{"id":161183,"date":"2023-07-13T12:14:10","date_gmt":"2023-07-13T11:14:10","guid":{"rendered":"https:\/\/buzzsouthafrica.com\/us\/?p=161183"},"modified":"2023-07-13T12:14:13","modified_gmt":"2023-07-13T11:14:13","slug":"what-is-sammy-hagars-net-worth-and-is-he-the-richest-van-halen-member","status":"publish","type":"post","link":"https:\/\/buzzsouthafrica.com\/us\/what-is-sammy-hagars-net-worth-and-is-he-the-richest-van-halen-member\/","title":{"rendered":"What is Sammy Hagar\u2019s Net Worth and Is He The Richest Van Halen Member?"},"content":{"rendered":"

Sammy Hagar is a Mexican-American rock star with a net worth of $150 million. He is credited as the richest member of the Van Halen rock band.<\/strong><\/p>\n

Sammy was not born with the silver spoon; the musician and businessman started from an impoverished background delivering newspapers, mowing lawns, and picking fruits to earn a living. However, his story changed after he joined the music industry.<\/p>\n

What is Sammy Hagar\u2019s Net Worth?<\/strong><\/h2>\n

Recent estimations of Sammy Hagar\u2019s net worth from trusted sources like Celebrity Net Worth pegged it at $150 million, making him one of the richest rock stars of our time.<\/p>\n

While he still held majority shares in his Cabo Wabo Tequilla Company, tax filing revealed that Sammy was raking in $30 million per year on average. Sammy\u2019s $150 million fortune is divided between his music career and business concerns.<\/p>\n

Is Sammy Hager The Richest Van Halen Member?<\/strong><\/h3>\n

Though he left the Van Halen rock band several years ago, Sammy Hager is still credited as the richest among its members with his $150 million fortune.<\/p>\n

The second richest member of the rock band was the band\u2019s guitarist, Eddie Van Halen. Though he is now late, his net worth was estimated at $120 million in 2023.<\/p>\n

Next to Eddie is drummer Alex Van Halen with a fortune pegged at $110 million in 2023. Van Halen\u2019s bassist, Michael Anthony, follows with a bottom line of $80 million. Lead vocalist David Lee Roth is the least rich among them, as he only has $60 million.<\/p>\n

A Breakdown of How Sammy Hagar Made His Fortune<\/strong><\/h2>\n

The major reason why Sammy Hagar became extremely rich is his diversified sources of income. The frontman of Van Halen was earning through music, real estate, writing, and other forms of business.<\/p>\n

His Early Days of Doing Odd Jobs<\/strong><\/h3>\n

Sammy Hagar may be stupendously rich today, but the celebrated musician had some fruit-picking and lawn-moving days just to put food on the table. According to Sammy, he would pick fruits at some farms, mow lawns for people, and even deliver newspapers just to earn a few bucks.<\/p>\n

However, whatever he was doing to survive did not douse his interest in music. It was during his days in high school that he began developing a passion for music which led him to learn how to strum the strings of a guitar on a Sears catalog-bought instrument that cost $40.<\/p>\n

Though he only lived from hand to mouth during this period and didn’t have enough to spare for instruments, the $40 investment formed the basis for what would become a hugely successful life in both the music industry and the wheeling-dealing world of business.<\/p>\n

He Founded his First Music Band at Age 14<\/strong><\/h3>\n

Sammy Hagar was barely 14 when he started playing music at a professional level by forming the band Fabulous Castilles, which marked his first music group.<\/p>\n

1967 was when he became part of the Johnny Fortune Band, where he functioned as a vocalist cum guitarist. At a point, he collaborated with the likes of The Nightclub \u2013 a popular San Bernardino, California-based nightclub.<\/p>\n

Joining the band HSAS (Hagar Schon Aaronson Shrieve), Hagar stayed from 1983 to 1984, performing with music greats such as drummer Michael Shrieve, lead guitarist Neal Schon, and bassist Kenny Aaronson.<\/p>\n

Alongside guitar virtuoso Joe Satriani, Michael Anthony, and Red Hot Chili Peppers drummer Chad Smith, Sammy formed Chickenfoot. He also went into collaboration with Waboritas guitarist Vic Johnson, drummer Jason Bonham, and Michael Anthony to launch The Circle. Together, Chickenfoot and The Circle amassed a total of 25 Platinum albums, and the sales they recorded surpassed over 50 million worldwide. Needless to say, Hagar earned millions of dollars from all these commercially successful albums and records.<\/p>\n

These were the days of humble beginnings for the music superstar, and they opened inroads into a brighter future.<\/p>\n

Sammy Hagar Landed his Breakout as a Member of the Montrose Music Band<\/strong><\/h3>\n

Sammy Hagar’s first big break occurred in 1973 when he joined the band Montrose and helped in launching both their first and second studio album. It was at this point that he penned his first song entitled “Bad Motor Scooter,” which was released through Montrose<\/p>\n

Sammy Hagar’s Solo Career<\/strong><\/h3>\n

After he left Montrose, Hagar went on to try his hands at a solo career. This led the then-blossoming music star to score a hit with the song \u201cI Can\u2019t Drive 55\u201d. As the song became a huge success, it made Sammy a household name in the mid-1980s, and it was during this period that he earned the moniker Red Rocker because of his red hair.<\/p>\n

During his reign as a solo artist, Hagar recorded massive sales in the United States, selling above 3.5 million albums which earned him millions of dollars, though the exact amount he earned as a solo artist is not known.<\/p>\n

Van Halen Was Sammy Hagar’s Most Succesful Music Venture<\/strong><\/h3>\n

Following the departure of David Lee Roth from the Van Halen music band, Eddie Van Halen called on Sammy Hagar to fill his shoes. With Sammy as the band\u2019s frontman, Van Halen went on to drop four multi-platinum, chart-topping albums, including “5150,” “OU812, “Balance”, and “For Unlawful Carnal Knowledge”. It was also during Hagar\u2019s years with the famous music band that it released nine #1 rock hits on different charts<\/p>\n

Sammy\u2019s reign in Van Halen was so felt by fans and music lovers that people started calling the band Van Hagar instead of Van Halen. This was when the band recorded above 27 million in album sales worldwide, with per album sales average pegged at 6.75 million.<\/p>\n

Before long, the band started experiencing some in-house discord that led Hagar to leave in 1996. However, he had already tidied up enough money to launch his career to the next level. It was during this period that he joined effort with Van Halen’s drummer David Lauser and bassist Michael Anthony to launch another rock band named Los Tres Gusanos, meaning The Three Worms. The band traveled through different locations in San Francisco, playing Sammy\u2019s tracks, cover songs, and some of Van Halen’s songs. They majorly played at Sammy\u2019s nightclub Cabo Wabo located in Cabo San Lucas.<\/p>\n

Sammy Hagar made his come-back to Van Halen during the latter part of 2003, and the next year, the rock band dropped its greatest hits collection entitled, The Best of Both Worlds, and went ahead to embark on a global tour with Sammy. The band eventually sold over 80 million records on a global scale. They ended up releasing 12 studio albums, two live albums, two compilation albums, and three video albums, including 56 singles.<\/p>\n

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