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(Journey Royalties) Steve Perry’s Wealth Acc to Forbes

By Roger Ferguson

Posted July 28, 2024

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Stephen Ray Perry

American singer-songwriter

$80 Million
$5 Million (6.6%)
Real Time Net Worth
#22 in Singers today

As of 2024, Steve Perry has a net worth of $80 million. He earns $275,000 per concert, including merchandise sales, and receives 25% of profits from food and beverage sales at events, according to Forbes. This explains his huge wealth.

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Income from Music Albums

As the main singer for Journey at their height, Steve Perry was in a band that sold over 80 million albums worldwide. Their hit albums “Escape” (1981) and “Frontiers” (1983) each sold more than 10 million copies, earning $25 million in royalties.

Although he wasnโ€™t as successful solo as with Journey, Perry released two solo albums in the 90s that went Platinum and Gold. This brought him additional income. Overall, Steve Perry has earned over $14.5 million from his solo music.

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Steve Perry House

Steve Perry is known for keeping his personal life private, including his homes. He owns a Mediterranean-style mansion in Del Mar, California, worth over $10 million, and a more modest house in Larkspur, California, valued at about $4.9 million.

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Journey Royalties

After leaving Journey in 1998, Perry reportedly negotiated a deal to get a percentage of the band’s album sales and live performance income. He is said to receive 50% of the net income from certain albums and tours.

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Steve Perry Net Worth 2024 (Forbes)

NameStephen Ray Perry
Net Worth$80 Million
Annual Income$16 Million
Music Royalties$10 Million
Concert Earnings$275,000 per show
Monthly Spends$220,000
Real Estate Assets$40 Million
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What Cars Does Steve Perry Own?

Steve Perry owns a total of 7 cars which includes a 1965 Ford Mustang 1978 Corvette, 1989 Ferrari Testarossa, 2003 Porsche Boxster, 2012 Mercedes-Benz CLS, 2018 Audi A7, and a 2023 BMW i4.

Real Estate Assets

Steve Perryโ€™s real estate portfolio, valued at $25 million, includes both residential and commercial properties. He earns millions in rental income annually from these assets.

  1. Seattle, Washington: A $10 million modern waterfront home.
  2. Chicago, Illinois: A $6 million luxury penthouse in downtown.
  3. Santa Fe, New Mexico: A $4 million adobe-style estate.
  4. Park City, Utah: A $3 million mountain lodge.
  5. Charleston, South Carolina: A $2 million historic property.

Wealth Timeline

Net Worth in 2024$80 Million
Net Worth in 2010$60 Million
Net Worth in 2000$38 Million
Net Worth in 1990$16 Million

Page Contents

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  • Income from Music Albums
  • Steve Perry House
  • Journey Royalties
  • Steve Perry Net Worth 2024 (Forbes)
  • What Cars Does Steve Perry Own?
  • Real Estate Assets
  • Wealth Timeline
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