David Foster Net Worth: How Much Money Does He Make?

David Foster Net Worth: Canadian musician, composer, lyricist, and arranger David Walter Foster, OC, OBC, has received many Grammy Awards. He is one of the few big figures in western music over the past 50 years to have had a significant impact on the vast majority of the genre’s most recent developments.

His upbringing was carefully orchestrated to support his status as a musical genius. Four years ago, when Foster was just four years old, he began taking piano lessons; nine years later, he enrolled in the music department at the University of Washington. He relocated to the Los Angeles area in 1974 to become a member of the band Skylark, and after some initial, unavoidable difficulties, he eventually earned his first Grammy in 1980.

Since then, he has produced platinum and multi-platinum albums for artists like Earth, Wind & Fire, Natalie Cole, Michael Bolton, Seal, Kenny Rogers, Dolly Parton, Chicago, Hall & Oates, Brandy, and ‘N Sync. The Bodyguard, Urban Cowboy, and St. Elmo’s Fire are just a few of the films whose soundtracks he has written, and they all feature songs he considers to be classics.

His most recent achievement is his position as president of Universal’s Verve Music Group from 2012 to 2016. He is now a member of the “Asia’s Got Talent” judging panel.

David Foster Net Worth
David Foster Net Worth

David Foster Early Life

David Walter Foster entered the world on November 1, 1949, in Victoria, British Columbia, Canada. His parents, Eleanor May (née Vantright) Foster, a stay-at-home mom, and Maurice (Maury) Foster, a maintenance yard superintendent, were quite the unconventional pair. When he was only 13 years old, he enrolled in the music department at the University of Washington.

In 1965, he went to a bar in Edmonton, Alberta, in hopes of being hired as the band’s leader. A famous jazz musician and club owner named Tommy Banks took Foster under his wing and helped him get his start in the music business. You may also read Valerie Bertinelli

In 1974, Foster moved to Los Angeles with his band Skylark after playing with Ronnie Hawkins and in Chuck Berry’s backup band in Toronto. Popular articles like “Jerry Springer” and “Bernard” are available for your perusal.

David Foster Career

Foster was a member of the keyboard section for the band Skylark. Founded by Eirik Wangberg, they had a Top 10 hit with “Wildflower” in 1973. After the breakup, Foster remained in Los Angeles and formed the band Airplay with Jay Graydon. In addition to performing his songs, he began working as a songwriter, producer, and arranger for a wide variety of projects.

For instance, he worked as a studio musician and arranger for the Earth, Wind, and Fire album “I Am” (1979), and he also contributed to the writing of six of the songs on the album. Foster, Bill Champlin, and Graydon’s “After the Love Has Gone” won the Grammy for Best R&B Song in 1980. He continued working as a producer and songwriter throughout the 1980s.

He worked on the album What About Me? (1984) and The Heart of the Matter (1985) by Kenny Rogers, as well as the songs “Forever” (1985) and “Heart to Heart” (1982) by Kenny Loggins (1985). He composed the score for “St. Elmo’s Fire” and wrote songs for the films “The Secret of My Success” (1987) and “Stealing Home” (1985). (1988).

In addition, he composed “Winter Games,” the official anthem of the 1988 Winter Olympics held in Calgary, Alberta. In 1995, Foster made a contract with Warner Brothers that allowed him to launch his boutique label, 143 Records, as a partnership between the two companies. The Corrs, an Irish folk rock band, was one of the first acts signed to 143 Records.

But by 1997, Foster had given the label back to Warner and was working as a senior vice president there. Foster co-wrote the Olympic theme song “The Power of the Dream” with Kenneth “Babyface” Edmonds for the 1996 Games. In the 1990s, he also produced Brandy’s renditions of “Un-Break My Heart” by Diane Warren, “Because You Loved Me,” and “Have You Ever?” Foster performed a one-night-only concert titled “Hitman: David Foster & Friends” in Las Vegas in 2008.

Throughout his 35-year career, Foster was the star of the show as he sang songs that he had either written or produced. Supporting artists including Andrea Bocelli, Celine Dion, Blake Shelton, and Katharine McPhee. In 2011, Foster was named the incoming Chairman of Verve Music Group, however, he left the record label in 2016 due to a company reorganization.

He has produced records for artists like Bryan Adams, Andrea Bocelli, Mary J. Blige, Josh Groban, Michael Buble, and Renee Olstead. Foster is well-known for producing multiple top-selling holiday albums, including Celine Dion’s “These Are Special Times” (1998), Josh Groban’s “Noel” (2007), Rod Stewart’s “Merry Christmas, Baby” (2012), and Jordan Smith’s “Tis the Season” (1998). (2016). In 1998, 2007, 2008, 2009, 2011, and 2012, he had the best-selling Christmas album.

David Foster Personal Life

David Foster, a man who has been married four times, is the proud father of five children and grandfather to four granddaughters and three grandsons. He was twenty years old when his first kid, Allison Jones Foster, was born in 1970. He felt obligated to give her up for adoption soon after she was born. He would not see her for the next 30 years.

His first wife was the singer/songwriter B. J. Cook, and they had a daughter, Amy Foster-Gillies (born in 1973). They split up in 1981, and on October 27, 1982, he married Rebecca Dyer. She gave birth to their children Sara in 1981, Erin in 1982, and Jordan in 1986. Foster and Dyer’s split up occurred in the year 1986. In 1991, he tied the knot with composer/lyricist Linda Thompson. They split up in 2005 after being married for 14 years.

His fourth wife is the Dutch model Yolanda Hadid, whom he wed on 11/11/11 in a ceremony with an 11/11/11 theme. After filing for divorce in late 2015, the couple’s separation was finalized in May of 2017. In 1985, Foster established The David Foster Foundation to provide financial support to Canadian families whose children were waiting for life-saving organ transplants.

David Foster Net Worth

Canadian musician, record producer, composer, vocalist, songwriter, and arranger David Foster is worth an estimated $150 million. Throughout his career, he was responsible for the discovery of such notable musicians as Michael Buble, Josh Groban, and Celine Dion. Foster also produced for some of the biggest names in music, such as Mariah Carey, Whitney Houston, Celine Dion, Andrea Bocelli, Chicago, and Toni Braxton.

The likes of Madonna, Air Supply, and the late great Michael Jackson are just some of the artists whose songs he has produced. His total number of Grammy Award wins is 16 out of 47 nominations. He is responsible for the success of over 500 million albums by artists he has worked with throughout the years.

David’s wealth would have been far greater if he hadn’t gone through four marriage breakdowns. Currently, he is married to the singer and actor Katharine McPhee. David has given away hundreds of millions of dollars to charity, primarily via the David Foster Foundation, which helps young people who are fighting for their lives due to serious illnesses.

Real Estate

David and Katherine bought a mansion in the Brentwood neighborhood of Los Angeles, California, for $7.1 million in the year 2021.

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