Mariah Carey’s net worth is expanding day by day as a result of her incredible talent and achievements as one of the best-selling pop female artists of all time.
Many of her fans are wondering as to how the singer manages to live such a lavish lifestyle and how she makes money. In this article, we will let you know about Mariah Carey’s net worth.
Mariah Carey, The Music Diva
Born on March 27, 1969, Mariah Carey is a multi-talented artist. She is not only a singer, songwriter, producer, she is also an entrepreneur, and actress from the United States.
She is widely regarded as one of the most well-known celebrities in this era. After all this time, her voice and passion for music are really not going away; they’re still there.
Mariah has had a hectic life since finishing high school, when she got her first number-one songs barely three years later. She grew up in Huntington, New York.
She used to write poems when she was studying in high school. Then she met Gavin Christopher and Ben Margulies, with whom she started writing lyrics of the songs.
After their graduation, all three of them worked together and Mariah quickly rose to fame and became the second best-selling artist of the world after Madonna.
In 1990, the New York native launched her self-titled album, which went on to achieve 9X platinum certification in the United States exclusively. With her debut album, she even hit the Billboard charts.
Mariah Carey was chosen one of Time magazine’s 100 most influential artists and entertainers in the world in 2008. She has been nicknamed a “diva” and a “pop idol” because of her fame and persona.
Carey has many songs that ranked number 1 in the US charts. By winning five Grammy Awards in her lifetime, 15 Billboard Music Awards and 10 AMA’s, Mariah Carey rules the music industry with her great songs.
Mariah Carey’s Net Worth
Mariah Carey has an estimated net worth of $320 million, according to Celebrity Net Worth. It made her one of the top 15 best-selling musicians of all time, with over 200 million albums sold worldwide.
Carey’s royalties come from a variety of sources, including record sales and placing her entire song collections on internet music streaming platforms such as Spotify and Apple Music.
She also had a two-year residency at Caesars Palace in Las Vegas. She signed a deal worth $30 million in 2015, making her the richest woman in the world.
According to Life and Style Magazine, she gets paid for her guest appearances on television shows. The most noteworthy of which was as a judge on a season of “American Idol.”
The “All I Want For Christmas” singer is said to have made $18 million from the performances and concerts. She also earns $600,000 a year in royalties from the song “All I Want for Christmas.”
Ms. Carey was signed to one of the most expensive contracts in the music industry, with EMI guaranteeing her $80 million over the course of five albums.
The company also said it would pay Ms. Carey $28 million to avoid the enormous expenditures of producing and advertising any additional albums.
According to Marshall B. Grossman, Ms. Carey’s lawyer, EMI had given her $21 million when the agreement was made, in contrast to the $28 million severance payout.
As a result, the artist has received over $25 for each copy of the “Glitter” CD sold till now.
Extravagant Lifestyle of the Queen of Remixes
Having your own brand is a good way to make extra money. Her great wealth isn’t over yet.
According to Essence, Carey has a multi-million dollar fashion business that includes bags, footwear, jewelry, fragrances, and much more. She enjoys her luxurious lifestyle and kinda owns it.
Mariah Carey is quite famous for requiring a lot of attention. In a recent interview with The Guardian, she even stated as much.
“You know what? I don’t give a s***. I f****** I am high-maintenance because I deserve to be at this point. That may sound arrogant, but I hope you frame it within the context of coming from nothing,” she said.
To make her life more luxurious, her shoes and lingerie are kept in a separate closet in her room. In a Vogue video, she even invited her followers into her closet so they can also have a glimpse of her expensive collections.
According to E! Online, she spends $1,500 on meals for a simple dinner out at a trendy restaurant in Los Angeles.
Her love for animals is immense, Carey spends $45,000 a year on spa treatments, not for herself, but for her adorable pet cats.
Facing a $20 Million Lawsuit
Andy Stone, a well-known musician, has sued Mariah Carey and Walter Afanasieff, the co-writer of her hit song, over the song “All I Want For Christmas,” which she released in 1994.
A song with the same name was performed by pop group Vince Vance & the Valiants, and Andy, who co-wrote the song All I Want For Christmas Is You, is suing Mariah Carey for copyright infringement.
Walter Afanasieff, a 53-year-old American singer is also named in a complaint filed by songwriter Andy Stone, who claims that Carey and her colleagues “knowingly, wilfully, and intentionally engaged in a campaign“ just to infringe on the song’s copyright.
Carey and Afanasieff are indeed blamed of “acts of unjust enrichment by the unauthorized appropriation of [the] plaintiff’s work and the goodwill associated therewith,” according to the papers.
Despite the fact that the two songs have distinct melodies and lyrics, Stone alleges that he co-wrote a song with the same name and did not grant rights for it to be utilized.
The complaint has already been filed in the Eastern District of Louisiana’s US District Court.