Net Worth $7.5 Million USD
Yngwie Malmsteen born June 30, 1963 is a Swedish guitarist, composer, multi-instrumentalist and bandleader. Malmsteen became known for his neo-classical playing approach in heavy metal music which became a new musical style in the early 1980s. He is considered by many to be one of the most technically gifted rock guitarists of all time and is considered to be a pioneer of shred guitar.
Malmsteen was born Lars Johan Yngve Lannerbäck in Stockholm, Sweden, as the third child of a musically-inclined family. At age seven, he saw a television news report on the death of Jimi Hendrix, an event which had a profound impact on his musical path.