Wayne Newton Net Worth
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $50 million | N/A | April 3, 1942 | Norfolk, Virginia | Male | N/A | Singer, actor, entertainer | American |
Table of Contents
- What is Wayne Newton’s Net Worth?
- Highlights
- Early Life
- Career
- Personal Life
- Net Worth Over Time
- Components of Net Worth
What is Wayne Newton’s Net Worth?
Wayne Newton is an American singer, actor, and entertainer who has a net worth of $50 million.
Highlights
- Known for his musical hits such as “Danke Schoen” and “Daddy Don’t You Walk So Fast”.
- Performed over 30,000 sold-out shows in Las Vegas.
- Filed for bankruptcy in 1992 but has since recovered financially.
Early Life
Wayne Newton was born Carson Wayne Newton on April 3, 1942, in Norfolk, Virginia. His parents were auto mechanic Patrick Newton and Evelyn Marie Smith. He learned to play the piano, guitar, and steel guitar at a young age and entered the entertainment industry during his childhood. His family moved to Newark, Ohio, where he began performing in clubs, fairs, and theaters with his older brother. Due to Newton’s severe asthma, the family later moved to Phoenix, Arizona. Newton left North High School before finishing his junior year.
Career
Wayne Newton made his debut in the entertainment industry in 1962 as a major actor on the Jackie Gleason Show. He also had a role on the classic western TV series “Bonanza”. In 1963, Newton signed with Capitol Records and released his first album titled “Danke Schoen”. The album reached No. 13 on the Billboard charts and his song “Danke Schoen” became his signature song.
Newton gained support from prominent entertainment icons like Lucille Ball, Bobby Darin, and Jack Benny. He was hired as an opening act for Jack Benny’s show and eventually received a headlining act at the Flamingo Hotel in Las Vegas. Throughout his career, Newton had numerous successful recordings, such as “Daddy, Don’t You Walk So Fast”, which sold over 1 million copies in 1972.
He has also performed at significant events like the 1983 Independence Day celebration at the Washington Mall. Newton’s career as a solo act in Las Vegas continued into the late ’80s and ’90s with numerous performances. In 1994, he achieved a milestone by performing his 25,000th solo show in Las Vegas.
Personal Life
Wayne Newton was first married to Elaine Okamura from 1968 to 1985, and they have one child together named Erin Newton. He later married lawyer Kathleen McCrone in 1994, and they have one daughter named Lauren Ashley Newton.
Net Worth Over Time
Wayne Newton experienced financial challenges in his career. He filed for Chapter 11 bankruptcy in 1992 to reorganize $20 million of debts, mainly resulting from his lawsuit against NBC for libel. However, he recovered financially by 1999. In 2005, the IRS filed a lawsuit against Newton for unpaid taxes and penalties totaling more than $1.8 million. Newton also faced financial issues in 2009 when he owed over $60,000 in unpaid parking fees for abandoning his private plane at Oakland County Airport in Michigan.
Components of Net Worth
Wayne Newton’s net worth primarily comes from his successful career as a singer, actor, and entertainer. His musical hits, sold-out shows in Las Vegas, and various recordings contributed to his wealth. Additionally, he has had endorsement deals and appearances on TV shows like “The Entertainer” and “Dancing with the Stars”. Despite facing financial challenges and filing for bankruptcy, Newton’s career resurgence and financial stability have helped him maintain a net worth of $50 million.
All net worth figures are sourced from public and private information, and while every effort is made to ensure accuracy, they are estimates. Corrections and feedback are welcome.
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