Here's What David Foster's Net Worth Really Is

David Foster has been a household name in the music industry for decades, and rightfully so. After all, the Canadian musician and composer has taken home an impressive 16 Grammy awards over the course of his career, as well as an Emmy, a Golden Globe, and three Oscar noms for Song of the Year, (via David Foster). He's also produced countless records, written songs for famous artists – including Mariah Carey, Celine Dion, Chicago, Madonna, and Earth, Wind & Fire – and has released over fifteen full-length albums of his own, (via Discogs).

Aside from being one of the most famous musicians of all time, Foster is also known for being quite the ladies' man. In fact, he's been married a total of five times throughout his life. He was married to singer B.J. Cook from 1971 to 1981, Rebecca Dyer from 1982 to 1986, Linda Thompson from 1991 to 2005, and Yolanda Hadid — "Real Housewives of Beverly Hills" star and the mother of famous supermodels Gigi Hadid and Bella Hadid — from 2011 to 2015.

In 2019, Foster married "American Idol" alum Katharine McPhee (via Cheat Sheet). While Foster has five (now adult) children from his previous marriages, McPhee gave birth to the couple's first child together in February 2021, (via E! News).

According to Celebrity Net Worth, David Foster is worth around $150 million. The outlet also reports that in addition to working with the famous artists previously mentioned, Foster is "responsible for selling over 500 million albums" for those artists (and more) over the course of his career, which obviously contributed to his overall net worth. However, given his four divorces, his net worth is likely significantly lower than it would be. However, combined with Katharine McPhee's $14 million net worth, the power couple is worth around $164 million.

On top of his successful career as a musician and composer, Foster has appeared on "American Idol," "Nashville Star," "Asia's Got Talent," "The Real Housewives of Beverly Hills," and "The Oprah Winfrey Show," (via IMDb). He also started the David Foster Foundation, which is a non-profit organization that is "dedicated to providing financial support to Canadian families with children in need of life-saving organ transplants."

According to Hello Magazine, Foster and McPhee currently live in a stunning Los Angeles apartment, and per OK! Magazine, the couple were spotted house hunting in Montecito, California in November 2020 in the same neighborhood that Prince Harry and Meghan Markle currently reside in. Per Architectural Digest, Foster and ex-wife Yolanda Hadid sold their Mediterranean-inspired Malibu mansion for a cool $19 million in 2015.