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Sammy Hagar Net Worth

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Sammy Hagar's Net Worth as of 2024
$120 Million

Sammy Hagar was born on October 13, 1947 in Salinas, California. He was interested in music from his youth, but most likely he wasn’t planning to become one of the richest people in the world and make huge capital as a businessman in the USA. Mostly people know Samuel Roy “Sammy” Hagar as a former second lead singer in the famous hard rock and heavy metal band “Van Halen” formed in California in 1972. Today Sammy Hagar is working as a singer, musician, guitarist, songwriter, lyricist, composer and even businessperson. He is known as one of the richer celebrities of our time, with capital of $120 million accumulated through his musician career and restaurant business.

Sammy Hagar Net Worth $120 Million

Sammy was interested in the southern California music scene, so his first attempts to become a singer were in the band called Fabulous Castilles, but the future famous rock star started his serious musical career in 1973, playing with the band called “Montrose”. After that, he was seen in many musical events in the USA, but still his most striking appearance was with the rock band “Van Halen”.

Sammy Hagar wasn’t an original member of “Van Halen” and joined the band later, in 1985 ,after David Lee Roth was fired and the other musicians needed a new singer and songwriter. As a new member he provided many innovations to the sound and that’s why he is considered as one of the most controversial band members of all time. Because of such a new singing technique and therefore huge influence, fans even started to call band “Van Hagar”., but then he received complaints because of changing music styles too much. Although this segment of his career gave Sammy ilustriouness, later he started to argue with the rest of the band and finally was fired.

However, Sammy wasn’t planning to leave music world, but besides his career as a musician, Sammy Hagar also started the new tequila brand Cabo Wabo and the chain of Cabo Wabo restaurants. Sammy decided to sell his Cabo Wabo tequila company and in 2009, 80% of the company brought him $80 million. Later in 2009 he sold the other 20%, and profited by another $15 million. So if we would look at his general capital we can make the conclusion that the band Van Halen gave Sammy an opportunity to be well-known in the world, but his main amount of money was made thanks to Cabo Wabo.

Nowadays Sammy Hagar lives in the United States of America with his second wife Kari (Karte) Hagar and two daughters. He also has two sons from a previous marriage with Betsy Berardi. He divorced from Betty in 1994 after 26 years of marriage. Now he continues his musical career by releasing his own solo albums and working with the band Chickenfoot. However, today many people still say that Sammy was much more talented as a successful businessman than as a musician. At least one thing is known for certain – a huge part of his capital was made thanks to his restaurant chain, while “Van Halen” just made him famous.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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1 Comment

  1. El Rey de la Muerte

    October 3, 2016 at 5:27 pm

    The second best singer Van Halen ever had next to Michael Anthony.

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Musicians

Neal Schon Net Worth

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Neal George Joseph Schon was born on 27th February 1954 at Tinker AFB (Air Force Base), Oklahoma USA, of Italian and German descent. Neal Schon is a rock guitarist, songwriter and vocalist, best known for being an important member of several hugely popular bands, namely Santana, Bad English and Journey.

So just how rich is Neal Schon? Neal’s net worth has been calculated to be over $30 million, amassed during his successful career of more than 40 years in the music industry.

Neal Schon Net Worth $30 Million

Neal Schon was lucky to be born into a musical family – his father Mathew Schon was a famous musician and mother Barbara Schon sang in a band. So Schon picked his first guitar at the age of five years, and starting at early age is usually a way to success. His first career steps started at the age of 15 with the band Santana, in preference to joining Eric Clapton in the band Derek and the Dominos, and debuting with some vocals on Santana’s album Santana III. Being such a great musician at such young age with the possibility to choose between two iconic bands, he went on and started making his money. He also played for Azteca but very briefly.

In 1973 Neal Schon formed his now legendary band Journey. He subsequently released five solo albums, and fourteen studio albums with the band. This must be the main flow into his net worth. Importantly, he is the only band member who has not changed through the years. He has taken part in every tour of the band, and sang on all their albums, so no doubt this longevity with Journey has increased the overall amount of Neal Schon’s net worth as well. Apart from this, he has also collaborated with famous musicians such as keyboardist Jan Hammer, Sammy Hagar and Paul Rodgers on short-term projects.

Neal Schon is as great a vocalist, as he is a guitar virtuoso. Two talents double the money earned, does it not? Let’s talk about his musical influences, of whom there were plenty. He has said that he was highly influenced by the 1960’s, musicians from that era such as Gladys Knight and Aretha Franklin. Then he put some blues to the mix, namely B.B. King and added some guitar-based influences, including of course Carlos Santana and Eric Clapton as well as Wes Montgomery. This is probably Neal Schon’s key to fame – adding the best ingredients from different musical eras.

Schon was always proud of his guitars. He started with acoustic Stella guitar followed by Gibson ES-335. At present he became interested in Xotic guitars. Schon was inducted into the Oklahoma Music Hall of Fame in August 2013, which made him, if possible, even more famous. This is considered to be an accomplishment of a lifetime for any musician.

In his not-so-private personal life, Neal Schon has married five times, first to Tena Austin(1976-86), then Beth Buckley(1987-92), Dina Gioeli(1993-99), and Amber Kozan(2001-08). In 2013 he married Michaele Salahi. He has five children.

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Rock Stars

John Frusciante Net Worth

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John Frusciante is a famous musician. He is one of the most successful musicians of all time, because his net worth is said to have reached 23 million dollars. John Frusciante is well known for being a singer, guitarist, songwriter and producer. However, John Frusciante is most famous for having been a member of the band called Red Hot Chili Peppers, where he played as a guitarist. Through work with the Red Hot Chili Peppers band, most of his net worth has been accumulated, as well. He recorded five albums with the band between the years 1988-1992 and 1998-2009. John Anthony Frusciante was born in Queens, New York on March 5, 1970.

John Frusciante Net Worth $23 Million

His both parents had musical careers but at the early age they separated and John grew up with his mother and later, stepfather. Throughout life they were moving quite a lot to different states and cities. However, at nine years old his family settled in the Los Angeles area and that was when he started playing guitar. At first his interest was fixed on punk rock music, later he focused on famous guitar players, like Jeff Beck, Jimmy Page, David Gilmour and Jimi Hendrix. When he discovered Frank Zappa, he could try to reach the same level of mastery for hours. Around 1984 he discovered the band Red Hot Chili Peppers and instantly became a fan. At sixteen he dropped out of high school and moved to L.A. to work on his guitar playing skills. He tried studying professionally at the Guitar Institute of Technology but dropped out understanding that academic studies were not for him.

John Frusciante became member of Red Hot Chili Peppers at eighteen and this was the beginning of his professional music career. By the way, he was the youngest band member, gapping about twenty years from others. This did not stop him from winning the audition and bringing fame and money to the then not very popular band. The first album they produced was called “Mother’s Milk” in 1989. In 1991, a very successful album of the band was released titled “Blood Sugar Sex Magik”. The band gained overwhelming success and because of it, John Frusciante left the band one year later after the release of the mentioned album.

Knowing the history of the Red Hot Chili Peppers, you could understand the reason why the young guy got into drugs. The band’s lead singer, Anthony Kiedis describes their past time activities in his biographical book “Scar Tissue”. Being so young and inexperienced, John got instantly addicted, was practically thrown out of the band and started his solo career. During that he burned down his house and had many visits to rehab. The solo projects he released during that time were called “Smiles from the Streets You Hold” and “Niandra Lades and Usually Just a T-Shirt”. In 1998, it was announced that 16 million copies of his solo records were sold. Today he has 10 solo albums released. Drugs did not stop him from getting near the money.

Besides solo career and Red Hot Chili Peppers, John Frusciante has also collaborated with many other acts, such as Omar Rodriguez-Lopez, The Mars Volta, Josh Kilingoffer and many more. The collaborations, of course, also added up to his net worth.

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