Rick Savage, best known as the bassist for the iconic rock band Def Leppard, began his musical journey in Sheffield, England, where he grew up surrounded by the vibrant sounds of 1970s rock. His passion for music led him to pick up the bass guitar, and by his late teens, he was already playing in local bands. In 1977, Savage co-founded Def Leppard alongside Pete Willis, Joe Elliott, and Tony Kenning, laying the groundwork for what would become one of the most successful rock acts of all time. The band’s early years were marked by relentless gigging and a DIY ethos, which eventually caught the attention of major record labels.

Savage’s fame skyrocketed as Def Leppard’s popularity grew, particularly with the release of their groundbreaking 1983 album *Pyromania* and the record-shattering *Hysteria* in 1987. His melodic bass lines and tight rhythm work became a signature part of the band’s sound, helping to define the glam metal and hard rock genres. Alongside his bandmates, Savage navigated both triumphs and tragedies, including the loss of drummer Rick Allen’s arm and the death of guitarist Steve Clark, solidifying his reputation as a resilient and dedicated musician. His contributions to Def Leppard’s success cemented his place in rock history.

Rick Savage’s Net Worth in 2025

As of 2025, Rick Savage’s estimated net worth is around $20 million. This figure reflects his earnings from decades as the bassist for Def Leppard, along with royalties, touring revenue, and other business ventures. His financial success is a testament to his longevity in the music industry and smart investments over the years.

Rick Savage’s Career

Rick Savage co-founded Def Leppard in 1977 and has been the band’s bassist ever since. Known for hits like “Pour Some Sugar on Me” and “Photograph,” he helped shape the sound of 80s rock. His songwriting contributions and steady presence have made him a key figure in the band’s enduring success, with over 100 million albums sold worldwide.

Rick Savage’s Other Ventures

Beyond Def Leppard, Savage has explored side projects, including producing and session work. He’s also invested in real estate and music-related businesses. While not as high-profile as his band career, these ventures have diversified his income and reinforced his financial stability.

Rick Savage’s Assets

Savage owns multiple properties, including a luxury home in England. He also has a collection of high-end instruments and memorabilia from his career. His assets reflect both his personal tastes and the rewards of a successful rock career spanning over four decades.

Rick Savage’s Annual Income

Savage earns an estimated $2 million annually, primarily from Def Leppard’s tours, album sales, and royalties. His income fluctuates with the band’s activity, but consistent touring and catalog streams ensure a steady flow. Endorsements and investments further supplement his earnings.

Frequently Asked Questions about  Rick Savage

What is Rick Savage’s net worth?

Rick Savage’s estimated net worth is around $20 million, primarily earned through his successful career as the bassist and co-founder of the rock band Def Leppard.

How did Rick Savage make his money?

Rick Savage accumulated his wealth through album sales, worldwide tours, merchandise, and royalties from Def Leppard’s music, which has sold over 100 million records globally.

Is Rick Savage the richest member of Def Leppard?

While Rick Savage is wealthy, other members like Joe Elliott and Phil Collen may have comparable or higher net worths due to additional ventures and songwriting credits.

Does Rick Savage have any other sources of income besides music?

Aside from music, Rick Savage has earned money from investments, occasional collaborations, and possibly real estate, though his primary income remains tied to Def Leppard.

What are some of Def Leppard’s biggest hits that contributed to Rick Savage’s wealth?

Def Leppard’s hits like “Pour Some Sugar on Me,” “Love Bites,” and “Photograph” have significantly boosted the band’s earnings and, consequently, Savage’s net worth.

Has Rick Savage faced any financial struggles?

There are no widely reported financial struggles for Rick Savage. Def Leppard’s consistent success has helped maintain his financial stability.

How much does Rick Savage earn per concert?

While exact figures aren’t public, top-tier bands like Def Leppard can earn between $500,000 to over $1 million per show, with Savage receiving a share.

Does Rick Savage own any luxury assets?

Rick Savage likely owns luxury assets such as high-end cars and properties, though he keeps his personal life private, so details are scarce.

What role did Rick Savage play in Def Leppard’s success?

As a founding member, bassist, and occasional songwriter, Rick Savage was instrumental in shaping Def Leppard’s sound and commercial success.

Is Rick Savage still active in the music industry?

Yes, Rick Savage continues to tour and record with Def Leppard, ensuring his ongoing income and relevance in the music industry.