David Foster Net Worth: David Walter Foster, who was born in Canada and is 71 years old, is a musician, composer, songwriter, and arranger who has won many awards. David Foster’s net worth is estimated to be around $150 million in 2022.
He has done the music for hit movies like “The Bodyguard” and “St. Elmo’s Fire.” He has also led Universal Verve Group as its Chairman. In 2015, 2017, and 2019, he was also a judge on “Asia’s Got Talent.”
Foster has been working for over 50 years and has won many awards during that time. He has won 16 awards and been nominated for 47 others, including the Grammy, the Golden Globe, and the Academy Award.
David Foster Early Life
David Walter Foster was conceived on November 1st, 1949 in the city of Victoria, which is located in the province of British Columbia, Canada. His father, Maurice (Maury), was a maintenance yard supervisor, and his mother, Eleanor May (née Vantright), was a housewife. His grandfather was also a maintenance yard superintendent. At the age of 13, he signed up for classes in the music department at the University of Washington in 1963.
The next year, in 1965, he tried out for the position of band leader in a nightclub located in Edmonton. Tommy Banks, a well-known musician in the jazz genre, was the owner of the restaurant, and he took Foster under his wing and served as a mentor to him in the music business. In 1974, Foster relocated to Los Angeles with his band Skylark. Prior to this, he had played in Toronto with Ronnie Hawkins and had been a part of Chuck Berry’s backing band there.
David Foster’s Net Worth
David Foster is a musician, record producer, composer, performer, songwriter, and arranger with a $150 million net worth. Throughout his career, he has assisted in the discovery of several musical talents, including Michael Buble, Josh Groban, Celine Dion, and others. Foster has produced notable musicians such as Mariah Carey, Whitney Houston, Celine Dion, Andrea Bocelli, Chicago, and Toni Braxton.
Other artists he has produced for include Madonna, Air Supply, and the late pop icon Michael Jackson. He has received 16 Grammys out of his 47 nominations. Over the years, he has sold more than 500 million CDs for the musicians he has collaborated with.
David Foster Career
Foster played the piano for the musical group Skylark. In 1973, their song “Wildflower” was a top 10 smash, having been found by Eirik Wangberg. Foster remained in Los Angeles after the band’s dissolution and created the band Airplay with Jay Graydon. In addition to performing his own music, he began working on a variety of projects as a songwriter, producer, and arranger. For instance, he was a studio musician and arranger on Earth, Wind and Fire’s 1979 album “I Am” and co-wrote six of the album’s songs. Foster, together with Graydon and Bill Champlin, received the 1980 Grammy Award for Best R&B Song for “After the Love Has Gone.”
Throughout the 1980s, he continued to work as a producer and songwriter. Multiple Chicago albums, “Forever” (1985) and “Heart to Heart” (1982) by Kenny Loggins, and “What About Me?” (1984) and “The Heart of the Matter” by Kenny Rogers are examples of his work from this period (1985).
He also created the score for the 1985 film St. Elmo’s Fire and wrote songs for the 1987 and 1989 films The Secret of My Success and Stealing Home, respectively (1988). In addition, he created “Winter Games,” the theme song for the Calgary, Alberta, 1988 Winter Olympics. Foster got a deal with Warner Brothers in 1995 that let him to establish his own boutique label, 143 Records, as a joint venture with Warner.
The Corrs, an Irish folk-rock band, was one of the first groups 143 Records signed. In 1997, however, Foster gave the label back to Warner and became a senior vice president inside the company. Notable songs produced by Foster in the 1990s include “The Power of the Dream,” the official song of the 1996 Summer Olympics, written with Kenneth “Babyface” Edmonds; and the Diane Warren songs “Un-Break My Heart” performed by Toni Braxton, “Because You Loved Me” performed by Celine Dion, and “Have You Ever?” performed by Brandy.