David Foster Net Worth: Music Career & Lifestyle

Canadian-born musician and composer David Foster has a staggering net worth of $150 million.

From 2012 to 2016, he was chairman of Verve Records.

David Foster
David Foster (Source:

Foster has a total of 47 Grammy nominations and has won 16.

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Likewise, he teamed up with rock icon Chuck Berry as a backing band in the mid-’60s.

David Foster | Overview

A look back at the life of David Foster.

full name David Walter Foster
nickname David Foster, Murderer
net worth $150 million
date of birth November 1, 1949
Year 73 years old
nativity palace Victoria, British Columbia, Canada
Country of Citizenship Canadian
Race White
zodiac Scorpion
expensive 5’10” (178 cm)
weight 70kg
eye color blue
hair color dark brown/grey
educate University of Washington
Profession Musician, arranger, music executive, record producer
favorite instrument keyboard, horn
type Classical, Pop Rock, Gospel, R&B, Jazz
mother’s name Eleanor May (Van Treat) Foster
father’s name Morris Foster
Brothers and sisters Ruth, Maureen, Jenny, Marylou and Jamie (five sisters)
marital status marriage
spouse Catherine McPhee (2019.-)

Yolanda Hadid (2011-2015)

Linda Thompson (1991-2005)

Rebecca Dyer (1982-1986)

BJ Cook

sexual orientation straight
child Five daughters, one son and seven grandchildren
  • boldness
  • repeat
  • 143
  • Atlantic Ocean
has been active for several years 1971 – present
award winning 16 Grammy Awards

1 Golden Globe Awards

Last update July 2023

David Foster | Net Worth and Income

Award-winning musician, record producer and composer David Walter Foster owns a considerable fortune.

David Foster has a net worth of around $150 million as of July 2023 thanks to his incredible talent and successful career in the music industry.

Likewise, he has produced music for famous singers such as Madonna, Celine Dion and even the late King of Pop Michael Jackson.

Together with other artists, Foster has sold over 500 million albums.

David still has a huge fortune, but there’s no denying that he would have been worth more had it not been for his failed marriage and past troubles.

In addition, his versatile personality also helps him spot musical talents such as Celine Dion, Josh Groban, and Michael Bublé.

David Foster Net Worth in Various Currencies

Let’s see how much David Foster’s net worth is in different currencies.

currency net worth
EUR €132,546,750
GBP £113,015,640
Australian dollar 209,146,650 Australian dollars
Canadian Dollar 190,912,500 Canadian dollars
indian rupee 11,357,625,000 rupees
Bitcoin ฿2,998

David Foster | House and Car


As of July 2023, David Foster has a staggering net worth of $150 million, which is enough to make him one of the richest musicians in the world.

In May 2021, David Foster and wife Katherine McPhee purchased a six-bedroom, five-bathroom home in Los Angeles’ Brentwood Park neighborhood. The home sits on 0.42 acres.

David and Catherine paid over $7.05 million for the property.

But they have no intention of moving there yet.

Yes, the couple purchased property, but not for their home. They decide to demolish the original building and build a new, larger mansion that will be a dream home for the couple and their newborn son.

Prior to that, they were reportedly looking for a house near Montecito, where they live near best friends Prince Harry and Meghan Markle.

Since the house hasn’t been built yet, the Fosters are living in the Los Angeles apartment that Foster bought in 2015, before he met his current wife, Katherine.


David is unusually fond of black cars. He is always seen in a black car.

David once said he would one day buy a Mercedes 450 SL. He did, but it was copper colored, so he later repainted it black.

He currently owns a classic 2006 Aston Martin. He also owns a 2007 Mercedes 500 painted black.

So it’s no surprise that the musician loves the elegance and luxury of his car as much as his personality.

David Foster | Lifestyle and Holidays

David Foster is one of the most successful musicians and producers of all time with a net worth of $150 million.

David Walter Foster was born on November 1, 1949 in Canada to Maurice (Morley) Foster and Eleanor May (Vantwright) Foster.

He didn’t grow up in a very wealthy family. His father was a maintenance shop manager and his mother Eleanor was a homemaker.

But that didn’t stop Foster from pursuing a career in music. Instead, he said he was inspired to become a musician by his father, an accomplished pianist.

His parents saved Foster $1 a week for piano lessons. His music career started at the age of four. He attended the University of Washington music program.

To date, Foster has been married five times.

The musician has five biological daughters with his ex-girlfriend/wife and one biological son with his current wife Katherine McPhee.

He also has seven grandchildren. David Foster gave birth to his first daughter when he was 20.

He gave his eldest daughter up for adoption by a strange woman. Foster then contacted her again when she was in her 30s.


Foster’s first wife, Bonnie Jane Cooke, was a singer and author. Cook gave birth to her beautiful second daughter, Amy Skylark.

Likewise, he married Rebecca Dyer on October 27, 1982, with whom he has three daughters. They have been married for four years.

Similarly, after divorcing Rebecca Dyer, Foster married actress Lynd Thompson. The marriage lasted for 14 years from 1991 to 2005.

His fourth marriage was to Dutch model Yolanda Hadid, mother of famous model Bella Hadid and Gigi Hadid.

They were married from 2011 to 2015 but did not divorce until 2017.

In 2018, David got engaged to his current wife, Katherine McPhee.

The two then got married on June 28, 2019. There is a 35-year age gap between singer and actress Katherine McPhee and her husband David Foster. They have one son who was born on 22nd February 2021.


The Foster family loves vacations.

David and Catherine took their son to Canada and spent the summer traveling and exploring Foster’s home state of British Columbia.

Let’s just say that this couple loves traveling around the world as they have been to Italy, Greece, Hawaii, Maldives and many other exotic destinations together.

The two, who visited Capri Island for their honeymoon, were spotted relaxing on a luxury yacht and celebrating their newlyweds.

David Foster | Charity

With a staggering net worth of $150 million, singer-songwriter and record executive David Foster doesn’t hesitate to give back.

David Foster has his own non-profit foundation called the David Foster Foundation. Through her foundation, Foster supports children in need of medical care and transplants.

Similarly, Foster supports several other charities. He won the 2019 Juno Award for his outstanding philanthropic work.

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David Foster | Movies, TV Shows, Books

Foster made frequent appearances on television, especially music programs.

He was a judge on ‘Asia’s Got Talent’ in 2015, 2017 and 2019, and was a guest judge on ‘American Idol’ and ‘Nashville Star’.

He also appeared in other famous TV shows like ‘The View’, ‘The Oprah Winfrey Show’ and ‘The Real Housewives of Beverly Hills’.

Foster produced a documentary about his decades-long career as a musician, music composer, and record producer.

The title of the documentary is “David Foster: Unreleased”.

In addition to his hit songs, David has also written several books about his travels and experiences. He wrote his autobiography, which summarizes his life story in an accessible way.

  • The Power of Dreams: The 1996 Olympic Theme (1996)
  • Hitman: 40 Years of Music, Chart Topping, Grammy Awards (2008)

David Foster | Career

His career officially began when he auditioned to lead a band at a nightclub in Edmonton, where he learned about record making, jazz and the music business.

In 1974 he moved to Los Angeles with the band Skylark.

The Larks later disbanded, but Foster remained in Los Angeles and began writing, composing and producing.

Years later, he wrote compositions for many hit films and collaborated with famous musicians and singers around the world to write blockbuster songs.

Foster has received numerous honors throughout his career, including the Order of British Columbia. He earned his doctorate from the University of Victoria, the Order of Canada and the Canadian Walk of Fame.

3 facts about David Foster

  • In 2013, he received a star on the Hollywood Walk of Fame.
  • His favorite singer is the Italian tenor and multi-instrumentalist Andrea Bocelli, who also happens to be a very close friend of his.
  • The only son of his parents’ six children, David Foster grew up with five sisters.


Did David Foster work with the Bee Gees?

Yes, David Foster, who played with the Bee Gees in Los Angeles in 1996.

What’s wrong with David Foster?

David Foster has been diagnosed with a severe heart valve disease.

What happened to the relationship between Gigi Hadid and David Foster?

David is married to Yolanda Hadid, mother of Bella, Anwar and Gigi Hadid. He is the stepfather of Hadid’s children.

Is David Foster Rich?

As of July 2023, David Foster has a net worth of $150 million. And even if he doesn’t get rich, God knows what will happen.

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Please note that all the information presented in the article David Foster Net Worth: Music Career & Lifestyle is sourced from various places, including and several other newspapers. Although we have made every effort to verify all the information, we cannot guarantee that everything mentioned is accurate and not 100% verified. Therefore, we advise you to exercise caution when referring to this article or using it as a source for your own research or reports.

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