Jaco Caraco at a Glance
- Net Worth (2025): $3 Million
- Birthdate: April 13, 1980
- Birthplace: Los Angeles, California, USA
- Profession: Guitarist, Songwriter, Music Director
- Nationality: American
- Major Achievements: Lead guitarist for The Cult, Music Director for Miley Cyrus
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What is Jaco Caraco’s Net Worth?
Jaco Caraco is an American professional guitarist, songwriter, and music director who has a net worth of $3 million. He is best known as a touring and session guitarist for high-profile artists, most notably serving as the music director for Miley Cyrus and as a key member of the legendary rock band The Cult.
His wealth has been accumulated primarily through decades of consistent work as a live performer, session musician, and from his role in shaping the live sound of major pop and rock acts. The Jaco Caraco net worth reflects a successful career built on versatility, technical skill, and reliability in the music industry.
Early Life
Jaco Caraco was born on April 13, 1980, in Los Angeles, California. Growing up in a hub of the music industry, he was exposed to a diverse range of sounds from an early age. He picked up the guitar as a child and quickly demonstrated a natural talent for the instrument.
He dedicated his teenage years to honing his craft, drawing inspiration from iconic guitarists across rock, blues, and pop genres. Unlike many of his peers who focused on forming a single band, Caraco developed a reputation in the local L.A. scene as a versatile “hired gun” capable of adapting to various musical styles, a skill that would later define his professional career.
Career
Jaco Caraco’s career is a testament to the success a musician can achieve through session work and touring rather than fronting their own band. His professional journey is marked by collaborations with some of the biggest names in music.
Career Highlights & Breakthrough Years
Caraco’s big break came when he joined the backing band for former Destiny’s Child singer Kelly Rowland. This high-profile gig opened doors to other major opportunities, establishing his name as a reliable and dynamic live performer.
His career reached a new level when he became the music director and lead guitarist for Miley Cyrus during her transformative Bangerz and Miley Cyrus & Her Dead Petz eras. This role was not just about playing guitar; as music director, he was responsible for arranging the music, leading the band, and ensuring the massive arena shows ran smoothly. This period significantly boosted his professional standing and earning power. The Jaco Caraco The Cult chapter began later, adding another significant achievement to his resume.
Joining The Cult
In recent years, Caraco has played with the iconic British rock band The Cult, handling guitar duties alongside founding member Billy Duffy. This role solidified his credentials as a rock guitarist, playing to sold-out crowds globally and contributing to the band’s enduring legacy. Performing with a legendary act like The Cult provides a steady stream of income through extensive touring.
Business Ventures & Investments
While most of Caraco’s income comes from his musical endeavors, he is also involved in the business side of music. This includes earnings from signature gear endorsements, although specific details are not publicly disclosed. Like many successful musicians, his investments are likely diversified into traditional stocks and real estate.
Personal Life
Jaco Caraco maintains a relatively private personal life, preferring to keep the focus on his music. He is known to be married, but details about his wife and family are not widely publicized.
He resides in the Los Angeles area, which allows him to remain close to the heart of the music and entertainment industry. His lifestyle is comfortable but not extravagant, reflecting a career musician focused on his craft rather than the celebrity spotlight.
Real Estate
Details regarding Jaco Caraco’s specific real estate holdings are not publicly available. However, it is standard for musicians of his caliber to own property in major hubs like Los Angeles or Nashville. A primary residence in Southern California is estimated to be his main real estate asset, contributing to his overall net worth.
Salary & Career Earnings Growth Chart
Jaco Caraco’s income is not a fixed salary but a combination of tour payments, session fees, and royalties. An artist’s earnings can fluctuate significantly year to year based on their touring schedule. Below is an estimated progression of his earning potential throughout his career.
| Year/Era (Primary Income Source[s]) | Estimated Annual Earnings |
| Early 2000s (Local gigs, session work, touring with smaller artists.) | $50,000 – $80,000 |
| Late 2000s (Kelly Rowland) (Major tour salary, television appearances.) | $150,000 – $250,000 |
| 2013–2016 (Miley Cyrus) (Music director salary, major world tours, endorsements.) | $400,000 – $700,000+ |
| Late 2010s–Present (The Cult) (Salary from a legendary rock band, festival appearances.) | $300,000 – $500,000+ |
Note: These figures are estimates based on industry standards for musicians at these levels and do not represent official financial data.
FAQ
Who is Jaco Caraco?
Jaco Caraco is a professional American guitarist, music director, and songwriter. He is best known for his work as the music director for Miley Cyrus and as a touring guitarist for the rock band The Cult.
Who is the current guitarist for The Cult?
The Cult has two main guitarists. Billy Duffy is the band’s iconic lead guitarist and a founding member. Jaco Caraco handles additional guitar duties during live performances.
What bands has Jaco Caraco played with?
Jaco Caraco has a diverse session and touring history. He has played with major artists including The Cult, Miley Cyrus, Kelly Rowland, and Aly & AJ, among others.
Is Jaco Caraco married?
Yes, Jaco Caraco is reportedly married, although he keeps details about his family and personal life private.
