On March 25, 1947, in Middlesex, England, Reginald Dwight became the father of Elton John. At age three, he started practicing on his grandmother’s piano.
At the age of seven, he began taking official lessons. At the age of eleven, he was awarded a scholarship to the Royal Academy of Music in London.
His military father attempted in vain to persuade him to choose a more conventional career in banking. Elton was fourteen when his parents split up. After that, his mother wed local painter Fred Farebrother, who turned out to be a loving and supportive stepfather.
Though Elton, his mother, and his stepfather moved into the apartment, he would subsequently stay there even when he had four Top 40 albums in the US. His stepfather assisted 15-year-old Reginald in securing a weekend piano engagement at a nearby piano.
He started the band Bluesology in 1966 with a few of his pals. He started going by the moniker Elton John around this period. Elton Dean and Long John Baldry, two blues greats, were honored in the name.
Around this period, Bernie Taupin and Elton met. They would later work together on more than 30 albums that would collectively sell more than 300 million copies.
Elton John Net Worth
Elton John is a very well-known and prosperous British pianist, singer, composer, and songwriter. Elton John’s net worth is $500 million as of this writing. One of the all-time most commercially successful musicians is Elton John.
He has sold more than 300 million albums globally as of this writing. He now ranks behind Madonna, Michael Jackson, Elvis Presley, and The Beatles as the artist with the fifth-highest number of sales in music history.
He routinely ranks among the world’s highest-paid celebrities. Elton can easily make over $80 million from his different endeavors in a touring year.
Elton John Personal Life
From 1984 to 1988, he was wed to German recording engineer Renata Blauel. He ultimately came out, and since 1993, he has been dating director David Furnish. In 2005, the two entered into a civil partnership.
Elton John Career
In 1969 and 1970, respectively, Elton John and Empty Sky, he launched his debut albums. Between 1972 and 1975, he had seven straight albums reach the top of the charts.
In 1973, he established his own record company, The Rocket Record Company, which issued recordings by Neil Sedaka.
It’s interesting that he decided to work with MCA instead of his own label to release his music and instead agreed to a $8 million deal. That is equivalent to almost $40 million after inflation.
Throughout the 1980s, Elton released popular albums. In 1992, he and Taupin agreed to a $39 million, 12-year deal with Warner Bros. Records. Up until that point, it had been the biggest advance in music history.
He wrote the score for the Disney animated film The Lion King in 1994, which won the Grammy Award for Best Song and received the “diamond” certification in 1999 for selling fifteen million copies.
Following the passing of Princess Diana of Wales, John reissued his iconic 1973 song “Candle in the Wind” in 1997.
John won his lone Grammy for Best Male Pop Recording for this rendition from 1997, which went on to become the best-selling single in music history. John continues to perform live, write music for the stage, and put out top-charting albums.
Elton remains one of the world’s highest-paid artists. Elton John made $45 million between June 2017 and June 2018. Elton performed at The Million Dollar Piano, a Las Vegas residency, from 2011 to 2018.
He arranged an arrangement in which he would get 88% of every show’s door money. For Elton, this meant earning about $500,000 per show.
In 2000, Elton had a net worth of “just” $100 million. He had a reputation for being a wasteful spender at this point in his life. Later, he would acknowledge spending about $40 million in all throughout the late 1990s, or $2 million every month.
For instance, he spent more than $12 million on residences and $500,000 on flowers in a single six-month period in 1996. He amassed an automobile collection worthy of a museum. He sold 20 automobiles in June 2001 that he had never even driven. A $300,000 1993 Jaguar, as well as Ferraris, Bentleys, and Rolls Royces, were among the items he sold.
Elton John’s net worth as of 2009, when we first included him in Celebrity Net Worth, was $265 million. It exceeded $240 million by 2011. In 2013, we increase his net worth to $300 million. His holdings had increased in value to the point where, by 2020, he was fully worth $500 million.
What Art Collection of Elton John Should We See?
Elton is regarded as one of the world’s most knowledgeable celebrity art collectors. In the appropriate market, his art collection alone might be worth $200 million.
Mapplethorpe, Warhol, Basquiat, Haring, Damien Hirst, and many more artists have works in his collection. Elton earned $900,000 from the sale of 70 of his collection’s photos in 2004. One of the largest collections of photos on the planet belongs to him.
Is Elton John Still Rich?
Elton John has been a part of the music business for more than 50 years. He has made a huge impact on the music world and has come a very long way in his career. This is what? Elton John’s net worth was approximately $500 million as of November 2022.
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Elton John has made Woodside, a sizable estate in Old Windsor, Berkshire, England, his primary residence since 1974. The 37-acre estate known as Woodside was built in the 1750s.
After accounting for inflation and currency fluctuations, Elton paid about $5 million USD for the property in 1974, or about 400 thousand pounds.
He was still largely residing in their little apartment, as we previously indicated, with his mother and stepfather. He paid $8 million at auction in 1988 for the house’s full contents. The entire building was then renovated and furnished by him.
In addition to Atlanta, Elton has residences in Los Angeles, Nice, London, and Venice.
He paid $33 million for his Beverly Hills mansion in October 2015. The residence, a nearly 20-acre gated estate, was specially constructed in 2001 for the former owner, co-founder of Guess Armand Marciano.
Prior to Elton, it had already been listed for $63 million. The 25,000 square foot main residence has a screening room, wine cellar, gym, 11-car underground garage, and many more amenities.
He purchased a house in the neighborhood in 2012 for $7.2 million. Elton spent $8.5 million to purchase the adjacent half-acre property in September 2021.
He has a 12,000 square foot duplex penthouse in Atlanta.