Rick Savage Net Worth: How Rich is the Guitarist in 2024

Disclaimer: The net worth estimates and associated data that are displayed here come from a range of open sources online and offline. Due to the possibility of periodic changes in financial numbers and valuations. The net worth, assets and liabilties mentioned here should not be considered as facts.

Last Updated on March 16, 2024 by Benjamin Mulany

Rick Savage net worth is approximately $40 million as of 2024. He is a musician, guitarist, and songwriter from England.

As the bassist and founding member of the iconic English band Def Leppard, Savage has left an indelible mark on the music industry.

Besides his exceptional talent and contributions to Def Leppard’s success, Savage’s net worth has become a subject of interest for many.

So, learn about Rick Savage, the famous bass guitarist of Def Leppard, from growing up in Sheffield, England, to becoming a global rock star.

Quick Facts

Full NameRichard Savage
Net Worth$40 million
Date of BirthDecember 2, 1960
Place of BirthSheffield, Yorkshire, England
Age63 years old
InstrumentsBass guitar, vocals
GenresHard rock, heavy metal, glam metal
Years Active1976–present
Notable AffiliationFounding member and bass guitarist of the rock band Def Leppard
EducationTapton Secondary School in Sheffield
Last UpdatedMarch 2024

Rick’s story is about never giving up, finding success, and being smart with money. 

Here, we’ll learn about the difficulties Rick encountered in generating money and how his adaptability to the changing circumstances helped him become a legend in the music industry.

Early Life And Education

Rick Savage, a heavy metal bass guitarist was born in Sheffield, South Yorkshire, England on December 2, 1960.

His parents are Sally and Kenneth Savage. He spent most of his childhood in South Yorkshire, England, with his dad and siblings.

He has a strong relationship with his parents. When it comes to major decisions, he always seeks counsel from his parents.

They are always there for him when he is in difficult circumstances.

Savage attended Sheffield’s “Tapton Secondary School” for his early education.

At first, he got inspired by his big brother, who loves to play guitar. So, Savage learned guitar from his brother.

They used to perform “Maggie May” by Rod Stewart and “American Pie” by Don McLean as a young kid.

Rick Savage Career As A Guitarist

Rick Savage had a passion and devotion for music as well as soccer. He used to play professional soccer for “Sheffield United”.

As much as Savage loved playing soccer, he eventually chose music as his profession. 

In 1977, Rick founded the band “Atomic Mass” alongside Pete Willis and Tony Kenning, his schoolmates. The band was later renamed “Def Leppard”.

In their early days, they used to remake covers of famous songs from popular bands like “Jimi Hendrix”, “Slade”, “Deep Purple”, “Queen” and some others.

Rick and the band started with their first EP called “The Def Leppard E.P.”

launched in 1979. However, Rick got commercial success with the launch of their second studio album “On Through the Night”.

Their songs like “Love Bites”, “Pour Some Sugar on Me”, and “Hysteria” have reached the top 100 song rankings in different countries.

There was a situation when the band decided to replace Rick Savage with Pete Willis. So, Savage took the role of the bass guitarist and continued with the band.

In 2015, Rick alongside the band launched their eleventh and most recent studio album which is self-titled on the name of the band “Def Leppard”.

Rick Savage’s journey has not been without its share of obstacles.

He faced a setback when he experienced Bell’s palsy, a condition characterized by facial paralysis.

However, Savage’s determination and resilience were evident as he made an impressive recovery and continued to attract audiences with his performances alongside Def Leppard.

Other Sources of Income

Savage has done solo projects over the years, which helped him earn more money. 

Selling Def Leppard merchandise like t-shirts and posters also made him richer.

He’s also bought houses in the UK and the US, which made his net worth much higher.

Beyond his musical pursuits, Rick Savage has made significant investments.

He sold his lavish Wicklow house for approximately $2 million, a property adorned with luxurious amenities such as a bar and a tennis court.

This strategic move further solidified his financial standing.

Rick Savage Personal Life: Wife And Kids

During his years of school, Savage was dating a stylist named Julianna Roberts for a short period.

In 1993, Savage married Dara Corcoran. The couple had a sound marriage till 2004 and eventually divorced.

Later on, Rick tied the knot with Paige Hannon

 In 2013 the couple along with their three kids relocated to Enniskerry, Ireland.

Moreover, they returned to Sheffield in 2016 and have been living a prosperous life since then.

Lessons We Learned from Rick Savage

Rick Savage’s journey in the entertainment industry offers valuable lessons that can inspire and guide us:


Rick Savage’s triumph over Bell’s palsy serves as a testament to the power of perseverance. He refused to let adversity define him and emerged stronger than ever, reminding us that setbacks are merely stepping stones on the path to success.


While known primarily as a musician, Savage’s decision to invest in real estate showcases the importance of diversifying one’s income streams. This astute approach allows for financial stability and opens up new avenues for wealth creation.

Passion and Dedication

Rick Savage’s unwavering passion for music and dedication to his craft are qualities worth emulating. His relentless pursuit of excellence, along with countless hours of practice, propelled him to the top of the rock music scene.


As a musician, Savage has witnessed the ever-evolving landscape of the music industry. His ability to adapt to changing times, embrace new technologies, and maintain relevance over the decades is an invaluable lesson for aspiring artists and entrepreneurs alike.


Def Leppard’s success is a testament to the power of collaboration. Rick Savage’s ability to harmonize with his bandmates and collectively create music that resonates with millions is a reminder that success often stems from teamwork and shared vision.

FAQs About Rick Savage

1. Why is Rick Savage’s band name “Def Leppard”?

Elliott suggested the name “Deaf Leopard” while creating band posters in art class. Kenning suggested a slight change in spelling to make it sound less like a punk band.

2. How many records have Def Leppard sold?

Def Leppard, one of the top-selling music artists globally, has sold over 100 million records worldwide. They achieved RIAA diamond certification for two albums, Pyromania and Hysteria. This feat places them among just five rock bands with two original studio albums selling over 10 million copies in the US.

3. Has Rick Savage faced any health challenges?

Yes, Rick Savage experienced Bell’s palsy, a form of facial paralysis. But with hard work and determination, he nearly fully recovered and kept on with his musical career.

4. What is Rick Savage’s net worth as of 2024?

As of 2024, Rick Savage’s net worth is estimated to be approximately $40 million.

5. How did Rick Savage amass his wealth?

Music royalties are the main source of revenue for Rick Savage. His net worth is largely derived from his popular work with Def Leppard, successful albums, and brand partnerships.

6. Is Rick Savage still active in the music industry?

Indeed, Rick Savage is still an influential and active player in the music industry. He gives live performances, interacts with his audience, and releases fresh music regularly.

Rick Savage Net Worth: Conclusion

In conclusion, Rick Savage’s life shows us that never giving up, loving what you do, and being smart with money can lead to big success.

Rick Savage’s journey from humble beginnings to becoming a rock icon is an inspiration to us all.

With an estimated net worth of multi-millions, his success extends far beyond the realm of music.

His story teaches us about facing problems, making money in different ways, and working together.

As of 2024, Rick Savage’s net worth is estimated to be $40 million. Remembering Rick’s life, we learn about being strong, sticking to our dreams, and changing with the times to reach our goals.

Disclaimer: The net worth estimates and associated data that are displayed here come from a range of open sources online and offline. Due to the possibility of periodic changes in financial numbers and valuations. The net worth, assets and liabilties mentioned here should not be considered as facts.

Did You Found A Mistake

Help us fix it by suggesting a correction!

Leave a Reply

Your email address will not be published. Required fields are marked *