Sammy Hagar – $140 million

Samuel Roy Hagar, also known as The Red Rocker, is an American singer-songwriter, guitarist, and entrepreneur. Hagar reached the height of his career in the 1970s with the hard rock band Montrose, for which he was the vocalist. He then started a successful solo career, scoring a lasting hit in 1984 with I Can’t Drive 55. His musical style primarily consists of heavy metal and hard rock.

As an entrepreneur, Hagar founded the Cabo Wabo Tequila brand and restaurant chain and Sammy’s Beach Bar Rum and many more bars all over America. When interviewed about how he balances being a rock star and tequila magnate, he responded that he has people doing everything. His job is more on the taste and the concept side of the business, while he has workers who help him daily on the production side. His recognition in the music industry and his businesses gained him an estimated net worth of over $140 million. It’s good to know that he spends his money wisely. He is an inspiration!