What Is Canadian Musician David Foster’s Net Worth?

David Foster
David Foster

Canadian musician and composer and arranger, and also a producer David Walter Foster have won many accolades, which include sixteen Grammy Awards. Earning a Grammy Award is a very big deal in the music industry, and every artist desire to earn at least one granny, but here David won sixteen Grammys and was nominated forty-seven times for this prestigious award.

David Foster is a big name in the music industry, and his work is critically acclaimed and is liked worldwide by n number of people. David Foster was born on November 1 in the year 1949, in Victoria, British Columbia in, Canada. He doesn’t have only one genre in which he composes his music. He composes it in many different styles, and his fans get to enjoy classical, pop, rock, gospel, R&B, and Jazz music which is made by their favorite Canadian singer.

David Foster and Katharine McPhee
David Foster and Katharine McPhee

The Best of Me, Wildflower, For Just a Moment, Winter Games, And When She Dances, Glory of Love, Nothin’ You Can Do About It, This Must Be Love After The Love Has Gone, and Should We Carry On are some of the pieces which are created by our sixteen times winner of Granny Awards.

In this article, we will be discussing Canadian musician David Foster’s net worth and what is the source of his income.

What is David Foster’s Net Worth?

David Foster is a Canadian musician and record producer. He has a total net worth of $150 million. He is behind Michael Buble, Josh Gorban, and Celine Dion’s entry into the music industry. He helped them to recognize their talent for music and helped them to realize their potential.

David Foster has worked with many big artists, such as Mariah Carey and Whitney Houston and Celine Dion and Andrea Bocelli and Chicago, and Toni Braxton, and has made some great music. He has also worked with American singer and songwriters Madonna and Michael Jackson.

David Foster and Katharine McPhee
David Foster and Katharine McPhee

As mentioned earlier, he has won 16 Granny awards and has sold over 500 million albums. He also does donations and has a charity fund after his name. David Foster Foundation is the name of the charity to which he donates hundreds of millions of dollars.

This charity helps children who are fighting for their lives due to some medical condition. In 2021 he bought a lavish mansion in Los Angeles in the United States and paid a whooping amount of $7.1 million for his LA mansion, which is constructed in the Brentwood neighborhood.

David Foster’s Career

David Foster put his foot in the music industry after jazz musician Tommy Banks took him under his wings in 1965. Nine years later, in 1974, he moved to Los Angeles with his band Skylark. Before this, he even worked with Chuck Berry and Ronnie Hawkins. Erik Wangberg discovered his band, and after that, his song, Wildflower, became popular and was in the top ten hits in 1973.

David formed the second band Airplay with Jay Graydon after his band did not disband. Along with playing, he also started writing music and also started working as a producer and songwriter. His track After the Love Was Gone won the Grammy in 1980 in the R&B category.

This Must Be Love singer David Foster also composed the theme music for the 1988 Winter Olympics, which happened in Calgary. In 1995 he had another big achievement his deal with Warner Brothers begged him to set up his record label. He named it 143 Records. In 1997 he sold this label to Warner Brothers and became the vice president of the corporation.

David Foster and Katharine McPhee
David Foster and Katharine McPhee

He made many songs in the 1990s, such as Babyface, Un-Break My Heart, Because You Loved Me, and Have You Ever? In 2008 in his concert David Foster and Friends, he performed all the songs he had produced or written in his career of 35 years. The main attention of the show was David and Andrea Bocelli. Celine Dion, Blake Shelton, and Katherine McPhee were in support.

In 2011 he was announced as the next chairman of Verve Music Group, but after 5 years, in 2016, he left the label. In June 2018, he got engaged to McPhee, and the next year, in June, they got married. In 2021 the couple welcomed their first child, Rennie David. His marriage with McPhee was his 4th marriage.

In 1982 he married B.J. Cookie, whom he divorced in 1986, and in 1991, he married Linda Thompson, and they got divorced in 2005. After his second marriage ended, he married Yolanda Hadid in 2011, and they got separated in 2017.