Billy Joel Net Worth (Money & Salary)
In terms of wealth and income, let’s delve into Billy Joel’s financial background. He is an American singer and songwriter with an estimated net worth of $250 million. Renowned as one of the highest-selling music artists globally, Joel has sold over 160 million records. His career peak was during the 1970s and ’80s, marked by the release of numerous successful albums and hit singles now considered classics.
Billy Joel stands out for his exceptional storytelling skills and talent for crafting memorable, melodious pop tunes. Some of his major albums, like “The Stranger” (1977) and “52nd Street” (1978), with popular tracks such as “Just the Way You Are” and “My Life,” have left a lasting impact on music history. Notably, his song “Piano Man” from his 1973 album remains a fan favorite, showcasing his narrative prowess set to captivating music.
Regarding earnings, Billy Joel raked in $45 million between June 2017 and June 2018, and $50 million in the subsequent two-year period. His residency shows at Madison Square Garden have been particularly lucrative, with individual shows bringing in $2-3 million. The New Year’s Eve 2019 show alone amassed $4.6 million, contributing to the $150 million gross revenue from his MSG residency between 2014 and 2019.
In a decade-long span until July 2024, Joel performed monthly shows at Madison Square Garden, totaling 104 concerts and attracting two million attendees while generating $260 million solely from ticket sales. His early life in the Bronx, New York City, shaped his musical journey, beginning with piano lessons at age 4 and later venturing into bands like The Echoes.
Transitioning to a solo career in 1971, Billy Joel signed with Columbia Records and released hit albums like “The Stranger” (1977) and “An Innocent Man” (1983), solidifying his status as one of the best-selling artists in history with over 150 million record sales globally. Apart from music, Joel authored an autobiography and ventured into businesses like the Long Island Boat Company and custom motorcycles production.
In his personal life, Joel’s relationships, including his marriage to Elizabeth Weber Small, have been subject to public interest. Amidst legal battles with former managers and accountants over financial matters, Billy Joel continues to captivate audiences worldwide with his timeless music.In 1982, they divorced due to the mismanagement of funds of roughly $30 million by Elizabeth’s brother Frank, which, along with a multi-million dollar divorce settlement, nearly left Billy broke as he exited the marriage.
Financially unstable as he entered his second marriage to American model Christie Brinkley, Billy constantly toured to raise funds, leading to a major rift and allegations of infidelity during their marriage from 1985 to 1994. They share a daughter, Alexa Ray Joel. His third marriage was to chef Katie Lee from 2004 to 2009. Alexis Roderick became Joel’s fourth wife in 2015, but they have been together since 2009. The couple has two daughters, Della Rose Joel and Remy Anne Joel.
In 1967, Joel did not have enough credits to graduate high school, and he never received his high school diploma. However, 25 years later, he wrote essays to the school board of Hicksville High School to make up for his missing credits and was awarded his high school diploma at the school’s graduation ceremony in 1992. Over the years, he has received numerous honorary doctorates from institutions like Fairfield University, Berklee College of Music, Syracuse University, the Manhattan School of Music, and Stony Brook University.
Real Estate
Billy Joel has made significant real estate transactions across the country, particularly in Florida and Long Island, New York. Notably, he sold properties to singer Sting, comedian Jerry Seinfeld, and retail executive Mickey Drexler, humorously referring to himself as the “realtor to the stars.”
In 2002, Joel purchased a mansion named Middlesea on the 14-acre Centre Island in Oyster Bay, New York, for $22.5 million. He later expanded the estate to 26 acres through additional acquisitions. Initially featuring a 14,000-square-foot mansion, Joel expanded it to 20,000 square feet, with amenities like a helipad, a beach house, and two pools. In May 2023, the property was listed for sale at $49 million. Joel also owns another property in Sag Harbor, New York.
In 2014, Joel acquired two side-by-side properties covering 4 acres in Manalapan, Florida, for just under $12 million. He listed the combined compound for sale in 2015 at $29 million, selling the mansion separately for $19.5 million in January 2020 after accepting $10.3 million. In January 2015, he purchased a 13,000-square-foot waterfront mansion in Manalapan for $22.495 million, listing it for sale in January 2024 at $55 million, later reducing the price to $50 million in March 2024.
In 2006, Joel bought a New York City townhouse for $5.9 million, which he later gave to his ex-wife, Katie Lee, in their divorce. Katie Lee sold the property in 2011 for $12.9 million.
Billy Joel Net Worth (Money & Salary)Data is from 2023 and 2024 with forecast data for 2025, 2026, 2027, and 2028.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
