What is Elton John’s Net Worth?
Elton John is a British singer-songwriter, pianist, and composer known worldwide for his beautiful, timeless music. With a career spanning over 50 years, he has sold over 300 million records and is one of the best-selling music artists of all time. But besides his incredible talent, what is Elton John net worth? In this article, we will dive deep into the financial world of this rock legend and explore how he amassed his fortune.
Elton John, whose real name is Reginald Kenneth Dwight, is a famous singer, pianist, and composer from Pinner, Middlesex. He was born to parents Stanley Dwight and Sheila Eileen, who both loved music. Elton’s passion for performing started at a young age of six, when he would sing and play the piano at family gatherings. When he turned seven, he began formal piano lessons.
Elton attended Pinner Wood Junior School, Pinner County Grammar School, and Reddiford School for his education, but he eventually decided to pursue a career in music and left his academics behind.
Elton’s talent for playing the piano was evident from a young age, and by the time he was 11, he was awarded a scholarship to the prestigious Royal Academy of Music, where he studied for five years. He was deeply influenced by composers like Frederic Chopin and Johann Sebastian Bach, and he used to sing in the choir during Saturday classes. Elton’s dedication to music and his early accomplishments show his remarkable talent and passion for his craft.
Early Successes and Record Label Ventures
Elton John, a famous singer and composer, released his first albums called “Empty Sky” and “Elton John” in 1969 and 1970 respectively. He achieved great success with seven consecutive albums reaching the top of the charts from 1972 to 1975. In 1973, he even started his own record label called The Rocket Record Company, but interestingly, he didn’t release his own music on it. Instead, he signed a deal worth $8 million with MCA, which would be equivalent to around $40 million in today’s money after adjusting for inflation.
Career Highlights and Achievements
Throughout the 1980s, Elton continued to release successful albums, and in 1992, he and his collaborator Bernie Taupin signed a groundbreaking contract with Warner Bros. Records for a staggering $39 million over twelve years. This was the largest cash advance ever given in the history of music up to that point.
In 1994, Elton composed the music for the Disney animated movie “The Lion King”, which included the Grammy Award-winning Best Song. The soundtrack was a massive hit, selling fifteen million copies and earning a “diamond” certification in 1999.
In 1997, as a tribute to the late Princess Diana of Wales, Elton re-released his 1973 classic “Candle in the Wind”. This 1997 version became the best-selling single in recording history and earned Elton his only Grammy Award for Best Male Pop Recording.
Even to this day, Elton John continues to tour, compose music for stage productions, and release best-selling albums. His music has left a lasting impact on the music industry, and he remains a highly regarded figure in the world of music.
Elton John has been open about his struggles with drug addiction and alcoholism throughout his career. He has also been an advocate for LGBT rights and has been involved in numerous charitable causes, such as raising awareness about AIDS and supporting children affected by HIV.
In 2005, Elton John married David Furnish, a Canadian filmmaker, in a civil partnership ceremony in England. The couple has two sons, Zachary and Elijah, born via surrogate.
How Does Elton John Spend His Money?
With a net worth estimated at $500 Million, Elton John certainly has the means to indulge in his passions and live a lavish lifestyle. He owns several properties worldwide, including a mansion in Beverly Hills and an apartment in Atlanta. He also has a large collection of art, which includes works by some of the most celebrated artists of the 20th century, such as Andy Warhol and Damien Hirst.
Elton John is also known for his extravagant parties and social events. In 2018, he threw a star-studded bash to celebrate his 70th birthday, inviting the likes of Lady Gaga, Katy Perry, and Stevie Wonder. The party reportedly cost around $2 million and featured a giant cake shaped like a piano.
Besides his personal expenses, Elton John is heavily involved in philanthropic work. He founded the Elton John AIDS Foundation in 1992, which has raised over $400 million to support programs aimed at fighting HIV/AIDS worldwide. He has also donated millions of dollars to other causes, such as cancer research and the welfare of animals.
Elton John, a world-renowned musician and one of the best-selling music artists of all time, has had an illustrious career spanning over five decades. Known for his unique style and talent, he has made a lasting impact on the music industry.
Throughout his career, Elton John has demonstrated exceptional talent in combining various musical elements such as pop and rock into his music, creating a distinctive and energetic sound. He was also one of the first artists to incorporate synthesized instruments alongside electric guitar and acoustic piano in his songs.
Frequently Asked Questions About Elton John
How much is Elton John worth?
Elton John’s net worth is estimated to be around $500 Million.
What is Elton John’s most famous song?
Elton John has many famous songs, but some of his best-known hits are “Rocket Man,” “Tiny Dancer,” and “Your Song.”
How many records has Elton John sold?
Elton John has sold over 300 million records worldwide, making him one of the best-selling music artists of all time.
What is the Elton John AIDS Foundation?
The Elton John AIDS Foundation is a non-profit organization that aims to improve the lives of people affected by HIV/AIDS. It raises funds to support programs in over 20 countries worldwide.
Does Elton John still perform?
Elton John announced his Farewell Yellow Brick Road Tour in 2018, which was originally scheduled to end in 2021 but has been extended due to the COVID-19 pandemic. He has also performed several virtual concerts during the pandemic.
How tall is Elton John?
Elton John is approximately 5 ft 7 in (1.72 m) tall.