John Deacon Net Worth: Queen, Career, & Lifestyle [2024 Update] (2024)

Retired English musician, well-known as the bassist of the rock band “Queen,” John Deacon’s net worth is a whopping $170 million.

John is a multi-instrumentalist who contributed background vocals and played keyboards on some of the songs of Queen.

He began writing at least one song for each album, starting with the third, “Sheer Heart Attack,” and several of those songs went on to become hits.

The top 10 singles such as “You’re My Best Friend,” “Another One Bites the Dust,” and “I Want to Break Free” were among the songs he wrote for the band.

Similarly, Deacon was also involved in running the band’s finances.

After the death of Queen’s frontman, he eventually left the band and retired from music.

John Deacon | Quick Facts

John Deacon’s net worth as of September 2024 is $170 million. Let’s look at quick facts to understand more about John Deacon.

John Deacon | Net Worth and Income

Multi-talented bassist, songwriter, and musician John Deacon’s net worth is a staggering$170 million.

Since the beginning of their more than five-decade-long history, Queen has been one of the most well-known and adored bands.

As one of the most famous rock bands in history, it continues to gain new followers.

In 1973, their first album, “Queen,” earned $620,000.

Similarly, in 1975, estimated earnings from the album “A Night at the Opera” was around $4,255,000.

Queen’s album “News of the World” made around $6,125,000 from record sales in 1977.

In 1979, they made around $4,010,000 from the sale of the album “Live Killers” and $4,445,000 from “The Game” in 1980.

The band’s sales exponentially increased with the release of the compilation album “Greatest Hits,” earning $18 million.

Similarly, some of the major album sales of Queen are given below:

Queen also has almost 16 million YouTube subscribers, allowing the band members to profit from the platform’s advertising revenue.

It is estimated that their YouTube channel makes $272K to $4.4 million yearly.

More than four million earnings in a year from the platform only. Incredible!

Likewise, the band has more than 40.2 million active monthly listeners on Spotify.

Hence, John makes a decent portion of money from the streaming platform.

John Deacon’s Net Worth in Different Currencies

Let’s look into John Deacon’s net worth in different currencies, including the cryptocurrency Bitcoin.

John Deacon | Houses & Cars

Houses

As of September 2024, John Deacon’s net worth is a massive$170 million.

He resides in southwest London. In 2021, John was seen taking a stroll and smoking cigarettes near his Putney residence.

Decan is one of the most reserved band members; hence, the details of his mansion are not revealed to the public.

Cars

John did not spend a large amount on luxurious automobiles during his music days.

When purchasing a vehicle, John always went with a simple Volvo, a relatively common model in England.

However, in 1985, following their success, John decided he deserved something more sophisticated and purchased a Porsche.

The police pulled over Deacon for driving too fast after buying the Porsche, and he was later found guilty during a breathalyzer test.

Deacon’s driver’s license was suspended for a year as a result. The bassist appeared to travel by subway for a year after his Porsche was sold without recognition.

John Deacon | Lifestyle & Retirement

Lifestyle

Multi-millionaire songwriter and bassist John Deacon lives a luxurious life with a net worth of$170 million.

He was born toArthur HenryandLilian Molly Deaconon August 19, 1951, on London Road.

John, who went to Linden Junior School in Leicester, was referred to by friends as “Deacs” or “Deacy.”

At a young age, John developed an interest in electronics.

He read journals about the field and built little gadgets, such as a reel-to-reel tape player that he modified to record music straight from the radio.

At Beauchamp Grammar School in Oadby, where he excelled in his studies, he earned 8 GCE O level and 3 A level exams, all with grades of A.

Moreover, his band had a wild lifestyle during their heyday in the 1970s and 1980s, indulging in unrestrained excess and hosting enormous parties.

However, he totally differed from his previous life.

John apparently hasn’t spoken to any former band members in over a decade.

In a rare interview conducted in more recent years, John discussed his love of tea, his children, and golf.

Deacon is frequently referred to as the band’s “silent” member.

He avoided conflict even though the other members of the band thought he was the ideal bassist for them and hardly talked during practice.

John has six children and resides withVeronica Tetzlaff, whom he wedded on January 18, 1975.

Retirement

John’s musical output significantly decreased after the death of Freddy Mercury in November 1991 as a result of his intense grief.

After performing live with Queen three more times, he decided to leave the music industry.

He made a brief comeback in October 1997 when he joined his former bandmates to record the song “No-One but You (Only the Good Die Young).”

It was later included on the Queen rocks album that was released a month later.

Deacon has avoided the spotlight ever since he retired.

He made the decision not to attend Queen’s 2001 induction into the Rock & Roll Hall of Fame.

John continues to be active in the band’s commercial affairs but prefers to avoid the spotlight.

John Deacon | Charity

Freddierevealed to the public that he had AIDS on November 23, 1991, and he passed away peacefully at home the following day.

He continues to be the most well-known victim of the illness in the entertainment industry.

In remembrance, the double A-side song “Bohemian Rhapsody / These Are The Days Of Our Lives” was released to collect money for the “Terence Higgins Trust.”

Over $1,000,000 was raised for the charity during its five-week spell at No. 1 on the UK chart.

Furthermore, John has supported several other nonprofits, including “ChildLine,” “Coram,” “League Against Cruel Sports,” “Mercury Phoenix Trust,” and “Save Me.”

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John Deacon | Movies, Investments, and Endorsem*nts

Movies

Aside from music, John has featured in several movies and television series.

In 1965, he narrated the movie “How to Undress in Public Without Undue Embarrassment.”

Similarly, Deacon has appeared in documentaries like “Queen: Rock the World” (2017), “Queen: A Night in Bohemia” (2016), and “Becoming Queen” (2004).

John has been featured in television series such as “Pop Galerie Reloaded” (2009), “The Saturday Starship” (1984), “Pop Quiz” (1983), and a few others.

Moreover, his music has been used in popular shows like “The Umbrella Academy” (2022), “Morning Joe” (2021), “Valley Girl” (2020), and many more.

Investments

As of September 2024, John Deacon’s net worth is a massive$170 million.

Deacon continues to profit from all of the Queen’s recordings. As he now oversees the company’s operations, he directly receives compensation from it in addition to a sizable royalty payment.

The band’s primary business, “Queen Productions,” saw an increase in revenue of more than $40 million in 2009.

The group now has a record deal with Polygram outside of the US market after a recording agreement with EMI expired.

Over the last six years, John has received more than $11.5 million through his company, “Goldfinch Productions.”

After all, given the famous works Queen and its members have produced to date, it should come as no surprise how much money they have made.

Similarly, the concert movie “Queen at Wembley You” earned an estimated $1,008,000 in 1990.

Endorsem*nts

When John was in the band, he endorsed several products and brands.

He has endorsed “Google+,” “Mountain Dew,” “Lays,” and “Cadbury,” among other multi-national companies.

Likewise, Deacon has also endorsed “Walmart,” “AT&T,” and “Carlsberg.”

Initially, John used an Eko bass, which was eventually switched to a Rickenbacker 4001 bass.

At the end of the band’s run, he played a bass that Roger Giffin had created specifically for him.

On occasion, he performed live using an Ernie Ball Music Man Stingray.

Moreover, he was able to construct the band’s equipment because he was a professional electronics engineer.

His most well-known invention is the “Deacy Amp,” which he and guitarist Brian May used throughout Queen’s recording.

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John Deacon | Career

At 14, Deacon formed his first band, “The Opposition.” The band performed versions of popular songs.

However, he left the band after four years when Chelsea College accepted him for study.

He joined “Queen” as the last member in early 1971 after performing an audition in a lecture hall at Imperial College London.

John was the youngest member of the band. In June, he performed with Queen for the first time at Kensington’s College of Estate Management.

He was given the name “Deacon John” on Queen’s debut album in 1973 to “sound more fascinating.”

John requested that his proper name be used in the credits, and starting with “Queen” II (1974), this was done on all albums.

Moreover, he co-wrote “Stone Cold Crazy” with the rest of the group and penned “Misfire,” a song with a Caribbean theme.

As of September 2024, John Deacon’s net worth is a whopping $170 million.

Some Interesting Facts About John Deacon

• John is a big fan of soul music.
• He is the only band member who hasn’t sung on any of the band’s albums.
• Actor Joseph Mazzello played John in the 2018 biopic film Bohemian Rhapsody.

FAQs

Why did the Queen separate from Trident?

Trident, their initial management company, declined to provide Deacon money to put a mortgage on a home, which was one of the factors that led to their separation.

Why is Queen still so famous?

Well, the number speaks for itself.

The band has sold anywhere between 170 to 300 million albums worldwide, making them one of the world’s best-selling music bands.

Some of their well-known songs ever include “Bohemian Rhapsody,” “We Will Rock You,” and “We Are The Champions.”

Who was John Deacon’s closest in the band?

He was very close with the frontman, Freddie Mercury.

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