Shakira is a famous Latin Pop star who has won multiple awards, such as the Grammy and Billboard Music Awards. She’s had many successful hits throughout her career, but what really puts Shakira on top of the list of wealthiest singers in the world is her impressive net worth. In this post, we will take an inside look at how she accumulated her wealth, where it comes from and its estimated value.
Overview of Shakira’s Music Career
Shakira Isabel Mebarak Ripoll first gained recognition for her musical talent when she was just 13 years old. Since then, she has gone on to become one of the most popular Latin Pop stars in the world. Throughout her career, she has released nine studio albums, three live albums, four compilation albums and several singles that have reached international success. Her music style blends various genres including pop, rock, folk and reggae. Her single “Hips Don’t Lie” earned her two Guinness World Records for being the best-selling dance single of all time and the longest running number one song on European Hot 100 chart.
Shakira’s Endorsement Deals
In addition to her music earnings, Shakira also earns money through endorsement deals with companies such as Coca Cola and Nike. In 2008, she signed an 8 year deal with Pepsi that included commercials, billboards and other forms of advertisement featuring her. This lucrative contract earned her an estimated $300 million over its duration. Other endorsements include Reebok, Land Rover, Avon and Sunsilk hair products.
The Highest Grossing Tours of Shakira’s Career
Throughout her career, Shakira has toured extensively to promote her music around the world. Her tours have been some of the highest grossing ones in history, earning over $200 million dollars in total ticket sales. Her 2010 tour alone made a staggering $123 million dollars in revenue. The El Dorado Tour is her latest tour and is set to end this summer after performing across Europe and South America.
Charitable Contributions by Shakira
Shakira is known not only for her music but also for her philanthropic efforts. She established the Pies Descalzos Foundation in 1997 to help provide education to children living in poverty in Colombia. Additionally, she has donated millions of dollars to charities like UNICEF, Kids Wish Network and Global Citizen.
Other Sources of Income for Shakira
In addition to her musical endeavors, Shakira has also dabbled in acting, appearing in films such as Love in the Time of Cholera (2007) and Zootopia (2016). She also wrote a book titled “Tus Besos Son El Manzana de Mi Ojos” which became a New York Times Best Seller.
Shakira’s Properties & Investments
Apart from making money from singing, dancing and writing books, Shakira also invests heavily in real estate. She owns properties in Florida, Bahamas and Spain. In 2009, she bought a luxurious home in Los Angeles which features five bedrooms and six bathrooms spread across 10,000 square feet of space.
Current Earnings from Music Sales
Currently, Shakira makes a significant amount of money through album and single sales. As per Forbes magazine, her recent album sale figures stand at 19 million copies worldwide. Apart from this, she also makes money through streaming services such as Spotify and Apple Music.
Additional Projects That Generate Revenues For Shakira
In 2014, Shakira launched her own lifestyle brand called ‘S by Shakira’. The products available under this brand include fragrances, handbags and jewelry. All these items are sold through department stores and online retailers around the world. Additionally, she opened up a restaurant chain named ‘Casa S By Shakira’ in 2016 which serves Mediterranean cuisine in Mexico City and Madrid.
How Much Does Shakira Make Annually?
As per CelebrityNetWorth website, Shakira currently earns around $60 million annually from her music career and other business ventures. With so many income sources, it is no surprise that she is considered one of the wealthiest musicians alive today.
Estimated Net Worth of Shakira
Taking into account all the factors discussed above, Shakira’s estimated net worth is an astonishing $370 million! It is quite incredible to think about how much she has achieved both professionally and personally within such a short period of time.
To conclude, Shakira’s amazing journey is an inspiration for us all. Through hard work and dedication, she has managed to build a remarkable empire consisting of music sales, endorsement deals, charitable contributions, investments and additional projects that generate revenues for her every year. Now with an estimated net worth of $370 million, there is no doubt that Shakira is indeed one of the richest singers in the world.