Bret Michaels Net Worth

What Is Bret Michaels’ Net Worth?

Bret Michaels, the renowned American rock star, reality TV personality, and frontman of the band Poison, has accumulated a net worth of $20 million as of 2024. This financial standing reflects his successful career in music, television, and various business ventures. Poison, since its formation in the early 1980s, has sold approximately 45 million albums, significantly contributing to Michaels’ wealth.

Sources of Bret Michaels’ Net Worth

Bret Michaels’ $20 million net worth is derived from several income streams:

Music Career: As the lead vocalist of Poison, Michaels has earned substantial income from album sales, singles, and concert tours. Poison has achieved significant success with albums like “Look What the Cat Dragged In” and “Open Up and Say… Ahh!”, which attained multi-platinum status. The band has had 10 singles reach the Top 40 of the Billboard Hot 100, including six Top 10 singles and a number one single with “Every Rose Has Its Thorn”.
Solo Career: In addition to his work with Poison, Michaels has released several solo albums, including “A Letter from Death Row” (1998), “Songs of Life”, “Freedom of Sound”, and “Custom Built” (2010). The album “Custom Built” featured the hit song “Nothing to Lose,” a collaboration with Miley Cyrus.
Reality TV Appearances: Michaels has starred in several reality TV shows, including “Rock of Love with Bret Michaels,” “Nashville Star” (as a judge), and “Bret Michaels: Life as I Know It.” He also won “Celebrity Apprentice 3” on NBC, further boosting his income and visibility.
Acting, Directing, and Producing: In 1998, Michaels wrote, directed, and starred in the film “A Letter from Death Row”. He also co-produced other films with Charlie Sheen under their production company, Sheen/Michaels Entertainment.
Business Ventures: Michaels has ventured into various business opportunities, including Rock Star Suite luxury hotel rooms and healthcare products.
Real Estate Investments: Michaels has strategically invested in real estate over the years, contributing to his overall net worth.

Bret Michaels’ Real Estate Portfolio

Bret Michaels has been actively involved in real estate, buying and selling properties in various locations:

Scottsdale, Arizona: In 2006, Michaels purchased a 6,300-square-foot home on a five-acre compound in Scottsdale for $2.205 million. He listed the property for sale in March 2021 for $3.2 million and sold it in April 2021 for the same amount.
Calabasas, California: In 2014, Michaels bought a property in Calabasas for $3.05 million. He attempted to sell it for $3.649 million in 2015 but eventually sold it in 2016 for just over $3.4 million. The house spanned 6,797 square feet and included a pool and spa.
Westlake Village, California (2016): Shortly after listing his Calabasas property, Michaels acquired a home in Westlake Village for $3.49 million. This property featured 6,683 square feet of living space on 2.6 acres of land, including high ceilings and a temperature-cooled wine cellar. He listed this home for sale in September 2020 for $4.5 million and sold it within days for $4.475 million.
Westlake Village, California (2023): In May 2023, Michaels purchased a new home in Westlake Village for $5.47 million. This single-family property is located directly across the street from his former Westlake Village home and sits on a 1.02-acre lot. It features a wine room, pool, spa, basketball court, and outdoor kitchen.

Additional Ventures and Possessions

Beyond real estate, Bret Michaels has also invested in other ventures and owns several luxury items:

Classic Cars: Michaels is known to have a collection of classic cars, including a 2007 Bentley Continental GT (which he auctioned for charity) and a 1967 Pontiac Firebird. He also drives a 2016 Mercedes-Benz S550.
Motorcycles: Michaels is an enthusiast of motorcycles and other vehicles.
Bret Michaels Properties (BMP): Michaels has owned and designed various properties under the name “BMP: Bret Michaels Properties,” including locations in Riviera Maya, Mexico, Nashville, Tennessee, Westlake Village, California, Calabasas, California, and Scottsdale, Arizona.