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How Rod Stewart Achieved a Net Worth of $240 Million

Rod Stewart

One of the best known and most successful British rock singers and songwriters of the current day is Rod Stewart. This artist has enjoyed a career in the music industry that has spanned seven decades, as he began his career in 1961 and he has remained active even though he is now in his 70s. Due to the success in his career, it is now estimated that Rod Stewart has a net worth of $240 million. Here is an overview of how this talented man became so wealthy.

Stewart’s Early Life

According to IMDb, Stewart was born as Roderick David Stewart in London on January 10, 1945. He is the fifth and youngest child of Robert Stuart and Rebecca Gilbart in the Stuart Clan. As a child, he was more interested in making model railways and playing football than in music. That all changed when he was introduced to rock and roll in 1956 when Little Ritchie released ‘The Girl Can’t Help It. Stewart joined a skiffle group called the Kool Kats in 1960 along with some friends from school.

Rod Stewart’s Career in Music 1961-1999

The first group that Stewart sang with was called The Raiders. While he was with this group, he auditioned unsuccessfully with a music producer. By 1962, Stewart had paired up with Whiz Jones, and the pair began touring their act in Brighton, Paris, and then around Spain. The following year, he had his hair cut into the rooster style that has since become known as his trademark look. The same year, he joined another group as a singer and harmonica player, but the group did not have a lot of success.

During the mid-60s, Stewart was part of the group Steampacket and he developed his image as Rod the Mod while also maintaining a solo career. He left the group in 1996 saying that he had been sacked, although other members of the group said he quit. He then became a vocalist for the Jeff Beck Group. This also allowed him to use his songwriting talents. The singer then went on to perform with Faces. By now, Stewart was finally enjoying some success in his music career. However, he did not feel that being in a group was right for him and he decided to become a solo artist. It was a good decision as it wasn’t until he became a solo artist that his career really took off. His debut solo album ‘An Old Raincoat Won’t Ever Let You Down’ was released in 1969.

Stewart in the 1970s

The 1970s were probably the best period in Rod Stewart’s career, as this was when he achieved a lot of commercial success. During this period, his music was a fusion of rock, folk music, R&B, and soul music. During the 1980s, he began to change his style a little, and he began to sing and write in the genres of soft rock and new wave music. Over the next two decades, Stewart continued to evolve his style, although his look has never changed much. In total, he released 31 studio albums throughout his career, many of which were in the top ten in the UK charts, and several that reached number one.

He has been ranked as one of the most successful British artists of all time by multiple publications. He has been inducted into the US Rock and Roll Hall of Fame twice, once in 1994 as a solo artist, and again in 2012 as a member of Faces. He was also inducted into the UK Music Hall of Fame in 2006. Today, he continues to perform live, and his last tour took place in 2019. Even now, people from around the world continue to buy his albums and buy tickets to see him perform live. Therefore, it is little wonder that he has achieved a net worth of $240 million.

Rod Stewart’s Net Worth

According to Celebrity Net Worth, Rod Stewart now has an estimated net worth of $240 million. This puts him in the top 10 wealthiest people in the British music industry. He has made his money from selling singles and albums, both in groups and as a solo artist, and also from other aspects of work in the music industry, such as ticket sales, merchandise, and fees for live performances. His wealth has allowed him to have homes in both the UK and in Los Angeles. He also has a car collection that includes a Porsche and a 400 Ferrari Enzos.

His Personal Life

In his personal life, Rod Stewart is known almost a much for having multiple relationships with women as he is for his music. This has led to him having eight children by five mothers, marrying three times, and having several high-profile relationships with celebrities. His first child was from his year-long relationship with Susannah Boffey. Their daughter, Sarah, was raised by adoptive parents as they were not ready to raise a family. He dated Jennie Rylance and Dee Harrington before beginning a relationship with Britt Ekland in 1975. They were together until 1977, and she claims they split due to his infidelity.

Stewart’s first marriage was to Alana Stewart in 1979, and they were married until 1984. From this marriage, the couple had two children. Kimberley was born in 1979 followed by Sean in 1980. Before his marriage to Alana ended, Stewart began a relationship with Kelly Emberg. They were together from 1983 until 1990, and their daughter Ruby was born in 1987. Stewart married for the second time in 1990 to model Rachel Hunter. They had a son and a daughter together before divorcing in 2006. The year following his divorce, Stewart married to model Penny Lancaster. However, he had been dating her since 1999 when he was still married to Rachel Hunter. Their first son was born in 2005 followed by their second son in 2011.

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Allen Lee

Written by Allen Lee

Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language.

Read more posts by Allen Lee

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