Phil Joel Net Worth (Updated 2025).

Phil Joel, born Philip LaDue, got his start in the music industry in the early 1990s as a founding member of the popular Christian rock band, Newsboys. Hailing from Bellingham, Washington, Joel initially played bass and provided backing vocals for the group. His musical journey began in his teenage years, playing in local bands and honing his skills before joining Newsboys in 1992.

Joel’s career with Newsboys saw significant success, with the band releasing several platinum-selling albums and earning multiple Grammy nominations. He was a key member, contributing to hit songs like “God is Not a Secret” and “Breakfast,” and even took over lead vocals for a time. However, in 2006, Joel decided to leave Newsboys to pursue a solo career and focus on his family.

**Phil Joel’s Current Net Worth (2025)**

As of 2025, Phil Joel’s current net worth is estimated to be around $10 million, according to the latest available information. This figure reflects his successful career in the music industry and his entrepreneurial ventures.

**Career**

Phil Joel, born Philip LaRue, is a renowned American musician, singer, and songwriter. He is best known as the former bass guitarist and backing vocalist for the Christian rock band Newsboys. Joel was a member of the group from 1992 to 2006, contributing to numerous albums and hit singles. After leaving Newsboys, he pursued a solo career, releasing several albums and continuing to tour and perform.

**Other Ventures**

In addition to his music career, Phil Joel has ventured into other business endeavors. He co-founded the record label INO Records in 1999, which has signed and released albums for various artists. Joel also co-owns the music publishing company Word Music, further diversifying his income streams.

**Assets**

Phil Joel’s assets include a substantial music catalog, consisting of his solo work and contributions to Newsboys’ albums. He also owns properties, including a home in Nashville, Tennessee. His production company, Phil Joel Music, and his stake in INO Records and Word Music are also significant assets.

**Annual Income**

Phil Joel’s annual income is primarily derived from his music career, including touring, album sales, and streaming royalties. Additionally, his annual income benefits from his stake in INO Records and Word Music, as well as his production company. According to recent estimates, his annual income is around $1.5 million.

Frequently Asked Questions about  Phil Joel

Phil Joel Net Worth FAQs

1. What is Phil Joel’s net worth?

Phil Joel’s net worth is estimated to be around $5 million.

2. How old is Phil Joel?

Phil Joel was born on April 16, 1968, making him 54 years old as of 2022.

3. Where was Phil Joel born?

Phil Joel was born in Auckland, New Zealand.

4. What is Phil Joel’s height?

Phil Joel stands at 5 feet 10 inches (178 cm) tall.

5. Is Phil Joel married?

Yes, Phil Joel is married. He tied the knot with his wife, Heather, in 1995.

6. How many children does Phil Joel have?

Phil Joel and his wife have four children together.

7. What is Phil Joel’s background?

Phil Joel is a musician and singer-songwriter, best known as the former bassist and backing vocalist for the Christian rock band Newsboys.

8. When did Phil Joel leave Newsboys?

Phil Joel left Newsboys in 2006 to pursue a solo career and spend more time with his family.

9. What is Phil Joel’s latest album?

Phil Joel’s latest album, “Work of Art,” was released in 2021.

10. Does Phil Joel have any social media presence?

Yes, Phil Joel is active on social media. You can find him on Instagram (@philjoel) and Facebook (facebook.com/philjoelmusic).