In June 2001 he sold 20 cars that he had never even driven. He acquired a museum-level collection of cars. For example in one six month period alone in 1996, he spent more than $12 million on homes and half a million dollars on flowers. He would later admit to spending $2 million a month during the late 90s, roughly $40 million total over the period. At this time in his life he was well-known as a profligate spender. (Photo by Kevin Winter/Getty Images) Elton John Net Worth MilestonesĮlton's net worth was "only" $100 million in 2000. This translated to around $500,000 in earnings per show for Elton. He negotiated a deal where he would receive 88% of the door revenues for every show. Between 20, Elton held a Las Vegas residency called The Million Dollar Piano. Between June 2017 and June 2018, Elton John earned $45 million. Highest-Paid CelebritiesĮlton is perennially one of the highest-paid entertainers on the planet. He eventually came out of the closet and has been in a relationship with filmmaker David Furnish since 1993, and the two were joined in a civil partnership in 2005. He was married to German recording engineer Renata Blauel from 1984 to 1988. John continues to tour, compose for the stage, and release best-selling albums. This 1997 version became the best-selling single in recording history and earned John his only Grammy for Best Male Pop Recording. In 1997, in response to the death of Princess Diana of Wales, John re-released his 1973 classic "Candle in the Wind". In 1994, he composed the music for the Disney animated movie The Lion King, which earned a Grammy Award for Best Song and was certified "diamond" 1999 for selling fifteen million copies. It was the largest cash advance in music history up to that point. That's the same as around $40 million after adjusting for inflation.Įlton released successful albums throughout the 1980s, and in 1992, he and Taupin signed a $39 million, twelve-year contract with Warner Bros. Interestingly, he opted to not release his own music on his own label and instead signed an $8 million deal with MCA. He formed his own record label The Rocket Record Company in 1973 which released albums by Neil Sedaka. He saw seven consecutive albums top the charts between 19. Rise to SuccessĮlton John released his first albums, Empty Sky and Elton John, in 19, respectively. They would go on to collaborate on more than 30 albums which would sell over 300 million copies. The name was an homage to blues legends Elton Dean and Long John Baldry.Īround this time Elton met songwriter Bernie Taupin. It was around this same time he took on the name Elton John. In 1966, he and his friends formed the band Bluesology. His stepfather helped a 15 year old Reginald land a weekend gig playing piano at a local piano. Elton, his mother and stepfather moved into an apartment where years later he would continue to live even at a time when he had four Top 40 albums in the United States. His mother then married Fred Farebrother, a local painter, who proved to be a caring and supportive stepfather. His father, a military man, tried, unsuccessfully, to steer him to a more traditional career in banking. He started formal lessons at age seven, and won a scholarship to London's Royal Academy of Music at eleven. He began playing the piano at age three on his grandmother's piano. □ Compare Elton John's Net Worth Early LifeĮlton John was born Reginald Dwight on Main Middlesex, England.
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