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He and Arma Angelus' bassist Joe Trohman founded the pop-punk band Fall Out Boy after Trohman introduced Pete to a musical acquaintance, Patrick Stump.Andy Hurley agreed to drum part-time, but only joined the band full-time later.After graduating from high school in 1997, he attended De Paul University where he studied political science, dropping out one quarter shy of graduation to focus on Fall Out Boy.Birthright, Extinction, Arma Angelus (alongside Tim Mc Ilrath, frontman of Rise Against), Yellow Road Priest, and Racetraitor.During Fall Out Boy's hiatus from 2009 to 2012, Wentz formed the experimental, electropop and dubstep group Black Cards.He owns a record label, DCD2 Records, which has signed bands including Panic! Fall Out Boy returned from hiatus in February 2013, and have since released 3 number-one albums; Save Rock and Roll, American Beauty/American Psycho, and Mania.
This album would later be digitally remastered and reissued after the band's third, successful full-album release From Under the Cork Tree, on the major label Island Records.
He started to have panic attacks when he was 25 years old.
The title track of the band's debut album Mister Asylum was about that time in his life.
He is best known for being the bassist, lyricist, and backing vocalist for the American rock band Fall Out Boy.
Before Fall Out Boy's inception in 2001, Wentz was a fixture of the Chicago hardcore scene and was the lead vocalist and lyricist for Arma Angelus, a metalcore band.
In 2002, Arma Angelus, the band in which Wentz was the vocalist, played its last show.