Profile
American Singer and Actor
#53 in Singers today
Wayne Newton has a net worth of $60 million. At the height of his career in the 1990s, Wayne Newton had a net worth of hundreds of millions of dollars.
Due to bad business deals, gambling, and poker losses, he had to file for bankruptcy twice in his career.
In the past ten years, Newton has recovered financially and was able to build a fortune to the tune of $60 million today.
Unpaid Parking Fee of Newton’s Plane
Officials at the Oakland County Airport in Waterford, Michigan, claimed Newton owed them more than $80,000 in unpaid parking fees after abandoning a $3 million private plane there more than four years prior.
The plane’s monthly parking fee was $6,000. He never paid the fines to this day, and the plane became infested with mold to the point where it could no longer fly.
Failed Businesses
Newton invested in a number of businesses that failed, including a casino and a museum. This is one of the primary reasons why his net worth is so low today.
Newton lived a very lavish lifestyle, which included owning a large ranch and a collection of exotic animals.
This lifestyle was expensive to maintain.Newton was also sued by the IRS for unpaid taxes and by a developer who had purchased his home with the intention of converting it into a museum.
House and Zoo
Newton began purchasing land for the estate in 1966 and gradually expanded it over the years, according to Forbes.
The main house, which was completed in 1978, is a 14,000-square-foot mansion with 10 bedrooms, 12 bathrooms, and a bowling alley.
The estate also includes a guest house, a pool house, a tennis court, and a stable.
Newton used the estate as a ranch for various animals, including peacocks, and Arabian horses.
He also kept a private jet on the property. Newton has spent over $40 million to build and maintain this property, which took a huge toll on his net worth and earnings.
In 2010, In order to pay a portion of his debts, Newton proposed turning the estate into a public attraction.
However, the plan was met with opposition from nearby residents who were concerned about the increased traffic that it would bring to the area.
Newton eventually dropped the plan, but he continued to live on the estate until 2016, when he sold it to Smoketree LLC.
Smoketree LLC opened Casa de Shenandoah to the public as a museum in 2017. The museum also offers a variety of special events, such as wine tastings, concerts, and holiday celebrations.
Salary
| Movie/TV Show | Salary |
|---|---|
| The Beverly Hillbillies | $10,000 per episode |
| The Lucy Show | $5,000 per episode |
| The Red Skelton Show | $10,000 per episode |
| Hellcats of the Navy | $25,000 |
| The Last of the Secret Agents? | $50,000 |
| How to Save a Marriage (and Ruin Your Life) | $100,000 |
| Skidoo | $150,000 |
| The Night They Raided Minsky’s | $200,000 |
| Cancel My Reservation | $250,000 |
| The Solid Gold Cadillac | $300,000 |
| Vegas | $500,000 per episode |
Las Vegas Shows & Income
Wayne Newton, one of Las Vegas’ longest-running and most popular entertainers, is still earning a significant income from his shows in the city.
According to industry sources, he commands a salary of $250,000 per week for his performances at the Flamingo Hotel and Casino. So it’s no surprise Wayne Newton’s wealth is still so high.
Newton has been performing in Las Vegas since 1963 and has headlined at some of the city’s most prestigious venues, including the Sands, the Riviera, and the MGM Grand.
He is known for his elaborate stage shows and his signature songs, such as “Danke Schoen” and “Red Roses for a Blue Lady.”
Newton has sold over 40 million tickets to his shows in Las Vegas. At an average ticket price of $100, this means that he has generated over $4 billion in revenue from ticket sales alone.
He gets 30% in the revenue, which means Newton made over $1 billion in lifetime earnings through his shows.
Wayne Newton Net Worth 2024 (Forbes)
| Full Name | Carson Wayne Newton |
| Net Worth | $60 million |
| Annual Income | $9 Million |
| Salary per Episode | $250,000 |
| Debts | $5.7 Million |
| Earnings per Show | $100,000 |
How did he get rich?
Newton’s rise to stardom was meteoric. In 1964, he signed a contract with Capitol Records and released his debut album, Danke Schoen.
Newton’s Las Vegas shows were known for their elaborate sets, lavish costumes, and energetic performances. He often performed with a large orchestra and a troupe of dancers.