Rod Stewart Net Worth: One of the Richest Musicians in the World
Rod Stewart Net Worth
Rod Stewart’s net worth is estimated to be around $300 million. He made his fortune through a successful music career spanning decades, with hit songs like Maggie May and Forever Young. Apart from music, he has also earned from touring and other business ventures. His wealth reflects his status as one of the best-selling artists of all time.
| Net worth | $300 million |
| Category | Richest Celebrities, Rock Star |
| Profession | Composer, Songwriter, Record Producer, Singer-songwriter |
| Nationality | English |
| Age | 80 years |
| Height | 1.78 m |
| Birth Place | Highgate, London, United Kingdom |
| Birth Date | January 10, 1945 |
| Zodiac Sign | Capricorn |
| Source of Wealth | Music, Touring, Business Ventures |
| Famous Songs | Maggie May, Forever Young, Da Ya Think I’m Sexy? |
| Career Span | Over 50 years |
| Awards | Grammy, Rock and Roll Hall of Fame |
| Spouse | Penny Lancaster, Rachel Hunter, Alana Stewart |
| Siblings | Bob Stewart, Don Stewart, Peggy Stewart, Mary Stewart |
| Awards | Grammy, Rock and Roll Hall of Fame (inducted twice), Brit Award for Outstanding Contribution to Music |
| Notable Bands | Faces, The Jeff Beck Group |
| Philanthropy | Supports cancer research, children’s charities, and veterans’ organizations |
Early Life
Rod Stewart, born on January 10, 1945, in London, grew up loving soccer and model railways. He dreamed of becoming a pro soccer player but found his passion for music in the 1960s. Before fame, he worked odd jobs, including as a gravedigger.
Early Career
Rod Stewart began busking in 1962 with folk singer Wizz Jones, playing the harmonica. They traveled across Europe before Stewart joined his first band, The Dimensions, in 1963. In 1966, he found success with the Jeff Beck Group, releasing two albums and touring the UK and U.S. His bold style earned him the nickname “Rod The Mod.”
Personal Life
Rod Stewart has eight children with five women. His first child, Sarah, was adopted, and they reunited in 2008. He married Penny Lancaster in 2007, and they have two sons. In 2000, he beat thyroid cancer and had to re-learn how to sing.
Catalog Sale
In February 2024, Rod Stewart sold his music catalog for $100 million. The deal covered his publishing rights, recorded songs, and some name and likeness rights. It included both his solo hits and his work with Faces and the Jeff Beck Group. The buyer was Irving Azoff’s Iconic Artists Group.
Music career
1961–1963: Early work and The Dimensions
Rod Stewart started with odd jobs before busking in London and Europe, eventually getting deported from Spain. In the early ’60s, he embraced the Mod look and fell in love with R&B. Joining his first band, the Dimensions, as a harmonica player, he stepped into London’s thriving music scene, launching his career.
1964–1967: Steampacket and “Rod the Mod” image
Rod Stewart’s career began in 1964 when Long John Baldry discovered him playing harmonica and invited him to join his band. Gaining confidence, he earned the nickname “Rod the Mod” for his style. He played with several bands before going solo, developing his signature raspy voice inspired by Sam Cooke.
1967–1969: Jeff Beck Group period
Rod Stewart joined the Jeff Beck Group in 1967, marking his big break. Despite early stage fright, the band found success, earning comparisons to Jimi Hendrix. Their albums Truth and Beck-Ola shaped Stewart’s gritty vocal style. He left in 1969, ready to go solo.
1969–1975: Solo career established and Faces albums
Rod Stewart’s solo career began in 1969 alongside his role as the new singer for Faces. His 1971 album Every Picture Tells a Story and hit single “Maggie May” made him a star. As his solo success grew, tensions rose within Faces, leading to their breakup in 1975.
1975–1988: Height of fame and critical reaction
Rod Stewart’s career soared in the mid-1970s with hits like Sailing and Tonight’s the Night. His 1978 disco hit Da Ya Think I’m Sexy? topped charts but stirred controversy. In the 1980s, he embraced new wave with hits like Young Turks, cementing his status as a music legend.
1988–1994: Out of Order Tour, Vagabond Heart and Rock and Roll Hall of Fame
Rod Stewart’s late ’80s and early ’90s saw a career revival. His 1988 album Out of Order had major hits like Forever Young. In 1991, Vagabond Heart continued his success. He reunited with Ronnie Wood for an MTV Unplugged special in 1993 and was inducted into the Rock and Roll Hall of Fame in 1994. That year, he performed for a record 3.5 million people in Rio
Solo Career Beginnings and Faces
Rod Stewart joined Faces as lead singer in 1969 while starting his solo career. His 1971 album Every Picture Tells a Story made him a star, with Maggie May topping charts. Faces struggled with his rising fame and split in 1975, leaving Stewart to dominate as a solo artist.
Career Post-Faces
Rod Stewart rose to fame with hits like “Tonight’s the Night” (1976) and “Do Ya Think I’m Sexy?” (1978). He has sold over 130 million records, earned 12 #1 albums, and was ranked #33 on Q magazine’s Top 100 Singers. In 2019, he was listed on the Sunday Times Rich List with £190 million.
Accolades
Rod Stewart won a Brit Award in 1993 and was inducted into the Rock and Roll Hall of Fame in 1994. He received the Diamond Award in 2001 for selling over 100 million records. In 2004, he won his first Grammy for Stardust: The Great American Songbook Volume III.
Rachel Hunter Divorce Settlement
Rod Stewart filed for divorce in 2005, with a net worth of $120–$150 million. Rachel Hunter initially sought up to $75 million but settled privately. Rod provided funds for homes, a large payout, and financial support for their two children, then aged 14 and 12.
1995–2001: New ventures and record labels
By the 1990s, Stewart stopped writing songs, focusing on covers and collaborations. His 1995 album A Spanner in the Works featured the hit Leave Virginia Alone. Though later albums had mixed success, When We Were the New Boys (1998) hit No. 2 in the UK. After leaving Warner Bros. in 2000, he found success with The Story So Far, a platinum-selling greatest hits album.
2002–2010: The Great American Songbook series and Soulbook
Rod Stewart found huge success in the 2000s by singing classic pop songs. His Great American Songbook albums brought him back to the top of the charts. He won his first Grammy, reunited with Ronnie Wood, and joined the UK Music Hall of Fame. Later, he returned to rock and soul, proving his lasting impact on music.
2011–2012: Christmas album and autobiography
In 2011, Stewart toured with Stevie Nicks and performed in major cities across North America. He headlined the Hard Rock Calling Festival in London and started a two-year residency in Las Vegas. In 2012, he signed with Universal Music and released Merry Christmas, Baby, a hit holiday album. That year, he also performed for Queen Elizabeth II and topped the Billboard chart with Let It Snow! His success continued in 2013 with a Juno Award nomination.
2013–2015: Return to songwriting – Time and Another Country
In May 2013, Rod Stewart released Time, his first rock album of original songs in years. Inspired by writing his autobiography, he returned to songwriting after a 20-year break. The album debuted at No. 1 on the UK chart, breaking a record for the longest gap between chart-topping albums. In 2015, he followed up with Another Country, featuring the single Love Is.
2016–present: Continuing to record – Blood Red Roses and The Tears of Hercules
Rod Stewart continues to release music and perform worldwide. In 2019, his album You’re in My Heart topped UK charts. In 2024, he announced Swing Fever and sold his music catalog for nearly $100 million. He will return to Glastonbury in 2025 after 23 years.
Awards and Recognition
Rod Stewart was inducted into the Rock and Roll Hall of Fame twice, in 1994 and 2012. He won a Grammy in 2007 and was knighted in 2016 for his contributions to music. In 2023, Rolling Stone ranked him No. 49 on their list of the greatest singers.
Family and Relationships
Rod Stewart has been married three times and has eight children. He was first married to Alana Stewart, then to Rachel Hunter, and later to Penny Lancaster, whom he wed in 2007. He has had high-profile relationships with models and actresses, and he remains close to his children.
How Rod Stewart Built His Fortune
Rod Stewart’s wealth comes primarily from his music career, which includes album sales, concert tours, and royalties. Some of the key factors that have contributed to his massive net worth include:
1. Album Sales and Hit Songs
Stewart has released over 30 studio albums, many of which have topped charts worldwide. Some of his biggest hits include Maggie May, Da Ya Think I’m Sexy?, Sailing, and Forever Young. His albums have sold millions of copies, earning him a significant share of profits.
2. Concert Tours and Live Performances
Rod Stewart is known for his thrilling live performances. He has embarked on several world tours, selling out stadiums and arenas. His concerts generate millions of dollars in revenue, making them a crucial part of his earnings.
3. Music Royalties
As a legendary musician, Stewart earns royalties from streaming services, radio play, and the licensing of his songs for movies, TV shows, and commercials. These steady earnings continue to boost his net worth.
4. Business Ventures and Investments
Apart from music, Stewart has made smart investments in real estate. He owns luxurious homes in Los Angeles, the UK, and other prime locations. His real estate portfolio is estimated to be worth tens of millions of dollars.
Parents and Siblings
Rod Stewart was born on January 10, 1945, in London, England. His parents were Robert Stewart, a Scottish master builder, and Elsie Gilbart, an English homemaker. He was the youngest of five siblings, growing up in a close-knit family. His older siblings are Bob, Don, Mary, and Peggy, who helped shape his love for music and football during his childhood.
Recent Deals and Earnings
In 2024, Stewart made headlines by selling his music catalog for nearly $100 million to Irving Azoff’s Iconic Artists Group. This deal added significantly to his wealth and secured his legacy for future generations.
Lifestyle and Spending
With his vast fortune, Rod Stewart enjoys a lavish lifestyle. He has a passion for cars and owns an impressive collection of classic and luxury vehicles. He is also known for his charitable efforts, supporting various causes, including cancer research and children’s charities.
Real Estate
Stewart has owned several impressive estates. In 1986, he bought a country home in England for $1 million, selling it for $6.15 million in 2019. He also purchased Darrington House, an 18th-century castle with grand features. In the U.S., he bought a Palm Beach home for $7.2 million, now worth $20 million. His Beverly Hills mansion, listed at $70 million in 2023, is now priced at $74 million.
FAQs About Rod Stewart’s Net Worth
1. What is Rod Stewart’s net worth in 2024?
Rod Stewart’s estimated net worth is between $300 million and $350 million.
2. How does Rod Stewart make his money?
His wealth comes from album sales, concert tours, music royalties, and investments in real estate.
3. Did Rod Stewart sell his music catalog?
Yes, in 2024, he sold his catalog for nearly $100 million.
4. What are Rod Stewart’s most successful albums?
Some of his best-selling albums include Every Picture Tells a Story, Blondes Have More Fun, and Atlantic Crossing.
5. What luxury items does Rod Stewart own?
He owns multiple mansions, a vast collection of classic cars, and high-end fashion pieces.
Conclusion
Rod Stewart’s net worth is a reflection of his incredible talent, hard work, and smart financial decisions. With a career that continues to thrive, his fortune is likely to grow even further. Whether through music, investments, or live performances, Stewart remains one of the richest and most beloved musicians in the world.
