Elton John Net Worth (Money & Salary)
Title: Elton John Net Worth (Money & Salary)
Last Updated: February 5, 2025
What is Elton John’s Net Worth?
Elton John, an extraordinarily successful British singer, composer, pianist, and songwriter, boasts a net worth of $650 million. He ranks among the most commercially successful artists in history, having sold over 300 million albums globally. This achievement secures his position as the fifth best-selling musical artist in modern history, following Madonna, Michael Jackson, Elvis, and The Beatles. Consistently, he ranks as one of the highest-paid celebrities worldwide.
During a typical touring year, Elton can readily earn more than $80 million through various ventures. Additionally, his “Farewell Yellow Brick Road” tour ranks as the second highest-grossing concert tour in history. From 2018 to 2023, the tour, spanning over 330 shows, grossed $940 million. While Taylor Swift’s “The Eras Tour” has set a new tour-grossing record, it’s noteworthy that her average gross per concert of $14 million significantly surpasses Elton’s average gross of $2.85 million.
Sir Elton John has received nearly every music award available. His song “Candle in the Wind” stands as the best-selling single in both UK and US singles chart history. He has achieved 50 songs in the Top 40, with nine reaching No. 1, along with seven consecutive #1 albums. On January 15, 2024, he achieved “EGOT” status by winning an Emmy for Outstanding Variety Special, following five Grammy wins, an Oscar, two Golden Globes, and a Tony Award. He is the 19th individual ever to attain EGOT status, and he holds the title of the most successful solo artist in US Billboard chart history, as well as being the first solo artist with UK Top 10 singles spanning six decades.
Andrew H. Walker/Getty Images
Early Life
Elton John was born as Reginald Dwight on March 25, 1947, in Middlesex, England. At the age of three, he began playing the piano on his grandmother’s instrument. By the age of seven, he commenced formal lessons and, at eleven, was awarded a scholarship to the Royal Academy of Music in London. His father, who served in the military, attempted to guide him toward a conventional career in banking, but without success. When he was 14, his parents separated, and subsequently, his mother married Fred Farebrother, a local painter who turned out to be a nurturing and supportive stepfather. Elton, along with his mother and stepfather, moved into an apartment, which he continued to inhabit even during the height of his career, marked by four Top 40 albums in the United States. His stepfather also facilitated a weekend piano gig for the 15-year-old Reginald at a local venue.
In 1966, he formed a band called Bluesology with his friends, during which time he adopted the stage name Elton John, paying tribute to blues icons Elton Dean and Long John Baldry.
It was during this period that Elton met songwriter Bernie Taupin. Together, they would go on to create a formidable partnership…
collaborate on more than 30 albums, resulting in over 300 million copies sold.
Rise to Success
In 1969 and 1970, Elton John debuted with his first albums, Empty Sky and Elton John, respectively. From 1972 to 1975, he enjoyed a remarkable run, with seven albums consecutively reaching the top of the charts. In 1973, he established his own record label, The Rocket Record Company, which produced albums by Neil Sedaka. Notably, he chose not to release his own music through his label and instead secured an $8 million contract with MCA, which is approximately $40 million when adjusted for inflation.
Throughout the 1980s, Elton continued to release hit albums and in 1992, he and Taupin signed a twelve-year, $39 million contract with Warner Bros. Records, 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 was certified “diamond” in 1999 after 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 version became the highest-selling single in recording history and earned John his sole Grammy for Best Male Pop Recording. As of 2023, he remains active in touring, stage composition, and releasing best-selling albums.
Personal Life
From 1984 to 1988, he was married to German recording engineer Renata Blauel. Eventually, he publicly came out and has been in a relationship with filmmaker David Furnish since 1993. The couple entered into a civil partnership in 2005 and married in December 2014, following the legalization of same-sex marriage in the United Kingdom. They are parents to two sons, Zachary Jackson Levon Furnish-John and Elijah Joseph Daniel Furnish-John, both born via the same surrogate. Additionally, Elton John has ten godchildren.
Highest-Paid Celebrities
Elton consistently ranks among the highest-paid entertainers globally. Between June 2017 and June 2018, he amassed $45 million. From 2011 to 2018, he held a residency in Las Vegas known as The Million Dollar Piano, where he arranged to receive 88% of the door revenues per show. This deal amounted to approximately $500,000 in earnings for each performance.
His final tour, Farewell Yellow Brick Road, set a record as the highest-grossing tour of all time, generating $853 million across 293 shows.
(Photo by Kevin Winter/Getty Images)
Elton John Net Worth Milestones
In 2000, Elton’s net worth was “only” $100 million. At this stage, he was notorious for being a lavish spender. He later confessed to spending about $2 million each month during the late 90s, totaling around $40 million during that period. For instance, during a six-month span in 1996, he spent over $12 million on properties and half a million on flowers. He built a museum-quality collection of cars. In June 2001, he sold 20 cars that had never been driven, which encompassed a $300,000 1993 Jaguar, along with Ferraris, Bentleys, and more.Rolls Royces.
When we first included Elton John in Celebrity Net Worth back in 2009, his personal wealth was estimated at $265 million. By 2011, this figure had dropped slightly to $240 million. We adjusted his net worth to $300 million in 2013. Fast forward to 2020, and his total assets had surged to an impressive half a billion dollars.
Art Collection
Renowned for being one of the most astute celebrity art collectors globally, Elton boasts an art collection that could easily fetch $200 million in the right market conditions. His collection features works by notable artists such as Mapplethorpe, Warhol, Basquiat, Haring, and Damien Hirst, among others. In 2004, Elton auctioned off 70 photographs from his collection for an impressive $900,000. His photography collection ranks among the largest in the world.
Real Estate
Since 1974, Elton John’s principal residence has been Woodside, a large estate located in Old Windsor, Berkshire, England. This 37-acre estate has roots dating back to the 1750s. Upon acquiring the property in 1974 for 400 thousand pounds, approximately equivalent to $5 million USD today due to inflation and currency fluctuations, he transitioned from living primarily with his mother and stepfather in a small apartment. By 1988, he auctioned off all the contents of the house for $8 million and then embarked on a comprehensive refurbishment of the property.
In addition to Woodside, Elton owns residences in locations such as Atlanta, Los Angeles, Nice, London, and Venice.
He purchased a Beverly Hills estate for $33 million in October 2015. This nearly 20-acre gated property, originally built in 2001 for Guess co-founder Armand Marciano, once had an asking price of $63 million prior to Elton’s acquisition. The main house features 25,000 square feet of living space and includes an 11-car subterranean garage, a screening room, a wine cellar, a gym, and much more.
Elton also owns another nearby home he acquired for $7.2 million in 2012. In September 2021, he purchased a half-acre property next door for $8.5 million.
In 1992, he bought a 2,500-square-foot penthouse in Atlanta, Georgia. Over the next twenty years, he acquired five additional units in the building, ultimately merging them into a sprawling 13,000-square-foot penthouse. Elton appreciated the convenience of flying in and out of Atlanta during tours and developed a fondness for Georgia. In September 2023, he listed this unit for just under $5 million and sold it the following month for nearly $14 million. Check out this video tour of his former Atlanta penthouse:
In 2022, Elton expanded his real estate holdings by acquiring a penthouse in Toronto.
Ferrari Testarossa
To celebrate his 40th birthday in 1987, MCA Records gifted the hardworking musician a red 1987 Ferrari Testarossa. Gaining fame from its appearance on the original run of “Miami Vice” in the same year, the Ferrari Testarossa represented the pinnacle of cool. Capable of reaching speeds of 180 miles per hour and accelerating from 0-60 in just 5.2 seconds, the Ferrari Testarossa stands out as one of the most iconic cars of the 1980s. Sir Elton kept this birthday gift in Australia for several years before selling it at auction in 2001, having only clocked 12,427 miles on the odometer.
Antoine Antoniol/Getty Images
Elton John Net Worth (Money & Salary)
We appreciate your interest in this article titled: Elton John Net Worth (Money & Salary)
The data is sourced from 2023 and 2024, with predictions extending to 2025 and 2026. Additionally, we foresee trends reaching towards 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 5, 2025