Dave Matthews Net Worth

Dave Matthews is a singer, songwriter, musician, actor, record label owner, and producer who has a net worth of $300 million. Dave Matthews is best known as the frontman, vocalist, and guitarist for the Dave Matthews Band.Ear...

Dave Matthews Net Worth
Net Worth:$300.0 Million
Born:Jan 9, 1967
Height:6 ft 2 in (1.89 m)
Country of Origin:United States of America
Source of Wealth:Singer, Songwriter, Musician, Singer-songwriter, Guitarist, Actor
Last Updated:2023

What is Dave Matthews’ net worth?

Dave Matthews is a singer, songwriter, musician, actor, record label owner, and producer who has a net worth of $300 million. Dave Matthews is best known as the frontman, vocalist, and guitarist for the Dave Matthews Band.

Dave Matthews’s Net Worth, Career, and Success Story (2023 Update)

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Early Life

David John Matthews was born on January 9, 1967, in Johannesburg, South Africa. He is the third of four children of John and Val Matthews. When Dave was two, his family moved to Yorktown Heights in Westchester County, New York for his father’s job as a physicist with IBM.

In 1974, the Matthews family moved to Cambridge, England for a year. Following that, the Matthews family moved back to New York. Dave’s father died of lung cancer in 1977. After that, the family moved back to Johannesburg. Dave graduated from Damelin College high school in South Africa in 1985 and moved back to the U.S.

to avoid being drafted into the South African military. Dave moved to New York in 1986 and took a job at IBM for a short time. That same year he moved to Charlottesville, Virginia, where his mother was living.

Dave taught himself to play the guitar when he was nine-years-old, but it wasn’t until he moved to Charlottesville that he started performing publicly. A mutual friend introduced Dave to local guitar legend Tim Reynolds. The two began performing together and eventually, Reynolds convinced Dave to record some of his own songs.

In 1991, Matthews had the idea to form his own band. During this period, he was bartending at Miller’s in Charlottesville.


Dave founded the Dave Matthews Band in early 1991 with saxophonist LeRoi Moore, drummer Carter Beauford, bassist Stefan Lessard, violinist Boyd Tinsley, and keyboardist Peter Griesar (who left the band in 1993). The Dave Matthews Band’s first gig was on March 14, 1991, at Trax Nightclub in Charlottesville.

The band released its first EP, “Recently,” in 1994. The live album’s five tracks were taken from shows performed at The Birchmere in Alexandria, Virginia and from Trax in Charlottesville.

On September 20, 1994, DMB released its debut studio album, “Under the Table and Dreaming.” The album brought the band its first commercial hits “What Would You Say,” “Satellite,” and “Ants Marching.” “Under the Table and Dreaming” brought the band worldwide fame and was eventually certified six times platinum.

“Under the Table and Dreaming” and its follow-up album, “Crash,” brought the band a Grammy Award and four additional Grammy nominations. “Crash’s” hits included “Crash into Me,” “Too Much,” and “Tripping Billies.”

“Before These Crowded Streets,” their third studio album, was released in April 1998 and was an instant commercial success with over 900,000 albums sold worldwide in the first week. Their fourth studio album, “Everyday,” was released in February 2001 and was a huge commercial success.

The band has since released the albums “Busted Stuff,” “Big Whiskey and the Groo Grux King,” “Away From The World,” and “Come Tomorrow.” The 2018 release of “Come Tomorrow” debuted at #1 on the Billboard 200, making DMB the first band to have seven consecutive studio albums debut at #1.

Additionally, Dave Matthews recorded a solo album, “Some Devil,” which was released in 2003.

Acting Career

Dave Matthews was acting before he ever formed his band. He appeared in a number of productions at Charlottesville’s Offstage Theatre and Live Arts theater in the early 1990s.

In 2005, Dave played Otis, a man who works at a pet store in the film “Because of Winn-Dixie.” In 2007, he played a homosexual salesman in “I Now Pronounce You Chuck and Larry.” That same year, Matthews played a piano-playing musical savant in the Fox television show “House.” In 2008, he played a racist redneck in “You Don’t Mess with the Zohan.” He also starred in “Lake City” alongside Sissy Spacek.

Matthews also had roles in three films in 2011, “The Other Side,” “In the Woods,” and “Just Go With It.”

Personal Life

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In January 1994, Matthews’ older sister, Anne, who lived in South Africa, was murdered by her husband, who subsequently committed suicide, on or around January 27 of that year. The event had a profound effect on Matthews’ outlook on life and was referenced in a few of his songs.

Anne Matthews was survived by her two children who, upon her death, traveled to America, where Dave and his younger sister, Jane, took responsibility for their upbringing.

His sister Jane is the namesake of DMB’s song, “The Song That Jane Likes.”

Dave Matthews married longtime girlfriend Ashley Harper in 2000. They have twin daughters, Stella and Grace, born August 15, 2001, and a son, August, born June 19, 2007.

Matthews is also on the Farm Aid board of directors along with fellow musicians Willie Nelson, John Mellencamp, and Neil Young, who raise money for family farmers in the United States with an annual benefit concert.

In 2011, Matthews collaborated with winemakers Steve Reeder and Sean McKenzie in creating Dreaming Tree Wines.

Real Estate

Dave Matthews is one of the largest private landowners in the state of Virginia. He owns hundreds, potentially thousands of acres in Virginia, primarily around Charlottesville. He has also worked with local governments to acquire many acres of what has become public land.

Since 1999 he has owned an 18th-century farm called Blenheim which he transformed into Blenheim Vineyards. Today Blenheim produces 5,500 cases of wine per year, including their signature Petit Verdot and several special edition wines that have featured unique labels with drawings by Matthews.

Dave and his family have lived in a modest home in the Wallingford neighborhood of Seattle. He purchased the home in 2001 for $360,000.


Dave Matthews is a multi-talented artist known for his role as the lead vocalist, songwriter, and guitarist of the Dave Matthews Band. He has also ventured into acting, with appearances in various films and TV shows. With a net worth of $300 million, Dave Matthews is one of the wealthiest musicians in the world.

He has achieved immense success with the Dave Matthews Band, releasing numerous hit albums and winning multiple Grammy Awards. In addition to his music career, Matthews is also a successful businessman, owning a vineyard and collaborating on a wine label.

Despite his fame and fortune, Matthews leads a humble life with his family and is actively involved in philanthropic endeavors.

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