David Foster’s influence on the music industry has grown over the past half-century. Millions of fans have followed the Canadian musician, songwriter, arranger, record producer, and music executive for as long as many of us can remember.

Notwithstanding David’s impressive list of credits, the celebrity has also amassed a sizeable fortune during his time in the limelight. Now, how much money does he have right now? Learn more by reading on!

What Is David Foster’s Net Worth?

Net Worth:$150 Million
Date of Birth:Nov 1, 1949 (73 years old)
Place of Birth:Victoria

The Canadian musician, record producer, composer, performer, songwriter, and arranger David Foster has an estimated $150 million in wealth. Musicians Michael Buble, Josh Groban, Celine Dion, and others were among those he discovered over his career.

Mariah Carey, Whitney Houston, Celine Dion, Andrea Bocelli, Chicago, and Toni Braxton are just some of the famous acts that Foster has produced. Production work for Madonna, Air Supply, and the late great Michael Jackson are among his other accomplishments in the industry.

From a total of 47 nominations, he has won 16 Grammy Awards. More than 500 million CDs by musicians he has worked with have been sold thanks to his efforts.

If David hadn’t gotten divorced four times, he’d probably be a lot wealthier now. He just wed actress and singer Katharine McPhee. On the side, David has raised and donated hundreds of millions of dollars to charity, mostly through the David Foster Foundation, which aids youngsters who are in a life-or-death battle with a physical condition.

David Foster: The Early Years

David Foster: The Early Years

In the year 1949, David Walter Foster entered this world on November 1st in Victoria, British Columbia. His father, Maurice (Maury), worked as a maintenance yard superintendent, while his mother, Eleanor May (née Vantright), stayed at home to raise their family.

At the tender age of 13, he entered UW’s music program in 1963. In 1965, he attempted to become the band leader at an Edmonton nightclub by auditioning for the position. Famous jazz musician Tommy Banks, the club’s owner, took Foster under his wing and helped him get his start in the industry.

Foster and his band Skylark relocated to Los Angeles in 1974 after playing with Ronnie Hawkins and as Chuck Berry’s backing band in Toronto.

How Did David Foster Become Famous?

How Did David Foster Become Famous?

Since he was a little child, David has always had a passion for music. Wikipedia states that he was just 13 years old when he enrolled in the University of Washington music department.

He was in charge of the band in an Edmonton, British Columbia, nightclub by 1965, and a year later he began working with Chuck Berry. By 1974, he had relocated to Los Angeles with his freshly formed band Skylark (in which he played keyboard) in an effort to find stardom.

In the 1970s, Skylark found fame, but in 1975, David started a new band named Airplay. He was invited to work on songs with artists like George Harrison, Ringo Starr, and Earth, Wind, and Fire in the years that followed.

As a solo artist, David began to flourish in the 1980s. He collaborated with everyone from Chicago to Kenny Rogers and even composed the music for movies like The Secret of My Success with Michael J. Fox and St. Elmo’s Fire.

In the twenty-first century, David’s career took off, and by 2011, he had taken the chairmanship of Verve Music Group. David has received a total of 47 nominations, and he has won 16 Grammy Awards.

Also, he has received three nominations for the Oscar Award for Best Original Song. In addition, he was recognized as BMI’s “Songwriter of the Year” and received the 1999 Golden Globe Award for Best Original Song for the song “The Prayer.”

David Foster’s Personal Life

David Foster's Personal Life

Foster has had five marriages, five biological daughters, and seven grandchildren. He was formerly married to the singer and author B.J. Cook. From 1982 until 1986, he was married for a second time to Rebecca Dyer. His third wife, actress Linda Thompson, was by far the longest of his three marriages, lasting from 1991 until 2005.

They collaborated as songwriters on multiple songs, including Whitney Houston’s “I Have Nothing” from the film The Bodyguard (1992). When married to Thompson, he assumed the role of stepfather to Brody and Brandon Jenner, Thompson’s sons from a prior relationship with Caitlyn Jenner (then Bruce Jenner). For a limited time, Thompson, Foster, and two of the Jenner sisters shared the spotlight on “The Princess of Malibu” (2005).

For the fourth time, Foster wed the Dutch model Yolanda Hadid from 2011 to 2017. The couple announced their engagement in June 2018. McPhee is 34 years younger than Foster and is a singer and actor. In June 2019, they tied the knot.


David Foster, a Canadian musician, songwriter, record producer, and music executive, has an estimated net worth of $150 million.

He has discovered and produced for many famous artists, won numerous awards, and raised hundreds of millions of dollars for charity through the David Foster Foundation. Despite going through four divorces, he continues to thrive in his career and personal life.

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