Net Worth

The Net Worth Of David Foster, A Renowned Canadian Artist!



In this article, we will discuss the topics like, What is the net worth of David Foster? Everything about David Foster and also How much money has he amassed? Therefore, if this is something that piques your curiosity, stick with us.

What Is The Net Worth Of David Foster?

David Foster is a Canadian musician, record producer, composer, singer, songwriter, and arranger who has a net worth of $150 million. During his career, he has helped musicians like Michael Buble, Josh Groban, Celine Dion, and others get noticed. Foster has also worked with Mariah Carey, Whitney Houston, Celine Dion, Andrea Bocelli, Chicago, and Toni Braxton, who are all well-known artists.

He has also worked as a producer for artists like Madonna, Air Supply, and the late Michael Jackson. He has been nominated for 47 Grammys and has won 16 of them. Over the years, he has helped sell more than 500 million albums for the artists he has worked with.

David’s net worth would likely be larger without four divorces. He married singer-actress Katharine McPhee. David has given away and raised hundreds of millions of dollars for charity, mostly through the David Foster Foundation, which helps kids who are fighting for their lives because of a medical condition.

Early Life

David Walter Foster was born in the Canadian city of Victoria on November 1, 1949. Maurice (Maury) Foster, his father, was a maintenance yard superintendent, and Eleanor May (née Vantright), his mother, was a homemaker. When he was 13 years old, in 1963, he went to the University of Washington to study music. Then, in 1965, he tried out for the job of band leader at a nightclub in Edmonton.

david foster net worth

Tommy Banks, a well-known jazz musician, owned the place. He took Foster under his wing and taught him how to make it in the music business. In Toronto, Foster played with Ronnie Hawkins and was in a band that backed up Chuck Berry. In 1974, he and his band Skylark moved to Los Angeles.


Foster played the keyboard for the pop group Skylark. Eirik Wangberg found them, and in 1973, their song “Wildflower” was a top ten hit. Foster stayed in Los Angeles after the band broke up and joined forces with Jay Graydon to make the band Airplay.

In addition to playing his music, he also started working on different projects as a songwriter, producer, and arranger. For example, he played in the studio and helped arrange Earth, Wind, and Fire’s 1979 album “I Am.” He also co-wrote six of the songs on that album. Foster, Graydon, and Bill Champlin wrote the song “After the Love Has Gone.” It won the 1980 Grammy Award for Best R&B Song.

He kept making music and writing songs through the 1980s. During this time, he worked on several albums by Chicago, the songs “Forever” (1985) and “Heart to Heart” (1982) by Kenny Loggins, and the albums “What About Me?” (1984) and “The Heart of the Matter” by Kenny Rogers (1985). He also wrote the music for the 1985 movie “St. Elmo’s Fire” and songs for the 1987 and 1988 movies “The Secret of My Success” and “Stealing Home” (1988). He wrote the 1988 Calgary Winter Olympics theme song.

david foster net worth

Foster made a deal with Warner Brothers in 1995 that let him start his small record label, 143 Records, as a joint venture with Warner. The Irish folk-rock band The Corrs was one of the first groups that 143 Records signed. But by 1997, Foster had sold the label back to Warner and was working there as a senior vice president.

Foster wrote “The Power of the Dream,” the 1996 Summer Olympics theme, with Kenneth “Babyface” Edmonds in the 1990s. He also produced Diane Warren songs like “Un-Break My Heart” by Toni Braxton, “Because You Loved Me” by Celine Dion, and “Have You Ever?” by Brandy.

In 2008, Foster put on a one-night show in Las Vegas called “Hitman: David Foster & Friends.”

Foster played his 35-year-old songs at the show. Andrea Bocelli, Celine Dion, Blake Shelton, and Katharine McPhee assisted.

Foster became Verve Music Group’s chairman in 2011, however he left in 2016 due to a management change. He recorded Bryan Adams, Andrea Bocelli, Mary J. Blige, Josh Groban, Michael Buble, and Renee Olstead. Foster produced numerous top-selling Christmas albums, including Celine Dion’s “These Are Special Times” (1998), Josh Groban’s “Nol” (2007), Rod Stewart’s “Merry Christmas, Baby” (2012), and Jordan Smith’s “Tis the Season” (2015).

(2016). In 1998, 2007, 2008, 2009, 2011, and 2012, he made the Christmas album that sold the most copies.

Appearances On Television

Foster has had many chances to appear on TV, mostly on music-related shows, because he is well-known as a veteran music producer. In April 2006, he appeared on “American Idol” as a guest mentor and on “Nashville Star” as a guest judge. He has also been on “Celebrity Duets,” “Star Tomorrow,” “The View,” “The Oprah Winfrey Show,” and “The Real Housewives of Beverly Hills.” In 2015, 2017, and 2019, he was a judge on the talent show “Asia’s Got Talent.”

david foster net worth

Personal Life And Charity

Foster has been married five times and has five daughters and seven grandchildren from his own children. The singer and writer B.J. Cook was his first wife. From 1982 to 1986, he was married to Rebecca Dyer. From 1991 to 2005, he was married to the actress Linda Thompson.

They actually worked as a songwriting team and wrote several songs together. Whitney Houston sang “I Have Nothing” in the movie “The Bodyguard” (1992). While he was married to Thompson, he was the stepfather to Brody and Brandon Jenner, Thompson’s sons from her previous relationship with Caitlyn Jenner (then Bruce Jenner). Thompson, Foster, and two Jenners were all on “The Princess of Malibu,” a reality TV show, for a short time (2005).

Foster’s fourth marriage was from 2011 to 2017 to the Dutch model Yolanda Hadid.

In June 2018, Foster engaged to 34-year-old singer and actress Katharine McPhee. They wedded June 2019.

Real Estate

David and Katherine bought a mansion in LA’s Brentwood neighborhood for $7.1 million in 2021.

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