Toby Keith’s net worth in 2024 has become a great topic of interest amongst fans. This is due to his fame and the impact he created in the music industry. Following Keith’s passing earlier this year after a battle with stomach cancer, many are curious to just how much wealth the musician accumulated throughout his life.
So, here are all the details about Toby Keith’s net worth in 2024.
What is Toby Keith’s net worth in 2024?
Toby Keith had an estimated net worth of $400 million in 2024, at the time of death.
Keith’s net worth in 2024 consisted of earnings from his music career, his restaurant business, his liquor business, and his clothing line. The earnings also came from a brief dabbling in a film career.
Toby Keith was most famous for singles like “Should’ve Been a Cowboy, “How Do You Like Me Now?” and “As Good as I Once Was.” His music gained notable fame for its patriotic essence and its reflection of his love for America. Just days before his demise, Keith was inducted into the Country Music Hall of Fame 2024.
What did Toby Keith do for a living?
Toby Keith was a country singer and songwriter. However, he also worked as an entrepreneur and dabbled briefly in acting.
Keith’s 19th and final studio album Peso in My Pocket was released in 2021, while his last single was released in 2023. It was a re-release of Don’t Let the Old Man In, which originally dropped in 2018.
Toby Keith’s earnings explained — how did he make money?
Toby Keith earned money from his music career. However, he also earned money from his restaurant business, a liquor business, and a clothing line, as well as an acting career.
Music career
Toby Keith released and sold multiple music albums and singles during his lifetime, getting much of his wealth from this field. Notable projects include the albums Toby Keith, Boomtown, Blue Moon, and Dream Walkin’. It also includes singles like “Should’ve Been a Cowboy,” “How Do You Like Me Now?,” “Love Me If You Can,” and “Drunk Americans.” Moreover, the presence of his music on streaming apps like Spotify has only contributed to his wealth.
Restaruant business
Toby Keith also had a restaurant chain called I Love This Bar and Grill inspired by his song “I Love This Bar” and founded by Boomtown Entertainment. This was after meeting a casino owner Don Marrandino, who propositioned having a restaurant themed after the singer to be put inside his casino. There were more than two dozen restaurants than ran successfully under the franchise. However, following Keith’s demise, only two remain open as of writing.
Liquor business
Toby Keith was inspired to start a liquor business after his friend Sammy Hagar sold his Cabo Wabo tequila company for $80 million. Keith initially opted for vodka or Bourbon brand but eventually settled on Mezcal. He launched his brand “Wild Shot” in 2011 and by the end of the year, it became one of the best premium alcohol brands in the United States. Through this venture he earned between $60-$100 million on a yearly basis.
Clothing line
In 2009, Toby Keith launched his clothing line TK Steelman. This line was inspired by country, rocker, and biker fashion styles. It mainly comprised of shirts, T-shirts, polos, sweatshirts, jeans, cowboy hats, baseball caps, belts, and leather wrist wraps. This venture contributed significantly to Keith’s wealth.
Acting career
Toby Keith had also briefly dabbled in an acting career. He appeared in two films, Broken Bridges and Beer For My Horses.
