Elton John Net Worth (Money & Salary)
Title: Elton John Net Worth (Money & Salary)
Last Updated: February 9, 2025
What is Elton John’s Net Worth?
With a net worth of $650 million, Elton John stands as a remarkably successful and well-known British singer, composer, pianist, and songwriter. He ranks among the most commercially successful artists in history, having sold over 300 million albums globally. This impressive achievement positions him as the fifth best-selling musical artist in modern times, following Madonna, Michael Jackson, Elvis, and The Beatles. Moreover, he regularly features as one of the highest-paid celebrities worldwide.
During a touring year, it’s common for Elton to earn upwards of $80 million from his various activities. His currently ongoing “Farewell Yellow Brick Road” tour is the second highest-grossing concert tour in history. From 2018 to 2023, this tour netted a remarkable $940 million over 330 performances. Although Taylor Swift’s “The Eras Tour” has surpassed this record, it’s important to highlight that Swift’s average gross per concert stands at $14 million, significantly exceeding Elton’s average of $2.85 million.
Sir Elton John has captured nearly every music award imaginable. Notably, his hit “Candle in the Wind” holds the distinction of being the best-selling single in both the UK and US singles chart history. He has achieved 50 songs in the Top 40, with nine reaching No. 1, and has had seven consecutive #1 albums. On January 15, 2024, he secured his “EGOT” status by winning an Emmy for Outstanding Variety Special, adding to his previous accolades that include five Grammys, an Oscar, two Golden Globes, and a Tony Award. He becomes the 19th individual to achieve EGOT status. In the realm of the US Billboard charts, John is recognized as the most successful solo artist and the first solo performer to have UK Top 10 singles over six decades.
Andrew H. Walker/Getty Images
Early Life
Born Reginald Dwight on March 25, 1947, in Middlesex, England, Elton John began playing the piano at the tender age of three on his grandmother’s piano. By seven, he was taking formal lessons and earned a scholarship to London’s Royal Academy of Music at eleven. His father, a military man, unsuccessfully attempted to guide him towards a more conventional career in banking. When he was 14, his parents divorced. His mother remarried Fred Farebrother, a local painter, who became a supportive and nurturing stepfather. Elton, along with his mother and stepfather, moved into an apartment; even during times of immense success with four Top 40 albums in the United States, he continued to reside there. Encouraged by his stepfather, a 15-year-old Reginald secured a weekend piano gig at a local establishment.
In 1966, he and his friends established the band Bluesology. It was during this period that he adopted the name Elton John, a tribute to blues legends Elton Dean and Long John Baldry.
During this time, Elton encountered songwriter Bernie Taupin. Their partnership would eventually lead to…over 30 albums in collaboration, which resulted in sales exceeding 300 million copies.
Rise to Success
In 1969 and 1970, Elton John released his debut albums, Empty Sky and Elton John, respectively. He achieved seven consecutive chart-topping albums between 1972 and 1975. In 1973, he founded his own record label, The Rocket Record Company, which also released albums by Neil Sedaka. Notably, he chose not to publish his own music through his label, and instead, he signed an $8 million contract with MCA, equivalent to about $40 million when adjusted for inflation.
During the 1980s, Elton continued to release successful albums, and in 1992, he and Taupin entered into a twelve-year contract with Warner Bros. Records valued at $39 million, marking the largest cash advance in music history at that time. In 1994, he created the score for the Disney animated film The Lion King, earning a Grammy Award for Best Song and achieving diamond certification in 1999 for selling fifteen million copies. Following the death of Princess Diana of Wales in 1997, John re-released his classic “Candle in the Wind” from 1973. This rendition became the best-selling single in recording history and won John his only Grammy for Best Male Pop Recording. As of 2023, John remains active in touring, stage composing, and releasing best-selling albums.
Personal Life
From 1984 to 1988, he was married to German recording engineer Renata Blauel. Eventually, he came out and has been in a relationship with filmmaker David Furnish since 1993; the two entered into a civil partnership in 2005. Following the legalization of same-sex marriage in the United Kingdom, they married in December 2014. They have two sons, Zachary Jackson Levon Furnish-John and Elijah Joseph Daniel Furnish-John, both born through the same surrogate. Elton John also has ten godchildren.
Highest-Paid Celebrities
Elton consistently ranks as one of the highest-paid entertainers globally. Between June 2017 and June 2018, he earned $45 million. From 2011 to 2018, Elton enjoyed a Las Vegas residency called The Million Dollar Piano, negotiating a deal that granted him 88% of the door revenues for each performance, translating to approximately $500,000 per show.
His final tour, Farewell Yellow Brick Road, set a record as the highest-grossing tour ever, amassing $853 million over 293 performances.
(Photo by Kevin Winter/Getty Images)
Elton John Net Worth Milestones
In 2000, Elton’s net worth was “only” $100 million, and during that period, he was well recognized for his extravagant spending habits. He later confessed to spending $2 million monthly in the late ‘90s, which totaled around $40 million during that time frame. For instance, in just one six-month span in 1996, he spent over $12 million on real estate and half a million on flowers. He amassed a museum-worthy collection of cars. In June 2001, he sold 20 vehicles that he had never driven, including a $300,000 1993 Jaguar, Ferraris, Bentleys, and more.Rolls Royces.
When we first included Elton John in Celebrity Net Worth in 2009, his personal wealth was recorded at $265 million. By 2011, it had decreased to over $240 million. In 2013, we adjusted his net worth to $300 million. As of 2020, his asset value had escalated, culminating in a total worth of half a billion dollars.
Art Collection
Recognized as one of the most astute celebrity art collectors globally, Elton’s art collection could easily fetch around $200 million in a favorable market. His collection features works by renowned artists like Mapplethorpe, Warhol, Basquiat, Haring, and Damien Hirst, among others. In 2004, he auctioned 70 photographs from his collection for a total of $900,000. His extensive photography collection ranks among the largest worldwide.
Real Estate
Since 1974, Elton John has resided primarily at a sizable estate known as Woodside located in Old Windsor, Berkshire, England. This 37-acre estate has roots dating back to the 1750s. In 1974, Elton purchased the property for 400 thousand pounds, which equates to about $5 million USD today, considering inflation and currency changes. Prior to this, he had been living mainly with his mother and stepfather in a modest apartment. In 1988, he auctioned off the entire contents of the home for $8 million, subsequently embarking on a complete refurbishment of the estate.
Additionally, Elton possesses homes in Atlanta, Los Angeles, Nice, London, and Venice.
He secured his Beverly Hills estate for $33 million in October 2015. This nearly 20-acre gated property was custom-built in 2001 for the former owner, Guess co-founder Armand Marciano. Before Elton’s ownership, it was listed for $63 million. The main residence spans 25,000 square feet and features an 11-car underground garage, a screening room, a wine cellar, a gym, and much more.
In a nearby area, he acquired another home for $7.2 million in 2012. In September 2021, he purchased a half-acre property next door for $8.5 million.
In 1992, Elton purchased a 2,500-square-foot penthouse in Atlanta, Georgia. Over the following two decades, he acquired five additional units in the same building, ultimately merging them to create a 13,000-square-foot penthouse. He cherished the convenience of flying to and from Atlanta while on tour and developed a fondness for Georgia. He listed the penthouse for sale in September 2023 for just under $5 million, and a month later, it sold for just under $14 million. Here’s a video tour of Elton’s former Atlanta penthouse:
In 2022, Elton expanded his real estate portfolio by acquiring a penthouse in Toronto.
Ferrari Testarossa
To celebrate his 40th birthday in 1987, MCA Records gifted the diligent musician a red 1987 Ferrari Testarossa. Popularized by its appearance in the original series of “Miami Vice,” the Ferrari Testarossa was the epitome of cool. Capable of reaching speeds of 180 miles per hour and going from 0-60 in 5.2 seconds, it is likely the most iconic car from the 1980s. Before Elton sold it at auction in 2001, this birthday gift had been sitting in Australia for years with only 12,427 miles on the odometer.
Antoine Antoniol/Getty Images
Elton John Net Worth (Money & Salary)
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The data presented is from 2023 and 2024, with forecasts extending to 2025 and 2026. We also include projections for 2027 and 2028.
* 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.
Post Title: Elton John Net Worth (Money & Salary)
Last Updated: February 9, 2025