David Foster Net Worth (Money & Salary)

Find Out David Foster’s Net Worth

David Foster, a Canadian musician, record producer, composer, singer, songwriter, and arranger, boasts a staggering net worth of $150 million. Throughout his illustrious career, he has played a pivotal role in discovering talents such as Michael Buble, Josh Groban, Celine Dion, and more. Foster has also produced music for iconic artists like Mariah Carey, Whitney Houston, Celine Dion, Andrea Bocelli, Chicago, and Toni Braxton. His accolades include 16 Grammy Awards from 47 nominations, having sold over 500 million albums in total for the artists he has collaborated with over the years.

Without his four divorces, David Foster’s net worth could have been even higher. Presently, he is married to singer/actress Katharine McPhee. Apart from his personal life, David has contributed substantial amounts to charitable causes, primarily through the David Foster Foundation, with a focus on supporting children battling life-threatening medical conditions.

Early Life

Born on November 1, 1949, in Victoria, British Columbia, Canada, David Walter Foster was exposed to the music world early on. His father, Maurice (Maury) Foster, held the role of a maintenance yard superintendent, while his mother, Eleanor May (née Vantright), was a homemaker. Foster began his musical journey by enrolling in the music program at the University of Washington in 1963 at the age of 13. Subsequently, he auditioned for the position of band leader at an Edmonton nightclub in 1965, owned by renowned jazz musician Tommy Banks, who greatly influenced Foster’s music career. Moving to Los Angeles in 1974 with his band Skylark after playing with renowned figures like Ronnie Hawkins and as a backup band member for Chuck Berry.

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Career

Foster began his musical journey as a keyboardist for the pop band Skylark, gaining notable recognition for their hit song “Wildflower” in 1973. Following the band’s disbandment, Foster stayed in Los Angeles and co-founded the band Airplay with Jay Graydon. Besides performing music, Foster ventured into songwriting, producing, and arranging for various projects. His diverse portfolio includes contributions to Earth, Wind & Fire’s album “I Am” (1979), where he played and arranged songs, and co-wrote numerous tracks. Among his notable works from the 1980s are multiple Chicago albums, composing “Forever” (1985) and “Heart to Heart” (1982) for Kenny Loggins, as well as his involvement in Kenny Rogers’s albums “What About Me?” (1984) and “The Heart of the Matter” (1985). Foster also scored the film “St. Elmo’s Fire” (1985) and penned songs for movies like “The Secret of My Success” (1987) and “Stealing Home” (1988). Noteworthy collaborations in the 1990s and beyond include producing hits like “Un-Break My Heart” for Toni Braxton and “Because You Loved Me” for Celine Dion.

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Yolanda Hadid, a Dutch model, was Foster’s fourth wife, in a marriage that lasted from 2011 to 2017.

In 2018, Foster got engaged to Katharine McPhee, a singer and actress who is 34 years younger than him. Their marriage took place in June 2019, and they welcomed their son, Rennie David, in February 2021.

Real Estate

In 2014, David and Yolanda sold their Victoria penthouse for $5 million, and in 2015, they sold their Malibu estate for $19 million after initially listing it for $27.5 million.

By 2020, David Foster had listed his Wilshire Corridor condominium for sale at $3.995 million. Later in 2021, David and Katharine purchased a mansion in LA’s Brentwood neighborhood for $7.1 million.

Data from 2023 and 2024, along with forecast data for 2025 and 2026, is available. Additional forecast data has been extended up to 2027 and 2028.

* This information was taken from various sources around the world, including these countries:

Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.

Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.