Mariah Carey’s net worth in 2024 has generated significant interest due to her ongoing success in the music industry and lucrative ventures. Famous for her hit “All I Want for Christmas,” she continues to be a prominent figure in the spotlight. Her song is a mainstay of Christmas celebrations around the world. Consequently, many fans are eager to know how much the global icon has earned and the sources of her income.
Here is everything you need to know about the singer and all the sources of income through which she has accumulated her assets.
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 ever and holds the record for the most number-one songs by a female artist in U.S. chart history. Her music continues to resonate globally, solidifying her legacy in the music industry.
Mariah Carey’s earnings explained — how does she make money?
Mariah Carey’s income sources include music sales, royalties from hits like “All I Want for Christmas Is You,” lucrative tours, endorsements, and TV appearances.
Music Career
Mariah Carey’s music career is highly lucrative. Blockbuster albums like Music Box and Merry Christmas have sold millions worldwide. Her holiday hit “All I Want for Christmas Is You” earns about $600,000 each year in royalties, totaling over $60 million. Additionally, her record deals, including a record-setting $100 million contract with Virgin Music, have greatly contributed to her wealth. High-profile gigs, such as her Las Vegas residency, have also boosted her earnings, making her one of the top earners in the music industry.
Tours
Mariah Carey earns substantial income from her music tours. Her shows are famous for their amazing stage setups, incredible singing, and surprise guest appearances. Tours like Mimi’s Freedom Tour and The Elusive Chanteuse Showhave each grossed over $100 million. Furthermore, her Caution World Tour in 2018 brought in $70 million from just 28 concerts. Fans are willing to pay top dollar to see her live, which ensures her continued success in the music world.
Endorsements
Mariah Carey significantly benefits from endorsements with major brands. For instance, she earned $11 million from PepsiCo for a Christmas campaign in 2019. Recently, in 2022, she partnered with Chopard to launch two fine jewelry collections. Beyond endorsements, Mariah is also a successful author. Her memoir, The Meaning of Mariah Carey, hit No. 1 on The New York Times Best Seller list shortly after its release in 2020. Additionally, she has written two popular children’s books, further diversifying her income sources.
