Elton John Net Worth (Money & Salary)

Elton John Net Worth (Money & Salary)

Title: Elton John Net Worth (Money & Salary)
Last Updated: February 9, 2025


What is Elton John’s Net Worth?

With a net worth of $650 million, Elton John stands out as an immensely successful British singer, composer, pianist, and songwriter. He ranks among the most commercially successful artists ever, having sold over 300 million albums globally, putting him as the fifth best-selling musical artist in modern history, following Madonna, Michael Jackson, Elvis, and The Beatles. Consistently, he is listed among the highest-paid celebrities worldwide.

In years when he tours, Elton can effortlessly make over $80 million from his various ventures. Notably, his “Farewell Yellow Brick Road” tour is one of the highest-grossing concert tours ever, having earned $940 million over 330 shows between 2018 and 2023. His record was recently surpassed by Taylor Swift’s “The Eras Tour,” although Taylor’s average gross per concert of $14 million significantly exceeds Elton’s average of $2.85 million.

Sir Elton John has received nearly every conceivable music award. His hit song “Candle in the Wind” is recognized as the best-selling single in the history of the UK and US singles charts. He boasts 50 songs that have reached the Top 40, with nine that made it to No. 1, and he enjoyed a streak of seven consecutive #1 albums. On January 15, 2024, Elton achieved “EGOT” status by winning an Emmy for Outstanding Variety Special. Earlier, he had garnered five Grammys, an Oscar, two Golden Globes, and a Tony Award. He is among the 19th individuals to receive EGOT status. In addition, John holds the title of the most successful solo artist on the US Billboard charts and is the first solo performer to have UK Top 10 singles spanning six decades.

Key Facts
  • Has sold 300 million albums worldwide
  • Makes $80 million per year in a touring year
  • Makes $500,000 per night in Las Vegas
  • Spent $2m per month in the 1990s
  • Owns $100-200 million worth of art
  • Owns $50 million worth of real estate

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 received formal lessons starting at age seven and later earned a scholarship to the Royal Academy of Music in London by age eleven. His father, serving in the military, attempted to guide him toward a conventional banking career, but these efforts were in vain. At 14, his parents divorced, after which his mother remarried Fred Farebrother, a local painter who became a supportive stepfather. Elton, along with his mother and stepfather, lived in an apartment where he continued to reside even amidst the success of four Top 40 albums in the United States. It was his stepfather who facilitated a weekend gig at a local piano bar for a 15-year-old Reginald.

In 1966, Elton and his friends formed the band Bluesology, and it was during this period he adopted the name Elton John, a tribute to blues icons Elton Dean and Long John Baldry.

During this time, Elton crossed paths with songwriter Bernie Taupin. Their partnership would evolve into a remarkable collaboration that would transform the music landscape.

on to partner for over 30 albums, collectively achieving sales surpassing 300 million copies.

Path to Triumph

In 1969 and 1970, Elton John debuted with his first albums, Empty Sky and Elton John. Between 1972 and 1975, he boasted seven consecutive albums that dominated the charts. In 1973, he established his own record label, The Rocket Record Company, which produced albums for Neil Sedaka. Notably, he chose not to release his own music through this label, opting instead for an $8 million deal with MCA—equivalent to roughly $40 million when adjusted for inflation.

Throughout the 1980s, Elton continued to release hit albums, and in 1992, he and Taupin entered into a $39 million, twelve-year contract with Warner Bros. Records, marking a historic cash advance in the music industry. In 1994, Elton scored a Grammy Award for Best Song with his composition for Disney’s animated film The Lion King, certified “diamond” in 1999 after selling fifteen million copies. Following the death of Princess Diana in 1997, John released a reworked version of his 1973 classic “Candle in the Wind,” which became the best-selling single in music history and earned him a Grammy for Best Male Pop Recording. As of 2023, John remains active in touring, stage composing, and producing best-selling albums.

Private Life

From 1984 to 1988, he was married to German recording engineer Renata Blauel. Eventually, he came out as gay and has been in a relationship with filmmaker David Furnish since 1993; they entered into a civil partnership in 2005. Following the legalization of same-sex marriage in the UK, they tied the knot in December 2014. The couple has welcomed 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.

Top-Earning Celebrities

Elton consistently ranks among the highest-paid entertainers worldwide. Between June 2017 and June 2018, he earned a remarkable $45 million. From 2011 to 2018, he held a Las Vegas residency titled The Million Dollar Piano, where he negotiated a deal granting him 88% of the door revenues for each performance. This arrangement allowed him to earn approximately $500,000 per show.

His final tour, Farewell Yellow Brick Road, achieved remarkable success, becoming the highest-grossing tour in history, amassing $853 million over the course of 293 shows.

1727487654 31 Elton John1727487654 31 Elton John

(Photo by Kevin Winter/Getty Images)

Net Worth Milestones of Elton John

In 2000, Elton’s net worth was recorded at “only” $100 million, at which point he was infamous for his extravagant spending habits. He acknowledged later that, during the late 90s, he spent about $2 million monthly, totaling around $40 million during that period. For instance, in a single six-month span in 1996, he spent over $12 million on real estate and half a million dollars on flowers. He amassed a museum-worthy car collection, and in June 2001, he sold 20 cars he had never even used. This included a $300,000 1993 Jaguar, along with Ferraris, Bentleys, and more.

Rolls Royces.

When we initially incorporated Elton John into Celebrity Net Worth in 2009, his net worth was recorded at $265 million. By 2011, it had decreased to $240 million. In 2013, we adjusted his net worth to $300 million. Fast forward to 2020, and his assets had increased to an impressive half-billion dollars.

Art Collection

Elton is regarded as one of the most astute celebrity art collectors globally. In the right market, his art collection alone could be valued at $200 million. It includes works from notable artists such as Mapplethorpe, Warhol, Basquiat, Haring, and Damien Hirst, among others. In 2004, he auctioned 70 photographs from his collection, fetching $900,000. His photography collection ranks among the largest in the world.

Real Estate

Elton John has resided primarily in a notable estate called Woodside in Old Windsor, Berkshire, England, since 1974. This 37-acre estate dates back to the 1750s. He purchased it in 1974 for 400 thousand pounds, equivalent to approximately $5 million USD today, adjusting for inflation and currency changes. Up until that moment, he had been mostly living with his mother and stepfather in their modest apartment. In 1988, he auctioned off all the house’s contents for $8 million and then focused on refurbishing and redecorating the estate.

In addition to Woodside, Elton owns residences in Atlanta, Los Angeles, Nice, London, and Venice.

In October 2015, he purchased a Beverly Hills estate for $33 million. This nearly 20-acre gated property was custom-built in 2001 for its previous owner, Armand Marciano, co-founder of Guess. Before Elton’s acquisition, it had been listed for $63 million. The main residence spans 25,000 square feet and features an 11-car subterranean garage, a screening room, a wine cellar, a gym, and various other amenities.

He also acquired a nearby property for $7.2 million in 2012 and subsequently bought a half-acre property next door in September 2021 for $8.5 million.

In 1992, he purchased a 2,500-square-foot penthouse in Atlanta, Georgia. Over the following twenty years, he acquired five additional units in the building, combining them into a spacious 13,000-square-foot penthouse. Elton appreciated the convenience of flying in and out of Atlanta during tours and eventually developed a fondness for Georgia. He listed this unit for sale in September 2023 for just under $5 million. A month later, he sold it for nearly $14 million. Here’s a video tour of Elton’s former Atlanta penthouse:

Elton also expanded his real estate holdings in 2022 by adding 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 car, iconic from its feature on the original run of “Miami Vice” in 1987, epitomized coolness. With a top speed of 180 miles per hour and the ability to accelerate from 0-60 in just 5.2 seconds, the Ferrari Testarossa is arguably one of the most recognizable cars from the 1980s. After years languishing in Australia, Sir Elton sold it at auction in 2001, with only 12,427 miles on the odometer at that time.

Ferrari TestarossaFerrari Testarossa

Antoine Antoniol/Getty Images

 


Elton John Net Worth (Money & Salary)

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Data has been sourced from 2023 and 2024, and forecast figures are available for 2025 and 2026. We have also extended the forecasts to cover 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 9, 2025