Author of hits like "You're in My Heart" and "Do Ya Think I'm Sexy,"Rod Stewart is one of the greatest figures not only in rock but in music of all time. This success on stage also translated into huge earnings that make him one of the wealthiest musicians in the world.
Roderick David Stewart, his full name, has sold more than 130 million copies of his 32 studio albums. The most recent, "The Tears of Hercules," from 2021, sold 60,000 copies and was certified silver in the United Kingdom.
In his more than 60-year career, the British musician has completed 32 tours, including his most recent Las Vegas residency, "Rod Stewart The Hits," which he performed from 2011 to 2022 at the Colosseum at Ceasar's Palace.
Between his musical successes and extensive touring, Rod Stewart'snet worth is $300 million, according to Celebrity Net Worth, making him one of the 50 wealthiest musicians in the world. His fortune is on par with other musical icons such as Robbie Williams, Shakira, and Phil Collins.
Stewart's annual income
According to various sources, Stewart's annual income has increased stratospherically since the beginning of his career. In 1977, according to Wealthy Gorilla, the singer's earnings from sales and royalties amounted to $333,000.
In 2013, that figure had risen to $7.1 million, however, Market Realist assures that his income in 2023 could reach up to $35 million.
Rod Stewart's net worth could be much higher if it weren't for his costly divorce from his second wife, Rachel Hunter. Initially, Hunter was asking for 50% of Stewart's net worth in 2005, the date of their separation, which was between $120-$150 million.
However, in the end, they reached an agreement out of court for an unspecified amount, which included funds for Rachel to purchase several properties and child support for their children, Renee and Liam.
Rod's passion for real estate
Rod Stewart's business/hobbies include real estate. His first million-dollar purchase of this type was a mansion in England that he acquired for just over $1 million in 1986 and that he sold in 2019 for $6.15 million.
Another of his prized possessions is an 18th-century castle called Darrington House, that he purchased for an undisclosed sum. In 1995, he purchased an ocean-view property in Palm Beach that cost $7.2 million at the time and whose current price would be around $20 million.
In 1991, the singer bought a 20,000-square-foot mansion in Beverly Hills for $12.1 million ($22 million in 2023 adjusted for inflation). The property went on sale in 2023 for $70 million, was then taken off the market, but re-listed shortly after for $80 million.
Stewart's musical legacy is undeniable, and his financial legacy will be equal. However, the 78-year-old musician recently assured that he does not plan to retire, so he will continue creating music and earning money for many more years.
