British Singer Elton John Net Worth 2022: Income, Personal Life, and Career Information!

Elton John is a well-known and successful British singer, composer, pianist, and songwriter who was born in the United Kingdom.

Elton John’s net worth is $500 million at the time of writing. Elton John is one of the best-selling musicians of all time.

He has sold over 300 million albums all around the world to date. After Madonna, Michael Jackson, Elvis Presley, and The Beatles, he has become the fifth best-selling musical artist in contemporary history.

He is consistently ranked among the world’s highest-paid celebrities. Elton John’s earnings from his numerous activities can easily reach $80 million in a touring year.

Early Life

Elton John Net Worth

On March 25, 1947, in Middlesex, England, Elton John was born Reginald Dwight. On his grandmother, he began playing the piano at the age of three.

He began formal lessons when he was seven years old and was awarded a scholarship to the Royal Academy of Music in London when he was eleven years old.

His military father attempted unsuccessfully to persuade him to pursue a more traditional banking job. He was 14 when his parents split.

The following year, his mother married Fred Farebrother, a local painter who proved to be a loving and supportive stepfather.

Elton, his mother, and his stepfather moved into an apartment where he would stay for years, even though he had four US Top 40 albums.

Reginald, then 15, got a weekend job playing piano at a nearby piano with the support of his stepfather.

Elton John Net Worth

Bluesology was created by him and his buddies in 1966. Elton John was his stage name at the time. Elton Dean and Long John Baldry, both blues superstars, inspired the name.

Bernie Taupin, a songwriter, was introduced to Elton about this period. They went on to collaborate on over 30 albums, selling over 300 million copies worldwide.

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Rise to Success

Empty Sky and Elton John, Elton John’s first two albums, were released in 1969 and 1970. Between 1972 and 1975, he had seven straight chart-topping albums.

In 1973, he founded The Rocket Record Company, a record label that released Neil Sedaka’s records. He chose to sign an $8 million agreement with MCA instead of releasing his own music on his own label.

After accounting for inflation, that equates to about $40 million.

Elton John Net Worth

Throughout the 1980s, Elton John delivered successful albums, and in 1992, he and Taupin inked a 12-year deal with Warner Bros. Records worth $39 million.

Up until that point, it had been the largest cash advance in music history. He composed the music for the Disney animated film The Lion King in 1994, which won a Grammy Award for Best Song and was certified “diamond” in 1999 for sales of fifteen million copies.

John re-released his 1973 classic “Candle in the Wind” in 1997 in response to the loss of Princess Diana of Wales.

This version of the song, released in 1997, went on to become the best-selling single in music history, earning John his sole Grammy for Best Male Pop Recording. John is still touring, composing for the stage, and releasing top-selling records.

Personal Life

Between 1984 and 1988, he married Renata Blauel, a German recording engineer. He later came out of the closet and has been married to filmmaker David Furnish since 1993.

Highest-Paid Celebrities

Elton John Net Worth

Elton John is consistently one of the world’s most well-paid entertainers. Elton John made $45 million in the period June 2017 to June 2018.

Elton John performed at The Million Dollar Piano in Las Vegas from 2011 to 2018. He arranged an agreement in which he would collect 88 percent of every show’s ticket sales. Elton earned almost $500,000 per show as a result of this.

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Elton John Net Worth Milestones

In the year 2000, Elton John had a net worth of “just” $100 million. He was well-known for being a spendthrift at this point in his life. During the late 1990s, he admitted to spending $2 million every month, totaling $40 million.

He spent more than $12 million on residences and half a million on flowers in a six-month period in 1996 alone. He amassed a collection of automobiles that could be shown in a museum. He sold 20 autos he’d never driven in June 2001.

Elton John Net Worth

A $300,000 1993 Jaguar, as well as Ferraris, Bentleys, and Rolls Royces, were among the items he sold.

Elton John’s personal wealth peaked at $265 million in 2009 when we first added him to Celebrity Net Worth. It reached $240 million in 2011.

In 2013, we helped him grow his fortune to $300 million. His holdings had grown in value to the point that he was worth a half-billion dollars by 2020.

Art Collection

Elton John is widely regarded as one of the world’s most knowledgeable celebrity art collectors. In the appropriate market, his art collection alone may be worth up to $200 million.

Mapplethorpe, Warhol, Basquiat, Haring, Damien Hirst, and others were among the artists represented in his collection.

Elton John Net Worth

Elton sold his collection of 70 images for $900,000 in 2004. His collection of photographs is one of the world’s largest.

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Real Estate

Woodside, a vast estate in Old Windsor, Berkshire, England, has been Elton’s primary residence for many years. Woodside, a 37-acre estate built in the 1750s, is now a museum.

After inflation and currency fluctuations, Elton paid 400 thousand pounds for the home in 1974, which equates to nearly $5 million USD today.

As previously stated, he was still living in their little apartment with his mother and stepfather. He auctioned off the house’s entire contents for $8 million in 1988.

Elton John Net Worth

He then proceeded to repair and re-furnish the entire property.

Elton owns properties in Atlanta, Los Angeles, Nice, London, and Venice, among other cities.

In October 2015, he paid $33 million for his Beverly Hills mansion. The house is on a roughly 20-acre gated estate that was specifically built in 2001 for Armand Marciano, co-founder of Guess. It was on the market for $63 million at one point before Elton’s arrival.

The main residence is 25,000 square feet and includes an 11-car underground garage, a screening room, a wine cellar, a gym, and much more.

He owns a $7.2 million property in the region. Elton bought a half-acre property next door for $8.5 million in September 2021.

The double penthouse he owns in Atlanta is 12,000 square feet.

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