Elton John Net Worth (Money & Salary)
Title: Elton John Net Worth (Money & Salary)
Last Updated: February 2, 2025
What is Elton John’s Net Worth?
With a net worth of $650 million, Elton John stands out as a highly successful and beloved British singer, composer, pianist, and songwriter. His commercial success places him among the most prominent artists ever, having sold over 300 million albums globally. This achievement ranks him as the fifth best-selling musical artist in modern history, following Madonna, Michael Jackson, Elvis Presley, and The Beatles. He routinely appears on lists of the highest-paid celebrities worldwide.
In years when he tours, Elton can bring in over $80 million from his various income streams. Notably, his “Farewell Yellow Brick Road” tour is recognized as the second highest-grossing concert tour in history, grossing $940 million over 330 shows between 2018 and 2023. While Taylor Swift’s “The Eras Tour” has surpassed that total, it is interesting to note that her average gross per concert of $14 million is significantly higher than Elton’s average of $2.85 million.
Sir Elton John boasts a collection of almost every music award imaginable. His hit, “Candle in the Wind,” remains the best-selling single in the histories of both the UK and US singles charts. He has achieved 50 songs in the Top 40—with nine reaching No. 1—and has enjoyed seven consecutive #1 albums. On January 15, 2024, he added to his accolades by winning an Emmy for Outstanding Variety Special, securing his “EGOT” status. His previous accolades include five Grammys, an Oscar, two Golden Globes, and a Tony Award, making him the 19th individual to achieve EGOT status. Elton John is recognized as the most successful solo artist on the US Billboard charts and the first to have UK Top 10 singles across 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 instrument. He started formal piano lessons at seven years old and, by eleven, had secured a scholarship to London’s Royal Academy of Music. His father, a military figure, attempted to guide him toward a more conventional banking career, a prospect that ultimately failed. After his parents divorced when he turned 14, his mother married Fred Farebrother, a local painter who turned out to be a nurturing stepfather. Elton, alongside his mother and stepfather, moved into an apartment where he continued living even during his success with four Top 40 albums in the United States. His stepfather played a crucial role in helping the 15-year-old Reginald find a weekend job performing piano at a local venue.
In 1966, Elton and a group of friends founded the band Bluesology. It was also during this period that he adopted the name Elton John, which served as a tribute to blues icons Elton Dean and Long John Baldry.
During this time, Elton crossed paths with songwriter Bernie Taupin, and their collaboration would lead to remarkable success.
more than 30 albums through collaboration, which collectively would go on to sell over 300 million copies.
Rise to Success
In 1969 and 1970, Elton John debuted his first albums, Empty Sky and Elton John. Between 1972 and 1975, he secured seven consecutive chart-topping albums. In 1973, he established his own record label, The Rocket Record Company, which also included releases from Neil Sedaka. Notably, instead of publishing his music under his label, he entered into an $8 million agreement with MCA, equivalent to about $40 million when adjusted for inflation.
Throughout the 1980s, Elton released a string of successful albums, and in 1992, he and Taupin entered into a twelve-year contract with Warner Bros. Records for $39 million, marking the largest cash advance in music history at that time. In 1994, he wrote the music for Disney’s animated film The Lion King, which won a Grammy Award for Best Song and achieved “diamond” status in 1999 for selling fifteen million copies. Following the passing of Princess Diana of Wales in 1997, John re-released his classic “Candle in the Wind,” which became the best-selling single in recording history and earned John his only Grammy for Best Male Pop Recording. As of 2023, John remains active in touring, composing for the stage, and releasing chart-topping albums.
Personal Life
He was in a marriage with German recording engineer Renata Blauel from 1984 to 1988. Later, he publicly came out and formed a relationship with filmmaker David Furnish, starting in 1993. They entered a civil partnership in 2005, and after same-sex marriage was legalized in the United Kingdom, they wed in December 2014. The couple is blessed with two sons, Zachary Jackson Levon Furnish-John and Elijah Joseph Daniel Furnish-John, both born through the same surrogate. Additionally, Elton John has ten godchildren.
Highest-Paid Celebrities
Elton consistently ranks as one of the highest-paid entertainers globally. From June 2017 to June 2018, he earned $45 million. Between 2011 and 2018, he held a residency in Las Vegas called The Million Dollar Piano, where he negotiated an agreement that entitled him to 88% of the door revenues for each show, resulting in around $500,000 in earnings per performance.
His final tour, Farewell Yellow Brick Road, achieved unprecedented success, grossing $853 million across 293 shows, making it the highest-grossing tour in history.
(Photo by Kevin Winter/Getty Images)
Elton John Net Worth Milestones
In 2000, Elton’s net worth stood at “only” $100 million. During this phase of his life, he became infamous for his extravagant spending. He later confessed to expending $2 million monthly in the late 90s, totaling approximately $40 million for that period. For instance, in one six-month timeframe in 1996, he spent more than $12 million on real estate and $500,000 on floral arrangements. His collection of cars reached a museum-level status. In June 2001, he sold 20 cars that he had never driven, which included a $300,000 1993 Jaguar, along with Ferraris, Bentleys, and more.
Rolls Royces.
When we first included Elton John in Celebrity Net Worth in 2009, his personal wealth was estimated at $265 million. By 2011, it had surpassed $240 million. In 2013, we adjusted his net worth to $300 million. By the year 2020, his assets had appreciated significantly, reaching a total worth of half a billion dollars.
Art Collection
Elton is renowned as one of the most knowledgeable celebrity art collectors globally. In the right market, his art collection alone could be valued at around $200 million. His collection features works from notable artists such as Mapplethorpe, Warhol, Basquiat, Haring, Damien Hirst, and many others. In 2004, he auctioned off 70 photographs from this collection for $900,000. His photography collection is considered one of the largest in existence.
Real Estate
Elton John has owned a large estate known as Woodside in Old Windsor, Berkshire, England, since 1974. This 37-acre estate has historical roots dating back to the 1750s. He purchased the property in 1974 for 400,000 pounds, which is approximately equivalent to $5 million USD today, accounting for inflation and currency fluctuations. As previously noted, before this, he primarily resided with his mother and stepfather in their modest apartment. In 1988, he sold the entire contents of the estate for $8 million at auction, then proceeded to renovate and redecorate the entire property.
Elton also possesses residences in Atlanta, Los Angeles, Nice, London, and Venice.
In October 2015, he acquired his Beverly Hills estate for $33 million. This nearly 20-acre gated property was custom-built in 2001 for its previous owner, Guess co-founder Armand Marciano. Prior to Elton’s purchase, it had been listed on the market for $63 million. The main house measures 25,000 square feet and features an 11-car underground garage, screening room, wine cellar, gym, and many other amenities.
In addition to this property, he bought a nearby home for $7.2 million in 2012. Later, in September 2021, Elton paid $8.5 million for a half-acre neighboring property.
In 1992, he purchased a 2,500-square-foot penthouse in Atlanta, Georgia. Over two decades, he acquired five additional units in the same building, ultimately combining them into a spacious 13,000-square-foot penthouse. Elton appreciated the convenient travel to and from Atlanta during his tours and eventually developed a fondness for Georgia overall. He listed the unit for sale in September 2023 at just under $5 million. A month later, he sold it for slightly under $14 million. Below is a video tour of Elton’s former Atlanta penthouse:
In 2022, he expanded his real estate portfolio by acquiring a penthouse in Toronto.
Ferrari Testarossa
For his 40th birthday in 1987, MCA Records presented the hardworking musician with a special gift: a red 1987 Ferrari Testarossa. This model gained fame through its appearance on the original “Miami Vice” series launched in 1987, and it represented an epitome of coolness. Capable of reaching a speed of 180 miles per hour and accelerating from 0 to 60 in 5.2 seconds, the Ferrari Testarossa is arguably one of the most iconic cars of the 1980s. Sir Elton’s birthday gift sat in Australia for years before he sold it at auction in 2001, at which point it had only clocked 12,427 miles.
Antoine Antoniol/Getty Images
Elton John Net Worth (Money & Salary)
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The data referenced is from 2023 and 2024, with forecast data available for 2025 and 2026. Additionally, we provide extended forecasts through 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.
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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.
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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 2, 2025