Sammy Hagar, famously known as “The Red Rocker”, is an American singer, songwriter, musician, and entrepreneur. He is best known as the former lead vocalist of the rock band Van Halen and a successful solo artist. Over his decades-long career, Hagar has amassed an impressive net worth estimated at $120 million as of 2024.
Sammy Hagar’s Early Life and Career Beginnings
Sammy Hagar was born in Salinas, California, on October 13, 1947. His family faced financial struggles during childhood as his father worked as a butcher. Hagar got his start in music by playing guitar in local bands around his hometown. His first major band was Skinny, formed in 1969.
Hagar found his breakthrough success after he formed the band Montrose in 1973. They released their self-titled debut album in 1973, including Hagar’s first major hit song, “Rock Candy.” After tensions with the band’s guitarist Ronnie Montrose, Hagar departed to launch his solo career in 1976.
Sammy Hagar’s Solo Success and Joining Van Halen
Sammy Hagar’s debut solo album _Nine on a Ten Scale_ was released in 1976 and reached #94 on the Billboard 200 chart. His next album _Sammy Hagar_ (1977), featured his biggest solo hit, “Red,” which charted at #5 on the Mainstream Rock Tracks. Over the next few years, Hagar continued to release successful albums, including _Street Machine_ (1979) and _Standing Hampton_ (1981).
In 1985, Hagar joined the prominent rock band Van Halen as their new lead vocalist, replacing David Lee Roth. His first album with the band, _5150_, was a major success, featuring the hits “Why Can’t This Be Love” and “Dreams.” It reached #1 on the Billboard 200 album chart.
Hagar found continued fame and multi-platinum sales with Van Halen over the next several years. Albums like _OU812_ (1988) and _For Unlawful Carnal Knowledge_ (1991) were hugely popular, making him one of rock’s top frontmen. However, tensions eventually led to Hagar departing from Van Halen in 1996.
Sammy Hagar Career
After his split from Van Halen, Sammy Hagar revived his solo career in 1997 with the release of Marching to Mars. It featured the hit “Little White Lie.” He also formed a new band called The Waboritas as his backing band.
In 1999, Hagar formed the supergroup Chickenfoot with guitar virtuoso Joe Satriani, former Van Halen bassist Michael Anthony, and drummer Chad Smith of Red Hot Chili Peppers. Their self-titled debut album in 2009 was certified gold and reached #4 on the Billboard 200.
Some of Hagar’s most recent solo albums include Cosmic Universal Fashion (2008) and Space Between (2019). He regularly tours as a solo artist, including his annual Sammy Hagar & Friends residency in Las Vegas.
|October 13, 1947
|Samuel Roy Hagar
|American singer, songwriter, and guitarist
|Salinas, California, U.S.
Sammy Hagar Business Ventures
In addition to his prolific music career, Sammy Hagar has found major financial success in business. His most notable venture is as founder of Cabo Wabo Enterprises, which produces Cabo Wabo tequila. Hagar opened the first Cabo Wabo cantina in Cabo San Lucas, Mexico, in 1990.
The brand grew into one of the top-selling premium tequilas in the U.S. In 2007, Hagar sold an 80% stake in Cabo Wabo Tequila to beverage company Gruppo Campari for $80 million. Hagar maintains his 20% share of the company, earning him a sizeable annual income in royalties and distribution.
The rocker also opened Sammy’s Beach Bar & Grill locations in various airports across the U.S. He has earned revenues from merchandising deals, real estate investments, and appearances in television and film.
Sammy Hagar Net Worth
- As of 2024, Sammy Hagar has an estimated net worth of $120 million.
- His highest source of wealth stems from selling his 80% share of Cabo Wabo tequila for $80 million in 2007.
- He continues to earn royalties from the Cabo Wabo brand and income from his other business ventures.
- Hagar likely earned tens of millions from album sales and touring revenue during his time with Van Halen at the band’s commercial peak.
- He owns a valuable real estate portfolio, including a lavish home in Maui worth over $9 million.
- Other income streams include restaurant franchises, merchandising, endorsements, and capital investments.
- Much of his wealth comes from smart business decisions and leveraging his rock star brand, more than just music earnings.
- Hagar still actively tours and records new music despite his age, adding to his growing fortune.
Sammy Hagar’s Impact on Rock Music
Sammy Hagar has undeniably impacted rock music over his long career. As Van Halen’s lead singer during their late 80s/early 90s heyday, his powerful vocals and energetic stage presence cemented him as one of the genre’s most iconic frontmen. Hits like “Finish What Ya Started” and “Poundcake” off the album _For Unlawful Carnal Knowledge_ display Hagar at his creative peak.
The musician has shown rare longevity among rock stars, still able to draw huge crowds to his concerts and collaborate with younger artists. Hagar’s business acumen has also made him one of the wealthiest rock musicians. Although now in his 70s, The Red Rocker continues to entertain fans globally and add to his impressive net worth through music, business, and his infectious passion for life.
What is Sammy Hagar’s age?
Sammy Hagar was born on October 13, 1947, making him 76 as of 2023. The musician, nicknamed “The Red Rocker,” first rose to fame in the 1970s and is still rocking stages today as he approaches his late 70s.
Who is Sammy Hagar?
Sammy Hagar is an American rock singer and guitarist best known as the former frontman of Van Halen from 1985 to 1996. He had a successful solo career before joining the band and founded the popular Cabo Wabo tequila brand. Hagar is praised for his powerful voice and energetic stage presence.
What tours is Sammy Hagar doing?
Sammy Hagar is touring North America on his 2023 residency tour, “Sammy Hagar & The Circle.” He performs legacy hits from his time with Van Halen and his prolific solo material. Even in his 70s, Hagar still draws huge crowds and puts on an energetic show.
Who is Sammy Hagar’s wife?
Sammy Hagar has been married to his wife, Kari Hagar, since 1995. Kari is Hagar’s second wife, as he was previously married to his first wife, Betsy, from 1968 to 1994. Kari often joins Hagar on tour and supports his business ventures like Cabo Wabo tequila.
What is a typical Sammy Hagar setlist?
A typical Sammy Hagar setlist draws from across his career, including solo hits like “I Can’t Drive 55,” Montrose’s “Rock Candy,” and Van Halen classics like “Right Now” and “Why Can’t This Be Love.” He may throw in covers of songs like “My Generation” and often closes shows with his signature song, “Mas Tequila.”
What tequila does Sammy Hagar own?
Sammy Hagar founded Cabo Wabo tequila in 1996 and sold an 80% stake of the brand to Gruppo Campari in 2007 for $80 million. He still maintains a 20% share in the company and earns royalties from one of the top-selling premium tequila brands.