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David Foster Net Worth 2020

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Facts of David Foster

Full NameDavid Foster
First NameDavid
Last NameFoster
Birth NameDavid Walter Foster
ProfessionMusician, Record Producer, Composer
NationalityCanadian
EthnicityWhite-Caucasian
Birth CityVictoria, British Columbia
Birth CountryCanada
Father NameMaurice (Maury) Foster
Father ProfessionA maintenance yard superintendent,
Mother NameEleanor May Vantreight Foster
Mother ProfessionHomemaker
Gender IdentityMale
Sexual OrientationStraight
HoroscopeScorpio
Marital StatusMarried
SpouseKatharine McPhee
Relation WithB.J. Cook, Yolanda Hadid, Linda Thompson, Rebecca L. McCurdy
No Of Children5
AwardsGrammy Awards
Sibilings5
EducationUniversity of Washington
Height181 cm
Twitter Profile
Insta Profile
Date of BirthNovember 1,1949
Age70 years
Married DateJune 28,2019

David Foster is a Canadian musician, arranger, composer, record producer, and music executive who is also known as the chairman of Verve Records from 2012 to 2016.  

Throughout his career of 71 years, Foster has been a producer for numerous musicians including Christina Aguilera, Toni Braxton, Alice Cooper, Jennifer Lopez, and others. He has won 16 Grammy Awards from a total of 47 nominations for his work as a producer.  

Short Biography And Early Life Of David Foster  

David Walter Foster was born on 1st November 1949 in Victoria, British Columbia, Canada, to Maurice Foster and Eleanor May Foster. He is a Canadian as per his nationality and has mixed (English, Scottish, & Irish) ethnic descent.

David Foster is a Canadian musician and record producer who has won 16 Grammy Award for his work Image Source: Real Screen
David Foster is a Canadian musician and record producer who has won 16 Grammy Award for his work 

Image Source: Real Screen

He went to Mount Douglas Secondary and Toronto Royal Conservatory of Music. At the age of 13, he enrolled at the University of Washington music program and later enrolled at the University of Southern California.

How Much Is His Net Worth At The Moment?

As per Celebrity Net Worth, Foster’s fortune is estimated at around $80 million as of early 2020, whereas, The Richest estimated his net worth at around $30 million as of 2019.  

The primary source of his multi-million dollar fortune is his career as a musician and record producer. In the United States, an aspiring musician earns around $42,198 to $56,134 annually. 

On the other hand, a record producer pockets an average salary of $50,986 per annum. The lowest salary of a record producer is around $29,000 to the highest of $99,000 per year.

Let Us Go Through David’s Journey To Fame & Fortune

At the initial stage of his career, Foster was a keyboardist of the pop group Skylark. In 1973, the band’s song called Wildflower was a top ten hit. Following the break-up of Skylark, he teamed up with Jay Graydon and formed the band Airplay. 

In 1976, he joined Guthrie Thomas on Thomas’ second Capitol Records album Lies and Alibis with Ringo Starr and a host of several other famed performers. He, Graydon and Bill Champlin won the 1980 Grammy Award for Best R&B Song for their work in “After the Love Has Gone”.

Young David Foster in his recording roomImage Source: Variety
Young David Foster in his recording room

Image Source: Variety

In the early and middle 1980s, he was one of the major contributors to Chicago’s career. He worked with the band as their producer on Chicago 16, Chicago 17, and Chicago 18. In 1984, he worked with country singer Kenny Rogers on the hit albums What About Me? And The Heart of the Matter.  

In 1985, he was named the “master of … bombastic pop kitsch” by Rolling stone. The same year, he composed the score for St. Elmo’s Fire, including the instrumental “Love Theme from St. Elmo’s Fire”.

In the early 2000s, David produced numerous major-debut albums for Josh Groban, Michael Buble, Renee Olstead, and Charice. In 2003, he won an Emmy Award for Outstanding Music and Lyrics for The Concert for World Children’s Day.

In 2005, he, along with his daughter Amy Foster-Gillies and Beyonce wrote a song called Stand Up For Love as the anthem to the World Children’s Day which is an annual worldwide event to raise awareness and funds for children’s causes.

As of 15th December 2011, he became the Chairman of Verve Music Group. In 2013, he produced Mary J. Blige’s first Christmas album entitled A Mary Christmas. The following year, he produced an album for Canadian singer Bryan Adams titled Tracks of My Years, which was released in 2014.

In 2016, Foster left Verve in a label reorganization.  

Foster along with the Asia's Got Talent judgesImage Source: Celebrity Okezone
Foster along with Asia's Got Talent judges

Image Source: Celebrity Okezone

Apart from his career as a musician, his notable television credits are Popstars, The Princes of Malibu, The Oprah Winfrey Show, The Real Housewives of Beverly Hills, and Asia’s Got Talent.

Owned A $19 Million Mansion

The 71-year-old musician owned an 11,620 square feet Mediterranean-inspired three-story mansion with 6 bedrooms and 9 bathrooms along with his then-wife Yolanda Hadid.  

The couple purchased their house back in the fall of 2013 and sold for $19.45 million in 2015.

David and Yolanda sold their Malibu house for $19.45 million back in 2015Image Source: Architectural Digest
David and Yolanda sold their Malibu house for $19.45 million back in 2015

Image Source: Architectural Digest

He reportedly resides in his bachelor pad located in Los Angeles. Foster owned the property for about 12 years and moved there following his split with Yolanda.        

Philanthropic Works

The Canadian producer has been involved in numerous charitable and philanthropic works apart from his career. He created the David Foster Foundation in order to support children in need of medical transplants.

Here is a list of few other foundations which Foster supports:

  1. Andrea Bocelli Foundation
  2. Andre Agassi Foundation for Education
  3. Cure Duchenne
  4. Celebrity Fight Night Foundation
  5. Dream Foundation
  6. In A Perfect World
  7. Muhammad Ali Parkinson Center
  8. Point Foundation
  9. Red Cross
  10. Project Clean Water
  11. United Service Organization

Who Is David’s Current Wife?

The musician and record producer has been married five times throughout his life. He is currently married to American Idol Season 5 runner-up Katharine McPhee.

After dating for a while, they got engaged in June 2018 and exchanged their wedding vows on 28th June 209 at the Armenian Church of St Yeghiche, South Kensington in London.

Foster and McPhee wed at the Armenian Church of St. YeghichieImage Source: Rappler
Foster and McPhee wed at the Armenian Church of St. Yeghichie

Image Source: Rappler

Previously, he was married to Dutch model Yolanda Hadid who was his girlfriend of five years. They wed in Beverly Hills, California, on 11th November 2011 and got divorced after four years on 24th October 2017. While still together, David had three stepchildren named Gigi Hadid, Bella Hadid, and Anwar Hadid from Yolanda’s previous marriage.  

Foster married his third wife, Linda Thompson, on 27th June 1991 and got divorced after 14 years of marriage on 11th July 2005.

In a similar way, he tied the knot to his second wife, Rebecca Dyer, on 27th October 1982 and shared three daughters named Sara Foster, Erin Foster, and Jordan Foster while still together. The couple separated and got divorced four years later in 1986.

David’s first marriage was with singer/writer B.J. Cook. The couple dated for a while and wed in 1972 and welcomed their first child Amy S. Foster in 1973. The duo ended their marital life on 26th June 1981 after a decade of togetherness.

Did You Know? David Foster has five biological daughters and seven grandchildren (3 boys and four girls).  

Updated On Wed Mar 25 2020 Published On Fri Mar 13 2020 By Amy

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