Billy Joel Net Worth 2024: A Deep Dive Into The Legendary Artist’s Fortune

Billy Joel, the 5-time Grammy Award-winning singer, producer, & piano artist, has been a professional since 1965. With the sales of 84.5 million albums, he ranks #6 among the US best-selling artists, while the worldwide album sales record over 150 million. Joel has released 13 studio albums, including the multi-platinum albums River of Dreams (1993), An Innocent Man (1983), Glass Houses (1980), and 52nd Street (1978). In this article, we take a deep dive into Billy Joel net worth

What is Billy Joel net worth in 2024?

With a music career prominence of over 5 decades, the New York-born music veteran gained massive fame & fortune. Apart from album sales, Billy also makes a hefty sum through tours as well. According to Net Worth, Joel has an estimated net worth of $250 million as of October 2024.

As reported, the American singer made $45 million between June 2017 and June 2018 that reached $50 million by the beginning of 2020. 

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First Solo Album Was Commercial Disappointment

Having worked in the bands Echoes (later changed to Emeralds) and the Hassles, Billy formed a duo Attila with drummer Jon Small in 1969 that remained till October 1970. Later, Joel released his first solo album, Cold Spring Harbor, with Family Productions in 1971. Despite an expenditure of $450,000 on Joel, the singer’s debut solo album turned a commercial disappointment.

Breakthrough With “Piano Man” & Album Sales

After Family Productions sold Joel’s contract to Columbia, the singer released the album Piano Man on November 9, 1973, which got 4-time Platinum certification from RIAA. Famous for his signature song Piano Man, Billy Joel has released 13 studio albums, among which 11 are platinum & multi-platinum certified; the most recent album was Fantasies & Delusions (October 2, 2001).

Indeed, with the release of hit songs like Just the Way You Are, Only the Good Die Young, It’s Still Rock and Roll to Me, and We Didn’t Start the Fire, the American singer got hands in a pool of cash. Till date, Billy Joel has sold over 150 million records worldwide, & the compilation album Greatest Hits Vol. 1 & 2 made over 11.5 million copies. His album Glass Houses (1980) made sales of $7.3 million that also earned him a Grammy Award for Best Rock Vocal Performance, Male.

Albums & Certifications

Did you know? Despite being Diamond certified by the RIAA, Billy’s album The Stranger made only $3,000 due to mismanagement.

Once Toured With Elton John: Still Active in Tours

The MusiCares Person of the Year for 2002, Billy Joel, seems active in tours & concerts since his solo singing career took off in the 70s.

The music veteran began touring with Elton John in 1994 and made $46 million through 2003.

Meanwhile, Billy often performs at Madison Square Garden. As reported, his concert in 2018 took on over 220,000 tickets in the venue.

Billy Joel’s upcoming concert schedule:

1. November 15, 2019—New York at Madison Square Garden
2. December 11, 2019—New York at Madison Square Garden
3. January 10, 2020—Hollywood, Florida at Hard Rock Live
4. February 7, 2020—Tampa, Florida, at Amelie Arena
5. April 18, 2020—Charlotte, North Carolina at Bank of America Stadium
6. June 20, 2020—Notre Dame, Indiana, at Notre Dame Stadium

Earnings From Business Endeavors

Along with success in the music industry, Joel also advances his fortune through business sidekicks. Well, he co-founded Long Island Boat Company along with boating businessman Peter Needham.

Moreover, the Uptown Girl singer owns a shop that makes custom retro-styled motorcycles in Oyster Bay, Long Island.

Did you know? Billy canceled the release of his autobiography, The Book of Joel: A Memoir, set to release in June 2011, & sources cited that he had to return the advance of the $8 million book project to the publisher.

Multiple Property Ownership

Even if Joel owns massive real estate in the United States, he prefers to keep its location private. In 2006, it was reported that the singer’s Miami Beach mansion was worth $13.5 million. Furthermore, he owns houses in Nolita’s 211 Elizabeth Street (valued at $3.3 million in 2010) and Hampton Estate (valued at $22.9 million in 2014).

As per Variety, Joel put his Manalapan, Florida, oceanfront side-by-side house for sale in December 2015, asking for $29 million. He had purchased the assets in 2014 for separate transactions, $11.8 million & $5.6 million.

In October 2018, Forbes reported that one of the lots went for $7.5 million, and the remaining eight-bedroom, ten-bathroom home was on the market for $16.9 million.

However, the sales report is yet to be out.

Also, Joel had his nearby Manalapan property for sale asking $31.9 million (bought in 2015 for $22 million) but pulled out in April 2018.

Former Residences

Formerly, he shared a house with supermodel ex-wife Christie Brinkley that was snagged off for a profit of $1.46 million; the property was bought in 1981 for $65,000 & sold in 1986 for $1.525 million.

Also, Billy owned a house in Sagaponack, New York, later sold in 2010. Even more, the American singer sold his Huntington house in 2014, bought for his mother in 1984 for $248,000.

Cars Crashes

The owner of the motorcycle custom-production shop, Billy Joel, is an enthusiast of bikes but also drives luxurious cars too. However, car-driving luck seems to have faded in the case of Billy.

Well, over the period of 2 years, Joel had 3 car accidents; in 2004, he smashed into the home of Maria Dono (the then 94-year-old lady was not home).

Earlier, he crashed in East Hampton in 2002 and into a tree on Long Island in 2003.

Well, Billy claimed the depression due to the 2001 terror attacks on his home city as the reason for the accidents.

Did you know? Billy Joel uses the 57-foot commuter boat Vendetta to travel from Long Island to New York City.

Billy Joel’s Family Background, Age & Height

Joel was born William Martin Joel on May 9, 1949, in The Bronx, New York City, New York. His father, Howard, was a classical pianist and businessman, while his mother, Rosalind, worked as a homemaker (died in July 2014).

After Billy’s parents divorced in 1957, he lived with his mother & younger sister Judy. From his father’s remarriage in Europe, Joel has a half brother, Alexander Joel.

Billy Joel hails from a Jewish family & holds an American nationality.

He went to Hicksville High School but didn’t graduate; rather, he went to play the piano to support his family.

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Married 4 Times: Father of 3 Children

Billy Joel has been married 4 times in his life & is divorced with 3. From his marriages, the Grammy-winning singer has 3 children.

Currently, he lives with his fourth wife Alexis Roderick; the duo exchanged vows on July 4, 2015, & shares 2 children, both daughters: Della Rosa Joel (August 12, 2015) and Remy Anne (October 22, 2017).

First, he was in a marital relationship with Elizabeth Weber (his first wife) from September 5, 1973, to July 20, 1982.

Later, Billy married Christie Brinkley on March 23, 1985, & welcomed daughter Alexa Ray Joel on December 29, 1985. However, they divorced on August 25, 1994.

Then, Joel remained with his third wife Katie Lee for 6 years (October 2, 2004-May 25, 2011).

Suicide Attempt

With years of battle against depression, the situation for Billy went severe in 1970, following career declination & tragedies. He drank furniture polish & attempted to take his life; he also left a suicide note.

Later, his bandmate Jon Small took him to the hospital.

In 1971, Billy released the album Cold Spring Harbor, relating to the suicide incident. He checked into the Betty Ford Center in March 2005.