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David Foster: The Maestro Behind The Music

Scope
Category:
Richest Business › Producers
Net Worth:
$150 Million
Birthdate:
Nov 1, 1949 (75 years old)
Birthplace:
Victoria
Gender:
Male
Profession:
Record producer, Songwriter, Composer, Television producer, Actor, Musician, Singer, Music Arranger, Keyboard Player, Film Score Composer
Nationality:
Canada

So, How Much is David Foster Worth?

Let’s talk about David Foster, the Canadian music legend whose work has touched millions of lives. With a staggering net worth of $150 million, this multi-talented man has earned every penny through his incredible contributions to the music industry. As a record producer, composer, singer, songwriter, and arranger, Foster has been the driving force behind some of the biggest names in music, including Michael Bublé, Josh Groban, Celine Dion, Mariah Carey, and Whitney Houston, just to name a few. He’s also worked with legends like Madonna, Air Supply, and the late Michael Jackson. With 16 Grammy Awards out of 47 nominations, Foster has become synonymous with excellence in music. His work has contributed to over 500 million album sales worldwide. Now that’s what I call a legacy!

But here’s the thing—David’s financial success hasn’t come without its challenges. After four divorces, his net worth might have been even higher. Today, he’s happily married to singer/actress Katharine McPhee, and they’re doing incredible things together. Beyond his personal life, Foster has also dedicated himself to charity, raising and donating hundreds of millions of dollars through the David Foster Foundation. This organization focuses on helping children and families battling critical illnesses, making a real difference in their lives.

Where It All Began

David Foster's Early Life

David Walter Foster was born on November 1, 1949, in the beautiful city of Victoria, British Columbia, Canada. His parents, Maurice (Maury) Foster and Eleanor May (née Vantright), gave him a stable foundation to grow up in. Maury worked as a maintenance yard superintendent, while Eleanor stayed home to take care of the family. From a young age, David showed a keen interest in music. At just 13 years old, he enrolled in the music program at the University of Washington, a bold move for someone so young. By 1965, he was already auditioning to become the band leader at an Edmonton nightclub owned by the famous jazz musician Tommy Banks. Banks recognized David's raw talent and took him under his wing, mentoring him in the ways of the music business.

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  • David’s early career was filled with exciting opportunities. He played with Ronnie Hawkins and even became part of a backup band for Chuck Berry in Toronto. These experiences honed his skills and prepared him for the next big step—moving to Los Angeles in 1974 with his band Skylark. This move would change his life forever, setting the stage for a career that would redefine the music industry.

    A Career That Changed Music

    David Foster's Musical Journey

    David Foster’s career is nothing short of extraordinary. As a keyboardist for the pop band Skylark, he was discovered by Eirik Wangberg, and their song "Wildflower" became a top-ten hit in 1973. After Skylark disbanded, Foster stayed in Los Angeles and formed the band Airplay with Jay Graydon. It wasn’t long before he started working as a songwriter, producer, and arranger for various projects, leaving an indelible mark on the music world. For instance, he contributed to Earth, Wind & Fire’s album "I Am" (1979) as both a studio player and arranger, co-writing six of the album’s tracks. The song "After the Love Has Gone," written with Graydon and Bill Champlin, won the 1980 Grammy Award for Best R&B Song.

    The 1980s were just as fruitful for Foster. He produced multiple Chicago albums, worked on Kenny Loggins’ hits "Forever" (1985) and "Heart to Heart" (1982), and collaborated with Kenny Rogers on "What About Me?" (1984) and "The Heart of the Matter" (1985). He also composed the score for the iconic film "St. Elmo's Fire" (1985) and wrote songs for movies like "The Secret of My Success" (1987) and "Stealing Home" (1988). In 1988, he created the theme song for the Winter Olympics in Calgary, Alberta, titled "Winter Games." These accomplishments cemented his reputation as a musical powerhouse.

    In 1995, Foster struck a deal with Warner Brothers, allowing him to establish his own boutique label, 143 Records, as a joint venture. One of the first acts signed to the label was the Irish folk-rock band The Corrs. By 1997, Foster sold the label back to Warner and transitioned into a senior vice president role at the corporation. Some of his notable works from the 1990s include "The Power of the Dream," the official song of the 1996 Summer Olympics, co-written with Kenneth "Babyface" Edmonds, and Diane Warren's "Un-Break My Heart," performed by Toni Braxton. Celine Dion's "Because You Loved Me" and Brandy's "Have You Ever?" were also produced by Foster during this time.

    In 2008, Foster hosted a one-night concert in Las Vegas called "Hitman: David Foster & Friends." This show featured songs he had written and/or produced throughout his 35-year career, with Foster himself at the center of it all on the keyboard. The lineup included legendary artists like Andrea Bocelli, Celine Dion, Blake Shelton, and Katharine McPhee. In 2011, he became the Chairman of Verve Music Group, but he stepped down in 2016 after a corporate reorganization. Throughout his career, Foster has produced albums for a wide array of artists, including Bryan Adams, Andrea Bocelli, Mary J. Blige, Josh Groban, Michael Bublé, and Renée Olstead. He’s also known for producing several best-selling Christmas albums, such as Celine Dion's "These Are Special Times" (1998), Josh Groban's "Noël" (2007), Rod Stewart's "Merry Christmas, Baby" (2012), and Jordan Smith's "Tis the Season" (2016). In 2022, Foster released a seven-song Christmas EP titled "Christmas Songs" with his wife, Katharine McPhee.

    From the Studio to the Screen

    David Foster on Television

    David Foster’s fame as a music producer has opened many doors in the world of television. In April 2006, he appeared as a guest mentor on "American Idol" and a guest judge on "Nashville Star." He’s also been a regular presence on shows like "Celebrity Duets," "Star Tomorrow," "The View," "The Oprah Winfrey Show," and "The Real Housewives of Beverly Hills." In 2015, 2017, and 2019, he served as a judge on the competition show "Asia’s Got Talent." In 2021, Foster and Katharine McPhee competed as "Banana Split" on season six of "The Masked Singer," but they were eliminated in the Group B Finale after facing off against Jewel.

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    Love, Family, and Giving Back

    David Foster’s personal life is as fascinating as his professional one. He’s been married five times and has five biological daughters, along with seven grandchildren. His first marriage was to singer and writer B.J. Cook. He then married Rebecca Dyer from 1982 to 1986. His third marriage, to actress Linda Thompson, lasted from 1991 to 2005. During this time, they worked as a songwriting team, collaborating on songs like "I Have Nothing," performed by Whitney Houston in the film "The Bodyguard" (1992). Foster also became a stepfather to Thompson’s sons, Brody and Brandon Jenner, from her previous relationship with Caitlyn Jenner (then Bruce Jenner). They even starred together in a reality TV show called "The Princess of Malibu" (2005).

    From 2011 to 2017, Foster was married to Dutch model Yolanda Hadid. In June 2018, he became engaged to singer and actress Katharine McPhee, who is 34 years his junior. They tied the knot in June 2019 and welcomed their son, Rennie David, in February 2021. This union has only added to the richness of his life.

    When it comes to giving back, Foster is unmatched. Through the David Foster Foundation, he has raised and donated hundreds of millions of dollars to help children and families fighting critical illnesses. His generosity and compassion extend far beyond the music world, touching countless lives in meaningful ways.

    Real Estate: Where the Hitmaker Calls Home

    David Foster's Luxurious Living Spaces

    David and his fourth wife, Yolanda, sold their Victoria penthouse for $5 million in 2014. The couple then sold their Malibu estate for $19 million in 2015, originally listing it for $27.5 million. In 2020, Foster listed his Wilshire Corridor condominium for sale at $3.995 million. More recently, in 2021, David and Katharine purchased a stunning mansion in LA’s Brentwood neighborhood for $7.1 million. These properties reflect the luxury and style that have become synonymous with David Foster’s life.

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