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Mariah Carey Net Worth In the glittering realm of the music industry, few names shine as brightly as Mariah Carey. With a voice that can pierce the soul and a career that has spanned decades, Carey has not only become a household name but also amassed a fortune that reflects her unparalleled success. In this blog post, we delve into the incredible journey of Mariah Carey and explore the staggering net worth she has accrued over the years.
Early Life and Career Beginnings:
Born on March 27, 1969, in Huntington, New York, Mariah Carey showed early signs of her extraordinary vocal talents. Raised in a multicultural household, Carey’s exposure to various musical genres influenced her unique sound, blending pop, R&B, and soul. Her musical prowess caught the attention of Tommy Mottola, then-president of Columbia Records, leading to the signing of a record deal in 1988.
Breakthrough and Chart-Topping Success:
Mariah Carey’s self-titled debut album, released in 1990, catapulted her to superstardom. With hit singles like “Vision of Love” and “Love Takes Time,” she quickly became a chart-topping sensation. Carey’s impressive five-octave vocal range and her ability to seamlessly blend genres set her apart in the competitive music industry.
Album after album, Carey continued to dominate the charts, achieving an unprecedented five consecutive number-one singles from her second album, “Emotions.” Her influence on the contemporary music scene was undeniable, solidifying her status as the “Songbird Supreme.”
Enduring Success and Business Ventures:
Beyond her music career, Mariah Carey has ventured into various business endeavors that have contributed significantly to her net worth. She became a pioneer in the fragrance industry with her successful line of perfumes, generating millions in revenue. Additionally, Carey’s savvy investments in real estate and her involvement in lucrative brand partnerships have further bolstered her financial portfolio.
Iconic Residencies and Record-Breaking Achievements:
In recent years, Mariah Carey’s impact on the entertainment industry has extended to the live stage. Her residencies in Las Vegas, particularly at Caesar’s Palace, have not only showcased her enduring popularity but also added substantial earnings to her net worth. Carey’s ability to draw massive crowds and break attendance records during these residencies solidifies her status as an iconic performer.
Mariah Carey’s net worth
Mariah Carey is an American singer, songwriter, record producer, entrepreneur and actress who has a net worth of $350 million. Mariah Carey is one of the 15 best-selling musical artists in history. To date she has sold over 200 million albums worldwide. Mariah is the second best-selling female artists of all time, behind Madonna. She has more #1 songs than any other female writer/producer in US chart history. As of this writing she has won five Grammys, 10 AMAs, and 15 Billboard Music Awards.
After struggling throughout the 80s to get anyone to listen to the demo she recorded while working multiple jobs in New York, she finally caught the attention of Brenda K. Starr, who introduced her to the “right” people. At the urging of Ms. Starr, Mariah Carey handed her demo to Columbia Records executive, Tommy Mottola, during a party. He spent two weeks tracking her down, and signed her immediately. She dominated the charts throughout the 90s, with her debut album remaining at #1 for eleven weeks. Her second album, rushed through production and released just a year later, was less successful, though the recording of her “MTV Unplugged” appearance went triple-Platinum. She went on to release three more massively successful albums, and she recorded “One Sweet Day” with Boyz II Men. “One Sweet Day” remained at #1 for sixteen weeks, the longest period a song has remained at the top of the charts ever. She also married Tommy Mottola.
Then things started to go downhill. Her next two albums, while successful, were not the pop juggernauts of her early career. She wanted more creative control. The label did not want to give it to her. They were less willing to promote her work, and sales began to slow. As her relationship with Columbia began to fall apart, so did her relationship with her husband, and she separated from both in the early 2000s. She signed with Virgin Records in 2001, and things went from bad to worse. Under Virgin, she basically fell apart, was hospitalized, disappeared for an extended period of time, and her only project under the label, “Glitter”, a film and soundtrack, was panned by critics, and largely ignored by the public. She signed with Island/Def Jam a few years later, and over the course of 2003 and 2004, the label carefully shepherded her through a career comeback. Her tenth album, “The Emancipation of Mimi”, proved that their strategy had worked. It became the top selling album by a female in 2005, and sold nearly 8 million copies worldwide. Since then, she has continued to remain musically relevant and popular.
“All I Want for Christmas” Royalties
Mariah’s Christmas album is probably most notable for featuring the song “All I Want for Christmas Is You” which would eventually become one of the best-selling and most-profitable singles of all time with global sales of 16 million and counting. The song is featured in dozens of Christmas movies and has a massive hit around the holidays on streaming services such as Spotify and Pandora. The song, which reportedly only took 15 minutes to write, generates an estimated $600,000 per year in royalties for Mariah and producer Walter Afanasieff. The song has generated more than $60 million in gross royalties to date.
Virgin Contract
In April 2001, Mariah left Columbia Records and signed what was then a record-setting $100 million, five-album contract with Virgin Music. That’s the same as $150 million after adjusting for inflation. It was the biggest contract in the history of music at the time.
Mariah’s first album with Virgin, “Glitter”, was released on August 18, 2001. The album was actually a soundtrack to a movie of the same name which was a semi-autobiographically about a fictionalized version of Mariah. Both the album and film, which was unfortunately released on September 21, 2001 – 10 days after the 9/11 terror attacks, were panned by critics and audiences. The movie is famously one of the biggest box-office bombs of all time.
Even before the movie’s release, Mariah had to be hospitalized for extreme exhaustion. She reportedly experienced a physical and emotional breakdown.
Over time the album sold 3 million copies. That would have been respectable for any other artist. Unfortunately it was a disaster for Mariah and Virgin’s newly-minted $100 million contract.
Virgin was so desperate to free themselves from Mariah that they paid her $28 million to end the contract early. When it was all said and done, Mariah was paid nearly $50 million to produce the one album for Virgin.
(Photo by Jamie McCarthy/Getty Images)
Return to Success
After being dumped by Virgin, Mariah signed a $24 million, five-album deal with Island Records. Her Island albums sold moderately well, with her biggest hit being 2005’s “The Emancipation of Mimi” which sold 10 million copies worldwide.
Mariah released one album under Def Jam and then was signed by Epic Records in 2015 where she remains today.
In 2012 she earned $18 million to appear on one season of American Idol.
In 2015 she signed a $30 million contract to undertake a two-year Las Vegas residency at Caesars Palace. This helped her become one of the highest-earning women in music for the year with $27 million in total earnings.
How much does Mariah Carey make per year?
Carey’s annual income varies depending on whether she tours or releases projects and products through her various branding deals. That said, her annual income overall is estimated to average at about $3 million annually minimum from her Christmas catalog alone. TMZ reported that in 2014, Carey made $6.3 million total.
How much does Mariah Carey make in royalties?
Carey’s royalties are estimated to be approximately 20 percent, a high rate for any star, plus multi-million dollar advances for albums. A big reason for that is her songwriting credits: Carey is often overlooked for her songwriting ability, but she has a hand in penning every single one of her hits—and her lyrics have been praised for their sophisticated vocabulary to boot—so please, put proper respect on her name! (Signed, a true Lamb.) Her contract with Universal Records netted her $7.5 million per album, and when her contract with EMI/Virgin Records imploded, she took $28 million with her.
How much does Mariah Carey make every December?
Carey is estimated to make about $2.6 million on average from “All I Want For Christmas Is You” each holiday season. The bulk of that comes in the month of December, but as any Lamb knows, Carey’s Christmas domination begins on Nov. 1 each year!
How much did Mariah Carey make on American Idol?
Carey reportedly pocketed a cool $18 million to judge American Idol Season 12 in 2013, but she didn’t enjoy the experience at all, thanks largely to her beef with fellow judge Nicki Minaj.
“That was the worst experience of my life,” Carey confessed on Kyle & Jackie O in 2015. “I’m not going to get into what it was, but let’s just say I don’t think they had any intentions for us to have a good experience doing that show. Pitting two females against each other wasn’t cool… It should have been about the contestants instead of about some nonexistent feud that turned into even more ridiculousness. I would never want to be involved with it again. But everybody else did like it.”
How much did Mariah Carey get from Tommy Mottola?
The details of Carey’s 1998 divorce settlement from Tommy Mottola aren’t publicly known, but here’s what we do know: She was absolutely miserable in their marriage and accused him of essentially holding her hostage and controlling not just her career, but her entire existence while they were together. In her memoir, The Meaning of Mariah Carey, the singer recalled not even being allowed to go to the bathroom in her own home without a guard outside the door, and that Mottola and his crew flipped out just when she had the audacity to go to Burger King with pal Da Brat without clearing it with them first.
She elaborated to Cosmopolitan in 2019, “There was no freedom for me as a human being. You might want to picture a child bride. There was a conscious effort to keep me as this all-American—whatever that means—girl. There was no freedom for me as a human being. It was almost like being a prisoner.”
Mottola was accused of sabotaging Glitter and the soundtrack’s lead single “Loverboy,” giving Carey rival Jennifer Lopez a Yellow Magic Orchestra “Firecracker” sample and a Ja Rule feature for her own debut album, On the 6, after finding out Carey planned on using both (the former for “Loverboy” and the latter on “If We”).
J.Lo and Ja released their hit “I’m Real (Remix)” before Carey could drop “Loverboy,” effectively forcing her to rework the lead single from the album.
You can listen to Carey’s original version of “Loverboy” with the “Firecracker” sample below—it sounds like a completely different song, and it remains to be seen if it would have had a bigger chart impact if there hadn’t been so much interference ahead of its 2001 release.
The freedom Carey found upon her split from Mottola is priceless.
For his part, Mottola said in his memoir, Hitmaker: The Man And His Music, that it was “absolutely wrong and inappropriate” to get involved with Carey, adding that he was “truly sorry for any discomfort or pain that all of my good intentions inevitably caused her, and most of all for the scars it left on my two oldest children.”
How much did Mariah Carey make from Free Guy?
Carey’s payday for using “Fantasy” in Free Guy isn’t known, but Ryan Reynolds chose the track very deliberately. He told Variety that he writes to music and considered using The Outfield’s “Your Love,” but then “Fantasy” came on and it “everything clicked in.”
“I got to speak with Mariah and talked to her a little bit about how much of an engine and an agent of progress that this song had been in terms of our creative process and the scripts,” he said. “She’s just been awesome about it.”
How much money did Mariah Carey make for Sony?
Carey and Mottola separated in 1997, and she broke from Sony Music at the same time. According to The Wall Street Journal, Carey raked in an estimated $250 million for the record label before her exit.
How much did Mariah Carey get paid for Precious?
Considering Mo’Nique, one of the film’s leads, only made $50,000 for Precious (and won an Oscar for it), Carey likely made pocket change for her role as social worker Ms. Weiss—a role that was originally intended for Oscar winner Helen Mirren. She recalled in The Meaning of Mariah Carey that Lee Daniels gave her just one day’s notice for the role, which saw her wearing no makeup at all.
“I was over the moon, but a little freaked out too. I had a little more than one day to prepare,” she wrote. “The entire process of filming was renegade and brilliant. Lee believed in me, and I believed in him. I believed in the remarkable cast, and of course, I believed in the brilliance that was on the page.”
She continued, “I loved working on the film. My management at the time discouraged me from doing it, because it was last minute and low budget, but I knew it was a rare and exquisitely human story. It was also a creative stretch, which was artistically enriching for me. I was so proud to be involved.”
How much did Mariah Carey make for her Christmas special?
Carey has had three Christmas specials so far.
In December 2015, she starred in Mariah Carey’s Merriest Christmas, a Christmas special for the Hallmark Channel that premiered alongside her Hallmark Christmas movie A Christmas Melody with Lacey Chabert and Kathy Najimy.
Switching to Apple TV+, in 2020, she debuted Mariah Carey’s Magical Christmas Special, which featured celebrity guests including Ariana Grande, Jennifer Hudson, Snoop Dogg, and Tiffany Haddish, among others.
In December 2021, her second Apple TV+ special, Mariah’s Christmas: The Magic Continues, dropped with guests Khalid and Kirk Franklin.
And then there was her Christmas concert special in 2022, Mariah Carey: Merry Christmas To All!, which airing on CBS and streamed on Paramount+.
Nothing has been confirmed just yet, but it’s likely that her 2023 Christmas concert series will get some sort of TV or streaming special as well.
How much did Mariah Carey get paid for her Apple special?
Apple TV+ reportedly spent more than $5 million on Mariah Carey’s Magical Christmas Special in 2020. For her 2021 festive special Mariah’s Christmas: The Magic Continues, the budget was reportedly increased, though exact figures aren’t publicly known. It’s not known how much of that cash was for Carey herself and how much she shared with her celebrity co-stars and crew.
How much did Mariah Carey get paid for You Don’t Mess With the Zohan?
Carey played herself in a cameo in 2008’s You Don’t Mess With the Zohan alongside Adam Sandler. In the film, she sings the national anthem at a hacky-sack tournament.
“Mariah Carey, you know her, you love her, she’s a beautiful woman,” Sandler said in a behind-the-scenes snippet. “Beautiful voice!”
It’s not known how much she made for the film, but the movie made more than $200 million worldwide.
How much did Mariah Carey have to pay Nick Cannon?
Mariah Carey and Nick Cannon were married from 2008 until their separation in August 2014. However, Cannon reportedly wouldn’t sign off on their divorce papers until late 2016. In their settlement, Carey doesn’t have to pay Cannon a dime, though Cannon must pay $5,000 per month into a trust for their twins (affectionately dubbed “Dem Babies,” then “Dem Kids,” Moroccan and Monroe). Carey did, however, give Cannon a 2012 Ferrari in the settlement and agreed to pay for lodging and travel for his visits with Roc and Ro.
How much does it cost Mariah Carey to walk out the door?
According to Cannon, Carey’s upkeep is expensive. He said on The Joe Budden Podcast, “Mariah don’t step out of the house. It cost her $150,000, $200,000 just to walk out of the house.”
Cannon explained that those fees included security (which can get very pricey), private jets and a glam squad, among other miscellaneous expenses.
Is Nick Cannon richer than Mariah Carey?
In a word: No. In a few more words: No, especially since he has a lot of child support to pay to the many mothers of his many children.
Cannon has an estimated net worth of $50 million, a good $250 million (or more) less than his ex-wife.
Does Nick Cannon pay child support to Mariah Carey?
One baby mama who does not get child support from Cannon is Carey. He does, however, pay $5,000 per month into a trust fund for their twins.
Does Nick Cannon get alimony from Mariah Carey?
Carey does not pay Cannon any alimony, per their divorce settlement.
Who has more money, JLO or Mariah Carey?
Jennifer Lopez is not wealthier than Carey, who doesn’t know her. Lopez has an estimated net worth of $150 million from her movies, TV work, music, tours and brand endorsements.
How much does it cost to book Mariah Carey?
As Cannon said, Carey won’t even leave the house for less than $150,000, so if you want her to show up at an event or to perform, you’d best believe it’s expensive. She has reportedly been paid upwards of $1 million for some private performances.
How much did Mariah Carey make for the McDonald’s commercial?
While Carey’s specific McDonald’s endorsement payday isn’t known, we do know how much other stars made for their deals with the fast food giant: Travis Scott reportedly made $20 million to have a meal named after him, Justin Timberlake got $6 million to announce he was “lovin’ it,” BTS made an estimated $9 million to endorse the brand, LeBron James made $4 million annually from McDonald’s from 2010 through 2014 and Kobe Bryant made $10 million to endorse McDonald’s in 2010 and 2013. That being the case, we can imagine Carey made at least $1 million to $10 million for her special McDonald’s Christmas menu in 2021.
How much does Mariah Carey make from Spotify?
Spotify pays most artists $0.0037 per stream (which is, let’s be real, highway robbery for most artists). As of this writing, Carey has nearly 26,000,000Â monthly listeners on Spotify. Assuming each listener streams just one song every month for 12 months, Carey makes over $1 million per year from Spotify.
How much does Mariah Carey make from streaming?
Carey’s streaming income includes her aforementioned annual estimated $1 million+ from Spotify. Add to that an estimated average of $0.01 per stream from Apple Music, Amazon Music’s $0.004 per stream, YouTube Music’s $0.008 per stream, Deezer’s $0.0064 per stream and Pandora’s $0.0013 per stream, and Carey earns a mint annually from streaming—though it’s clear why she’d partner with Apple for projects like her Christmas specials over other digital retailers and streamers, which typically underpay most creators.
How much did Mariah Carey get paid for Walker’s?
Reports suggest that Carey took home a whopping $11 million for her 2019 Walkers crisps ad campaign. Her beautiful mug was emblazoned on bags, and she appeared in a commercial for the brand as well. The TV ad finds Carey filming a holiday video set to “All I Want for Christmas Is You,” then giving bizarre gifts to the crew. She then argues with a crew member in an elf costume over the last bag, ultimately winning when she employs her signature whistle note… though she does at least try to share!
Personal Life
In 1993 Mariah married music manager/producer Tommy Mottola. They divorced in 1998. She was married to actor Nick Cannon from 2008 to 2016. They have two children together, twins – a boy and a girl – who were born in April 2011. She was briefly engaged to Australian billionaire James Packer in 2016 and dated singer Luis Miguel between 1998 and 2001.
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Real Estate
For much of the recent decades, Mariah has split her time between a home she rents in Beverly Hills and a triplex apartment in New York City’s Tribeca neighborhood.
In the mid-1990s when she was married to Tommy Mottola, the couple lived in Westchester County, New York on a 51-acre property that featured a 33,000 square-foot mansion. They sold this home in 1998 after breaking up to financier Nelson Peltz (father of Nicola Peltz and father-in-law of Brooklyn Beckham). The home was destroyed in a fire just a year later.
Mariah owns a vacation property in the Bahamas.
In November 2021 Mariah Carey paid $5.65 million for a 4.2-acre property with a 16,000 square-foot Colonial mansion in the Sandy Springs suburb of Atlanta, Georgia. She listed the home for sale in September 2022 for $6.5 million. She ultimately accepted $4.3 million, a $1.35 million loss, in May 2023. Here’s a video tour of the property:
Mariah Carey is NOT Worth $500+ Million
Despite what many sites report (including, as of this writing, Wikipedia) Mariah Carey is not worth $520 million. In fact, as part of their 2015 divorce proceedings we learned from her own legal filings that when Mariah entered the marriage in 2008, she had a net worth of $150 million. In 2008 Nick was worth less than $500,000. Furthermore the filings showed that Mariah earned a total of $6.3 million in 2014 while Nick earned $2.7 million. As part of their eventual settlement, which was undisclosed, Nick was given title to a 2012 Ferrari and forced to pay $5,000 per month to a trust for their twins.
If Mariah was worth $150 million in 2008, in order for her to be worth $520 million today, her gross earnings over the ensuing decade+ would need to be north of $1 billion, which is not the case.
