How Rich Was George Michael When He Died? The Shocking Truth Revealed.
George Michael, known for his soaring vocals and timeless hits, became an icon through his solo work and as one-half of the duo Wham! His collaborations with Aretha Franklin and Elton John elevated him further into international superstardom. But how much was the singer worth when he passed away, and what has become of his fortune since? Let's take a look.
Early Life
George Michael was born Georgios Kyriacos Panayiotou on June 25, 1963, in East Finchley, London. His father was a Greek Cypriot restaurateur, and his mother was an English dancer. Raised in the suburb of Radlett, Michael developed an early love for music and formed his first band with friend Andrew Ridgeley while still in school.
Career Journey
Michael’s initial rise to fame came with Wham!, which launched hits like "Wake Me Up Before You Go-Go" and "Careless Whisper." Their pop-friendly sound made them global stars in the 1980s. After splitting from Ridgeley, George Michael launched his solo career with the critically acclaimed album Faith (1987), which sold over 25 million copies worldwide.
He continued releasing platinum albums including Listen Without Prejudice Vol. 1 and Older. His duets with Aretha Franklin ("I Knew You Were Waiting for Me") and Elton John ("Don't Let the Sun Go Down on Me") became chart-topping anthems. His career spanned over three decades with more than 120 million records sold globally.
Achievements & Awards
George Michael won multiple awards, including:
- 2 Grammy Awards
- 3 Brit Awards
- 4 MTV Video Music Awards
- American Music Awards and Ivor Novello Awards
In 2004, the Radio Academy named him the most played artist on British radio from 1984 to 2004. His influence is still recognized in tributes and retrospectives across music media.
Endorsement/Sponsorship Deals and Royalties Revenue
Unlike many celebrities, George Michael avoided heavy commercial endorsements. He preferred artistic control and often declined sponsorships.
However, his music catalog continued to generate substantial revenue. After his death, royalties from streaming, radio play, and physical album sales have been estimated to bring in $8–10 million annually (Forbes, 2022).
Licensing agreements for his music in films and commercials also contribute to his estate’s income. "Last Christmas," for example, resurfaces each year and brings in estimated royalties of $500,000–$1 million annually.
Personal Life
Feuds and Tragedies
Michael was open about his struggles, including depression, substance use, and the loss of his partner Anselmo Feleppa, who died of an AIDS-related illness in 1993. This event deeply impacted his life and music.
He also had well-publicized tensions with Sony Music in the 1990s, leading to a long legal battle over contractual freedom.
Other Interesting Facts
George Michael was intensely private yet quietly generous. He donated millions anonymously to causes including HIV/AIDS prevention, children's hospitals, and homelessness support.
Legal Controversies
Michael was involved in several legal incidents, including arrests for public lewdness and drug possession. He faced fines and brief stints in rehabilitation but always maintained his artistic integrity and public support.
Real Estate Portfolio
At the time of his death, Michael owned several high-value properties:
- Highgate, London mansion: Estimated value of $12 million
- Goring-on-Thames cottage: Valued at $3 million
- Hollywood Hills home (sold in 2015): Estimated at $6 million
His estate’s total property portfolio is now estimated at $20–25 million.
How Rich Was George Michael When He Died?
George Michael’s net worth at the time of his death in December 2016 was estimated at $120 million, according to Forbes and UK probate filings. This included royalties, property, and liquid assets.
How Did We Calculate His Net Worth?
- Real estate assets: $20–25 million
- Royalties and licensing: $80 million (lifetime and posthumous)
- Art, cars, and valuables: $10 million
- Savings and investments: $5 million
These estimates are based on Forbes, BBC financial reports, and UK court records.
PAA's (People Also Ask)
How Much Did George Michael Earn a Year?
During his career peak from 1987–1996, Michael earned $15–20 million per year, mainly from album sales, world tours, and licensing.
How Much Did George Michael Make Per Concert?
By the mid-1990s, George Michael was earning around $500,000–$750,000 per show, according to Pollstar archives. His 25 Live Tour grossed over $200 million globally.
How Much Is George Michael's Estate Worth Today?
As of 2025, George Michael’s estate is estimated at $180 million, due to ongoing royalty earnings, property appreciation, and rights licensing.
Who Inherited George Michael's Fortune?
According to his will, George Michael’s fortune was primarily left to his sisters, Melanie and Yioda, along with smaller bequests to his father and friends. His long-time partner Fadi Fawaz was not included in the inheritance.
What Are George Michael's Top 5 Biggest Songs?
- Faith
- Careless Whisper
- Wake Me Up Before You Go-Go (Wham!)
- Freedom! '90
- Last Christmas (Wham!)
Each of these tracks sold millions and continues to generate global airplay and streaming income.
Conclusion
George Michael’s legacy extends far beyond his voice. His catalog remains one of the most valuable in pop history. From collaborating with Aretha Franklin and Elton John to inspiring the likes of Sam Smith and Adele, he left a lasting imprint on the music world. With a posthumous estate still thriving, George Michael’s financial and cultural influence is far from fading, and we sure are glad about that.
