Dave Matthews Net Worth

$300 Million

Last Updated:

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What is Dave Matthews’ net worth? 

Net Worth:$300 Million
Born:January 9, 1967
Height:1.89 m (6 ft 2 in)
Country of Origin:United States of America
Source of Wealth:Professional Musician
Last Updated:March 8, 2023


Dave Matthews is best known as the lead vocalist, songwriter, and guitarist for the band DMB (Dave Matthews Band). He is also a budding actor with appearances in various movies.

Some of his more memorable moments are working alongside top actors like Adam Sandler (“You Don’t Mess with the Zohan”), Terrance Howard (“In the Woods”), and Sissy Spacek (“Lake City”).

The DMB genre is typically rock, but with a twist. They cover everything from jazz fusion to folk and soft rock with a bit of funk rock and indie for good measure.

There’s even a touch of alternative rock that informs many of their songs. DMB is signed with RCA Records as well as Sony. Dave Matthews occasionally performs solo.

As of May 2023, Dave Matthews’s net worth is estimated to be $300 Million.


Dave Matthews Facts

  • The album ‘Under the Table and Dreaming’ is dedicated to Dave Matthews’s sister, who was murdered by her husband in 1994.
  • In March 2007, Dave Matthew appeared in the medical drama “House”.
  • Matthews was raised as a Quaker and a pacifist.
  • Dave Matthews left South Africa in 1985 due to his possible military conscription.
  • Dave Matthews and his band are big contributors to charities like the BAMA Work Fund.
  • The DMB has its very own day in Charlottesville, Virginia, which is known as “Dave Matthews Band Day”, on 27 September.


Early Life 

David John Matthews was born in Johannesburg, South Africa on January 9, 1967. His father, John Matthews, was a physicist who worked for IBM.

David soon found himself, his three other siblings (Anne Matthews, Jane Matthews, and Peter Matthews), and his mother, Val Matthews, moving to Yorktown Heights, New York at the age of two.

At the age of 9, Dave Matthews discovered his love for music and started playing the guitar. In 1997, his father died from lung cancer, which resulted in David and his family returning to South Africa that year.

Following Matthews’s graduation from Damelin College High School, he was faced with conscription into the South African military. To avoid this, and as an avowed pacifist, Dave made the difficult decision to leave South Africa for good.

On finding himself in New York, Dave Matthews got a job with IBM for a short time until his mother joined him in Charlottesville, Virginia. After settling into the new community, Dave Matthews started performing publicly. This resulted in him forming his band before recording his first demo.

Julia Roberts is a big fan of DMB with the band’s official website listing the music video “Dreamgirl”, in which she plays a feature role.



While working as a bartender at Millers in 1991, Dave formed the Dave Mathews band. This led to the band’s first show on March 14, 1991. It was part of a benefit for the Middle East Children’s Alliance at Trax Nightclub in Charlottesville, Virginia.

Dave Matthews’s older sister was unfortunately murdered by her husband in 1994. This had a profound effect on Matthews, leading him to change his outlook on life. Soon after, the DMB released a new album titled “Under the Table and Dreaming”, which is dedicated to his late sister.

Following this tragic, yet eventful year, Dave and the band signed with RCA Records. Even though the band was signed to a record label, Dave ventured out and started working on his solo performing career. The result was the release of a solo album named “Some Devil”, which went platinum, and the single “Gravedigger”, which won a Grammy in 2004.

While he is known primarily as a musician, Dave Matthews is also one of the richest actors in the world. He’s appeared in multiple onstage productions at Charlottesville Offstage Theatre and Live Arts theatre in the early 1990s.

He grew his career in the movie industry, finding minor acting roles in many Adam Sandler movies as well as many other well-known films.

Dave Matthews has appeared many times as a musical guest on Saturday Night Live. He even made an appearance as Ozzy Osbourne in a skit called “The Mellow Show”. Matthews is also known for acting and performing in the famous music documentary, “Before the Music Dies”. He also guest starred in “House” during the episode, “Half-Wit”.


Dave Matthews’s Career Earnings

Dave Matthews has made the majority of his money from his music career. The estimate of his career earnings is compiled from album sales, royalties, and acting fees.

We also include reports of his income from business and property investments, movie and other entertainment fees, and endorsements.

Dave Matthews’s salary is approximately $30 million per year.

Here’s an estimated overview of Dave Matthews’s income:

  • Dave Matthews’s Salary In 2013 – $500, 000
  • Dave Matthews’s Salary In 2014 – $1 million
  • Dave Matthews’s Salary In 2015 – $3.5 million
  • Dave Matthews’s Salary In 2016 – $9 million
  • Dave Matthews’s Salary In 2017 – $12.3 million
  • Dave Matthews’s Salary In 2018 – $14.5 million
  • Dave Matthews’s Salary In 2019 – $39 million
  • Dave Matthews’s Salary In 2020 – $40 million
  • Dave Matthews’s Salary In 2021 – $45 million
  • Dave Matthews’s Salary In 2022 – $50 million


Dave Matthews’s Net Worth Annually

Apart from the wealth that Dave amassed from his music career, he’s made money as an astute businessman and actor.

Here’s a breakdown of Dave Matthews’s annual net worth:

  • Dave Matthews’s Net Worth In 2013 – $100 million
  • Dave Matthews’s Net Worth In 2014 – $150 million
  • Dave Matthews’s Net Worth In 2015 – $195 million
  • Dave Matthews’s Net Worth In 2016 – $200 million
  • Dave Matthews’s Net Worth In 2017 – $210 million
  • Dave Matthews’s Net Worth In 2018 – $225 million
  • Dave Matthews’s Net Worth In 2019 – $250 million
  • Dave Matthews’s Net Worth In 2020 – $280 million
  • Dave Matthews’s Net Worth In 2021 – $285 million
  • Dave Matthews’s Net Worth In 2022 – $300 million


Personal Life

Dave Matthews enjoyed a committed relationship with his long-time girlfriend, Jennifer Ashley Harper. After 8 years, they got married in the summer of 2000. They have twin daughters, Stella Busina, and Grace Anne, born on 5 August 2001.

His son, August Oliver, was born on 19 June 2007. The family currently resides in Seattle, Washington in a house that Matthews purchased for $360,000 in 2001.

Dave Matthews has proven to be a socially responsible citizen and was urging American citizens to vote through a video posted back in 2000. Matthew supported the election of the U.S President Barack Obama and, during the 2008 election campaign, performed at Indiana University to attempt to promote the election.

In 2001, Dave Matthews stated that he was agnostic. His way of showing his love towards a higher being is through his music. It is his way of trying to express that we must make the most of each day’s pleasure because we aren’t guaranteed tomorrow.


Awards & Achievements

With Dave’s raw talent and work ethic, it is no wonder that he’s managed to collect many prestigious awards.

Here are some highlights from Dave Matthews’ career:

  • In 1997, DMB received the award for “Best Rock Vocal Performance by a Duo or Group” for their rock song “So much to say”.
  • Dave Matthews was a recipient of the “Orville Gibson Award for Best Acoustic Guitarist” in 2002.
  • The song “Gravedigger” got him a Grammy award in 2004.
  • In 2005, Dave was honored with a “D.M.A Honoris causa” by the Pennsylvania-based Haverford College.
  • He achieved Best Rock Album of the Year in 2010 for Big Whiskey and the GrooGrux King.


How Does Dave Matthews Spend His Money?

Mostly, his money goes towards one of his biggest passions, winemaking. His wine label, one of the most expensive wines in the world, and vineyeard, produce approximately 5,500 cases of wine per year. This passion has led to Matthews’ collaborations with award-winning winemakers Sean McKenzie and Steve Reeder.

Another huge passion is film production. This resulted in Dave producing one of the best Netflix documentaries, “Last Call At The Oasis”, directed by Jessica Yu.

Dave Matthews is a big-time philanthropist but doesn’t advertise the fact. Even though he has his side ventures, he seems to like keeping a low profile when it comes to spending his money and living a humble life with his family.



Dave Matthews has an extremely good ear for melodies and has created a wide range of rock music during his career. However, he is also a talented actor and businessman, with roles on stage, in popular movies, and in TV series under his belt.

Here are some of the best highlights of Dave Matthews’s career: 

  • Dave Matthews has owned Blenheim Vineyards since 1999, with a total of 30 acres.
  • Matthews produced a documentary named “Last Call at The Oasis” in April 2012.
  • He and the band joined Farm Aid as a board of directors in 2001.
  • In 1994, “Under the Table and Dreaming” went to No.11 on the Billboard 2000.
  • Matthews used to play Taylor 914ce and Gibson Chet Atkins SST acoustic guitars but switched back to Rockbridge guitars.


Favorite Dave Matthews Quotes

In common with many musicians, Dave Matthews has a deep love of life and philosophy. This comes through strongly in his lyrics as well as during interviews.

Here are our favorite quotes from Dave Matthews:

  • “Take what you can from your dreams, make them as real as anything” – Dave Matthews
  • “A guy and a girl can be just friends, but at one point or another, they will fall for each other…maybe temporarily, maybe at the wrong time, maybe too late or maybe forever.” – Dave Matthews
  • “How could I have been anyone other than me?” – Dave Matthews
  • “The idea of God as a fatherly figure who looks down on us and worries how we’re doing or takes sides when we have fights – it’s more irritating than Santa Claus. The world and the universe are far more wonderful if there’s not a puppet master.” – Dave Matthews
  • “For me, in songwriting, I have a route I can take. Maybe there are some forks, I can go this way. But I know those roads. I still have the experience behind me.” – Dave Matthews


3 Amazing Lessons From Dave Matthews

Dave is a musician with strong convictions, which is plainly evident in his treatment of his fans and in the way he conducts his life.

So, now that you know all about Dave Matthews’s net worth, here are some of the best success lessons to learn from Dave Matthews:


1. Listen To Your Followers

Dave’s humble view of himself is evident in the way he treats those around him. There’s no arrogance, he’s self-effacing and takes the time to listen when others speak.


2. Reward Your Long-standing And Loyal Followers

Service is a pivotal focus of Dave’s life. He appreciates what others do for him and has a special love for his fans.


3. Live In The Moment And Don’t Focus On Tomorrow

Given the tragedy that Dave has experienced in his family, he truly understands what it is to live in the moment. By focusing on the important things today, you get to enjoy the rewards as there may not be a tomorrow. 



Dave Matthews is one of the largest private landowners in Virginia. He’s worked in a variety of professions, from singing and producing, to acting and winemaking.

From his various passions, he’s increased steadily in net worth and is now considered one of the highest-earning rockstars in the world.

As of May 2023, Dave Matthews’s net worth is estimated to be $300 Million.

What do you think about Dave Matthews’s net worth? Leave a comment below. 

John Mulder
John Mulderhttps://360tsd.com/
John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.


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