Mariah Carey’s Net Worth in 2024 has garnered a lot of interest due to her continued success in the music industry and her lucrative business ventures. Famous for her hit song “All I Want for Christmas,” she continues to be in the spotlight. Her song is a staple in Christmas celebrations around the world, so many fans are curious to know how much the global icon has earned and where her income comes from.
Here you will find out everything you need to know about the singer and all the sources of income she used to amass her fortune.
What is Mariah Carey’s net worth in 2024?
Mariah Carey has an estimated net worth of $350 million in 2024.
Mariah Carey is a superstar known for her incredible voice and chart-topping albums since the 1990s. With over 200 million albums sold worldwide, she is one of the best-selling artists of all time and holds the record for the most number one hits by a female artist in US chart history. Her music continues to resonate around the world, cementing her legacy in the music industry.
Mariah Carey’s earnings explained – how does she make money?
Mariah Carey’s sources of income include music sales, royalties from hits such as “All I Want for Christmas Is You”, lucrative tours, endorsement deals and television appearances.
Music career
Mariah Carey’s music career is extremely lucrative. Blockbuster albums such as Music Box and Merry Christmas have sold millions of copies worldwide. Her Christmas hit “All I Want for Christmas Is You” earns her $600,000 in royalties each year, totaling over $60 million. In addition, her recording contracts, including a record $100 million deal with Virgin Music, have contributed significantly to her wealth. High-profile performances, such as her Las Vegas performance, have also boosted her income, making her one of the top earners in the music industry.
Tours
Mariah Carey makes considerable money from her music tours. Her shows are famous for their stunning stage sets, incredible vocals, and surprise guest appearances. Tours such as Mimi’s Freedom Tour and The Elusive Chanteuse Show have each grossed over $100 million. In addition, her Caution World Tour in 2018 grossed $70 million from just 28 concerts. Fans are willing to pay top dollar to see her live, ensuring her continued success in the music world.
recommendations
Mariah Carey benefits significantly from endorsement deals with major brands. For example, in 2019, she earned $11 million from PepsiCo for a Christmas campaign. Recently, in 2022, she partnered with Chopard to launch two fine jewelry collections. In addition to endorsement deals, Mariah is also a successful author. Her memoir, The Meaning of Mariah Carey, reached number 1 on the New York Times bestseller list shortly after its release in 2020. In addition, she has written two popular children’s books, further diversifying her sources of income.
