Elton John has announced his final world tour to mark his retirement after 50 years on stage and the end of his Las Vegas residency.The ‘Rocket Man’ will perform in 300 shows across five continents over the next three years so that he can spend more time with husband David Furnish and his two sons, Elijah and Zachary.In his five years career, Elton has sold more than 300 million records, making him one of the best-selling music artists in the world. But how much is Elton John worth?
Who is Elton John?
Born Reginald Kenneth Dwight on March 25, 1947, Elton John was raised in the Pinner area of London to Stanley Dwight and Sheila Eileen.Elton learned how to play piano at an early age and by 1962 had formed the band Bluesology. He met his songwriting partner Bernie Taupin in 1967 and they wrote songs for the likes of Lulu and worked for artists such as the Hollies and the Scaffold.1969 saw the release of his debut album Empty Sky and a year later, iconic and arguably his most famous song, Your Song was released.Your Song reached the top ten in the UK and the US and was his first hit single. He went on to compose music for The Lion King, Aida and Billy Elliot the Musical.In his lifetime, he has received a multitude of accolades: Grammy Awards, Brit Awards, an Academy Award, a Golden Globe Award, a Tony Award and many more.Elton John also notably performed at Princess Diana’s funeral at Westminster Abbey in 1997, Party at the Palace in 2002 and the Queen’s Diamond Jubilee Concert outside Buckingham Palace in 2012.Since the 1980s, he has also been a strong supporter of the fight against AIDS and established the Elton John AIDS Foundation in 1992.Today, his Foundation’s Academy Award annual party is one of the most high-profile Oscar parties in Hollywood and charity has raised over $200 million (£140m) since its inception.In 2017, Elton was struck down with a ‘potentially deadly’ bacterial infection while touring South America that saw him cancelling nine shows in Las Vegas and California.Despite this, he played 87 shows including dates in Europe and Australia in addition to his Las Vegas show, The Million Dollar Piano and appearing in Kingsman: The Golden Circle.Elton also revealed that his mother had passed away in an Instagram post hours after performing in Spain.
Who is David Furnish?
Elton John revealed to the public that he was bisexual in 1976 and has been openly gay since 1988.He entered into a civil partnership with David Furnish on December 21, 2005 and after same-sex marriage was legalised in England and Wales in 2014, Elton married David on December 21, 2014.David Furnish is a former advertising executive and is now a filmmaker. Elton and David have two sons together, Zachary and Elijah.Zachary was born to a surrogate mother on December 25, 2010 in California and Elijah was born on January 11, 2013.
What is Elton John’s net worth?
Elton John’s net worth has accumulated to approximately $500 million (£350m), according to Celebrity Net Worth.Having sold over 300 million records in his lifetime, Elton was listed as the 26th highest paid celebrity in 2017 by Forbes, after earning $60 million (£42m) that year.
How did Elton John make his money?
His Farewell Yellow Brick Road tour is expected to boost Elton’s net worth if his earnings history is anything to go by.According to The Richest, his contract with MCA, signed in 1974, earned him $8 million (£5.6m) after the company took out $25 million (£17.5m) worth of life insurance for Elton John.He netted over $20 million (£14m) for five sold out shows at New York’s Madison Square Garden in 1988 and four years later, with Bernie Taupin, Elton signed a music publishing contract with Warner/Chappell Music viable for nine years, worth $39 million (£27.3m)In terms of assets, Elton got nearly $3.3 million (£2.3m) from sale of his cars, including his 1993 Jaguar XJ220, Rolls Royce, Bentleys and Ferraris.Elton also received $1.3 million (£912,000) from the sale of his home in London’s Holland Park.As well as the $1 million (£701,000) he got for performing at Rush Limbaugh’s fourth wedding in 2010, the gross income of his Greatest Hits tour earned him a total of $36.5 million (£26m).In 2013, the total amount grossed from his 102 live shows was $204 million (£143m) and since then, Elton has made over $40 million (£28m) every year.