Karl Walter/Getty Images
Karl Walter/Getty Images

Today (Oct. 27) we remember Lou Reed. The singer, guitarist, and main songwriter of the Velvet Underground died on Oct. 27, 2013 at the age of 71 due complications from a liver transplant.
Lou Reed had a career that spanned decades. The Velvet Underground was a commercial failure in the 1960's, but the group gained cult status in the years since it's demise and has gone on to become one of the most influential bands of the era. Reed's solo album Transformer was a critically acclaimed release that featured the hit single 'Walk on the Wild Side'. The album ranked on Rolling Stone magazine's list of the 500 greatest albums of all time.

A report in June of 2014 said that according to Lou Reed's longtime manager Robert Gotterer, Reed's estate had earned $20 million since his passing.

Check out Lou Reed performing the Velvet Underground classic 'Sweet Jane' live.