While widely known for his music, Sammy Hagar has established himself in multiple fields from tequila to restaurants since the 1970s. We’ll see how much profit these ventures brought to the singer so far.
Hagar’s Career Started With Music
Hagar’s life in music began when he joined Montrose in the ’70s. He wrote his first song, ‘Bad Motor Scooter,’ with the band, according to Wikipedia. More followed after he left the lineup and pursued a solo career.
In 1985, the singer joined Van Halen, replacing David Lee Roth. His era in the group resulted in four multi-platinum albums, including ‘5150’ and ‘For Unlawful Carnal Knowledge,’ as well as nine number-one hits, the Wiki page further explained.
He left Van Halen in 1996 after internal disputes while his solo projects and collaborations kept coming, forming bands like Chickenfoot and Sammy Hagar & The Circle.
He Delved Into The Spirits Industry As Well
On the other side, Hagar launched Cabo Wabo Tequila in the 1990s, as a product for his Cabo Wabo Cantina in Mexico, Celebrity Net Worth wrote. The tequila became one of the top-selling premium tequila brands in the United States by 2007.
According to the website, the singer sold 80% of the brand to Gruppo Campari for $80 million that year and the remaining 20% for $15 million in 2009, bringing in a total of $95 million from the sales. After that, he partnered with Guy Fieri to launch Santo Tequila, continuing his involvement in the spirits industry.
His Work Brought In A Fortune
Hagar expanded his business interests beyond tequila in 2011, introducing Sammy’s Beach Bar Rum, produced in Maui, Hawaii (per Wikipedia). He also opened Sammy’s Beach Bar & Grill restaurants, donating profits to local charities, while the Cabo Wabo Cantina in Cabo San Lucas remained one of his most notable ventures.
The singer’s net worth reached $150 million today thanks to his music and business-related efforts, Celebrity Net Worth reported. His real estate investments included properties in California, Lake Tahoe, and other locations in addition to a collection of luxury cars, including a custom LaFerrari valued at $2.2 million and a black 1982 Ferrari featured in his music video for ‘I Can’t Drive 55.’
