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Elton John, the acclaimed British singer, composer, pianist, and songwriter, stands as a musical titan with a remarkable net worth of $550 million. This legendary figure has left an indelible mark on the music industry, having sold over 300 million albums globally, securing his spot as the fifth highest-selling artist in contemporary history, trailing only Madonna, Michael Jackson, Elvis, and The Beatles.
Sir Elton John has adorned his career with a dazzling array of accolades, counting an extensive collection of music awards. His hit single "Candle in the Wind" claims the title of best-selling single in both UK and US singles chart history. With 50 songs gracing the Top 40 and nine chart-toppers, seven consecutive #1 albums, and a treasure trove of Grammys, Oscars, Golden Globes, and a Tony Award, Elton John is a force to be reckoned with.
Born as Reginald Dwight on March 25, 1947, in Middlesex, England, Elton John's musical journey commenced at a tender age. His profound connection with the piano began at three, flourishing under the wing of his grandmother's instrument. Formal lessons followed suit at seven, leading to a scholarship at the prestigious London's Royal Academy of Music by age eleven.
Elton's partnership with songwriter Bernie Taupin served as a cornerstone of his success. Their collaboration birthed more than 30 albums that collectively sold over 300 million copies. Elton's debut albums, "Empty Sky" and "Elton John," hit the scene in 1969 and 1970, setting the stage for a series of chart-topping albums in the following years.
The 1980s ushered in a slew of successful albums, and in 1992, Elton and Taupin inked a groundbreaking $39 million, twelve-year contract with Warner Bros. Records, a record-setting advance at the time.
Elton's musical genius also graced the animated movie "The Lion King," earning him a Grammy Award for Best Song. His timeless hit "Candle in the Wind" re-emerged in 1997, becoming the best-selling single ever and earning him a Grammy for Best Male Pop Recording.
Elton's life is punctuated by personal milestones, including his marriage to filmmaker David Furnish after publicly coming out.
How much does Elton John make in royalties each year?
With his astounding record sales, chart-topping hits, and musical legacy, Elton John's royalties alone continue to rake in substantial earnings. An estimated $25.5 million per year flows into his coffers, a testament to the enduring power of his musical catalog.