John Deacon Net Worth 2022 – How Did He Get Rich?

John Deacon Net Worth 

John Deacon has an estimated net worth of $170 million. John Deacon is a bassist and songwriter who played with the band Queen. He penned the hits “You’re My Best Friend” and “Another One Bites the Dust.” He earns most of his income from album sales, concerts and music streaming. 

John Deacon was the bass player of the world famous band Queen. He penned major hits such as “You are My Best Friend,” “I Want to Break Free” and “Another One Bites the Dust,” which went on to international acclaim. In the 1980s Deacon had several side projects and retired from the music business after the death of Queen singer Freddie Mercury.

To calculate the net worth of John Deacon, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: John Deacon
Net Worth: $170 Million
Monthly Salary: $1 Million
Annual Income: $15 Million
Source of Wealth: Musician, Singer-songwriter, Bassist, Electronics engineer

Early Life

John Richard Deacon was born in Leicester, England on August 19, 1951. As a child, he developed an interest in electronics while also learning to play music, influenced by the Beatles. When he was 14, he joined the band The Opposition and began playing guitar. He eventually switched to bass, and the band became The New Opposition.

Deacon had enrolled at the University of London’s Chelsea College in the late 1960s to continue his electronics studies while still making time for music. He saw Queen perform in the fall of 1970 but was unimpressed.

Joining Queen

After meeting the band’s guitarist Brian May and drummer Roger Taylor months later, Deacon was invited to audition for the position of bassist. Deacon got the job, and the Queen lineup that would last for two decades was born, with virtuosic singer Mercury already at the helm.

The group went on to become one of the world’s biggest musical acts, known for their innovative musical fusions and theatrical, bombastic shows. The band released over a dozen albums, including Sheer Heart Attack (1974) and Jazz (1978), and had hit singles such as “Bohemian Rhapsody,” “We Will Rock You,” “We Are The Champions,” and “Crazy Little Thing Called Love.” Deacon was known as the band’s quietest and most introverted member.

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Writes ‘Another One Bites the Dust’

All four members of Queen were songwriters who contributed to the group’s canon. Deacon’s song — the upbeat, affectionate “You’re My Best Friend” from the seminal album A Night at the Opera — became a hit.

He also had R&B/soul leanings and found a sonic outlet in The Game’s massive funk/disco hit “Another One Bites the Dust.” The song, which Michael Jackson suggested should be released as a single, went to No. 1 on the Billboard Hot 100 chart and No. 2 on the R&B chart, won an American Music Award, and is considered a pop music classic.

Deacon’s defiant single “I Want to Break Free,” from the 1984 album The Works, was another hit. (The song was accompanied by a humorous video of the band in various forms of domestic drag.)

Side Projects

Deacon had begun to play with other bands by the mid-1980s. He appeared on Man Friday & Jive Junior’s single “Picking Up Sound” and with The Immortals, who released the song “No Turning Back.” Deacon also collaborated with Elton John on the soundtrack to the film Biggles: Adventures in Time (1988).


Mercury died of AIDS in 1991, and Queen’s surviving members held a memorial/fundraising concert at Wembley Stadium the following year, featuring a variety of guest artists. Deacon also played bass on Mercury’s unfinished tracks for the 1995 posthumous album Made in Heaven. Deacon also performed “The Show Must Go On” with his bandmates and Elton John at the premiere of Maurice Béjart’s “Ballet for Life” in 1997.

Deacon chose to retire and leave the public eye, while May and Taylor continued to perform as Queen and put on new shows. Deacon and his family have lived in the London area.

Further Reading

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How To Become Rich Like John Deacon?

John Deacon did not become rich by luck. To become as rich as John Deacon, you have to work smart.

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If you seize this golden opportunity in time, you can become as successful as John Deacon one day.

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