What is Wayne Newton’s Net Worth?
|Net Worth:||$50 Million|
|Age:||80 Years Old|
|Born:||3 April 1942|
|Salary:||$8 Million (Annual)|
Wayne Newton is an American singer and popular entertainer who has a net worth of $50 million. Wayne is recognized as The Midnight Idol, Mr. Las Vegas, and Mr. Entertainment in Las Vegas. As of 2022, Newton has an estimated income of $5 million per year.
Wayne Newton Net Worth Growth
|Net Worth in 2022||$60 Million|
|Net Worth in 2021||$48 Million|
|Net Worth in 2020||$43 Million|
|Net Worth in 2019||$37 Million|
|Net Worth in 2018||$33 Million|
|Net Worth in 2017||$30 Million|
Carson Wayne Newton was born in Norfolk, Virginia, on April 3, 1942, to Patrick Newton, an auto mechanic, and Evelyn Marie Newton. Newton spent most of his early childhood in Roanoke, practicing the piano, guitar, and steel guitar at the age of six, while his father was serving in the US Navy during WWII.
His family went to Newark, Ohio when he was a child, and he started to sing with his older brother, Jerry, in local clubs, theatres, and fairs. Newton’s family relocated to Phoenix in 1952 due to his chronic asthma, and he dropped out of North High School soon before the end of his junior year.
Newton and his brother created the Rascals in Rhythm and toured with the Grand Ole Opry roadshows and on ABC-Ozark TV’s Jubilee; they also performed in front of President Dwight D. Eisenhower and auditioned for Ted Mack’s Original Amateur Hour, but were unsuccessful.
A Las Vegas booking agent noticed Newton performing on a local TV show towards the completion of his junior year of high school in 1958 and invited him back for an audition.
The brothers were signed for 2 weeks but ended up performing for 5 years, averaging six gigs per day. The Jackie Gleason Show hosted their debut performance in 1962.
Newton had agreed to sign with Capitol Records by 1963, and his first album, “Danke Schoen,” peaked at number 13 on the Billboard Hot 100.
At the 1983 Independence Day celebration on the Washington Mall, he took the place of The Beach Boys and The Grass Roots. Newton was a friend and supporter of President Ronald Reagan, as well as a Republican Party contributor.
With “The Letter” Newton topped the Cashbox Pop and Country charts in 1992. Newton was a solo performer in Las Vegas in the late 1980s and early 1990s. He had his 25,000th solo gig in Las Vegas in 1994.
He signed a ten-year contract with the Stardust Resort and Casino on the Las Vegas strip in 1999. The casino was demolished in 2005, and the agreement was amicably canceled. Shortly afterward, he began a 30-show run at the Hilton.
Newton launched “The Entertainer” a reality competition show on the E! Entertainment network, in 2005. He was a contestant on “Dancing With the Stars” in the 2007 fall season.
Newton’s show “Once Before I Go” debuted at the Tropicana hotel and casino in Las Vegas in 2009. He took a five-year break to devote more time to family and to develop his voice for a future residency in Las Vegas.
Newton had a spectacular comeback to the stage in 2016 at Bally’s Hotel with “Up Close & Personal,” a lounge act that combined singing and playing some of his 13 self-taught instruments.
In Vegas, the “Entertainment Capital of the World” he has appeared over 30,000 times live. Newton featured in TV commercials in North America during the COVID-19 epidemic in 2020, encouraging Caesars Entertainment to reopen their venues.
|Favorite Actor||Denzel Washington|
|Favorite Actress||Angelina Jolie|
|Favorite Song||Not Know|
|Favorite Sportsman||Aaron Donald|
|Favorite Movie||Don’t Know|
|Favorite Footballer||Lionel Andrés Messi|
|Favorite TV Show||Friends|
|Net Worth||$50 Million|
|Date Of Birth||3 April 1942|
|Income||$5 Million (Annual)|
Newton wedded Elaine Okamura in 1968. They divorced in 1985 and have one kid, Erin Newton. Newton wedded Kathleen McCrone, an attorney from North Olmsted, Ohio, in 1994. Lauren Ashley Newton is the couple’s only child.
Newton once mentioned that music and horses were his two greatest loves. He got his first horse as a sixth-grader when he traded his bicycle and his parents’ camera for a foal. His ownership of the Champion stallion Aramus, after whom he titled his horse ranch, led him to “fall in love” with the Arabian breed.
In 2007, he received the Arabian Horse Breeders’ Association Lifetime Achievement Award, and in 1996, he was named Breeder of the Year by the Arabian Professional and Amateur Horseman’s Association.
Wayne featured in the production “You Can’t Say Love Enough” (1996), an all-star hit that included Dolly Parton, Heidi Newfield, and other celebrities. This production raised money for diabetes research and established the Wayne Newton Research Grant, which was given to numerous researchers by the American Diabetes Association.
Financial and Legal Issues
Newton was a co-owner of the Aladdin Hotel from 1980 to 1982, a relationship that resulted in several litigations and an unsuccessful attempt by Newton to acquire the complete hotel in 1983.
In 1985, Newton bought a 213-acre plot of land in Zephyr Cove, Nevada. He tried to get approval to turn the land into a subdivision. The Tahoe Regional Planning Agency rejected his subdivision plans and filed a lawsuit against him.
Newton filed for Chapter 11 bankruptcy in 1992 to reorganize $20 million in obligations. A $341,000 IRS tax levy was included in his bankruptcy filing. He has regained financial stability by 1999.
Newton and his wife were sued by the IRS in 2005, alleging that they owed over $1.8 million in taxes and penalties. Newton was accused of owing an airport $60,000 in unpaid parking fees in 2009.
Newton was accused of owing $36,999 to GMAC for a Cadillac lease. The lawsuit was eventually dismissed. Bruton Smith filed a lawsuit against Newton, alleging that he was in default on a debt that he had personally guaranteed. Smith foreclosed on Newton’s property in Las Vegas, Casa de Shenandoah.
Wayne Newton’s property denied admission to sheriff’s deputies and a fleet of moving vehicles. As part of a $501,388 judgment against Newton, the officers tried to serve civil papers and seize property.
Newton’s security personnel declined to take the papers. Ward, who sued in 2006, secured a judgment for past-due pay, with the value of the verdict growing by $126.86 per day, according to reports.
Newton was sued for $19.5 million by a developer over a blocked project to turn his house into a museum. The developer was alleged to have put $50 million into the project, but Newton refused to leave and obstructed efforts to get him to do so.
As of 2022, Wayne Newton’s net worth is estimated at around $50 million with an annual income of $5 million. Newton’s fortune stems from his work as an entertainer along with his well-known songs as a vocalist. In 1992, he declared bankruptcy, and in 2010, he declared bankruptcy afresh, however, he has since regained his finances.