- Katharine McPhee's net worth was earned through her successful career as a recording artist and actress.
- McPhee's success is not solely due to her marriage to David Foster. She had achieved significant success before their union and continues to have a thriving career.
- McPhee has wisely invested her wealth in real estate and even ventured into jewelry design, further contributing to her net worth. A prenuptial agreement with Foster ensures that her assets remain hers.
Katharine McPhee first became a household name in 2006 after she came in second during the fifth season of American Idol. The singer was not one to let a second-place finish stop her from achieving her dreams of becoming a recording artist and actor. And after working hard for several years, those dreams were finally realized.
McPhee had dreams of stardom years before appearing on Idol. Little did McPhee know that as a result of her talent, just a decade after competing on a televised singing show, she would be a multi-millionaire. And as the years progress, that fortune only continues to grow.
Many may think that McPhee came by her money as a result of marrying David Foster. But that simply is not the case. While she may not have the sizable income that Foster does, the career path that the Scorpions alum has taken has been quite the successful one. And even if her marriage to the famous composer were to end today, McPhee would be quite comfortable without Foster's money. This is because of all the success that the Broadway star had before and continues to have after, her union to the Grammy Award winner.
Here is what Katharine McPhee's net worth is without David Foster.
All Of David Foster's Famous Wives And Girlfriends Before Katherine McPhee
Music producer David Foster has been working with some of the biggest names in show business since before his wife Katherine McPhee was even born.Updated January 2024: Katharine McPhee has not done any acting as of late, but as a result of continuing to perform with her husband, David Foster, McPhee has managed to maintain her $14 million net worth over the last couple of years. And with performances lined up through May 2024, it appears that minimally, McPhee's net worth will remain steady for the time being.
What Is Katharine McPhee's Net Worth?
Katharine McPhee has a net worth of $14 million
Since stepping on stage in front of America, McPhee has managed to bank a tidy sum for herself. A sum that has made her one of the most successful artists to have graced American Idol's stage.
Those multi-millions were invested wisely, affording McPhee the ability to acquire several properties in California. But the actress does not live in them all. Some she "has been known to rent out." And with the rent received from the properties, in conjunction with her professional career, that $14 million net worth looks like it may just continue to grow.
How Katharine McPhee Amassed Her Wealth
McPhee's net worth comes from American Idol, performances with David Foster, real estate, and jewelry design
The $14 million net worth was obviiusly not amassed overnight. But with the persistence that McPhee had to make her dreams of being successful in the entertainment industry come true, it does not come as a surprise to anyone that she is worth seven figures today. While American Idol launched McPhee's recording career, it did not bring her the success that she enjoys today, alone. Instead, it took making several albums.
And as a result of all five of the Hysteria singer's albums not only debuting in respectful positions on the charts but climbing them, she gained credibility as both a pop and jazz singer. That respect earned McPhee a pretty penny as well.
Singing was not all that McPhee wanted to pursue in the entertainment industry. She also set a goal of becoming a successful actress and celebrity as well.
That goal was achieved when McPhee landed her first role in the NBC show, Smash. The show lasted only two seasons, ending in 2013, but it solidified her status as an actress.
It was not long before McPhee was cast in another television show. In 2014, she was cast in a starring role on the television show Scorpions. Something that McPhee would remain a part of until 2018.
But as 2018 rolled around. McPhee wanted to see if she had the chops she needed to star on Broadway. And with the resume McPhee possessed, she was cast in the starring role in the musical, Waitress. A place where she could show audiences just how talented she was as both an actor and a singer. All of which helped to build McPhee's fortune to where it is today.
Why David Foster Has Been Divorced So Many Times And How Katharine McPhee Is Making Their Marriage Work
David Foster's relationship with Katharine McPhee is very, very, very different from his previous marriages.Being savvy with her money, McPhee was also able to purchase real estate in some of the hottest housing markets in California. According to Cosmopolitan, McPhee rents out one of her homes for "$6,900 per month."
Just when it seemed that McPhee had done it all to help herself make quite the nest egg, in 2022, she decided to tackle jewelry design as well. And while it is unknown how successful KMF Jewelry will be, with the jewelry being sold on Rodeo Drive, there is a good chance the line will make income for the mother-of-one as well.
Why David Foster And Katharine McPhee Both Wanted A Prenup
David Foster and Katharine McPhee have both been divorced and lost money from their previous marriages
Many may think that it was all Foster who wanted to have a prenup signed before the couple said "I do" back in 2019 to protect his large fortune. This would make sense given that the music producer has a net worth of $150 million.
But, after going through a divorce of her own to ex-husband Nick Cokas in 2016 and being ordered to pay tens of thousands in spousal support, McPhee was on board for signing a prenup as well. A move that may have helped to solidify the relationship even further between Foster and McPhee.
While the details of the prenup have not been released, having one in place ensures that whatever McPhee and Foster made before the marriage will remain theirs.
Do David Foster's Daughters Actually Get Along With His Wife Katharine McPhee?
Allison, Sara, Amy, Erin, and Jordan all have thoughts on David Foster's new spouse.This means that regardless of what happens in the relationship between McPhee and Foster, neither will walk away any poorer than they were at the beginning of the marriage. And because of this, McPhee will continue to be a millionaire and keep her net worth in the future.
