American singer-songwriter-guitarist Sam Roy Hagar, commonly known as the Red Rocker, was born on October 13, 1947. He first gained notoriety in the early 1970s with the hard rock band Montrose and then went on to have a successful solo career, including a hit with “I Can’t Drive 55” in 1984.
When he took over as Van Halen’s second lead vocalist in 1985, succeeding David Lee Roth, he experienced commercial success. However, he departed the band in 1996. From 2003 through 2005, he joined the bar again.
As a member of Van Halen, Hagar was honored by being inducted into the Rock & Roll Hall of Fame in 2007. Hard rock and heavy metal make up the majority of his musical taste.
Hagar, a tequila brand and restaurant chain founder who is a businessman, established Sammy’s Beach Bar rum. He currently performs as the lead singer for the bands Chickenfoot and Sammy Hagar and the Circle. Hagar also hosts AXS TV’s Rock & Roll Road Trip with Sammy Hagar.
Sammy Hagar Net Worth: How Did the American Singer Build His Fortune?
American rock singer and businessman Sammy Hagar has a $150 million fortune. Sammy Hagar, often known as “The Red Rocker,” is most well-known for being a member of the band Van Halen. In 1985, he became the band’s renowned lead singer after David Lee Roth left.
From 1985 to 1996 and again from 2003 to 2005, he collaborated with Van Halen. Sammy Hagar and Guy Fieri jointly own the tequila brand Santo Tequila. Sammy used to operate the tequila Cabo Wabo tequila firm and now holds the rum business called Beach Bar Rum. Sammy sold Cabo Wabo twice, in 2007 and 2009, for $95 million.
Cabo Wabo Fortune
Although Sammy made his yearly income in the music business, Van Halen is not the primary source of his current wealth. Sammy started marketing his tequila in the late 1990s under the name “Cabo Wabo” (after the name of a club he acquired in Cabo San Lucas, Mexico, in the 1980s).
His bar and tequila gained much popularity over time, not just with locals but also with international distributors. For $80 million, Sammy sold Gruppo Campari 80% of the Cabo Wabo Tequila Company in 2007.
He sold the final 20% in 2009 for an extra $15 million. Hagar owned most of the business, earning almost $95 million from the transactions personally.
When Did Sammy Hagar Get His First Big Break With the Band Montrose?
Hagar’s first significant break came in 1973 with the band Montrose. He participated in both the band’s first and second albums. “Bad Motor Scooter,” Hagar’s debut composition, was written for Monstrose.
Hagar left Montrose and started a solo career. With “I Can’t Drive 55” from his 1984 album “VOA,” Hagar scored one of the biggest hits of his solo career in the 1980s. In this period, he picked up the nickname “Red Rocker.”
We’ve previously written a few pieces regarding the wealth of famous celebrities. Visit the links provided below to learn more:
- Jenna Fischer Net Worth: How Much Money Does She Have?
- Paul George Net Worth 2023: How the American Basketball Player Made His Fortune
How Many Albums Did Van Halen Release With Sammy Hagar?
Eddie Van Halen contacted Hagar in July 1985 to fill the void left by David Lee Roth’s departure from Van Halen. Four multi-platinum, number-one albums were released by Van Halen with frontman Sammy Hagar: “5150,” “OU812,” “For Unlawful Carnal Knowledge,” and “Balance.”
Van Halen also produced nine rock chart-topping singles during the Hagar era. Fans frequently called the band Van Hagar around this time. In the summer of 1996, Hagar left Van Halen due to friction within the group.
Early in the 1990s, Hagar founded the rock group Los Tres Gusanos, also known as The Three Worms, with Michael Anthony, the bassist from Van Halen, and David Lauser, the drummer.
Both at Cabo Wabo, Hagar’s nightclub in Cabo San Lucas, and at different places in San Francisco, the band performed original music by Hagar, Van Halen, and cover songs.
Late in 2003, Hagar re-joined Van Halen. The band began a world tour with Hagar the next year and issued a greatest hits album titled “The Best of Both Worlds” simultaneously. Unfortunately, over time, longstanding conflicts within the band re-emerged.