Phil Collins is not just a legend in music but also a well-established figure in the entertainment industry’s financial landscape.
With a career spanning decades, his wealth, salary, and financial decisions have made him one of the most financially successful musicians of his time.
His financial journey, from his days in Genesis to his solo career, showcases the many ways he has capitalized on his talent and business decisions.
Whether it’s through music royalties, blockbuster tours, or his substantial music catalog sales, Phil Collins’ financial empire continues to grow.
In this article, we’ll take a deep dive into what drives Phil Collins’ wealth, how his career shaped his salary, and explore the financial decisions that make him one of the richest musicians in the world.
From his early days with Genesis to the success of his solo career and major property investments, we’ll explore the various elements of his wealth, salary, and finance.
Phil Collins Quick Facts
FACT | DETAIL |
---|---|
Real Name | Philip David Charles Collins |
Popular Name | Phil Collins |
Birth Date | January 30, 1951 |
Age | 74 (as of 03/03/2025) |
Birthplace | Chiswick, Middlesex, England (now part of the London Borough of Hounslow) |
Nationality | English |
Ethnicity | White |
Education | N/A |
Marital Status | Divorced (3 times) |
Spouse | Orianne Cevey (m. 1999–2008), Jill Tavelman (m. 1984–1996), Andrea Bertorelli (m. 1975–1980) |
Children | Lily Collins, Nicholas Collins, Joely Collins, Matthew Collins, Simon Collins |
Dating | N/A |
Siblings | 2 |
Parents | Greville Philip Austin Collins, Winifred June Collins |
Height | 1.68 meters |
Net Worth | $350 million |
Source of Wealth | Music royalties, touring, music catalog sales, film soundtracks |
What is the Net Worth of Phil Collins in 2025?
As of 2025, Phil Collins’ net worth is estimated to be $350 million. His fortune has been built over decades, thanks to his impressive career with Genesis, his solo success, and significant earnings from music royalties. He remains one of the richest musicians in the world, consistently ranking alongside some of the top earners in the industry.
Phil Collins is part of an exclusive group of artists who have made a significant impact both as solo artists and as members of a band. He joins Michael Jackson and Paul McCartney as one of the only three artists to sell over 100 million albums worldwide both as soloists and in a group. His music catalog and the sale of his Genesis catalog for $300 million in 2022 have added significantly to his wealth.
Other notable musicians in this realm include:
- Michael Jackson
- Paul McCartney
- Genesis
- Ringo Starr
- Elton John
For more on the wealth of the richest celebrities, you can check out the detailed breakdown of their finances here.
Phil Collins Wealth, Salary, and Financial Overview
How Did He Build His Wealth?
Phil Collins’ journey to wealth began with Genesis, where he started as a drummer before becoming their lead vocalist. His early career was marked by groundbreaking albums like Nursery Cryme and Selling England by the Pound. His rise to fame within Genesis paved the way for his successful solo career, with hits like In the Air Tonight and Another Day in Paradise. These albums were not only commercially successful but also generated ongoing royalties that continue to contribute to his wealth today.
In 1996, Collins made a strategic move by leaving Genesis to focus on his solo career. His album No Jacket Required became a massive success, selling over 20 million copies worldwide. This album, along with subsequent releases, solidified his position in the music industry and contributed to the growth of his wealth.
Earnings From Tours and Performances
One of the most lucrative sources of income for Phil Collins has been his tours. His Not Dead Yet Tour in 2018 grossed $90 million, with Collins personally earning an impressive $45 million. These tours, often reuniting him with Genesis, have been vital to his ongoing financial success. Even after decades in the industry, Collins continues to attract massive crowds, and the revenues from ticket sales, merchandise, and music rights from live performances continue to add to his fortune.
The Role of His Music Catalog in His Wealth
Phil Collins’ music catalog is one of his most significant assets. In 2022, he and his Genesis bandmates sold their music catalog to Concord Music Group for $300 million. This sale not only added a substantial sum to his net worth but also reflects the value of his work, which has continued to generate revenue through royalties and licensing deals over the years.
How Much Does Phil Collins Earn Annually?
Phil Collins’ earnings fluctuate depending on his activity within the music industry. In a good touring year, he can earn as much as $50 million, thanks to his high-paying tours and continued album sales. Beyond that, his income from royalties remains a consistent and significant contributor to his overall earnings, with tracks from his solo career and Genesis remaining popular around the world.
Divorce Settlements and Their Impact on His Wealth
Over the course of his three marriages and subsequent divorces, Collins has paid significant amounts in settlements. His most expensive divorce was with his third wife, Orianne Cevey, which reportedly cost him $45 million. These settlements, while substantial, did little to significantly diminish his wealth in the long term, as his income from music and touring continued to grow.
Real Estate Investments and Property Sales
Phil Collins’ real estate investments have also contributed to his wealth. In 2015, he purchased a waterfront mansion in Miami for $33 million. This mansion, after being listed for sale in 2020, was sold for $39 million. Collins has also owned properties in his native England, and these investments have proven to be financially sound decisions, adding value to his overall wealth.
How He Maintains and Grows His Wealth
Phil Collins has built a legacy not just in music but also in financial management. By maintaining ownership of his music rights, selling catalogs at strategic times, and investing in property, Collins has ensured that his wealth continues to grow. He has remained active in the entertainment industry, releasing music, and making smart decisions with his earnings to secure his financial future.
Conclusion
Phil Collins’ wealth is a testament to his decades-long success in the music industry, from his early years with Genesis to his solo triumphs and wise financial decisions.
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