Rick Savage Net Worth: How Rich is the Guitarist in 2023

Last Updated on June 22, 2023 by Benjamin Mulany

Rick Savage net worth is approximately $40 million as of 2023. He is a musician, guitarist, and songwriter from England. As the co-founder of a British heavy metal band “Def Leppard”, Rick performed in many iconic songs including “Hysteria”, “Pour Some Sugar on Me.”, and, “Love Bites”.

In the realm of rock music, few names hold as much significance as Rick Savage. 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.

In this blog, we will delve into early life, career milestones, personal life, and the valuable lessons we can learn from Rick Savage’s journey. So, let’s dive in!

Full NameRichard Savage a.k.a Sav
Net Worth$40 million
Birth Date2 December 1960 (age 62)
Birth PlaceSheffield, West Riding of Yorkshire, England
ProfessionMusician, Bass Guitarist
WifePaige Savage
Rick Savage Bio

Early Life

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 Net Worth And Career

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 off 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 shone through as he made a remarkable recovery and continued to rock the stage with Def Leppard.

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.

Personal Life

During his years of school, Savage was dating a stylist named Julianna Roberts for a short period of time. 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 3 kids relocated to Enniskerry, Ireland. Moreover, they returned to Sheffield in 2016 and 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.

Rick Savage Net Worth: FAQs

1. What is Rick Savage’s estimated net worth?

As of 2023, Rick Savage’s estimated net worth stands at an impressive $40 million. This figure is a result of his successful career with Def Leppard, strategic investments, and upcoming album releases.

2. Has Rick Savage faced any health challenges?

Yes, Rick Savage experienced Bell’s palsy, a form of facial paralysis. However, through perseverance and determination, he made a near-full recovery and continued his musical journey.

3. How has Rick Savage diversified his income?

Apart from his music career, Rick Savage invested in real estate. He sold a luxurious house in Wicklow for approximately $2 million, showcasing his foresight in diversifying his income streams.

Rick Savage Net Worth

Being a famous guitarist, Rick Savage net worth is more than $40 million in 2023. Most of his fortune is made from his career as a musician. Rick also gets money from sponsorship and brand endorsements. His major sponsors are guitar companies including “Jackson”, “Hamer”, and “Gibson”.

Rick Savage’s journey from humble beginnings to becoming a rock icon is an inspiration to us all. With an estimated net worth of multimillions, his success extends far beyond the realm of music.

By embodying perseverance, diversification, and collaboration, Savage has left an indelible mark on the music industry. As we continue to celebrate his contributions, let’s learn from his valuable lessons and strive for greatness in our own endeavors.

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