Edward MacDowell Net Worth

Edward MacDowell was a renowned American composer and pianist born in 1860 in New York City. He was trained in the formidable music schools of Europe and was heavily influenced by the European Romantics. His works were praised by critics and audiences in both America and Europe, and he was the first American composer to achieve international fame. Unfortunately, his health and mental stability deteriorated in his later years, leading to an early end to his career. However, his legacy lives on in his music and in the artist enclave he willed, which has supported thousands of artists and is still active today.
Edward MacDowell is a member of Musicians

Age, Biography and Wiki

Who is it? Composer and Pianist
Birth Day December 18, 1860
Birth Place New York City, United States
Age 159 YEARS OLD
Died On 23 January 1908(1908-01-23) (aged 47)\nNew York City
Birth Sign Capricorn
Resting place MacDowell Colony
Education Columbia University
Occupation pianist, composer
Known for Piano Concerto No. 2
Spouse(s) Marian MacDowell

💰 Net worth: $15 Million (2024)

Edward MacDowell was a renowned composer and pianist in the United States. His net worth is currently estimated to be $15 million, projected to reach such a remarkable figure by 2024. MacDowell's talents and contribution to the world of music are highly regarded, especially in the classical genre. His compositions have resonated with audiences globally, making him one of the most respected musicians of his time. The significant fortune he amassed is a testimony to his talent and recognition within the music industry.

Some Edward MacDowell images

Biography/Timeline

1877

Edward MacDowell was born in New York City to Thomas MacDowell, a Manhattan milk dealer, and Frances (Fanny) Mary Knapp. He received his first piano lessons from Juan Buitrago, a Colombian Violinist who was living with the MacDowell family at the time. He also received music lessons from friends of Buitrago, including the Cuban Pianist Pablo Desverine and Venezuelan Pianist and Composer Teresa Carreño. MacDowell's mother decided to take her son to Paris, France, where in 1877 he was admitted to the Paris Conservatory after receiving a competitive scholarship for international students.

1880

After two years of studies under Antoine Marmontel and being at the top of his class, he continued his education at Dr. Hoch's Conservatory in Frankfurt, Germany, where he studied piano with Carl Heymann and composition with Joachim Raff. When Franz Liszt and Clara Schumann visited the conservatory in early 1880 and attended a recital of student compositions, MacDowell performed Robert Schumann's Quintet, Op. 44 along with a transcription of a Liszt symphonic poem. Next year, he paid a visit to Liszt in Weimar and performed some of his own compositions. Liszt recommended MacDowell's First Modern Suite, Op. 10 to Allgemeiner Deutscher Musikverein for performance and also introduced him to Leipzig music publishers at Breitkopf & Härtel.

1881

After finishing his studies in 1881, MacDowell remained for a while in Germany, where he composed, performed on stage and gave piano lessons. He taught piano in Darmstadt during 1881–1884, including at the Schmitt's Akademie für Tonkunst (now known as the Akademie für Tonkunst), and in Wiesbaden, 1884–1888.

1884

In 1884, MacDowell married Marian Griswold Nevins, an American who had been one of his piano students in Frankfurt for three years. About the time that MacDowell composed a piano piece titled Cradle Song, Marian suffered an illness that resulted in her being unable to bear children.

1885

In Germany, the MacDowells settled first in Frankfurt, then in Darmstadt, and finally, in Wiesbaden. From 1885 to 1888 MacDowell devoted himself almost exclusively to composition. That brought financial difficulties, and he decided to return to the United States in the autumn of 1888. He made Boston his new home, where he became well known as a concert Pianist and piano Teacher. He performed in recitals with the Boston Symphony Orchestra and other American musical organizations.

1896

In 1896, Princeton University awarded MacDowell an honorary degree of Doctor of Music. In 1899, he was elected as the President of the Society of American Musicians and Composers (New York). In 1904, he became one of the first seven people chosen for membership in the American Academy of Arts and Letters. After this experience, the MacDowells envisioned establishing a colony for artists near their summer home in Peterborough, New Hampshire.

1904

A 1904 accident in which MacDowell was run over by a Hansom cab on Broadway may have contributed to his growing psychiatric disorder and resulting dementia. Of his final years, Lawrence Gilman, a contemporary, described: "His mind became as that of a little child. He sat quietly, day after day, in a chair by a window, smiling patiently from time to time at those about him, turning the pages of a book of fairy tales that seemed to give him a definite pleasure, and greeting with a fugitive gleam of recognition certain of his more intimate friends."

1907

Marian MacDowell cared for her husband to the end of his life. In 1907, the Composer and his wife founded the MacDowell Colony by deeding the Hillcrest Farm to the newly established Edward MacDowell Association. MacDowell died in 1908 in New York City and was buried at the MacDowell Colony at his beloved Hillcrest Farm.

1908

The following lists were compiled from information in collections of sheet music, Lawrence Gilman's Edward MacDowell: A Study (1908), Oscar Sonneck's Catalogue of First Editions of Edward MacDowell (1917), and John F. Porte's Edward MacDowell (1922).

1925

The MacDowell Colony, a multidisciplinary artists' retreat, continued to honor the composer's memory after his death by supporting the work of other artists in an interdisciplinary environment. With time, it created an important part of MacDowell's legacy. Marian MacDowell led the Edward MacDowell Association and Colony for more than 25 years, strengthening its initial endowment by resuming her piano performances and creating a wide circle of donors, especially among women's clubs and musical sororities and around 400 MacDowell music clubs. The Edward MacDowell Association backed many American composers, including Aaron Copland, Edgard Varese, Roger Sessions, william Schuman, Walter Piston, Samuel Barber, Elliott Carter, and Leonard Bernstein, in the beginning phases of their careers by awarding them residencies, fellowships, and the Edward MacDowell Medal. Between 1925 and 1956, Copland received a fellowship eight times; in 1961 he was awarded the Edward MacDowell Medal, and he served himself for 34 years on the board of Association and Colony. Amy Beach was at the Colony on fellowships from its beginning for many summers while she was in her middle to later career.

1940

After his death, MacDowell was considered as a great, internationally known American Composer. In 1940, MacDowell was one of five American composers honored in a series of United States postage stamps. The other four composers were Stephen Foster, John Philip Sousa, Victor Herbert, and Ethelbert Nevin. However, as the twentieth century progressed, his fame was eclipsed by such American composers as Charles Ives, Aaron Copland, and Roy Harris. In 1950s, Gilbert Chase, an American music Historian and critic, wrote, "When Edward MacDowell appeared on the scene, many Americans felt that here at last was 'the great American composer' awaited by the nation. But MacDowell was not a great Composer. At his best he was a gifted miniaturist with an individual manner. Creatively, he looked toward the past, not toward the Future. He does not mark the beginning of a new epoch in American music, but the closing of a fading era, the fin de siecle decline of the genteel tradition which had dominated American art since the days of Hopkinson and Hewitt." In the 1970s, John Gillespie reaffirmed Chase's opinion by writing that MacDowell's place in time "accounts for his decreasing popularity; he does not belong with the great Romantics, Schumann and Brahms, but neither can be regarded as a precursor of twentieth century music." Other critics, such as Virgil Thomson, maintained that MacDowell's legacy would be reconsidered and regain a place proper to its significance in the history of American music.

2000

As romantic tradition in music never lost its relevance and importance, the twenty-first century brought a reassessment of MacDowell's legacy not only as a talented piano virtuoso and piano Composer, but also as one of America's preeminent composers. On February 14, 2000, he was inducted into a national Classical Music Hall of Fame. Macdowell's two concertos now perceived as the "most important works in the genre by an American Composer other than Gershwin." His four sonatas, two orchestral suites and multiple solo piano pieces are performed and recorded.