Sammy Hagar Net Worth: Investments & Tequila

Sammy Hagar
Sammy Hagar (Source: Rock Celebrities)

“The Red Rocker” Sammy Hagar’s net worth as of September 2022 is a whopping $150 million as a rock singer and entrepreneur.

Hagar is known for his multi-decade music career and association with Van Halen, a band credited with restoring rock to the forefront of the music scene.

However, Hagar was already famous and successful before he replaced David Lee Roth in the iconic rock band, Van Halen.

Sammy Hagar
Sammy Hagar (Source: Briefly.co.za)

He soared to prominence in the early 70s with the band Montrose.

Nevertheless, it’s not just his association with bands that gained him fame and fortune, he also has had a super successful solo career, scoring a hit in 1984 with “I Can’t Drive 55.”

Hagar was inducted into the Rock and Roll Hall of Fame on March 12, 2007, as a member of Van Halen.

Sammy Hagar | Quick Facts

Sammy Hagar’s net worth as of September 2022 is a whopping $150 million. Here are some cool facts about the talented singer and savvy investor Sammy Hagar.

Born Name Samuel Roy Hagar
Celebrated Name Sammy Hagar
Nickname The Red Rocker
Date of Birth October 13, 1947
Height 5 ft. 10 in/1.78 m/178 cm
Weight 80 kg/176 lbs.
Age 74 Years Old
Birth Place Salinas, California, United States
Current Residence Mount Tamalpais, California, United States
Nationality American
Religion Not Known
Race/Ethnicity Lebanese Descent
Body Type Slim
Distinctive Features Red Hair
Associated Labels Geffen Records, Capitol Records, Roadrunner Records, MCA Records, 33rd Street Records, Edel SE & Co. KGaA
Profession Singer-Songwriter, Guitarist, Actor, Author, Composer, Lyricist, Businessman
Genre Hard Rock, Heavy Metal
Instruments Vocals, Guitar
Associated Acts Sammy Hagar & The Waboritas, Los Tres Gusanos, Chickenfoot, Sammy Hagar, and the Circle, Van Halen, Montrose
Manager  Renata Ravin
Active Years 1973-Present
Net Worth $150 Million
Gender Male
Hair Color Red
Eye Color Blue
Sexual Orientation Straight
Zodiac Sign Libra
Father’s Name Bobby Hagar
Mother’s Name Gladys Hagar
Siblings Velma Hagar, Bobbi Hagar Harrell, Robert Hagar
Marital Status Married
Wife/Spouse Name Betsy Berardi (m. 1968-1994)

Kari Karte (m. 1995-Present)

Ex-Partners Connie Hamzy
Children/Kids Name Samantha Hagar, Andrew Hagar, Aaron Hagar, Kama Hagar
Official Website Red Rocker
Favorite Guitarist Joe Satriani, and Eddie Van Halen
Favorite Band The Circle
Merch

Signed Movie Theatre Poster Loa, Signed Guitar, Signed Song Book “Dreams,“, Signed Index Card

Social Media InstagramTwitterFacebookYouTube, Spotify
Last Update September 2022

Sammy Hagar | Net Worth & Income

One of the iconic rock singer-songwriters and businessman Sammy Hagar’s net worth as of September 2022 is a whopping $150 million.

Hagar’s wealth can be attributed to his successful music career and wise and timely business investments.

Besides, he has also earned well from live concerts, tours, and music royalties.

“The Red Rocker” was the frontman of arguably one of the iconic rock bands of all time, Van Halen, from 1985 to 1996 and again from 2003 to 2005.

Sammy Hagar Live in 2019
Sammy Hagar Live in 2019 (Source: Rock And Roll Garage)

During his time with the band, Van Halen managed to sell over 27 million records worldwide, with an average per album sales of 6.75 million.

Aside from Van Halen, Hagar also led other successful bands such as Chickenfoot and The Circle, which collectively amassed 25 Platinum albums on sales surpassing over 50 million worldwide.

Likewise, his solo career earned him millions of dollars as he has sold over 3.5 million albums in the United States alone.

These commercially successful records and albums indeed earned him tens of millions of dollars and made him rich, but his real success in terms of money came when he got involved in the liquor business and other endeavors.

More on this later in this article.

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Net Worth of Sammy Hagar in Different Currencies

Let’s have a look into Sammy Hagar’s net worth in different currencies, including the cryptocurrency BitCoin.

Currency Net Worth
Euro € 146.73 Million
Pound Sterling £ 124.14 Million
Australian Dollar A$ 215.23 Million
Canadian Dollar C$ 193.30 Million
Indian Rupee ₹ 11,936,227,500
BitCoin ฿ 6,492.99

Sammy Hagar | Houses & Cars

Houses

Rockstar Sammy Hagar has spent multi-million dollars off his fortune acquiring several real estates in different parts of the United States.

In 1978, he purchased a home in Mill Valley, California, for $160,000.

This particular house of his in Marin County north of San Francisco has served as his primary residence for a long time.

In addition to this, he also owns a house a few hours north in Lake Tahoe, which he purchased for $450,000 in 2007.

Similarly, in 2009 Hagar purchased a mansion in Lake Arrowhead, California, for $2.3 million.

Sammy Hagar's Former Hawaiian Haven
Sammy Hagar’s Former Hawaiian Haven (Source: Los Angeles Times)

He has been trying to offload it for quite a while but without success.

The 6,557 square feet house is currently on rent for $30,000 monthly or on weekends.

He initially placed in the market for $5.25 million, but the price has since been reduced to $3.9 million.

Aside from these, Hagar also owned a property in Hawaii, which he offloaded for $3.1 million in 2018.

Cars

The who’s who of car lover Sammy Hagar owns a fleet of autos.

He has a thing for Ferraris as he owns a bunch of the Italian beasts.

Hagar ordered a white LaFerrari for $2.2 million in 2015.

LaFerrari itself is a rare model with a total of just 499 units ever produced, and Hagar has it in white, making it the only one in the world.

Sammy Hagar With His White LaFerrari
Sammy Hagar With His White LaFerrari (Source: Forbes)

He also owns a black Ferrari 512BB, which is worth around $350,000.

Aside from these two, Hagar’s collection includes a Ford GT, a Jaguar XKE, Ford Shelby GT, a 2008 Ferrari 599 GTB Fiorano F1, and a 1967 Gateway GCM-R Fastback Mustang, and a 2005 Aston Martin Vanquish Lagonda.

Sammy Hagar | Lifestyle

Sammy Hagar currently lives a fulfilled lifestyle which is so much unlike his lawn mowing and fruit picking days in the past.

Yeah, to make a few bucks, Hagar used to mow lawns, deliver newspapers, and pick fruits back in the days.

Whatever he did to earn money, he never lost his interest in music.

Hagar excelled academically and developed his passion for music while in high school and taught himself to play guitar on a $40 instrument bought from a Sears catalog.

He has had several ups and downs in his life, but it seems like everything has worked out astoundingly well for the rockstar as he is currently known for his unparalleled musical success and as one of the most iconic musicians of all time.

One of Sammy’s hobbies is collecting vintage and rare cars. He has numerous vehicles in his possession which he has gathered over the years, but the one that stands out is his white LaFerrari.

His collection is easily worth tens of millions of dollars.

As for his personal life, on November 3, 1968, Sammy married his first wife, Betsy Berardi. They had two sons, and after 26 years of marriage, the couple split in 1994.

He married Kari Hagar, his current wife, on November 29, 1995. The couple has been married for more than 26 years and shares two daughters, Kama and Samantha.

Sammy Hagar’s net worth as of September 2022 is a whopping $150 million.

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Sammy Hagar | Businesses & Books

Businesses

Sammy Hagar purchased a mountain bike store in the 1990s and built another Sausalito Cyclery, which soon became the number 1 independent bike store in California.

Similarly, he owns a restaurant and nightclub in Cabo San Lucas, Mexico, named Cabo Wabo Catina.

He has opened another nightclub in the franchise in Lake Tahoe, Nevada.

In 2009, Cabo Wabo Catina was opened in Miracle Mile shopping mall in Las Vegas.

The same year he opened Sammy’s Beach Bar & Grill in St. Louis shortly after another was opened at McCarran Airport, Las Vegas.

Hagar donates the profits from both of these places to local charities. Incredible!

Cabo Wabo Catina
Cabo Wabo Catina (Source: Pixelled)

In 2010, he opened a beach bar at the Ballys Casino on the Atlantic City beach, which was closed after extensive damage in Hurricane Sandy.

Sammy’s Beach Bar Rum was opened in Hawaii in November 2011. The rum is distilled on Maui by Hali’imaile Distilling Company and is currently rolled out to other North American markets.

In 2009, he opened a restaurant called El Paseo in Mill Valley in partnership with celebrity chef Tyler Florence.

Furthermore, Sammy launched a weekly radio show called Sammy Hagar’s Top Rock Countdown in 2015, which is supported by Envisage Radio Group.

The show shortly became a cult favorite and has been syndicated across 90 radio stations in the United States.

Tequila Business

Sammy Hagar co-owns a tequila company called Santo Tequila along with celebrity chef Guy Fieri.

However, Santo is his second tequila company.

He began selling his own brand of tequila named Cabo Wabo in the late 90s.

The tequila became very popular among locals as well as with global distributors.

Cabo Wabo sold nearly 40,000 cases in its first year alone, and by 2006, the company was selling over 150,000 cases per year generating $60 million in revenue.

In 2014, it became the second best-selling premium tequila in the United States, behind Jose Cuervo.

Sammy sold 80% of the tequila company to Gruppo Campari in 2007 for $80 million.

Similarly, he sold the remaining 20% in 2009 for $15 million.

Since the company was fully owned by Sammy, he pocketed $95 million from these two deals of his lifetime.

Sammy Hagar’s net worth as of September 2022 is a staggering $150 million.

Books

In addition to his numerous business pursuits and extremely successful music career, Sammy has also written books, with few making it to the bestsellers list.

Sammy published his autobiography titled Red: My Uncensored Life in Rock in March 2011.

The book, written with the assistance of rock critic Joel Selvin reached No. 1 on the New York Times Best Seller List on April 2, 2011.

Similarly, Hagar published a cookbook titled Are We Having Any Fun Yet?– The Cooking & Partying Handbook in September 2015.

Along with pictures and stories of Sammy’s cooking memories, the book contains food and drink recipes.

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Sammy Hagar | Career

Sammy was born in Salinas, California, but not long after he was born, his family moved to Fontana in Southern California.

He started his first band named Fabulous Castilles, when he was 14.

Sammy joined Johnny Fortune Band as a guitarist and vocalist in 1967.

He got his big break in 1973 with the band Montrose.

Sammy Hagar in His Early Days
Sammy Hagar in His Early Days (Source: Twitter)

After two years, he left the band and embarked on a solo career.

His solo song I Can’t Drive 55 became a massive success and made him a household name among hard rock enthusiasts worldwide.

It was around this time he became famous as the Red Rocker.

He first joined Van Halen, replacing David Lee Roth in 1985, and left in 1996.

As of September 2022, Sammy Hagar’s net worth is $150 million.

Unknown Facts About Sammy Hager

  • Sammy was named after his maternal grandfather Sam Roy.
  • In 1979, Sammy was set to open for Boston but was replaced by The Knack.
  • Ken Tamplin, a Christian metal singer, is Sammy’s cousin.

FAQs

Why did Van Halen fire Sammy Hagar?

Sammy Hagar left Van Halen because of internal disputes.

Were Sammy Hagar and Eddie Van Halen friends?

Hagar revealed that before Eddie Van Halen died, they had made peace with each other and had become friends again.

Who sold more records, David Lee Roth or Sammy Hagar?

David Lee Roth brought 57 million sales, while Sammy Hagar brought 27 million sales during their time with Van Halen.

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