Sir Elton John Net Worth: Formula For Success

Elton John is a very well-known and successful musician from the United Kingdom. He sings, composes, plays the piano, and writes songs. Currently, Elton John’s net worth was estimated to be $500 million. 

One of the musicians that has had the greatest financial success during their careers is Elton John. Around the course of his career, he has racked up more than 300 million record sales all over the world. This is sufficient to rank him in fifth place among all musical artists working in the modern age, in terms of sales, after Elvis, Madonna, Michael Jackson, as well as The Beatles. His position was previously held by The Beatles. 

He is consistently ranked among the celebrities who earn the most money in the globe. During a year spent traveling, it is not out of the question for Elton to bring in more than $80 million from his different activities.

Early Life

When Elton John was born on March 25, 1947 in Middlesex, England, he was given the name Reginald Dwight by his parents. Elton John is also known as Sir Elton John. When he was three years old, he began playing the piano for the first time on the piano that had belonged to his grandmother.

When he was seven years old, he started taking lessons on a more official basis, and by the time he was eleven years old, he had secured a scholarship to attend the Royal Academy of Music in London.

His father, who had served in the military, was unsuccessful in his efforts to push him toward a more traditional job in finance. He was hoping that his son would follow in his footsteps and become a financier.

The separation of his parents took place when he was 14 years old. After that, his mother wed a local painter by the name of Fred Farebrother, and he rapidly established himself as a caring and supportive stepfather to the youngster. His mother later remarried. Even though he had four albums that were charting in the Top 40 in the United States at the time, Elton eventually moved in with his mother, stepfather, and stepbrother into an apartment. Elton would continue to live there for a good number of years after his success in the music industry. 

Elton, then 15 years old, was able to get a weekend job playing piano at a nearby piano with the assistance of his stepfather. In 1966, he and several of his buddies established the band that would become known as Bluesology. In about the same period of time, he began using the stage name Elton John. Legendary blues musicians Elton Dean and Long John Baldry inspired the choice of this moniker.

Elton had a chance encounter with the lyricist Bernie Taupin about this time. They would go on to work together on more than thirty albums, the combined sales of which would exceed three hundred million copies.

Rise to Fame

After that, Elton worked at a music publishing firm, he played at hotels, and he even joined a band with his pals. The very first job that Elton ever had was as a pianist who worked part-time at a pub.

In 1967, he worked with Bernie Taupin, and the two of them came up with Scarecrow, which was the first song that they ever wrote together.

About the same time as this event occurred, Reginald Kenneth Dwight legally changed his name to Elton John. 

By 1968, Elton and Bernie had both begun working as composers for DJM Records, contributing their work to the albums of other performers.

The album Empty Sky was released in 1969, and it was followed by Elton John in 1970, which achieved the number four spot on the Billboard 200 charts. This was Elton John’s big break as a musician.

After the release of his first two albums, he gained a significant fan base. In 1972, he released his third album, titled Honky Chateau, which became Elton’s first album to debut at number one in the US. However, this was just the first of many albums to achieve this feat.

The first of his songs to appear on the US Billboard Hot 100 was titled Crocodile Rock, and the album Goodbye Yellow Brick Road that he released in 1973 was a huge hit. These songs catapulted him to the very top, and he did not waste any time launching his own record label, which he called The Rocket Record Company.

His album from 1974 debuted atop the album charts in both the United Kingdom and the United States, and it was quickly followed by the albums Caribou and Captain Fantastic and the Brown Dirt Cowboy.

Throughout the 1980s, Elton gave a number of live performances, during which he showcased his many chart-topping singles, including I’m Still Standing, Little Jeannie, and I Guess That’s Why They Call It the Blues.

In the early 1990s, he also worked with Tim Rice to compose the score for Disney’s film The Lion King. It was for the song Can You Feel the Love Tonight? that he was awarded his first Academy Award, which brought him the greatest level of acclaim at the time.

The performance of Candle in the Wind 1997 by Elton John at the burial of Princess Diana in 1997 quickly became the best-selling single ever, and it subsequently sold slightly over 33 million copies overseas.

It is anticipated that Elton John will have a net worth of $500 Million by the end of July 2023.

Personal Life

Elton was engaged to his first girlfriend, secretary Linda Woodrow, in the late 1960s. Woodrow is mentioned in the song Someone Saved My Life Tonight, which Elton wrote about their relationship.

However, Elton canceled the relationship two weeks before the wedding that they had planned to have together after receiving advice to do so from Bernie Taupin.

After that, in February of 1984, Elton wed Renate Blauel, who was a recording engineer in Germany. After some time had passed, Blauel said that she had considered ending her life after Elton had informed her that he wanted to terminate their relationship while they were on their honeymoon in St. Tropez.

Elton John’s Wife

In 1988, they divorced, putting an end to their marriage. Elton subsequently said: “She was the most sophisticated lady I have ever seen, but our paths were destined to never cross. I had been living a false life.”

In 2020, Blauel filed a lawsuit against Elton for writing about their relationship in his book Me, which was published in 2019. 

Between the years 1984 and 1988, he was married to the German recording engineer Renate Blauel. Their marriage lasted for a total of four years. After a period of time, he eventually came out of the closet and started a relationship with the filmmaker David Furnish in the year 1993. In 2005, the two of them formalized their relationship by entering into a civil partnership.

Elton John’s Husband

In an interview with Rolling Stone published in 1976, Elton John made his public declaration that he was bisexual. In another Rolling Stone article published in 1992, John said that he was very comfortable with being homosexual.

In 1993, Elton started a romantic connection with Canadian filmmaker David Furnish, who had previously worked in the advertising industry. In the United Kingdom, Elton and David became one of the very first couples to enter into a civil partnership. The ceremony, which took place in the Windsor Guildhall on December 21, 2005, was the day the Civil Partnership Act became effective. Zachary Jackson Levon Furnish-John and Elijah Joseph Daniel Furnish-John are their boys. Zachary was born via surrogacy. 

One Of the Highest-Paid Celebrities


Elton is consistently regarded as one of the artists that brings in the most money worldwide. Elton John made $45 million in the time period between June 2017 and June 2018. 

Elton performed at a venue in Las Vegas under the name The Million Dollar Piano during the years 2011 and 2018. He was able to arrange an agreement in which he would earn 88% of the door profits for each and every event. This resulted in around $500,000 in profits for Elton for each performance.

Net Worth 

When the year 2000 came, Elton’s net worth had only reached $100 million. At this stage in his life, he had a reputation for being an excessive spender, which he had gained throughout the course of his life. He would eventually confess to spending $2 million per month throughout the late 90s, for a total of around $40 million during that time period. 

For example, during the first half of the year 1996, he spent approximately $12 million on real estate and an additional $500,000 on flowers. All of this occurred within a single span of half a year. 

In addition to that, he amassed a collection of automobiles worthy of display in a museum. In June of 2001, he was able to sell twenty automobiles that he had not even driven before. In addition to Ferraris, Bentleys, and Rolls Royces, one of the cars up for bid at his auction was a 1993 Jaguar, which sold for $300,000.

When we initially put Elton John to our list of celebrities with the highest net worth in 2009, John’s personal wealth was estimated to be $265 million. By 2011, it had surpassed 240 million dollars. In 2013, we were able to increase his net worth to $300 million. By the year 2020, the value of his assets had increased to the point where his net worth equaled a whole half billion dollars.

Art Collection

Elton is generally recognized as one of the most informed and discerning celebrity art collectors on the whole planet. His collection includes works by a broad variety of artists. If current economic circumstances were more favorable, the value of his art collection on its own might very well exceed $200 million.

His collection formerly included works by artists such as Basquiat, Damien Hirst, Keith Haring, Mapplethorpe, as well as Warhol amongst others. In 2004, Elton sold 70 photographs from his collection and earned a total profit of $900,000 from the transaction. His collection of photographs is among the most extensive of its kind on the whole earth.

Real Estate

The expansive house known as Woodside, located in Old Windsor, Berkshire, England, has served as Elton’s principal residence for the better part of three decades. The origins of the 37-acre Woodside estate may be traced back to the 1750s. Elton paid 400,000 pounds for the home in 1974, which is roughly equivalent to around $5 million USD now after accounting for inflation and changes in currency exchange rates. 

As we had said before, up until that moment, he was still largely residing in the one-bedroom apartment that he shared with his mother and stepfather. At an auction in 1988, he sold everything that was inside the home for a total of $8 million. Following that, he began the process of renovating and refinishing the whole property.

In addition to his mansion in London, Elton has properties in Atlanta, Los Angeles, Nice, and Venice. In October of 2015, he paid $33 million to purchase the Beverly Hills mansion he now owns. Armand Marciano, a co-founder of Guess, commissioned the home’s construction in 2001 so that he could use it as a private retreat on the approximately 20-acre property that he owned at the time. Before Elton bought it, it had been listed for sale for $63 million at one time. The main home is 25,000 square feet and has a basement garage that can accommodate 11 vehicles, a screening room, a wine cellar, a gym, and many other amenities.

In addition to that, he has a property in the neighborhood that he purchased in 2012 for a whopping price of $7.2 million. Elton made the purchase of the adjacent half-acre property in September 2021 for the price of $8.5 million. His residence in Atlanta is a double penthouse that is 12,000 square feet in size.

Career Highlights

  • MTV Movie + TV Awards, Best Movie Song nominee (1995) 
  • Grammy Awards, Best Male Pop Vocal Performance winner (1995)
  • Grammy Awards, Best Pop Collaboration with Vocals nominee (2005, 2011) 
  • Oscars, Best Original Song winner (1995) 


  • Empty Sky (1969)
  • Elton John (1970)
  • Madman Across the Water (1971)
  • Goodbye Yellow Brick Road (1973)
  • Captain Fantastic & the Brown Dirt Cowboy (1975)
  • Blue Moves (1976)
  • The One (1992)
  • Made In England (1995)

3 Rules for Success from Elton John 

1. Be less ready to pass judgment on other people.

Everyone has a history and a set of experiences that have shaped them into the person they are now. If we make snap judgments based on appearance or first reactions, it is possible that we may never get to know the true person. Do not prevent yourself from getting to know someone just because of the opinions you already have about anything.

2. To the utmost extent possible, seize every moment.

To the maximum extent possible, live your life. Have fun with whatever you do and savor every moment you have. Because we never know which day may be our last, we should live each day as if it were the last.

3. Music carries a lot of weight.

Your disposition may be influenced by music, and it can also provide you with a sense of “feel good” feeling. It is something that the soul can connect with and take comfort in. It might be helpful to feel as if you are not going through this ordeal alone yourself and that someone else understands what you are going through.

Frequently Asked Questions

Q: What is Elton John’s net worth today?

A: It has been calculated that Elton John has a net worth of $500 Million.

Q: What is Elton John’s age now?

A: Born on March 25th, 1947, Elton John is presently 75 years old. 

Q: What is Elton John’s height? 

A: The height of Elton John is 1.72 meters, which is equivalent to 5 feet 8 inches.

Final Words

Elton John is widely considered to be one of the most famous artists of all time. He has received several accolades throughout the years, praising both his uniqueness and his brilliance. He has been active in the music business for more than half a century, which means that he has accomplished a great deal over his career and has had an enormous influence on the music industry. It is estimated that Elton John’s net worth is at $500 Million as of July 2023.