Elton John, a highly popular British singer, composer, pianist, and songwriter, boasts a net worth estimated at $650 million. Known as one of the most commercially successful artists in history, he has globally sold over 300 million albums. This outstanding figure places him as the fifth best-selling musical artist in modern history, following Madonna, Michael Jackson, Elvis, and The Beatles. Elton John consistently ranks among the highest-paid celebrities globally.
In a year of touring, Elton’s earnings can easily exceed $80 million from various ventures. Notably, his “Farewell Yellow Brick Road” tour holds the record as the second highest-grossing concert tour of all time, having grossed $940 million across 330 shows from 2018 to 2023. While Taylor Swift’s “The Eras Tour” subsequently broke this record, Taylor’s average gross per concert at $14 million surpasses Elton’s $2.85 million.
Sir Elton John has garnered numerous music awards throughout his career, with his song “Candle in the Wind” standing as the best-selling single in both UK and US singles chart history. His list of achievements includes 50 songs in the Top 40, nine reaching No. 1, and seven consecutive #1 albums. Recently, on January 15, 2024, he secured “EGOT” status by winning an Emmy for Outstanding Variety Special, joining an exclusive group of individuals. Previously, he had clinched five Grammys, an Oscar, two Golden Globes, and a Tony Award. Elton John holds the record as the most successful solo artist on the US Billboard charts and the initial solo artist to have UK Top 10 singles across six decades.
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Reginald Dwight, better known as Elton John, was born on March 25, 1947, in Middlesex, England. Introduced to the piano at age three on his grandmother’s piano, he commenced formal lessons at seven, earning a scholarship to London’s Royal Academy of Music at eleven. Despite his father’s attempts to steer him towards a conventional banking career, the eventual legendary musician found a caring and supportive stepfather in local painter Fred Farebrother after his parents’ divorce. Elton, along with his mother and stepfather, resided in an apartment where he lived even during the peak of his US album successes. At 15, his stepfather aided Reginald in securing a weekend piano gig at a local pub.
In 1966, he co-founded the band Bluesology with friends and adopted the moniker Elton John, inspired by blues greats Elton Dean and Long John Baldry.
During this period, Elton crossed paths with songwriter Bernie Taupin, resulting in a prolific collaboration that spanned over 30 albums and exceeded 300 million copies sold.
Elton John’s inaugural albums, “Empty Sky” and “Elton John” released in 1969 and 1970, respectively, paved the way for seven consecutive chart-topping albums between 1972 and 1975. Establishing his record label, The Rocket Record Company, in 1973, he signed Neil Sedaka while opting not to release his music through his label, instead inking an $8 million deal with MCA, equivalent to approximately $40 million today, adjusted for inflation.
The 1980s witnessed Elton’s continued success, culminating in a $39 million, twelve-year collaboration with Warner Bros. Records in 1992 alongside Taupin. This deal marked the largest-ever advance in music history. His composition for the Disney film “The Lion King” in 1994 earned a Grammy for Best Song and achieved “diamond” status for selling fifteen million copies by 1999. Following the death of Princess Diana in 1997, John re-released his 1973 hit “Candle in the Wind,” which became the highest-selling single in history and garnered a Grammy for Best Male Pop Recording. To date, Elton John’s musical journey encompasses ongoing tours, stage compositions, and chart-topping albums.
From 1984 to 1988, Elton John was wed to German recording engineer Renata Blauel. Subsequently revealing his orientation, he has been romantically involved with filmmaker David Furnish since 1993, with whom he formed a civil partnership in 2005 and later legally married post the legalization of same-sex marriage in the UK in December 2014. The couple shares two sons, Zachary Jackson Levon Furnish-John and Elijah Joseph Daniel Furnish-John, both born via the same surrogate. Additionally, Elton John serves as godfather to ten individuals.
Elton ranks consistently among the highest-earning entertainers globally. During the period spanning June 2017 to June 2018, he amassed $45 million. Holding a Las Vegas residency labeled The Million Dollar Piano from 2011 to 2018, Elton negotiated a lucrative deal, securing 88% of door revenues for each show, translating to around $500,000 per performance.
His final tour, Farewell Yellow Brick Road, set a historic record as the top-grossing tour ever, fetching $853 million over 293 shows.
Elton John Net Worth Milestones
Elton John’s net worth in 2000 was “$100 million only”. It was during this period that he gained a reputation for extravagant spending. He later revealed spending $2 million per month in the late ’90s, totaling roughly $40 million over that time. For instance, in just six months in 1996, he spent over $12 million on residences and half a million dollars on flowers. He amassed an impressive collection of automobiles, some of which he sold in June 2001, including a $300,000 1993 Jaguar, as well as Ferraris, Bentleys, and Rolls Royces that he had never driven.
When Elton John was first included in Celebrity Net Worth in 2009, his personal wealth was $265 million. By 2011, it had surpassed $240 million. In 2013, his net worth was adjusted to $300 million. By 2020, his assets had grown to a value that made him worth half a billion dollars.
Art Collection
Elton John is recognized as one of the most astute celebrity art collectors globally. His art collection could easily exceed $200 million in the appropriate market. His collection features works by acclaimed artists such as Mapplethorpe, Warhol, Basquiat, Haring, and Damien Hirst, among others. In 2004, Elton sold 70 photographs from his collection for $900,000. His photography collection is one of the largest in the world.
Real Estate
Since 1974, Elton John’s main residence has been the grand estate Woodside in Old Windsor, Berkshire, England. Woodside is a 37-acre estate dating back to the 1750s. Elton purchased the property in 1974 for 400 thousand pounds, equivalent to roughly $5 million USD today. In 1988, he auctioned off the entire house’s contents for $8 million before embarking on a complete refurbishment.
Elton also possesses residences in Atlanta, Los Angeles, Nice, London, and Venice. In October 2015, he bought his Beverly Hills estate for $33 million. The property, custom-built in 2001 for the former owner Armand Marciano, spans nearly 20 acres, featuring a 25,000-square-foot main house with luxurious amenities.
In 1992, Elton acquired a 2,500-square-foot penthouse in Atlanta, gradually expanding it into a 13,000-square-foot penthouse over two decades. He listed the unit for sale in September 2023 for just under $5 million, selling it in October for nearly $14 million.
Moreover, in 2022, Elton purchased a penthouse in Toronto.
Ferrari Testarossa
In 1987, as a gift for his 40th birthday, Elton received a red 1987 Ferrari Testarossa from MCA Records. This iconic vehicle, renowned from the ’80s show “Miami Vice”, could hit speeds of 180 miles per hour and accelerate from 0-60 in 5.2 seconds. Elton sold the car at auction in 2001, which had only accumulated 12,427 miles by then.
<![CDATA[]]Elton John Net Worth (Money & Salary)Data is from 2023 and 2024 and the forecast data is for 2025 and 2026. Additionally, we will expand the forecast data to cover 2027 and 2028. REFERENCES: This information was taken from various sources around the world, including these countries: Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates. Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan. Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi. Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic. Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories. Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy. Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg. Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar. Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway. Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe. Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria. Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands. Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
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