Net Worth Ranker
What Is Elton John’s Net Worth?
Elton John, the celebrated British singer, composer, pianist, and songwriter, boasts a net worth of $650 million as of March 2025. This substantial fortune is a testament to his prolific career, marked by global album sales exceeding 300 million copies, positioning him as one of the best-selling music artists in history, surpassed only by Madonna, Michael Jackson, Elvis Presley, and The Beatles. His financial success also stems from his consistent presence among the highest-paid celebrities worldwide, capable of earning upwards of $80 million in a single touring year.
A significant contributor to Elton John’s financial stature is his “Farewell Yellow Brick Road” tour. Concluding its run, the tour became the second highest-grossing concert tour of all time, accumulating $940 million from over 330 shows between 2018 and 2023. While Taylor Swift’s “The Eras Tour” has since exceeded this gross, it’s worth noting that Swift’s average concert gross of $14 million significantly surpasses Elton John’s $2.85 million average.
Elton John’s Career Highlights and Earnings
Elton John’s career is decorated with numerous awards, including EGOT status, which he solidified on January 15, 2024, by winning an Emmy for Outstanding Variety Special. This accolade complements his five Grammy Awards, an Oscar, two Golden Globes, and a Tony Award, making him the 19th person to achieve this prestigious recognition. His song “Candle in the Wind” holds the distinction of being the best-selling single in both UK and US chart history. He has had 50 songs reach the Top 40, with nine achieving the coveted No. 1 spot, and has enjoyed seven consecutive #1 albums. He is recognized as the most successful solo artist in the history of the US Billboard charts and the first solo artist with UK Top 10 singles across six decades.
Between June 2017 and June 2018, Elton John earned $45 million. From 2011 to 2018, his Las Vegas residency, “The Million Dollar Piano,” saw him negotiate a deal where he received 88% of the door revenues for every show, translating to roughly $500,000 in earnings per performance.
In 1973, Elton John established his record label, The Rocket Record Company, which notably released albums by Neil Sedaka. Despite owning the label, Elton John signed an $8 million deal with MCA, equivalent to approximately $40 million adjusted for inflation. Later, in 1992, he and Bernie Taupin secured a $39 million, twelve-year contract with Warner Bros. Records, marking the largest cash advance in music history at the time.
Elton John’s contribution to the 1994 Disney animated film “The Lion King” earned him a Grammy Award for Best Song, and the soundtrack was certified “diamond” in 1999 for selling fifteen million copies. In 1997, he re-released “Candle in the Wind” in response to the death of Princess Diana of Wales, which became the best-selling single in recording history and garnered him his only Grammy for Best Male Pop Recording.
Elton John’s Assets and Real Estate Holdings
Elton John possesses a diverse portfolio of assets, including an art collection estimated to be worth between $100 million and $200 million. This collection features works by renowned artists such as Mapplethorpe, Warhol, Basquiat, Haring, and Damien Hirst. In 2004, he sold 70 photographs from his collection for $900,000, demonstrating the value of his holdings in the art world.
His real estate holdings are also substantial, with an estimated value of $50 million. Since 1974, Elton John’s primary residence has been Woodside, a 37-acre estate in Old Windsor, Berkshire, England. He acquired the property for 400 thousand pounds, approximately $5 million USD today after inflation and currency changes. In 1988, he sold the entire contents of the house for $8 million at auction and subsequently refurbished the property.
Elton John’s real estate portfolio extends beyond Woodside to include properties in Atlanta, Los Angeles, Nice, London, and Venice. In October 2015, he purchased a Beverly Hills estate for $33 million. The nearly 20-acre gated property features a 25,000-square-foot main house with an 11-car subterranean garage, screening room, wine cellar, and gym. He also owns a home in a nearby area, acquired for $7.2 million in 2012, and an adjacent half-acre property purchased in September 2021 for $8.5 million.
In 1992, Elton John bought a 2,500-square-foot penthouse in Atlanta, Georgia. Over the next two decades, he bought five more units in the building, ultimately combining them to create a 13,000-square-foot penthouse. He listed the unit for sale in September 2023 for a little under $5 million. One month later, he sold it for a little under $14 million.
Elton John’s Spending Habits and Net Worth Milestones
While Elton John’s net worth stands at an impressive $650 million today, his financial journey has seen significant fluctuations. In 2000, his net worth was estimated at $100 million. During the late 1990s, Elton John was known for his lavish spending habits, admitting to spending $2 million per month, totaling approximately $40 million over the period. For instance, in a single six-month period in 1996, he spent over $12 million on homes and $500,000 on flowers. He also amassed a museum-level collection of cars, selling 20 of them in June 2001, including a $300,000 1993 Jaguar, Ferraris, Bentleys, and Rolls Royces.
By 2009, when Elton John was first added to Celebrity Net Worth, his personal fortune was estimated at $265 million. By 2011, it had reached $240 million. In 2013, his net worth was raised to $300 million. By 2020, the value of his assets had grown to $500 million.
In 1987, MCA Records gifted Elton John a red 1987 Ferrari Testarossa for his 40th birthday. The car, which had been in Australia for years, was later sold at auction in 2001 with only 12,427 miles on it.
