How much is Toby Keith worth?
Toby Keith has a net worth of $365 million. He is an American country singer, songwriter, actor, and record producer. Toby Keith has been one of the most successful country performers in recent decades. He’s also a well-known businessman.
|Net Worth:||$365 Million|
|Date of Birth:||Jul 8, 1961 (60 years old)|
|Height:||6 ft 2 in (1.905 m)|
|Profession:||Singer, Singer-songwriter, Musician, Actor, Record Producer, Lyricist, Composer, Artist, Songwriter, Guitarist|
|Nationality:||United States of America|
Keith’s initial record contract was for $20,000, and his self-titled debut album was published in 1993. Between March and December of 1993, he gave 150 gigs. Every night, he made $5,000-$10,000. Venues increased his price to $20,000 per concert when the album’s second hit started garnering radio attention in the midst of the tour.
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Toby Keith Early Life Details
Toby Keith Covel was born in Clinton, Oklahoma, on July 8, 1961. Carolyn and Hubert Covel have three children: one girl and two boys. In the summers, he even went to see his grandma. In Fort Smith, Arkansas, she ran a supper club. Toby was enthralled by the artists performing in the supper club. He bought his first guitar when he was eight years old, worked various jobs around his grandmother’s club, and finally joined the house band on stage.
Toby grew up in Moore, Oklahoma, and Fort Smith, Arkansas, with his brothers. On the Moore High School football team, he was a defensive end. He worked as a derrick in the oil fields after graduating from high school. He worked his way up to operations manager over time.
Toby started the Easy Mony Band with a group of pals when he was 20 years old. Toby continued to work in the oil fields while the band performed at local taverns. When the oil sector hit hard difficulties in 1982, he was laid off. Toby subsequently went on to play defensive end with the Oklahoma City Drillers, a semi-pro football team. After a few years of regional success, Easy Money began performing at honky-tonks in Texas and Oklahoma.
In the early 1990s, Toby moved to Nashville and busked on the city’s famed Music Row. He distributed copies of his demo tape to the city’s several record labels. His demo drew no attention, so he returned to Oklahoma. He’d promised himself that by the time he was 30, he’d have a recording deal or he’d find another way to make a living. Then, by chance, a flight attendant who was a fan of the Easy Money Band delivered his demo tape to a Mercury Records executive on a trip she was working. Toby’s voice was so appealing to the executive that he signed him to a recording deal.
Toby’s debut single, “Should’ve Been a Cowboy,” reached the top of the country music charts in 1993. The song also charted in the top 100 in pop music. “Should’ve Been a Cowboy” got over three million radio airplay by the end of the 1990s. Yes, even more than Billy Ray Cyrus’ “Achy Breaky Heart,” it was the most-played country song of the 1990s.
Before departing Mercury Records in 1998, Keith recorded his first four studio albums for various divisions of Mercury Records: “Toby Keith,” “Boomtown,” “Blue Moon,” and “Dream Walkin’.” All of these albums yielded several top ten hits. Keith signed with DreamWorks Records Nashville in 1998, and in late 1999, he launched his breakout hit “How Do You Like Me Now?!” This song, from his 1999 album of the same name, was the number one country single of 2000, and one of the numerous chart-topping hits during his time on DreamWorks Nashville. “Pull My Chain,” “Unleashed,” and “Shock’n Y’all,” his next three albums, each earned three additional number ones and were all certified four times Platinum.
From 1993 until 2000, Toby published a new album every year. Each album sold at least 500,000 copies, with the majority selling for more. Toby secured the right to buy back the record from the company for $93,000 after his label rejected a handful of tracks from his 1999 album “How Do You Like Me Now.” He then sold the rights for $200,000 to DreamWorks Animation. 3.1 million copies of “How Do You Like Me Now” were sold.
Keith has 19 studio albums, two Christmas albums, and five compilation albums under his belt, with over 40 million records sold worldwide. “Unleashed,” his 2002 album, sold 3 million copies and featured a smash duet with Willie Nelson called “Beer for My Horses.”
Toby paid $400,000 for a ten percent share in Big Machine in 2004. That bet may have seemed risky at the time, but it paid off handsomely. Tim McGraw, Rascal Flatts, and Taylor Swift were all signed by Big Machine. Toby Keith gets compensated every time one of Big Machine’s artists gets paid.
Toby was approached by a Las Vegas casino tycoon called Don Marrandino with an offer shortly after establishing his record companies. Marrandino planned to open an “I Love This Bar and Grill” within his casino, themed after Toby Keith. It was one of the top 50 grossing restaurants in the United States at the end of 2004.
For the most part, this would suffice. Toby Keith, on the other hand, is not one of them. Toby thought it was time to go into the liquor industry after hearing that his buddy Sammy Hagar sold his Cabo Wabo tequila brand for $80 million in 2007. He thought of launching a Bourbon or vodka company. Bourbon proved difficult to mass-produce, and the vodka market appeared to be saturated. As a result, he chose Mezcal. Toby discovered a distributor and began sampling mezcal producers maintained by families. In March 2011, “Wild Shot” mezcal was released. Wild Shot was the number one premium mezcal in the United States by the conclusion of the year. Toby’s empire’s booze division was the final piece in a building puzzle. He has a fortune of between $60 and $100 million every year.
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Keith married Tricia Lucus on March 24, 1984. Shelley (born in 1980, adopted by Keith in 1984), Krystal (born in 1985), and son Steven are the couple’s three children (born in 1997). Through his daughter Shelley, he has two grandchildren and one grandson.
Keith’s father was killed in an automobile accident on March 24, 2001. The incident, paired with the events of September 11, 2001, spurred Keith to compose the divisive “Courtesy of the Red, White, and Blue (The Angry American),” which was a great hit, especially among military members but caused a schism between Keith and Dixie Chicks vocalist Natalie Maines.
Keith recorded a PSA for Little Kids Rock, a nationwide foundation that strives to revive and rejuvenate music instruction in poor public schools across the United States. Keith is a supporter of Ally’s House, an Oklahoma-based non-profit that helps children with cancer.
Toby Keith’s Touching Instagram Message Regarding His Cancer Diagnosis
Toby Keith, a country music legend, revealed this week that he has been undergoing treatment for stomach cancer for the past six months. With a poignant statement on Instagram, the 60-year-old shared the news with his admirers.
“Last fall I was diagnosed with stomach cancer. I’ve spent the last 6 months receiving chemo, radiation, and surgery. So far, so good. I need time to breathe, recover and relax. I am looking forward to spending this time with my family. But I will see the fans sooner than later. I can’t wait. -T”