Paul Tollett Net Worth (Updated 2026).

Paul Tollett, often referred to as “P.T.,” began his career in the music industry as a humble concert promoter in the late 1980s. He started by organizing small, local shows in his hometown of Indio, California, using his personal savings and a passion for bringing people together through music. His first major breakthrough came in 1993 when he co-founded the Coachella Valley Music and Arts Festival, initially a one-day event that featured a diverse lineup of artists. This marked the beginning of Tollett’s rise to prominence in the industry.

As Coachella grew in popularity and scope, Tollett’s reputation as a visionary promoter began to spread. In 2001, he took over full control of the festival, transforming it into a two-day event, and later into a three-day festival in 2007. Tollett’s commitment to curating unique and diverse lineups, combined with his ability to create a memorable experience for attendees, has made Coachella one of the most highly anticipated music festivals in the world. His success has not only solidified his fame in the music industry but also cemented his status as a cultural tastemaker.

Paul Tollett’s Current Net Worth (2025)

As of 2025, Paul Tollett’s current net worth is estimated to be around $250 million, according to the latest available information. This significant wealth can be primarily attributed to his successful career in the music festival industry.

Career

Paul Tollett, born in 1973, is an American entrepreneur best known for co-founding and serving as the CEO of Goldenvoice, the company behind the iconic Coachella Valley Music and Arts Festival. He started his career in the music industry in the late 1990s, working as a concert promoter before establishing Goldenvoice in 2001. Under his leadership, Coachella has grown into one of the most profitable and influential music festivals in the world.

Other Ventures

Beyond Coachella, Tollett has expanded Goldenvoice’s portfolio to include other prominent music festivals such as Stagecoach, a country music festival held in the same location as Coachella. Additionally, he has ventured into the restaurant business, opening the popular restaurant ‘The Purple Palm’ at the Arrive Hotel in Palm Springs.

Assets

Tollett’s assets include a significant stake in Goldenvoice, which is valued at over $1 billion. He also owns several properties, including a home in Los Angeles and a vacation home in Palm Springs. His extensive music festival portfolio and strategic investments in the entertainment industry contribute to his overall net worth.

Annual Income

While the exact figure for Tollett’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily derived from the success of Coachella and other Goldenvoice events. His income also includes earnings from his other ventures, such as the restaurant business and strategic investments.

Frequently Asked Questions about  Paul Tollett

Frequently Asked Questions: Paul Tollett Net Worth

1. What is Paul Tollett’s net worth?

Paul Tollett’s net worth is estimated to be around $100 million.

2. How did Paul Tollett make his money?

Paul Tollett made his fortune as the founder and CEO of Goldenvoice, the company behind the Coachella Valley Music and Arts Festival and the Stagecoach Festival.

3. When was Coachella first held?

The first Coachella festival was held in 1999.

4. How has Coachella grown over the years?

Coachella has grown significantly over the years, expanding from a one-day event with around 30,000 attendees in 1999 to a two-weekend festival with over 200,000 attendees per weekend in recent years.

5. Who are some of the biggest acts to perform at Coachella?

Some of the biggest acts to perform at Coachella include Beyoncé, Prince, Daft Punk, Radiohead, and Kanye West.

6. How much does it cost to attend Coachella?

The cost of attending Coachella varies depending on the type of pass and when it is purchased. As of 2021, general admission passes start at around $429, while VIP passes start at around $999.

7. What other festivals does Goldenvoice produce?

In addition to Coachella and Stagecoach, Goldenvoice produces several other festivals, including the Firefly Music Festival, the Governors Ball Music Festival, and the Panorama Music Festival.

8. Has Paul Tollett won any awards for his work?

Yes, Paul Tollett has been recognized for his work in the music industry. He was inducted into the Billboard Hall of Fame in 2016 and has won several Billboard Touring Awards.

9. What is Paul Tollett’s background?

Paul Tollett grew up in Indio, California, and graduated from California State University, Northridge with a degree in communications. He got his start in the music industry working for a local radio station and later founded Goldenvoice in 1986.

10. What is Paul Tollett’s age?

Paul Tollett was born on October 16, 1963, making him 58 years old as of 2021.