What is Shellback's Net Worth?
Shellback is a Swedish record producer, songwriter, and musician who has a net worth of $50 million. Shellback is best known for his collaborations with fellow record producer and songwriter Max Martin. Together, they have co-produced and co-written albums and songs for such artists as Pink, Taylor Swift, Adele, Maroon 5, and Ed Sheeran. Shellback has earned several Grammy Award nominations, and won Album of the Year as a producer on Taylor Swift's "1989" and Adele's "25."
Early Life
Shellback, whose real name is Karl Schuster, was born on February 1, 1985 in Karlshamn, Sweden.
Career Beginnings
Shellback began his career as a drummer, performing with various local indie rock bands in Karlshamn. In 2004, he joined the death metal band Blinded Colony, with which he recorded the 2006 album "Bedtime Prayers."
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(Photo by David Buchan/Variety/Penske Media via Getty Images)
Record Producing and Songwriting
Shellback is best known for his collaborations with fellow Swedish record producer and songwriter Max Martin, whom he met at the age of 16. In 2007, Shellback signed with Martin's production company Maratone. One of the first big songs co-written by the pair was Pink's single "So What," from her 2008 album "Funhouse." First released on August 11, 2008, the song peaked at number one on the Billboard Hot 100. The next year, Shellback and Martin co-wrote songs for Backstreet Boys, Britney Spears, Leona Lewis, and Adam Lambert, among others. Shellback also began taking on the role of producer. His credits in 2010 included works by Kesha, Usher, and Pink. Shellback had his most prolific year yet in 2011, when he co-wrote and produced for such artists as Avril Lavigne, Maroon 5, Carolina Liar, and Cher Lloyd. Over the subsequent years, he had credits on works by Taylor Swift, Christina Aguilera, One Direction, and Ariana Grande, among many other artists. For his work on Swift's 2014 album "1989," Shellback won Grammy Awards for Album of the Year and Best Pop Vocal Album. He won a second consecutive Grammy for Album of the Year for Adele's album "25."
In 2016, Shellback, Martin, and Justin Timberlake co-wrote and co-produced the song "Can't Stop the Feeling!" for the animated musical film "Trolls." A massive hit as a single, it debuted atop the Billboard Hot 100 and also topped the charts in numerous countries around the world. "Can't Stop the Feeling!" went on to earn an Academy Award nomination for Best Original Song, and to win the Grammy Award for Best Song Written for Visual Media. Following that huge success, Shellback produced hit albums by Katy Perry, Pink, Taylor Swift, Ed Sheeran, and the Jonas Brothers. In the early 2020s, he produced some of Swift's re-recorded albums, each known as "Taylor's Version." Shellback was also a producer on Adele's 2021 album "30," and was a co-writer on its song "Can I Get It." For "30," he received yet another Grammy Award nomination for Album of the Year.
Annual Income of Shellback
Shellback (Karl Johan Schuster) has consistently been one of Sweden's top-earning musicians. As a Swedish citizen, Shellback's annual income is publicly disclosed. In recent years he has consistently earned $6-10 million per year. For example, in 2016, he earned 82 million SEK 2016, making him the second highest-paid Swedish musician that year (behind his mentor, Max Martin). USD Equivalent: Around $9.5 million USD (based on exchange rates at the time). In 2019, his production company reported revenues of 69 million SEK and a record profit of 207 million SEK after tax in 2019. USD Equivalent: Revenue of $6.6 million.
Real Estate Holdings and Purchases
Shellback has invested in high-end real estate, primarily in Sweden:
- Luxury Stockholm Apartment (Strandvägen) – He owns a 371 m² (4,000 sq ft) apartment on Strandvägen, one of Stockholm's most prestigious streets. The property, in a historic 1915 building, is one of the most expensive in the city. Estimated Value: 50 million SEK (~$4.8 million USD).
- Summer House in Matvik, Blekinge – In his hometown region (Karlshamn Municipality), Shellback purchased a seaside summer cottage in Matvik. He planned to tear down the old structure and build a modern villa with a pool by the shoreline. This purchase gained local media attention due to Sweden's strict shoreline protection laws ("strandskydd"), which regulate waterfront property development. Estimated Value: 8-10 million SEK (~$750,000 to $950,000 USD).
Most Successful Songs (Written/Produced by Shellback)
Shellback has co-written and produced dozens of global hits, many of which have topped the Billboard Hot 100. Below are some of his most successful and influential songs:
- "So What" – P!nk (2008) – Co-writer. #1 on Billboard Hot 100.
- "DJ Got Us Fallin' in Love" – Usher feat. Pitbull (2010) – Co-writer/producer. A club hit that reached #4 on Billboard Hot 100.
- "Moves Like Jagger" – Maroon 5 feat. Christina Aguilera (2011) – Co-writer/producer. #1 on Billboard Hot 100; over 8 million copies sold worldwide.
- "We Are Never Ever Getting Back Together" – Taylor Swift (2012) – Co-writer/producer. #1 on Billboard Hot 100; Swift's first-ever Billboard #1 hit.
- "One More Night" – Maroon 5 (2012) – Co-writer/producer. #1 on Billboard for 9 consecutive weeks, one of the longest-running hits of the year.
- "Shake It Off" – Taylor Swift (2014) – Co-writer/producer. Debuted at #1 on Billboard Hot 100, remained for four weeks.
- "Blank Space" – Taylor Swift (2014) – Co-writer/producer. #1 on Billboard Hot 100; became the fastest video to reach 1 billion views on YouTube.
- "Can't Stop the Feeling!" – Justin Timberlake (2016) – Co-writer/producer. Debuted at #1 on Billboard Hot 100; featured in Trolls movie, Oscar-nominated for Best Original Song.