Sam Roy Hagar, a popularly known American singer-songwriter-guitarist known as the Red Rocker, was born on October 13, 1947. He first rose to fame with the hard rock band Montrose in the early 1970s, and later enjoyed success as a solo artist, including a smash with “I Can’t Drive 55” in 1984.
He achieved commercial success after replacing David Lee Roth as Van Halen’s second lead vocalist in 1985. He did, however, leave the group in 1996. He re-joined the bar in 2003 and remained there until 2005.
Sammy Hagar Net Worth: How Did the American Singer Amass His Fortune?
Sammy Hagar, an American rock musician and entrepreneur, is worth $150 million. The main reason Sammy Hagar, a.k.a. “The Red Rocker,” is so well-known is because he was a bandmate of Van Halen. After David Lee Roth departed the band in 1985, he took over as the band’s well-known main singer.
He worked with Van Halen from 1985 to 1996 and then again from 2003 to 2005. The tequila company Santo Tequila is partly owned by Sammy Hagar and Guy Fieri. Sammy used to own the Cabo Wabo tequila company and now owns Beach Bar Rum, a rum company. Sammy made $95 million through the sale of Cabo Wabo twice, in 2007 and 2009.
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Fortune Of Cabo Wabo
Sammy earned his yearly salary in the music industry, but Van Halen isn’t the main driver of his current wealth. After purchasing a club in Cabo San Lucas, Mexico, in the 1980s, Sammy began distributing his tequila under the moniker “Cabo Wabo” in the late 1990s.
Over time, both his bar and tequila became quite well known, not only among locals but also among foreign distributors. In 2007, Sammy sold Gruppo Campari 80% of the Cabo Wabo Tequila Company for the sum of $80 million.
In 2009, he sold the remaining 20% for an additional $15 million. The majority of the company was controlled by Hagar, who individually made close to $95 million from the deals.
Sammy Hagar’s First Big Break With the Band Montrose
In order to fill the vacuum left by David Lee Roth’s departure from Van Halen, Eddie Van Halen got in touch with Hagar in July 1985. Van Halen’s frontman Sammy Hagar put out four multi-platinum, number-one albums: “5150,” “OU812,” “For Unlawful Carnal Knowledge,” and “Balance.”
During the Hagar era, Van Halen also created nine rock chart-topping songs. Around this time, fans frequently dialed the band Van Hagar. Hagar left Van Halen in the summer of 1996 as a result of conflict within the band.
Sam Hagar talking about Eddie being the best Rock N Roll Guitar player across the world in the below tweet.
Van Hagar Era Begins ‘85
“Eddie Is The Best Rock N Roll Guitar Player In The World” – Sammy Hagar
Van Halen #VH pic.twitter.com/iak097AcCJ
— Just Rock Content (@JustRockContent) May 6, 2023
Hagar co-founded Los Tres Gusanos, popularly known as The Three Worms, with drummer David Lauser and bassist Michael Anthony from Van Halen at the start of the 1990s.
The band played original music by Hagar, Van Halen, and cover songs both at Cabo Wabo, Hagar’s nightclub in Cabo San Lucas, and at various locations in San Francisco.
Hagar re-joined Van Halen in the latter part of 2003. The following year, the group embarked on a global tour with Hagar and simultaneously released a best hits collection titled “The Best of Both Worlds.” Regrettably, old disagreements within the band resurfaced over time.
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