An American singer, songwriter, and actress Mariah Carey have a mindboggling net worth of $320 million, according to Celebrity Net Worth.
New York-born singer cum record producer has released over 102 singles and 25 albums from which most of them have ranked #1 on the US chart history. She is one of the best selling musical artists in history, having sold more than 200 million albums to date.
Along with this, she holds the record of having most #1 songs than any other female musicians.
How Mariah Carey Built Her Million Dollar Empire?
Around half a billion-dollar worth, Mariah Carey rose to fame after releasing her self-titled debut album, Mariah Carey. She got her first hit, Vision of Love, in 1990, which hit no.1 on the Billboard charts.
As of 2020, Carey has had a spectacular career of over 30 years in the music industry. She increases her riches from album sales, concerts, performances, and gigs.
Back in 1994, her song All I Want for Christmas Is You makes her an estimated earning of $600 thousand per year in royalties and has generated around $60 million gross.
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Here, take a look at her popular album sales:
|Mariah Carey||$15 million|
|Music Box||$32 million|
|The Emancipation of Mimi||N/A|
Similarly, in 2001, the Butterfly singer managed to land an impressive $100 million ($150 million after adjusting inflation) contract with Virgin Records America. Initially, the company agreed to pay $23.5 million per album for her next five ones.
With Virgin, she released the first album, Glitter. But the album only sold 3 million copies, which was reported to be a disaster.
It was later known that Virgin paid her $28 million to get Mariah out of the deal a year early. In the end, Carey received a total of $50 million.
She was dumped by Virgin. After the incident, the 49 years old signed millions of dollars worth contract with Island Records. She made a comeback with 2005 biggest hit The Emancipation of Mimi.
Apart from her successful musical career, the Grammy awardee made $18 million being the judge of American Idol. Well, besides her $18 million paychecks, she is famous for her feud with Nicki Minaj in the show.
Is She A Low-Key Billionaire?
Back in 2008, she had a net worth of $150 million. And in order to be worth around half a billion now, her gross earnings should be over $1 billion in a decade.
Which is the earning of now billionaires Jeff Bezos, Bill Gates, Warren Buffet, Bernard Arnault, and other wealthiest people.