Elton John Is Officially Done Touring; The Veteran Pop Star's Legacy Is Grander Than His $550 Million Net Worth

Sir Elton John, the iconic British singer, composer, pianist, and songwriter, retired on the last day of his Farewell Yellow Brick Road tour (2018-2023) in July 2023. This has been the highest-grossing tour of all time, earning over $939 million and selling 6 million tickets.

"What a journey this tour has been and now we find ourselves at the end of it," he posted on Instagram. While he won’t be touring abroad, it is likely he will do a “one off” performance in the future, he said.

What Is Elton John's Net worth?

Sir Elton John has left an indelible mark on the music industry with his unique style, flamboyant stage presence, and exceptional musical talent. John was among the first musicians to blend the sound of piano into rock n roll. He is one of the highest-paid celebrities in the world today. As of August 2023, Elton John boasts a net worth of around $550-$580 million. His albums have sold over 300 million copies worldwide, making him one of the best-selling musical artists in history.

Sources of income

John's makes money through diverse sources, including album sales, songwriting royalties and lucrative tours. In a single touring year, he can earn more than $80 million.

Elton John's extensive discography spanning numerous chart-topping albums has generated substantial revenue from album sales and streaming. His songwriting royalties, earned through collaborations with his longtime partner Bernie Taupin, contribute significantly to his earnings. Notably, John's Las Vegas residencies have also been highly profitable, with earnings of up to $500,000 per night.

John's Farewell Yellow Brick Road Tour has achieved a remarkable feat by becoming the first tour in Boxscore history to surpass the $900 million mark by July 2023.

Business Ventures

John has ventured into various business opportunities that have further boosted his net worth. He founded his record label, The Rocket Record Company in 1973. While he chose not to release his own music on the label, the venture helped develop his business acumen. He also has his own eyewear brand called "Elton John Eyewear." His investments in real estate and art have added to his overall wealth.

Total assets

Elton John's net worth is reflected in his extensive assets. His art collection alone, featuring works by renowned artists such as Warhol, Basquiat, and Haring, could be worth around $100-200 million. He also possesses valuable real estate, including properties in England, Los Angeles, Atlanta, Nice, London and Venice. His Beverly Hills estate, acquired for $33 million, showcases his opulent lifestyle and penchant for luxurious living. In 1987, for Elton John's 40th birthday, MCA Records gifted him a red 1987 Ferrari Testarossa. The model was the symbol of the 1980s car culture and had been in Australia before Elton auctioned it in 2001.

Net worth Over the years

Social media following

Elton John's massive fan base extends to his social media where he engages with millions of followers.

Personal life

Elton John's personal life has been marked by significant milestones. He has been in a loving relationship with filmmaker David Furnish since 1993. The couple entered a civil partnership in 2005 and married in 2014 after the legalization of same-sex marriage in the UK. They are proud parents of two sons, Zachary Jackson Levon Furnish-John and Elijah Joseph Daniel Furnish-John, born via surrogacy. John also has 10 godchildren.

Awards

Elton John's musical genius has earned him numerous awards and accolades, including five Grammy Awards, an Oscar, two Golden Globes, and a Tony Award. His contributions to the music industry have left an enduring legacy, solidifying his position as a true icon.

FAQs

What is Elton John's net worth?

Elton John's net worth is estimated to be around $550-$580 million.

Does Elton John have a family?

Yes, he is married to filmmaker David Furnish and they have two sons born via a surrogate.

How successful are Elton John's tours?

His Farewell Yellow Brick Road tour became the highest-grossing tour of all time, earning over $939 million and selling 6 million tickets as of July 2023.