Chad Smith net worth: Chad Smith is an American musician who has a net worth of $90 million dollars. Chad Smith was born in St. Paul, Minnesota on October 25, 1961. Chad grew up in Bloomfield Hills, Michigan where he attended Lahser High School. After graduating from high school, Smith chose to focus on building a music career, playing drums in a number of local bands. While visiting his brother in California in 1988, he auditioned for a local band called, The Red Hot Chili Peppers. The Peppers already had a record deal, but were looking to replace their drummer. Chad turned out to be a perfect fit, and found himself recording with the band less than a month later. In 1989, The Red Hot Chili Peppers released their fourth studio album, "Mother's Milk". The album was their most successful to date, selling over one million copies. Over the next 20 years, the RHCP would go on to sell more than 80 million copies worldwide. They were recently inducted in the Rock and Roll Hall of Fame. In addition to his work with the Red Hot Chili Peppers, Chad Smith has also recorded a popular children's album, called "Rhythm Train", is a regular session musician for multiple artists, and performs with the supergroup, Chickenfoot, and with his own group, Chad Smith's Bombastic Meatballs. Many people believe Chad Smith is a dead ringer for comedian Will Ferrell.