Three-time Grammy Award-winning American rock guitarist, composer and producer, Steven Siro “Steve” Vai has an estimated net worth of $14 million.
The six-string wizard Steve Vai, along with his one-time teacher Joe Satriani, set the standard for rock guitar virtuosity in the ’80s. Born on June 6, 1960, and raised in Carle Place, New York, Vai was influenced by legendary artists as Jimi Hendrix, Led Zeppelin, and Alice Cooper as a teenager. Upon starting high school, he took lessons with an older player from the school, Joe Satriani.
Playing in several local bands, Vai quickly picked up on the instrument, and by the age of 18, he was attending the renowned Berklee School of Music in Boston. As a student there, Vai transcribed several of Frank Zappa’s most technically demanding compositions for guitar, and even sent a copy of one such transcription, “Black Page,” to Zappa himself. Zappa was so impressed with the young guitarist that upon meeting him, he invited Vai to join his band. Subsequently, Vai toured the world with Zappa (giving Vai the nicknames “Stunt Guitarist” and “Little Italian Virtuoso”).Vai also has a fantastic career as a solo artist and has his own record label called, Favored Nations.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2014 |
Sale of Asset |
Value of his Hollywood home and studio upon sale. |
$1,500,000 |
|
2008 |
Record Sales |
Estimated earnings from his video album Where the Wild Things Are (certified gold by RIAA) |
$50,000 |
|
2003 |
Record Sales |
Estimated earnings from his video album G3 Live: in Denver (certified platinum by RIAA) |
$100,000 |
|
2003 |
Record Sales |
Estimated earnings from his video album Live at the Astoria, London (certified 2x platinum by RIAA) |
$200,000 |
|
1998 |
Record Sales |
Estimated earnings from his album The Ultra Zone |
$41,395 |
|
1997 |
Record Sales |
Estimated earnings from his album Flex-Able Leftovers |
$14,913 |
|
1996 |
Record Sales |
Estimated earnings from his video album G3: Live in Concert (certified platinum by RIAA) |
$100,000 |
|
1995 |
Record Sales |
Estimated earnings from his album Fire Garden |
$88,432 |
|
1992 |
Record Sales |
Estimated earnings from his album Sex & Religion |
$182,069 |
|
1989 |
Record Sales |
Estimated earnings from his album Passion and Warfare (certified gold by RIAA) |
$1,050,000 |
|
1989 |
Record Sales |
Estimated record sales from the album, Passion and Warfare (500 thousand copies-US) |
$750,000 |
|
1986 |
Asset |
Market value of Vai’s 3,981-square-foot home and Mothership Studio located at Hollywood Hills |
$330,000 |
|
1983 |
Record Sales |
Estimated earnings from his album Flex-Able |
$61,206 |