Here's How David Foster Spends His Massive $150 Million Net Worth

April 11, 2024

Highlights

David Foster has had a a success occupation as a Grammy-winning song manufacturer, running with big-name artists like Celine Dion and Whitney Houston.
Foster enjoys a luxurious lifestyle, with a net worth of $150 million, which allows him to go back and forth and reside comfortably with his wife.
From purchasing a new $7.1 million home to taking part in double dates with Prince Harry and Meghan Markle, Foster is aware of how to reside his existence adore it's golden.

Long ahead of he became a Grammy-winning tune manufacturer and government, David Foster was an up-and-coming ability, running underneath the mentorship of Tommy Banks. Foster would grow to grow to be a manufacturer in his personal proper, churning out songs for The Tubes, Chicago, Kenny Rogers, Celine Dion, Whitney Houston, and Josh Groban, to call a couple of artists he has labored with. He additionally labored on composing scores for films equivalent to The Secret of My Success.

Speaking of success, Foster owes a lot of his to his father. He’s found luck of his personal and has a catalog that incorporates work on the controversial movie The Bodyguard, the soundtrack from which sold tens of millions of copies. It goes with out announcing that the luck of his works equates to a mammoth net worth, and Foster knows precisely how to spend his cash.

Here are the numerous tactics we've observed him reside his existence love it’s golden.

All Of David Foster's Famous Wives And Girlfriends Before Katherine McPhee

Music producer David Foster has been running with probably the most biggest names in display trade since ahead of his wife Katherine McPhee used to be even born.

Updated November 2023: David Foster is drawing near his mid-70s and is still investing in his occupation. He has been reserving displays and planning excursions.. As of now, he has a net worth of approximately $150 million, permitting him the freedom to travel with his spouse and live a comfy life.

8 A Six-Figure Engagement Ring

Price: Between $100,000 - $150,000

Back in 2018, Foster, who had been rumored to be courting Katharine McPhee since 2017, popped the question with a five-carat ring estimated to have price him figures between $100,000 and $150,000.

The pair first met on American Idol where McPhee was a contestant, and it wasn’t till 2017 that chemistry brewed between the 2. The ring is particularly special to McPhee, because it was the last thing she showed to her father sooner than he passed away.

7 Purchasing A New Family Home

Price: $7.1 Million

In 2020, word went around that Foster and previous American Idol runner-up Katharine McPhee, whom he married in 2019, were house-hunting around L.A. In 2021, it was reported that McPhee and Foster had set their sights on a $7.1 million home on Brentwood Park that used to be built in the Nineteen Twenties.

In addition to offering a super view of Los Angeles, the home boasts six bedrooms and 5 bogs, which technically don’t topic, as the couple is ready to bring the structure down and have their dream residence constructed.

6 Who Are David Foster's Famous Neighbors?

They Live Close To James Corden

Although the easiest house for McPhee and Foster can be right subsequent door to Meghan Markle and Prince Harry, with whom they percentage a perfect friendship, the pair is not in need of famous neighbors inside walking distance in their newly purchased assets.

Should McPhee ever have time for a bit of chitchat, she wouldn’t have to move too far as jewellery fashion designer Jennifer Meyer is lovely close. Also shut nearby is previous The Late Late Show host, James Corden.

5 Double Dates With Prince Harry And Meghan Markle

Spend Time With Royals

McPhee as soon as published that, as youngsters, she and Meghan Markle both participated in musicals. According to UsWeekly, Meghan Markle and McPhee knew each and every other growing up, however they weren’t that tight. However, when Harry and Meghan made up our minds to forgo being royals, they grew pretty close. Both couples were spotted at Lucky’s Steakhouse up to now, enjoying a double dinner date.

4 Foster And McPhee Enjoy Cruises

Price: Mediteranean Cruises Cost Around $3000 Per Person (Royal Carribean Blog)

Right ahead of Foster and McPhee tied the knot in 2019, the pair went vacationing in Italy and Greece. The Grammy Award-winning composer and The House Bunny actress had been interested by having the time of their lives on an '80s-themed cruise.

The soon-to-be newlyweds on the time couldn’t stay their hands off of one another. McPhee posted an image of her planting a kiss on the cheek of her guy, who was all smiles.

3 A Love For Yamaha Pianos

Price: Up To $100,000 (Piano Price Point)

It goes without announcing that song is Foster’s old flame. When it involves pianos, Foster is specific with his logo of choice. The producer has handiest owned the Yamaha logo of pianos within the closing 20 years of his occupation.

He owns a nine-foot grand which he thinks is perfection at its highest. In addition to that, Foster continues to be in possession of a spinet that he bought when he used to be seventeen and hadn’t made the cash he has nowadays.

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2 Foster Has A Killer Car Collection

David Foster Has An Affinity For German Engineering

Before he made it massive, Foster made a pact with himself that he would purchase a Mercedes 450 SL. That dream came true in 1978. He’s since added more toys and has a specific affliction for black cars. In reality, when he purchased his dream automotive, it was copper-colored, and Foster’s first order of commercial used to be to provide the car a black color of paint.

While he has an inclination in opposition to Mercedes the same method he’s all cherished up in relation to Yamaha, one of the most bad boys Foster has had in his assortment come with an Aston Martin, which he bought after gazing a JamesBond film.

Some Of David Foster's Luxury Cars (MoneyMade)
Mercedes 450 SL	1978
Mercedes 550	2007
Aston Martin Vanquish	2006

According to MoneyMade, Foster's favourite car was once lost in a Malibu woodland hearth. It used to be a 991 Chevy Suburban

1 Foster Is Giving Back Through Charity

$35.8 Million In Funding Reserves

Every superstar has a most well-liked house of philanthropy. Jennifer Lopez likes to work with youngsters, Beyoncé has a passion for inspiring the less fortunate in a self-sufficient method, and Taylor Swift regularly provides to and helps music-related charity drives.

The David Foster Foundation was inspired by a little bit girl who was waiting for a liver transplant. The foundation aids families of in poor health kids who're looking forward to transplants, and likewise specializes in organ donor consciousness. The David Foster foundation had donations of $1.5 million in 2021, and has $35.8 million in funding reserves.

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