You cannot talk about the most commercially successful musicians in the world without mentioning Elton John. The musician has become one of the most famous and most followed music artists of the past century, establishing himself as a truly iconic figure in world music. As expected, Elton John’s net worth has been built to an incredibly enviable level considering his awesome achievements as a music superstar whose career has spanned across 5 decades.
Elton John has sold several millions of album copies and is widely regarded as one of the best selling artists in history. He has released dozens of studio albums and has spread his musical influence around the world, raking in a lot of money in the process. So, how much is the musician worth exactly? What is Elton John’s net worth and how did he make a fortune from his singing career? Let’s find out all about that.
Elton John’s Early Days
Elton John whose real birth name is Reginald Kenneth Dwight, was born on the 25th day of March 1947. The singer and pianist was born in Pinner, Middlesex, England to Stanley Dwight and Sheila Eileen. He grew up in Pinner with his maternal grandparents and attended Pinner Wood Junior School, Reddiford School, and Pinner County Grammar School. However, when he was 17 years old, he left high school to pursue his music career just before he was due to take his A-Level examinations.
Elton John was exposed to music early because his parents were also musically inclined and frequently bought so many records which John listened to while growing up. Interestingly, his father tried to stop John from making a career out of music, asking him instead to build a more conventional career such as engineering, law or even banking.
However, Elton John was determined to do music and this was what he did. It was not too long before he found success as a musician.
Elton John’s Net Worth
Since he began his career decades ago till today, Elton John’s net worth has skyrocketed following years of earnings from his music. The singer has sold millions of albums and is considered one of the world’s highest-selling singers of all time. So how much is he worth exactly?
At the moment, Elton John’s net worth has been pegged at about $500 million by different sources. This is not surprising at all considering his influential reign in the music world. But how exactly did Elton John make all his money?
How He Made A Fortune From Singing
Much of Elton John’s money came from his singing and performances. According to sources, Elton John was still very little when he began to show that he was born to be a singer. Before he was 5, he had already started playing his grandmother’s piano and by the time he was 7 years old, he had already started performing at parties and family gatherings. He then started taking piano lessons before gaining a junior scholarship to the Royal Academy of Music at the age of 11.
In 1966, Elton John and some of his musically inclined friends formed a band called Bluesology which gained some attention at the time. During this time, he began his long-standing collaboration with Bernie Taupin, a popular English songwriter. Elton John finally released his first album titled Empty Sky in 1969. The album did quite well and he followed up with a second album titled Elton John in 1970. By this time, he had already begun to gain significant airplay and a lot of exposure.
Elton John found a lot of success throughout the 1970s. In fact, from 1972 to 1975, he had seven consecutive albums topping the charts. His success soared through the roof and by 1992, he and Taupin signed a $39 million with Warner Bros. Records which was to span across twelve years. His composition for The Lion King, a Disney animated movie in 1994, fetched him a Grammy Award for Best Song and even went on to be certified diamond.
So far, many of Elton John’s records have been certified gold and some of his albums have been certified platinum with others being certified multi-platinum. Apparently, this means a lot more money for the singer’s pocket. Elton John has sold more than 300 million records around the world and has received 11 Grammy nominations winning 5 of them.
Elton John’s concerts are often jampacked, fetching him millions in revenue. He also earns a lot of money from different shows. According to reports, he earns about $500,000 for every time he appears in shows. Today, he is one of the artists to have earned the most money from music.