Sammy Hagar net worth

Sammy Hagar net worth

Net Worth: $120 million

About Sammy Hagar

Sammy Hagar net worth has been claimed to have an estimate of 120 million dollars. To the public, Sammy Hagar is mostly known as a rock singer and also as a very successful entrepreneur. In addition, Sammy Hagar is one of the members of the rock group called “Van Halen”, which added a lot of revenues to the overall amount of Sammy Hagar net worth.

Moreover, he is also known as the most controversial singer of the band. Despite that, the musician is really talented and he composed almost all hits of the band. When he joined the group, fans started to complain a lot about the new sound of the group which was a result of Sammy Hagar’s contribution, thus the fans started to call the band “Van Hagar”. In addition to his musical career, Sammy Hagar owns the brand of tequila called “Cabo Wabo” and he has his own restaurant chain, which also adds millions of dollars to the total amount of Sammy Hagar net worth. Talking more about his involvement into music, his first band was called “Montrose” which he joined in 1973. Since then, Sammy Hagar experimented with a lot of music styles when he heard the news that the group called “Van Halen” is looking for a member.

Also, Sammy Hagar tried to become a solo singer before becoming a part of the “Van Halen”. Although fans complained a lot during the time when Sammy Hagar entered the band, together with him “Van Halen” released a lot of successful singles such as “5150”, “OU812”, “Balance” and “For Unlawful Carnal Knowledge”. After he left the band, he started to become an entrepreneur. Thus, he established “Sammy’s Beach Bar and Grill” in St. Louis. In addition, he started running another restaurant called “Cabo Wabo Cantina” in Mexico.

Although he got quite a lot of money from the time when he was involved into the “Van Halen” band, a bigger part of his net worth has nothing to do with his activities in the group. In 2007, 80 percent of the Cabo Wabo tequila company were sold to Gruppo Campari for 80 million dollars, which increased Sammy Hagar net worth by a mile. In 2009, 20 percent of the same company were sold for 15 million dollars. Thus, in general a bigger part of his net worth comes not from his involvement into music, but from business and investments. From the investment deals of Cabo Wabo Sammy Hagar was said to get around 95 million dollars which proves that a lot of the money comes from his entrepreneurial activities.


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