Toby Keith Net Worth
Toby Keith was an American country singer, songwriter, actor, and record producer who had a net worth of $400 million at the time of his death. Unfortunately, Toby Keith died on February 5, 2024, at the age of 62, after a battle with cancer. Toby Keith Net Worth
Toby Keith Net Worth
Born in Clinton, Oklahoma as the son of Carolyn Joan and Hubert K. Covel, Jr., he is of English ancestry.
Country singer Toby Keith dies at 62
Country music icon Toby Keith has died, his official website and social media accounts said early Tuesday, 18 months after he revealed he had stomach cancer. Toby Keith Net Worth
Keith announced that he was living with cancer in June 2022, and in September last year, he spoke of the “roller coaster” experience of going through treatment.
In June 2022, Keith said he had been receiving chemotherapy, radiation treatment and surgery. He told The Oklahoman newspaper of Oklahoma City last year that the tumor had shrunk by a third.
Read Also: Justin Verlander net worth
Toby Keith income source
Toby Keith, the renowned American country singer-songwriter, had a diverse range of income sources. His wealth was primarily built through:
- Album sales: Keith released more than 19 studio albums, five compilation albums, and two Christmas albums.
- Live performances: He performed in 150 concerts annually, earning significant income from tours and concerts.
- Record production: His role as a record producer also contributed to his earnings.
- Acting: Keith expanded his career into acting, which added to his income.
- Business ventures: He owned a chain of restaurants named “I Love This Bar & Grill” and had endorsement deals.
- Record label: He had his own record label, Show Dog-Universal, and was a minority stakeholder in Big Machine Records.
These ventures collectively contributed to Toby Keith net worth, making him one of the wealthiest celebrities in the music industry.
Toby Keith investment
Toby Keith, the late American country singer-songwriter, was known not only for his music but also for his savvy business investments. He had a diverse portfolio that included:
- Wild Shot: His own liquor label.
- Big Machine Records: He invested $400,000 in Big Machine, securing an estimated 10% stake.
- Restaurants: He owned a chain of restaurants named “I Love This Bar & Grill” and had endorsement deals.
These ventures were part of what made Toby Keith a successful ‘Cowboy Capitalist,’ contributing to his substantial net worth at the time of his passing.
Toby Keith real estate
Toby Keith, the late American country music star, was known for his impressive real estate holdings. Among his properties was a 160-acre ranch in Norman, Oklahoma, which featured a 10,000-square-foot home with amenities such as a half-moon pool and a collection of vintage cars.
Additionally, he owned a beachfront mansion in Mexico, further diversifying his real estate portfolio3. These properties not only provided him with a lavish lifestyle but also served as investments that appreciate over time.
Toby Keith
Born in Clinton, Oklahoma, and raised in Moore, a suburb of Oklahoma City, Keith emerged as a country artist in the early 1990s and went on to become an icon of the genre. He sold 25 million to 30 million records in the U.S., depending on varying estimates, and his songs had more than 10 billion digital streaming plays. Toby Keith Net Worth
The Country Music Hall of Fame and Museum remembered Keith as someone who was “big, brash, and never bowed down or slowed down for anyone.”
Keith performed at the 2023 People’s Choice Country Awards in September and received the Country Icon Award.
He released his debut album in 1993 and is known for hits including “Red Solo Cup” and “I Wanna Talk About Me.” His 2002 song “Courtesy of the Red, White and Blue (The Angry American),” released in the aftermath of the 9/11 attacks, made him a household name.
“There’s not one single thing political about supporting the troops,” he said.
In 2021, then-President Trump awarded Keith the National Medal of Arts, which the National Endowment for the Arts describes as “the highest award given to artists and arts patrons by the United States government.”
How did Toby Keith pass away?
CHICAGO (WLS) — Chicago area country fans are mourning the death of singer Toby Keith. Keith died on Monday after a 2022 stomach cancer diagnosis. He was 62.
When did Toby Keith come out?
In the 1990s, he released his first four studio albums—Toby Keith (1993), Boomtown (1994), Blue Moon (1996), and Dream Walkin’ (1997)—and Greatest Hits Volume One under Mercury Records.
Why is Toby Keith so rich?
Keith’s music career and his various other business ventures made him one of the wealthiest celebrities in the United States. The July 15, 2013, edition of Forbes magazine features Keith on the cover with the caption “Country Music’s $500 million man.”
Did Toby Keith make Taylor Swift?
Keith was a major figure in Swift’s early years. He helped found the “Cruel Summer” singer’s first record label, Big Machine, along with Scott Borchetta, but left six months later to focus on his own label, Show Dog Nashville.
How many biological kids does Toby Keith have?
“They all grew up with me being successful, but they are not hooked on that part of the business,” he added. Keith, who died Monday at the age of 62, was married to Tricia Lucus for nearly 40 years. The couple wed on March 24, 1984, and became parents of three children: daughters Shelley and Krystal, and son Stelen.
Is Toby Keith still married?
Keith and Lucus got married in 1984, according to People. In March 2023, fans celebrated the couple’s wedding anniversary when a post was shared on Keith’s Instagram account of him and Lucus together. The caption read, “Happy anniversary to Toby and Tricia! Show them some love in the comments.”
