘Celebrity Rehab with Dr Drew’ to try and kick his alcohol and drug dependency.
5Is of Icelandic descent.
6In 2000, discovered he had a daughter, born to an old friend of his in Los Angeles. His daughter’s mother kept it from him, and she continues to withhold from their daughter the knowledge of who her father is.
7Former Skid Row vocalist Sebastian Bach wrote the lyrics for the song “Wasted Time” about Steven. The song appeared on Skid Row’s 1991 album ‘Slave to the Grind’.
8Before Guns N’ Roses, he played in a band with future GNR bandmates Slash and Duff McKagan.
9Attended middle and high school with longtime Guns N’ Roses bandmate Slash.
10Was the subject of a “Hard Copy” episode in October 1996. It was revealed that Steven had suffered a stroke due to his drug abuse, and subsequently sobered up.
11Filed suit against Guns N’ Roses in October 1991; suit was settled out of court in 1993, awarding Steven 2.5 million.
12Fired from Guns N’ Roses in 1990 due to his drug abuse.
13Filed suit against Guns N’ Roses, claiming they were responsible for his drug problems. Former bandmate Axl Rose testified against him.
14Former drummer of Guns N’ Roses.

Won Awards

YearAwardCeremonyNominationMovie
2011Action on Film AwardAction on Film International Film Festival, USAOutstanding Cast PerformanceDahmer vs. Gacy (2010)

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