KEY WEST, FLORIDA: Legendary musician Jimmy Buffett died of cancer at the age of 76. In 2019, he was reportedly diagnosed with the life-threatening disease that progressed to lymphoma.

"He lived his life in the sun, literally and figuratively," an insider told TMZ Friday, September 1.

The source noted that the singer had been receiving hospice care since Monday, August 28.

Paul McCartney reportedly sang to the songwriter during his visit to his home, a week before Buffett's death.

How many children does Jimmy Buffett have?

Buffett, who is survived by his wife Jane Slagsvol, has three children - two daughters Savannah and Sarah, and a son named Cameron.

On Friday morning, September 1, a statement announcing Buffett's death was posted to his social media accounts.

“Jimmy passed away peacefully on the night of September 1 surrounded by his family, friends, music, and dogs," read the statement posted alongside a smiling picture of Buffett.

"He lived his life like a song till the very last breath and will be missed beyond measure by so many," the post concluded.

In May 2023, Buffett canceled his performance which was part of his Second Wind Tour in Charleston, South Carolina, following a medical emergency that required him to be under hospice care.

What is Jimmy Buffett's net worth?

The 'Margaritaville' singer's net worth is estimated to be around $1 billion, according to Forbes.

Apart from being a musician, Buffett is also a businessman who has amassed a total fortune of approximately $760 million.

This estimate includes $570 million from his earnings from touring and recording endeavors, a music catalog valued at $50 million, and assets such as residences, planes, and shares in Berkshire Hathaway, totaling an estimated $140 million.

Buffett eventually turned his 1977 hit 'Margaritaville' into a venture named Margaritaville Holdings empire which is valued at approximately $180 million.

The singer-songwriter maintained a 28% stake in the venture and his thriving lifestyle brand offers various products ranging from pickleball sets, home decor, apparel, and pool floats, to tequila and margarita mix.

What remained on Jimmy Buffett's bucket list before he died?

Buffett previously opened up about what remained on his bucket list before he died.

"I have four things: Learn to hang ten. Go to space. Go to Pitcairn Island, where my Buffett ancestors are from. And go to Antartica," he said in an interview with Men's Journal in 2017.