Sammy Hagar Net Worth [Updated 2023]

January 22nd, 2023

Sammy Hagar Net Worth

Quick Facts About Sammy Hagar

Net Worth $150 million
Age 76 years old
Born October 13, 1947
Gender Male
Height 1.78m (5ft 10 in)
Country of Origin United States of America
Source of Wealth Singer, Author, Actor, Entrepreneur, Songwriter, Lyricist,

Sammy Hagar is largely known as The Red Rocker because of his music career. Yes, Hagar is a top American rock singer. However, that is not all, as he is also an actor, author, lyricist, songwriter, and entrepreneur. Actually, his entrepreneurial skills brought him a lot more fortune.

Talking of fortune, what is the net worth of Sammy Hagar? As of January 2023, Hagar has an estimated net worth of $150 million. If he continues with his business ventures and music career, he is definitely going to make the fortune grow even more.

This guide focuses more on helping you understand the life of Sammy Hagar, his early life, growth, personal life, and so much more. In the end, you should have all the information about Sammy Hagar.

Personal Life

Sammy Hagar’s full name is Samuel Roy Hagar, born in Salinas, California, on October 13, 1947. That makes him 76 years old as of 2023.

His father’s job at a steel mill made them move around a lot. That is why he grew up in Fontana shortly after he was born.

While he was a teenager, he got interested in the growing music scene in Southern California. It is surprising how he managed to start a band when he was just 14 years. It was called the Fabulous Castilles.

Hagar would graduate from Fontana High School and then on to join the Johnny Fortune Band as a guitarist and vocalist.

He was still a member of the Justice Brothers Band that used to play in San Bernardino, California.

At this point, we have already established that Sammy Hager was a rock musician.

His big break came in 1973 when he was working with the Montrose band. He was part of the band’s debut and second albums. This cemented his name in the game. Of course, his songs such as “Bad Motor Scooter,” made his break even better.

Hagar would later start his solo career after leaving Montrose. In the 80’s, that is when his solo career kicked off with hits such as “I can’t Drive 55.” The sound is what earned him the Red Rocker name.

Sammy Hagar would later join Valen Halen after the departure of David Lee Roth. Together with Eddie Van Halen, they released four multi-platinum albums. During this time, fans would call the band Van Hagar than Van Halen.

Discord in the band saw Hagar leave Van Halen in 1996 but later rejoin in 2003. It seemed there was still tension which ended his association with Van Halen again.

Sammy Hagar Wives

As of 2023, Sammy Hagar has been married twice. First, he was married to Betsy Berardi and then later on to Kari Hagar.

Sammy Hagar married Betsy Berardi in 1968, and the two had two sons together. Aaron was born in 1970, and Andrew was born in 1984. However, after 26 years of marriage, Sammy and Betsy got divorced.

Hagar would then get married again to his current wife, Kari Hagar in 1995. They have two daughters together. This includes Kama, born in 1996, and Samatha, born in 2001.

Sammy Hagar’s Houses & Cars

Sammy Hagar owns a beautiful Mill Valley, California home. Reports are that he has been trying to sell his other home in Lake Arrowhead, California.

The house in Lake Arrowhead is currently up for rent for an estimated $30,000 per month. For such an amount, you get 6,557 square feet of space.

Hagar loves to explore the world of real estate. That is why he also invested in another house in 2009. The house cost him $2.3 million and consists of 8 bedrooms and a separate guesthouse.

Currently, the house is on sale for $3.9 million. If he can sell it at that price, it is a good deal for anyone who would get it.

Real estate is not the only Sammy Hagar spends his money. He enjoys spending it on cars too. He owns one of the largest collections of Ferraris. The latest purchase of a Ferrari is when he ordered a white LaFerrari, which cost around $2.2 million.

He also owns a black 1982 Ferrari 512BB, which was part of his music video “I Can’t Drive 55.”

So, he loves to own and drive his cars, unlike some other celebrities that might just keep their vehicles garaged.

Other vehicles in his collection also include Aston Martin Vanquish Lagonda, Jaguar XKE, Ford GT, Ford Shelby GT, Ferrari 599 GTB Fiorano F1, and more.

Taking a walk in his garage should leave you happy, especially for someone who is into cars.

Sammy Hagar’s Business and Books

Sammy Hagar has always been business oriented since he was young. He started by opening an independent bike shop in California. It went on to be highly sought after in just a few years.

He also owns a nightclub and restaurant, Cabo Wabo Catina, in Cabo San Lucas, Mexico.

You can now find another Cabo Wabo restaurant in Lake Tahoe, Nevada.

Other restaurants he owns include Sammy’s Beach Bar & Grill, based in St. Louis and in the McCarran Airport, Las Vegas.

The list of restaurants he owns is not over. The others include;

  • Bally’s Casino on the Atlantic City Beach
  • Sammy’s Bear Bar Rum
  • El Paseo in Mill Valley, done in partnership with Tyler Florence

In 2015, Hagar took on another venture, including a weekly radio show called Sammy Hagar’s Top Rock Countdown. Many people quickly liked the show, and that has never stopped, even today.

Still, on business, Sammy Hagar co-owns Santo Tequilla with Guy Fieri, a celebrity chef. However, this is not his first touch with a tequila company. He began selling his own tequila called Cabo Wabo in the late 90s.

The Cabo Wabo tequila is quite popular among locals and international distributors.

In the first year it was launched, it sold over 40,000 cases. As of 2006, the company sold over 150,000 cases yearly, generating around $60 million in revenue.

In 2014, Cabo Wabo was now the second-best-selling tequila in the U.S., just after Jose Cuervo.

Other companies saw the potential in Cabo Wabo. That is why in 2007, Hagar sold 80% of Cabo Wabo to Gruppo Campari for $80 million. That was a still for a company that was still young.

In 2009, he sold the remaining stock of 20% for $15 million. This was quite a fortune for him to have pocketed $95 million.

In addition to being good at music, Sammy Hagar has also published books too. The most notable is his autobiography, Red: My Uncensored Life in Rock, published in March 2011.

He has also published a cookbook, Are We Having Fun Yet?- The Cooking & Partying Handbook. It was released in September 2015.

Sammy Hagar Lifestyle

A lot has changed for the better for Sammy Hagar. Right now, he is living his best life, unlike when he used to mow lawns for a living. Yes, Hagar also did some odd jobs to make ends meet.

Hagar has had his share of ups and downs, but it seems things worked out well for him. Right now, he is a well-established rockstar who enjoys years of royalties from his musical success,

As part of his hobbies, Hagar loves collecting vintage cars. If there is anything vintage that stands out, Hagar will get it. Also, he enjoys getting rare cars too. The most notable is the white LaFerrari.

We can say his personal car collection is in the tens of millions in estimated value.

Hagar also enjoys taking vacations. In case you follow his social media profile, you will know he enjoys visiting different parts of the world.

News

Sammy Hagar has worked with TMZ and FoxNation recently in documenting his birthday and lifestyle. He liked to call it the birthday bash forever.

He has also sent out his condolences to the family of Jeff Beck, who recently died. He even admitted that, at some point, he wanted to be as good as Jeff when it came to being a guitarist.

We also find that from time to time, his former bandmates also celebrate Hagar for the influence he brought to the bands. This includes Van Halen who shares how Hagar inspired his music to be better.

Sammy Hagar  Instagram | Facebook | Twitter

Instagram: @sammyhagar

Twitter: @sammyhagar

Facebook: https://www.facebook.com/SammyHagar

Favorite Quotes From Him

“Stop looking out, start looking in. Be your own best friend. Stand up and say, hey, this is mine!” ~ Sammy Hagar

“When I did red, it was nine, and that was it for me. I said, “Here I am – nine is my number and red is my color, and I’m in business now.”~ Sammy Hagar

“So many things can get you high, I’m gonna try them all just once before I die.” ~ Sammy Hagar

“The reason my voice is sounding more passionate is that I’m singing directly from the heart.” ~ Sammy Hagar

“I just have a vision of something, and it seems to go a long way. One thought goes a long way.” ~ Sammy Hagar

Summary

We see Sammy Hagar as a businessman and musician we all have come to love. His number of top hits makes him among the top rock musicians in the country. This has made it possible for him to earn a fortune from his music.

That is not all as you also see he is a great entrepreneur. His Cabo Wabo tequila earned him a lot of money that he still enjoys today.

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