Sammy Hagar Net Worth: How the Red Rocker Rocked His Way to Riches

June 2024 · 4 minute read

Sammy Hagar is one of the most successful and influential rock singers of all time. He is best known for his solo career, his stint as the lead vocalist of Van Halen, and his current projects with Chickenfoot and Sammy Hagar and the Circle. But how much is Sammy Hagar worth in 2023? And how did he earn his fortune? In this article, we will explore Sammy Hagar’s net worth, career, and business ventures.

Sammy Hagar’s Early Life and Career

Sammy Hagar was born on October 13, 1947, in Salinas, California. He grew up in a poor family that worked in the lettuce fields and moved frequently. He discovered music at a young age and taught himself to play guitar on a cheap instrument from a Sears catalog. He formed his first band, the Fabulous Castilles, when he was 14 years old.

Hagar’s big break came in 1973 when he joined the hard rock band Montrose, founded by guitarist Ronnie Montrose. He wrote and sang their hit song “Bad Motor Scooter” and appeared on their first two albums. However, he left the band in 1975 due to creative differences and embarked on a solo career.

Hagar’s solo career took off in the 1980s, when he scored a hit with “I Can’t Drive 55” from his album VOA. He also collaborated with other artists such as Eddie Money, Ted Nugent, and Journey. He became known as the Red Rocker for his trademark red hair and energetic stage presence.

Sammy Hagar’s Van Halen Era

In 1985, Hagar was chosen to replace David Lee Roth as the lead singer of Van Halen, one of the most popular rock bands of the time. Hagar brought a more melodic and commercial style to the band, which resulted in four consecutive number one albums: 5150, OU812, For Unlawful Carnal Knowledge, and Balance. Some of the band’s most successful songs with Hagar include “Why Can’t This Be Love”, “Dreams”, “Right Now”, and “Can’t Stop Lovin’ You”.

However, tensions arose between Hagar and the other members of Van Halen, especially guitarist Eddie Van Halen. Hagar felt that Eddie was trying to take over the creative direction of the band and that he was not treated with respect. He also disagreed with the band’s decision to record two new songs with Roth for their greatest hits album Best Of – Volume I in 1996. Hagar left Van Halen shortly after.

Hagar returned to his solo career and formed a new band called Sammy Hagar & The Waboritas. He also reunited with Roth for a co-headlining tour in 2002. In 2003, he rejoined Van Halen for a reunion tour that lasted until 2005. However, he left again after clashing with Eddie over personal and musical issues.

Sammy Hagar’s Current Projects and Business Ventures

Since leaving Van Halen for good, Hagar has continued to make music with various projects. In 2008, he formed a supergroup called Chickenfoot with former Van Halen bassist Michael Anthony, guitarist Joe Satriani, and drummer Chad Smith of Red Hot Chili Peppers. They have released two albums: Chickenfoot (2009) and Chickenfoot III (2011).

In 2014, he formed another supergroup called Sammy Hagar and the Circle with Anthony, guitarist Vic Johnson of The Waboritas, and drummer Jason Bonham of Led Zeppelin fame. They have released one album: Space Between (2019).

Hagar is also the host of a TV show called Rock & Roll Road Trip with Sammy Hagar on AXS TV, where he interviews and performs with other rock stars.

Apart from music, Hagar is also a successful businessman who has invested in various ventures. He founded the Cabo Wabo Tequila brand and restaurant chain in the late 1980s after buying a bar in Cabo San Lucas, Mexico. He sold 80% of his stake in Cabo Wabo Tequila to Gruppo Campari for $80 million in 2007 and the remaining 20% for $15 million in 2009.

He also launched Sammy’s Beach Bar Rum in 2011 and owns several restaurants under the name Sammy’s Beach Bar & Grill. He has also written two books: an autobiography called Red: My Uncensored Life in Rock (2011) and a cookbook called Are We Having Any Fun Yet?: The Cooking & Partying Handbook (2015).

Sammy Hagar’s Net Worth in 2023

According to Celebrity Net Worth1, Sammy Hagar’s net worth as of 2023 is estimated to be $150 million. This makes him one of the richest rock singers in the world. He has earned his wealth from his long and successful career in music, as well as his smart and lucrative business ventures.

Sammy Hagar is a legend in the rock world who has rocked his way to riches. He has shown his versatility, creativity, and passion for music in his various projects and collaborations. He has also proven his savvy and vision in his entrepreneurial endeavors. He is an inspiration to many aspiring rockers and businessmen alike.

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