If you are a hardcore rock fan then there is a zero percent chance of you not knowing who Phil Collins is. Collins is one of the popular names in the rock music world, especially for traditional rock lovers. He used to be the lead singer as well as the drummer of the popular English rock band Genesis.
Genesis was formed back in 1967 and around three years after the band was formed in 1970, Collins joined the band replacing the original drummer of the band John Mayhew. Furthermore, he then became the lead vocalist of the band in 1975 after the original lead singer and frontman Peter Gabriel left the band. However, years after that, in 1996 Collins left the band. And after leaving the band, he focused on a solo music career.
Moreover, Collins is not only a singer, songwriter, or drummer but he is also an actor and record producer. Since he has put his hand in different fields in the entertainment industry, his fans are curious to know how much the musician makes and how much his net worth is. So in this handy article, we will briefly talk about Collins’ music journey and finally, we will talk about how much he is worth.
How is Phil Collins so rich?
We all know that Collins is a musician and the main source of his income is music. Furthermore, he has also worked in various movies. Since he got rich because of his music career, let’s discuss shortly his music journey with the band Genesis and his solo music career.
According to the reports, Collins earned more as a solo musician than he was on Genesis. The Grammy and Acadamy awards winner has sold more than 100 million albums globally. Although we don’t know how much he earned from his albums, we do know that he earned millions and it was not his only source of income.
Collins also does tours and massive concerts and we know for a fact that he earns millions from the tours and concerts. As per the reports, he can earn over forty million per show. He also sold millions of albums while he was in Genesis. So do you think that is all of his income sources? if you are then you could not have been more wrong because he also gets royalty from some songs of Genesis, according to Billboard.
It looks like that Collins is also into real estate as back in 2015 he bought an 11,000-square-foot mansion in Miami for $33 million and in 2020 he sold the mansion to Orlando Bravo for $39 million.
He is now 71 years old and back in March this year, he announced at a concert that it was his last or final live show with Genesis and most probably as a solo artist as well. Many fans spread the love for the 71 years old artist and many thanked him for the inspiration he gave.
Phil Collins’ net worth
As mentioned above, Collins’ main income source is music and according to the reports, he has a net worth of $300 million. However, it seems that his divorce may have affected his net worth, and why wouldn’t it? he was divorced three times for god’s sake.
He was first married to his high-school sweetheart Andrea Bertorelli in 1975 however, just around five years later in 1980 they got divorced and they share a son Simon Collins together. However, how much settlement money Collins paid is unknown.
After Andrea, he got married to Jill Tavelman in 1984 and their marriage ended in 1996. As per the sources, Collins had to pay $25 million for a divorce settlement. They share a daughter Lily Collins who is a well-known actress. Moreover, Collins married a woman named Orianne Cevey in 1999, and a few years after their marriage in 2008 they got divorced. And this time Collins had to pay $45 million for a divorce settlement. Collins and Cevey share two sons.
Who is the richest member of Genesis?
Well, the richest member of Genesis is undoubtedly Phil Collins with a net worth of a whopping $300 million. After all, he is the only one of three artists to have sold more than 100 million albums, the other two are Michael Jackson and Paul McCartney.
Another band member Tony Banks has a net worth of $60 million, similarly, Peter Gabriel has a net worth of $95 million.