David Foster Net Worth: Music Career & Lifestyle

The Canadian-born musician and composer David Foster net worth is an astonishing $150 million.

He served as a chairman of Verve Records from 2012 to 2016.

David Foster (Source:wikimedia.org)

Foster has been nominated in Grammys 47 times in total and has managed to win 16 times.

Similarly, he worked with the rock n roll icon Chuck Berry as his backup band in the mid-60s.

David Foster | Quick Facts

Let’s have a glance over David Foster’s life.

David Foster | Net Worth and Income

The award-winning musician, record producer, and composer, David Walter Foster has quite a fortune.

As of August 2023, David Foster’s net worth is around $150 million, thanks to his incredible talent and a successful career in the music industry.

Similarly, he has produced music for famous singers like Madonna, Celine Dion, and even the late pop king Michael Jackson.

Foster has sold over 500 million albums together with other artists.

Though David still has a huge fortune, one cannot deny the fact that he would have been worth a lot more if it wasn’t for his failed marriages and troubles in the past.

Moreover, multi-talented personality has helped to discover musical talents, including Celine Dion, Josh Groban, and Michael Buble.

David Foster Net Worth in Different Currencies

Let’s see what David Foster’s net worth is in different currencies.

David Foster| Houses and Cars

Houses

David Foster’s net worth is staggering $150 million as of August 2023, which is enough to make him one of the richest musicians in the world.

Together with his wife Katharine McPhee, David Foster recently bought a six-bedroom and five-bathroom house in the Brentwood Park neighborhood of Los Angeles in May of 2021. The house sits on 0.42 acres of land.

David and Katharine splashed over $7.05 million for the property.

But they are not planning to move there yet.

Yes, the couple bought the property but not for the house. They have decided to demolish the original building to build a new massive mansion, probably a dream home for the couple and their recently born son.

Prior to that, they were reportedly house-hunting around Montecito to live near their close friends Prince Harry and Meghan Markle.

Since the house has not been built yet, the Foster family lives in a condo in Los Angeles, which foster bought way back in 2015 before he met his current wife, Katharine.

Cars

David strangely has a love for Black cars. He is always seen riding a black car.

David once said that he would someday buy a Mercedes 450 SL. And he did, but it was copper-colored, which he later repainted to black.

Currently, he owns a 2006 Aston Martin, a classic. He also has a 2007 Mercedes 500, which has a black paint job.

So it’s no surprise that the musician likes his car elegant and classic, just like his personality.

David Foster | Lifestyle and Vacations

One of the most successful musicians and producers of all time, David Foster’s net worth is a whopping $150 million.

Originally from Canada, David Walter Foster was born on November 1, 1949, to father Maurice (Maury) Foster and mother Eleanor May (Vantright) Foster.

He didn’t grow up in a very wealthy family. His father was a superintendent in a maintenance yard and his mother Eleanor was a homemaker.

But this didn’t stop Foster from pursuing his musical career. Instead, he has stated that his inspiration to be a musician was his father, a skilled pianist.

His parents even saved a dollar per week for Foster to take his piano lessons. His journey to a musical career started at the early age of 4. He joined the University of Washington’s music program.

Foster has been married five times to date.

The musician has five biological daughters from his previous girlfriend/ wives and one biological son with his current wife, Katharine McPhee.

He also has seven grandchildren. David Foster had his first daughter at the early age of 20.

He left his first daughter to an unknown woman to adopt. Foster later reconnected with her when she was already in her 30s.

Marriages

Foster’s first wife, Bonnie Jean Cook, was a singer and a writer. Cook gave birth to their beautiful second daughter, Amy Skylark.

Similarly, he married Rebecca Dyer on 27 October 1982 and had three daughters together. They were married for four years.

Likewise, after his divorce from Rebecca Dyer, Foster married actress Lind Thompson. The marriage lasted for 14 years, from 1991 to 2005.

His fourth marriage was to Dutch model Yolanda Hadid, the mother of famous models Bella Hadid and Gigi Hadid.

They were married from 2011 to 2015. However, their divorce was not finalized until 2017.

In 2018, David got engaged to his current wife, Katharine McPhee.

They later married on June 28, 2019. The singer and actor Katharine McPhee has a big age difference of 35 years with her husband, David Foster. Together they have a son, born on February 22, 2021.

Vacation

The Fosters love vacations.

David and Katharine went to Canada along with their son to spend their entire summer vacations traveling and exploring Foster’s homeland British Colombia.

Together they have traveled to Italy, Greece, Hawaii, Maldives, and many more exotic destinations, so we can say that the couple loves traveling around the world.

They went to Capri on their honeymoon and were seen relaxing and celebrating their new marriage on a luxurious yacht.

David Foster | Charity

Singer, composer, and record executive David Foster’s net worth is astounding $150 million, and he does not shy away from giving back to society.

David Foster has his very own non-profit foundation named David Foster Foundation. Through his foundation, Foster supports the children who need medical care and transplant.

Similarly, Foster also supports several other charities. He was honored with a Juno Awards in 2019 for his outstanding philanthropic works.

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David Foster | Movies, TV Appearances, and Books

Foster has had many opportunities to appear on television, especially in musical shows.

He was a judge in “Asia’s Got Talent” in 2015, 2017, and 2019 and also a guest judge on “American Idol” and “Nashville Star.”

He has also appeared on other famous television shows like The View, The Oprah Winfrey Show, The Real Housewives of Beverly Hills, etc.

Foster has a documentary made over his decades-long career as a musician, musical composer, and record producer.

The documentary is titled David Foster: Off the Records.

Moreover, David has also written a few books about his journey and experiences, apart from hit songs. He wrote an autobiography summing up his life story in a reader-friendly manner.

David Foster | Career

His career officially started when he auditioned to lead a band in Edmonton nightclub, where he learned about record producing, jazz, and musical businesses.

He moved to LA in 1974 with his band Skylark.

Though the Skylark disbanded later, Foster stayed in Los Angeles and started writing songs, composing, and producing music.

Years later, he gave pieces to many hit movies, worked with famous musicians and singers around the world to provide blockbuster songs.

Foster has garnered numerous accolades throughout his career, including Order of British Columbia, Hon. Doctorate University of Victoria, Order of Canada, and Canadian Walk of Fame.

Three Facts About David Foster

• He was granted a star in Hollywood Walk of Fame back in 2013.
• His all-time favorite singer is Italian tenor and multi-instrumentalist Andrea Bocelli, who also happens to be his very close friend.
• David Foster was the only son of his parent’s six children, and he grew up with five sisters.

FAQs

Did David Foster work with the Bee Gees?

Yes, David Foster worked with the Bee Gees in Los Angeles in 1996.

What disease does David Foster have?

David Foster has been diagnosed with severe heart valve disease.

How is Gigi Hadid related to David Foster?

David was married to Yolanda Hadid, the mother of Bella, Anwar, and Gigi Hadid. He was a stepfather of the Hadid children.

Is David Foster rich?

As of August 2023, David Foster Net Worth is a whopping $150 million. If that does not make him rich, then god knows what does.

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Categories: Net Worth
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