Mariah Carey Net Worth: $350 Million (approx.)
| Net Worth: | $350 Million (approx.) |
| Date of Birth: | Mar 27, 1970 |
| Age: | 52 years |
| Height: | 5 ft 8 in (1.75 m) |
| Profession: | Record producer, Singer, Songwriter, Musician, Model, Author, Composer, Actor, Film Producer, Voice Actor |
| Nationality: | United States of America |
Mariah Carey’s Net Worth is around $350 million. Mariah Carey is a global singer, songwriter, record producer, entrepreneur and actress.
Mariah Carey is one of the 15 best-selling musical artists in history having sold over 200 million albums worldwide to date.
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. Mariah has won 5 Grammys, 10 AMAs, and 15 Billboard Music Awards.
KEY FACTS
- Mariah Carey Has sold 200 million albums worldwide
- Mariah Carey Is the second-best sellling female artist of all time
- Mariah Carey Has more #1 songs than any other female artist
- Mariah Carey Was paid $50 million to produce one album for Virgin Records
- Mariah Carey Made $18 million to appear on one season of American Idol
- Mariah Carey Makes $600k a year in “All I want for Christmas” royalties
Mariah Carey “All I Want for Christmas” Royalties
Mariah Carey 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 many 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.
Mariah Carey Virgin Contract:
In April 2001, Mariah Carey left Columbia Records and signed a record-setting $100 million, five-album contract with Virgin Music. That’s around $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 Carey 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. It was a disaster for Mariah and Virgin’s newly-minted $100 million contract.
Virgin was so desperate to free themselves from Mariah Carey that they paid her $28 million to end the contract early. Actually,Mariah Careywas paid nearly $50 million to produce the one album for Virgin.
After being dumped by Virgin, Mariah Carey 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 Carey released one album under Def Jam and then was signed by Epic Records in 2015 where she remains today.
In 2012 Mariah Carey earned $18 million to appear on one season of American Idol.
In 2015 Mariah Carey 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 is Mariah Carey’s Net Worth?:
Mariah Carey net worth is $350 million. When Mariah Carey 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 Carey earned a total of $6.3 million in 2014 while Nick earned $2.7 million.
As part of their eventual settlement,Nick was given title to a 2012 Ferrari and forced to pay $5,000 per month to a trust for their twins.
If Mariah Carey was worth $150 million in 2008, in order for her to be worth $520 million today, her gross earnings over the last 12/13 years would need to be upwards of $1 billion.
Biography of Mariah Carey :
Mariah Carey was born on March 27, 1970 in Huntington, New York. Mariah Carey is of African American, Afro-Venezuelan and Irish descent. Mariah Carey father’s father adopted the last name “Carey” upon moving to New York, changing it from Nunez. Mariah Carey age is 52 years.
Her mother was a one-time Opera singer and vocal coach. The parents separated when Mariah was 3 years old.
Mariah Carey was interested in the arts and music in particular from very early age. Mariah started writing poems and songs while at Harborfields High School in Greenlawn, New York. Mariah graduated from high school in 1987.
At Harborfields, Mariah Carey befriended Gavin Christopher and Ben Margulies, with whom she soon began composing full songs with lyrics and music.
After graduating, while living in New York City, Mariah Carey, Gavin and Ben continued working together to create a full-length demo.
The demo eventually made its way to pop singer Brenda K. Starr. Mariah Carey continued to pass the demo around town while bringing Mariah to various industry galas.
At one such gala, the demo tape was handed off to Tommy Mottola, the head of Columbia Records. He listened to the tape in the car on the way home. After hearing the first two songs he was convinced Mariah Carey would become a star.
It took two weeks to track her down, but when he did Tommy instantly signed Mariah to a record deal and assembled a team to plot her commercial debut.
In Tommy’s eyes, Mariah Carey would be Columbia’s answer to Arista Records’ Whitney Houston.
Mariah Carey Success:
Mariah Carey self-titled debut album was released on June 12, 1990. Columbia reportedly spent $1 million promoting the record. Sales were slow at first but eventually the album would eventually be certified 9X platinum in the US alone, selling more than 15 million copies worldwide.
The album reached number one on the Billboard charts and earned her a Grammy for Best New Artist and Best Female Pop Vocal Performance.
Mariah Carey next album, 1991’s “Emotions” was also huge success but it was her third album, 1993’s “Music Box” that took her career to stratospheric levels.
Music Box spent 128 weeks on the Billboard chart and eventually sold an astonishing 28 million copies worldwide. It is one of the best-selling albums of all time.
Mariah Carey next album “Merry Christmas” was also a monster, selling more than 15 million copies worldwide. Her next three albums would sell 20 million, 10 million and 8 million copies worldwide, respectively.
Mariah Carey Children:
In 1993 Mariah Carey married Tommy Motalla. They divorced in 1998. Carey was in a relationship with singer Luis Miguel from 1998 to 2001
She met actor and comedian Nick Cannon while they shot the music video for her song “Bye Bye” on an island off the coast of Antigua. They were married on April 30, 2008 in the Bahamas.
They have two children together, twin boys who were born in April 2011. Mariah Carey was briefly engaged to Australian billionaire James Packer in 2016 .
In October 2016, she began dating American choreographer Bryan Tanaka.
Mariah Carey Interesting Facts:
- In April 2018, Mariah shared the news about taking therapy sessions and medication for her struggle with bipolar II disorder.
- Mariah Carey was diagnosed in 2001 and initially kept the diagnosis private.
Mariah Carey net worth Summary:
Mariah Carey net worth is $350 million. Mariah Carey is the second best-selling female artist of all time and one of the 15 best-selling artists overall.
Mariah Carey has earned millions of dollars during her career from record contracts,royalties, additional earnings from various media appearances, private performances.