American singer-songwriter
#22 in Singers today
As of 2024, Steve Perry has a net worth of $80 million. He earns $275,000 per concert, including merchandise sales, and receives 25% of profits from food and beverage sales at events, according to Forbes. This explains his huge wealth.
Income from Music Albums
As the main singer for Journey at their height, Steve Perry was in a band that sold over 80 million albums worldwide. Their hit albums “Escape” (1981) and “Frontiers” (1983) each sold more than 10 million copies, earning $25 million in royalties.
Although he wasnโt as successful solo as with Journey, Perry released two solo albums in the 90s that went Platinum and Gold. This brought him additional income. Overall, Steve Perry has earned over $14.5 million from his solo music.
Steve Perry House
Steve Perry is known for keeping his personal life private, including his homes. He owns a Mediterranean-style mansion in Del Mar, California, worth over $10 million, and a more modest house in Larkspur, California, valued at about $4.9 million.
Journey Royalties
After leaving Journey in 1998, Perry reportedly negotiated a deal to get a percentage of the band’s album sales and live performance income. He is said to receive 50% of the net income from certain albums and tours.
Steve Perry Net Worth 2024 (Forbes)
Name | Stephen Ray Perry |
Net Worth | $80 Million |
Annual Income | $16 Million |
Music Royalties | $10 Million |
Concert Earnings | $275,000 per show |
Monthly Spends | $220,000 |
Real Estate Assets | $40 Million |
What Cars Does Steve Perry Own?
Steve Perry owns a total of 7 cars which includes a 1965 Ford Mustang 1978 Corvette, 1989 Ferrari Testarossa, 2003 Porsche Boxster, 2012 Mercedes-Benz CLS, 2018 Audi A7, and a 2023 BMW i4.
Real Estate Assets
Steve Perryโs real estate portfolio, valued at $25 million, includes both residential and commercial properties. He earns millions in rental income annually from these assets.
- Seattle, Washington: A $10 million modern waterfront home.
- Chicago, Illinois: A $6 million luxury penthouse in downtown.
- Santa Fe, New Mexico: A $4 million adobe-style estate.
- Park City, Utah: A $3 million mountain lodge.
- Charleston, South Carolina: A $2 million historic property.
Wealth Timeline
Net Worth in 2024 | $80 Million |
Net Worth in 2010 | $60 Million |
Net Worth in 2000 | $38 Million |
Net Worth in 1990 | $16 Million |