net worth toby keith

Toby Keith’s Net Worth: Country Star’s Fortune

ByElite Lifestyle Team

Toby Keith is a big name in country music. He has been making music for over thirty years. He’s known for hits like “Courtesy of the Red, White & Blue” and “How Do You Like Me Now?!”

Forbes called him “Country Music’s $500 Million Man” in 2013. Toby Keith’s wealth shows his hard work, talent, and smart business moves. By the time he passed away on February 5, 2024, his net worth was about $400 million.

Toby Keith: A Brief Biography

Toby Keith Covel was born on July 8, 1961, in Clinton, Oklahoma. He became a big name in country music. His love for music started when he visited his grandma’s supper club. There, he saw live shows that sparked his passion.

After high school, Toby worked in the oil fields. But he didn’t give up on his dreams. He formed the Easy Money Band in his twenties, starting his music career.

His big break came with a recording deal and the hit single “Should’ve Been a Cowboy” in 1993. This song was a huge hit and opened doors for him. Toby Keith became a star, making music for over 30 years.

He released 19 studio albums, two Christmas albums, and five compilations. He won 14 Academy of Country Music Awards and was nominated for seven Grammys. These awards show his big impact and success.

Toby Keith sold over 25 million albums. He had five albums top the Billboard 200 chart and 61 singles on the Billboard Hot Country Songs charts. He had 20 number one hits. He was inducted into the Country Music Hall of Fame in 2024 and got the National Medal of Arts in 2021.

Toby Keith went from Oklahoma to a global country music star. His hard work and talent inspire many musicians and fans today.

How Did Toby Keith Make His Money?

Toby Keith has made a lot of money, about $400 million. He made it from different ways that show his business skills and music talent. Here are the main ways he earned:

  • Music Career: He sold over 40 million albums worldwide. He had 20 number-one hits. This made a lot of money from album sales, live shows, and writing songs.
  • Restaurant Chain: Toby Keith started “I Love This Bar & Grill” restaurants. They reached about 20 locations. Even though he cut back, it’s still a big part of his business.
  • Wild Shot Mezcal: He launched Wild Shot Mezcal in 2011. It became the top premium mezcal in the U.S. It made about $100 million a year.
  • Clothing Line: In 2009, he created TK Steelman, a clothing line. It was inspired by his style and offered affordable fashion.
  • Record Label: He started Show Dog Nashville, a record label. He also invested in Big Machine Records. This led to success with artists like Taylor Swift and Florida Georgia Line.

These things show why people wonder, “how much is Toby Keith worth?” His hard work in music and smart business moves have raised his worth. His tours also made a lot of money from tickets and sponsors, adding to his wealth.

net worth Toby Keith: A Closer Look

Toby Keith’s net worth is about $370 million. He is the fourth-richest country singer. His success comes from his music that touches fans’ hearts. His songs often talk about patriotism and real-life stories.

Toby Keith has made 19 studio albums. His first hit, “Should’ve Been a Cowboy,” came out before he was 30. It made him a big name in music.

He also made smart business moves. In 2004, he opened his first I Love This Bar and Grill in Las Vegas. This move helped him grow his wealth beyond music.

In 2004, Toby invested in Big Machine Records for $400,000. This move likely made him a lot of money. His Wild Shot mezcal brand also brings in a lot of money, between $60 million to $100 million a year.

This shows Toby Keith’s skill in making money in different areas.

Below is a table comparing Toby Keith’s net worth with other famous country music stars:

Artist Net Worth
Dolly Parton $675 million
Garth Brooks $430 million
Shania Twain $410 million
George Strait $300 million
Tim McGraw $200 million
Faith Hill $200 million
Kenny Chesney $180 million
Luke Bryan $165 million
Alan Jackson $160 million
Carrie Underwood $140 million
Toby Keith $370 million

Toby Keith’s Business Empires

Toby Keith has built a big success with many business projects. He started a restaurant chain called Toby Keith’s I Love This Bar & Grill. It was named after his hit song. This restaurant made a lot of money in the U.S., showing how he mixes his love for music with business.

He also made a big mark in the drink world with his Wild Shot mezcal. This drink became very popular. His smart business moves went beyond just food and drinks. He started a record label called Show Dog after a big deal with Universal.

He also invested in Big Machine Records. This helped him make money from many artists on the label. Toby Keith’s smart choices and vision have helped him earn about $65 million in the last year.

Over five years, he made $270 million. His total earnings are over $500 million. He started with a small salary in the oil industry, showing his big rise to fame. His work inspires new artists and entrepreneurs.

Toby Keith business ventures

Philanthropic Efforts and Personal Life

Toby Keith is known for his big heart. He gave a benefit concert in 2013 that raised $1.5 million for the United Way of Oklahoma. He also started the Toby Keith Foundation in 2006 to help kids with cancer in Oklahoma.

In 2014, the foundation opened the OK Kids Korral. It’s a place where families of kids getting cancer treatment can stay for free.

Toby Keith has been married to Tricia Lucus since 1984. They have three kids: Shelley, Krystal, and Stelen. Now, Toby is a proud grandpa of three.

He loves being involved in his kids’ lives. In 2011, he even coached his son’s football team.

Toby Keith has made over thirty studio albums and had thirty-two number-one singles. He sold more than forty million albums. His music often talks about his life and family.

This connection with his family and community made his music popular with fans all over the country.

Conclusion

Toby Keith will always be a big name in country music. He had 20 number-one hits on the Billboard Hot Country Songs chart. His songs, like “Should’ve Been a Cowboy” and “Red Solo Cup,” touched many fans worldwide.

Keith also made a mark in business with his record label, Show Dog Nashville, and his restaurants, I Love This Bar & Grill. He cared a lot for music and helping others, especially veterans. His life showed the importance of family and community.

Toby Keith changed country music for the better. He won big awards and was inducted into the Songwriters Hall of Fame. His legacy will always be remembered in music history.

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