Pete Wentz

Peter Lewis Kingston Wentz III, better known as Pete Wentz, is an American musician, songwriter, and entrepreneur who gained worldwide fame as the bassist and lyricist of the rock band Fall Out Boy. Born in Wilmington, Delaware and raised in the Chicago suburb of Wilmette, Illinois, Wentz was involved in the Chicago hardcore punk scene before co-founding Fall Out Boy in 2001. The band’s breakthrough came with their 2005 album “From Under the Cork Tree,” which went double platinum and produced hit singles “Sugar, We’re Goin Down” and “Dance, Dance.”

Fall Out Boy became one of the defining bands of the 2000s pop-punk and emo movement, selling over 20 million records worldwide. Their albums “Infinity on High” (2007) and “Save Rock and Roll” (2013) both debuted at number one on the Billboard 200. Wentz’s lyrics and public persona made him one of the most recognizable figures in alternative music. The band’s reunion in 2013 after a hiatus proved enormously successful, and they have continued to release music and tour to massive audiences globally.

Beyond Fall Out Boy, Wentz has built a diverse business portfolio. He founded Decaydance Records (later DCD2 Records), which signed notable acts including Panic! at the Disco and Gym Class Heroes. He launched the clothing line Clandestine Industries, co-owned a number of bars and restaurants, and has been involved in various media ventures. He briefly hosted the TV show “Best Ink” and has made appearances in numerous television programs and films.

Wentz has also been active in sports business, having been a part-owner of a professional soccer team. His entrepreneurial ventures, combined with Fall Out Boy’s continued touring and album sales, have contributed to his estimated net worth of 20 million dollars as of 2026. He is also recognized for his openness about mental health struggles, using his platform to advocate for awareness and support.