Terry Gibbs Net Worth

“The Million-Dollar Marimba: Inside Terry Gibbs’ Impressive Net Worth”


Have you ever heard of Terry Gibbs, the world-famous jazz musician, and his million-dollar marimba? Terry Gibbs is a renowned jazz vibraphonist and bandleader who has had a successful career spanning more than seven decades. He has played with some of the biggest names in jazz and has recorded over 70 albums.

But did you know that Terry Gibbs has an impressive net worth of over $10 million? In this blog post, we’ll take a closer look at how Terry Gibbs’ incredible talent and entrepreneurial spirit have contributed to his net worth.

Terry Gibbs’ Early Life and Career

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Terry Gibbs was born in Brooklyn, New York, in 1924. He started playing the drums at a young age and later switched to the vibraphone. As a teenager, he performed with some of the top bands in the swing era.

In the 1950s, Terry Gibbs formed his own band and recorded his first album, “Terry Gibbs Dream Band.” Throughout the 1950s and 1960s, Gibbs continued to release successful albums and collaborate with other jazz musicians.

Terry Gibbs’ Entrepreneurial Spirit

Terry Gibbs was not only a talented musician, but he was also an astute businessman. In the 1970s, he began investing his money in real estate. He also started his own record label, “Xanadu Records,” which released over 100 albums over the years.

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Gibbs’ entrepreneurial spirit extended to his music career as well. He constantly sought out new and innovative ways to earn money from his music. For example, he recorded the album “Hootenanny My Way” in 1963, which featured popular folk songs played in a jazz style.

Terry Gibbs’ Million-Dollar Marimba

One of Terry Gibbs’ most prized possessions is his million-dollar marimba. The instrument was created by the famous French instrument maker, Paul F. Schmidt, and features 92 bars.

Gibbs’ marimba is one of only a few in the world that have a range of five octaves. It’s also made from rosewood, which gives it a beautiful sound. Gibbs’ marimba is so valuable that he had it insured for $1 million.

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Terry Gibbs’ Awards and Honors

Throughout his career, Terry Gibbs has received numerous awards and honors. In 1999, he was inducted into the Percussive Arts Society Hall of Fame. In 2015, he received a lifetime achievement award from the Jazz Journalists Association.

Gibbs has also been nominated for multiple Grammy awards and has won two for his albums “Terry Gibbs and Buddy DeFranco Play Steve Allen” and “52nd and Broadway: Songs of the Bebop Era.”

Terry Gibbs’ Legacy

Terry Gibbs’ legacy extends far beyond his impressive net worth. He has played with some of the greatest jazz musicians of all time, including Charlie Parker, Dizzy Gillespie, and Benny Goodman. He has also inspired countless musicians with his virtuosic playing and innovative approach to jazz.

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Today, Terry Gibbs is still active in the music industry, performing and recording new albums. He is a living legend and an inspiration to jazz musicians all over the world.


Q1. How much is Terry Gibbs worth?

Terry Gibbs’ net worth is estimated to be over $10 million.

Q2. What is Terry Gibbs known for?

Terry Gibbs is known for his virtuosic playing on the vibraphone and for his innovative approach to jazz.

Q3. How many albums has Terry Gibbs recorded?

Terry Gibbs has recorded over 70 albums throughout his career.

Q4. What is Xanadu Records?

Xanadu Records is a record label founded by Terry Gibbs in the 1970s. The label has released over 100 albums over the years.

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Q5. Who made Terry Gibbs’ marimba?

Terry Gibbs’ marimba was made by the French instrument maker, Paul F. Schmidt.

Q6. What awards has Terry Gibbs won?

Terry Gibbs has won two Grammy awards and has received a lifetime achievement award from the Jazz Journalists Association.

Q7. Is Terry Gibbs still active in the music industry?

Yes, Terry Gibbs is still active in the music industry, performing and recording new albums.


Terry Gibbs’ impressive net worth is a testament to both his incredible talent as a jazz musician and his entrepreneurial spirit. His million-dollar marimba and his successful record label have also contributed to his wealth.

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But beyond his net worth, Terry Gibbs’ legacy as a jazz musician and innovator is what truly sets him apart. He has inspired countless musicians and continues to be a respected and revered figure in the jazz world.

If you’re a fan of jazz music, you owe it to yourself to listen to some of Terry Gibbs’ albums and experience the magic of his playing for yourself.