Mariah Carey Net Worth 2023: Mariah Carey is an American singer, songwriter, record producer, and also actress known for her distinctive five-octave vocal range, melodious singing style, and whistle register. However, fans of this singer want to know about Mariah Carey Net Worth 2023, here we will find out what is the net worth of Mariah Carey? How did Mariah Carey grow and make money? Will discuss this.
A report in the New York Post estimates that she earns approximately $3 million every year from singing. In 2021, it was claimed that Carey earned more than $60 million from ‘All I Want for Christmas Is You’. However, Mariah Carey’s net worth largely comes from her being (mostly) the undisputed queen of Christmas. So let us know what is Mariah Carey Net Worth 2023? Let’s take this article forward.
Mariah Carey Career Overview
| Full name | Mariah Carey |
| Date of birth | March 27, 1969 |
| Profession | Singer, songwriter, record producer |
| Place of birth | Huntington, New York, United States |
| Mariah Carey Net Worth 2023 | $340 million (as of November 12, 2023) |
| Education | Harborfields High School |
| Nationality | American |
| Number of albums sold | Over 200 million |
| Number of Grammy Awards | 5 |
| Number of Billboard Hot 100 number-one singles | 19 |
What is Mariah Carey Net Worth 2023?
Mariah Carey has an estimated net worth of $340 million as of November 12, 2023. He is one of the best-selling music artists of all time, having sold over 200 million records worldwide. The majority of Carey’s net worth comes from her music sales, royalties and touring, which we will further explain below What are Mariah Carey Income Sources? And how did she become rich?
- Music sales and royalties: $150 million
- Touring: $100 million
- Business ventures: $50 million
- Real estate and investments: $40 million
Mariah Carey has released 15 studio albums, all of which have been certified multi-platinum in the United States. His Christmas song “All I Want for Christmas Is You” has become one of the most popular and successful holiday songs of all time and he has made a lot of money from it. Carey is also a successful businesswoman which we will further discuss in How did Mariah Carey become rich? And know about Mariah Carey net worth growth.
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Mariah Carey net worth growth Details
However, Mariah Carey’s annual income and financial condition have seen ups and downs over the years. Here you can see how much Mariah Carey’s worth has increased in the last twenty-five years.
| YEAR | Mariah Carey net worth growth |
|---|---|
| 2023 | $340 million |
| 2022 | $320 million |
| 2021 | $300 million |
| 2020 | $300 million |
| 2019 | $290 million |
How does Mariah Carey make money?
Mariah Carey has become wealthy through her successful career in the music industry and that includes a lot of hard work on her part. Mariah Carey has released 15 studio albums, all of which have been certified platinum or multi-platinum by the Recording Industry Association of America (RIAA). Here’s how Mariah makes money.
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Music
Mariah Carey is also a recording artist. Mariah Carey has sold over 200 million records worldwide.
Mariah has released 15 studio albums, all of which have been certified platinum or multi-platinum by the Recording Industry Association of America (RIAA).
She earns royalties on each record sold, which is a significant portion of her income.
Mariah Carey has written or co-written many of her songs, which has also seen an increase in her income.
Production
Mariah Carey has produced several of her own albums as well as albums for other artists. Carey earns fees for her production work which adds to her total income.
Touring
Mariah Carey is a popular live performer who tours regularly. In this, she also earns a good amount of money from ticket sales, merchandise sales and sponsorships and this is also a part of Mariah Carey Net Worth.
Endorsements
Along with her music career, Mariah has signed endorsement deals with several high profile brands as follows:
Mariah Carey has endorsed a variety of products over the years, including Pepsi, McDonald’s, and Visa, with these endorsements earning her millions of dollars. Meanwhile, Mariah Carey has also launched her own product line, which includes a perfume line, a clothing line and a home goods line.
How much does Mariah Carey make per year?
Talking about Mariah Carey’s annual income, based on her tour schedule and her new music releases, it cannot be said with certainty how much she would earn in a year. Mariah Carey who usually earns between $20 to $30 million per year.
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Where does Mariah Carey spend her money?
Mariah Carey is a very rich woman, which we have told about Mariah Carey Net Worth 2023. However, Mariah spends her money on various things such as real estate (a mansion in Los Angeles, a house in the Hamptons and a private island in the Bahamas), luxury goods (luxury items like designer clothes, jewelery and cars), travel. Doing (Maldives, Bora Bora and St. Barts), donating (Make-A-Wish Foundation, Elton John AIDS Foundation and Children’s Defense Fund) and investing.
What are Mariah Carey’s biggest expenses?
Some of Mariah Carey’s biggest expenses include her lavish lifestyle, her team of employees, and her charitable donations. She is known for her expensive taste in clothing, jewelry, and homes. Additionally, Mariah Carey is a generous philanthropist and donates millions of dollars to various charities every year.