Andrew Lloyd Webber is the biggest name in theatre. He is the king and a legend who creates dreams instead of just watching them as others do. He is a 75-year-old English composer who also organizes and finances plays, operas, and concerts of musical theatre and has been active for 58 years.
Jesus Christ Superstar, Evita, Starlight Express, Cats, School of Rock, and Sunset Boulevard are some of his notable pieces of work. He is a father of five and supported the Conservative political party in The House Of Lords for twenty years from 1997 to 2017.
Andrew got three Grammys, six Tonys, Seven Oliver Awards, a Knighthood (in 1992), a Brit Award, a Golden Globe, fourteen Ivor Novello Awards, an Emmy Award, the Kennedy Center Honors (In 2006), and an Oscar. He is one of the authors, songwriters, and composers in the British Academy and has a star on the Hollywood Walk of Fame. Phew!
Andrew comes from a family of musicians. The gifted composer started his career at 17 in 1965 and saw his first project failing. Today, you might not know his name, but you must have heard his music. He was a child prodigy at the beginning of his career. Later, he went with writing music compositions.
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Andrew Lloyd Webber’s Net Worth
Andrew’s net worth is $1.3 billion (£1 Billion and 1.5 Billion Euros) as of 2023, making him the richest theatre artist. The list of his hit compositions has no end. He earns more than $8 million per month and more than $100 per year. His net worth was $1.2 billion in 2022, $1.1 billion in 2021, $1.0 billion in 2020, $0.9 billion in 2019, and $0.8 billion in 2018.
Royalties earned by providing licenses of copyrighted music, films, and album sales are his sources of income.
Andrew was Britain’s 87th richest person according to Sunday Times Rich List 2006. His net worth was $870 million at that time. He descended to the 101st position in 2007 though his net worth increased to $932 million. He sold Pablo Picaso’s painting in 2010 for $43.14 million after retaining ownership grants from the old owner.
Andrew is a president of Arts Educational Schools in Chiswick, West London. He does charity for the foundations such as War Child, Nordoff Robins, Elton John AIDS Foundation, and Prostate Cancer UK. He raised funds through the Paddington Bear statue for NSPCC.
Andrew has no plans of gifting his properties and money to his five children as he does not believe in inherited money at all. He wants his children to work and earn instead of living on the money kept by their father. He will help them start their careers, but they will not end up administering his ‘Really Useful Group.’
Meanwhile, his children do not seem to bother their father, not leaving anything for them. Andrew got married three times and feels that his third wife will live longer than him. Thus, he wants her to donate most of his money. He thinks that he owes a debt and gives major credit to his fans in the UK, the US, and China for his success.
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Andrew Lloyd Webber’s Property Portfolio
Andrew has a luxurious life. He owns a more than 5,000 sq ft duplex in Manhattan’s Trump Tower that has a current market value of $18 million. However, he bought it in 1987 only for $5.5 million. He sold it in 2010 for $16.5 million. Before that, he tried to sell it in 2010 for $19 million, in 2007 for $22.5 million, and in 2000 for $15 million.
Andrew owns the Sydmonton Court, an English Country House in Hampshire. He lives there with his wife, Madeleine Gurdon, and it was a home for the Summer Festival too. He owns the BMW-3 Series Convertible, which costs $59,800, the Rage Rover, which costs $135,670, and Audi A7, which costs $88,900.
Andrew owns six West End Theatres as follows: The London Palladium, Gillian Lynne Theatre, Theatre Royal Drury Lane, Cambridge Theatre, His Majesty’s Theatre, and Adelphi Theatre. He started the Andrew Lloyd Webber Foundation in 1993 to nurture talent and encourage participation. According to Andrew, young people, and children must get empowered, and the returns on investment will be huge. It is one of the leading charities in the UK for music and arts.
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