Mariah Carey Net Worth

Mariah Carey is an iconic singer, actress, record producer, and songwriter labeled “Songbird Supreme” by the Guinness Book of World Records. She is primarily famous for her all-time Christmas hit song, ‘All I Want for Christmas is You.’

Her other popular songs are ‘Touch My Body,’ ‘Obsessed,’ ‘Emotions,’ ‘It’s a Wrap’ and ‘Without You.’ She became famous for her trademark whistle register, singing style, and signature vocal range ranging from lower to very high.

Apart from her music career, she had a decent acting career after appearing in movies like Precious, All I Want from Christmas is You, The Butler, and Glitter. She also became famous after having personal altercations with the rapper Eminem and marrying rapper Nick Canon.

In this article, we will learn about her net worth, income, spending, and investments.

Mariah Carey’s net worth, earnings, and endorsements

Carey’s net worth is estimated to be approximately $350 million as of 2023. Her primary source of income is from her very successful music career. Over the years, she has sold over 250 million albums worldwide.

She is only behind Madonna as the second-highest-selling female singer, but she holds the record for having the most number-one singles of any other female singer in the world. She started gaining popularity immediately with her self-named debut album, which she signed with Columbia Records.

Mariah Carey’s net worth (Credit: Instagram)

She continuously gave five back-to-back number-one hits before leaving Columbia Records for Virgin Records in one of the most lucrative record deals ever. She signed a massive $50 million deal with Virgin Records, which included $28 million for leaving Columbia Records and an additional $22 million for signing on with them.

After ending her current deal, she signed an additional five-year contract worth $100 million, but Virgin Records decided to cut the agreement after just one year. However, Carey was not sad, as she bagged hefty compensation and had a chance to perform in the Super Bowl.

Her peak career ranged from 1996 to 2006, during which she made over $60 million from just album sales and over $100 million from concert, tour, and merchandise sales. She is regarded as the queen of Christmas since her one song, All I Want from Christmas is You, has been No. 1 for many years.

She has earned lucrative earnings from her Christmas song but has not revealed how much she made from it. She also makes additional income from several endorsement deals with Elizabeth Arden, AT&T, Dior, Aeon English College, and Dolce & Gabbana, among others.

To this date, she has not revealed the exact amount she makes from endorsements, but that amount is undoubtedly quite a high figure.

Mariah Carey’s assets, expenses, and investments

As mentioned earlier, Carey has accumulated massive wealth over the years, so naturally, she has spent on acquiring plenty of assets and expenses. According to many reliable reports, she has an uncontrollable habit of overshopping for various branded and exotic items.

She is also heavily addicted to Champagne and makes several purchases to acquire the expensive liquor. The reports indicate that she has the habit of spending over $1 million every time she goes shopping. She frequently drops $25,000 to $75,000 on various branded liqueurs, including Champagne.

She has also spent most of her income on acquiring some of the best real estate. She currently lives in a multi-million-dollar mansion in Beverly Hills, along with her husband and her twin children. Although she has not revealed how much she paid for the lavish property, the amount is sure to be quite high.

Other than her gorgeous mansion in Beverly Hills, she also possessed a mansion in Atlanta. However, when the family was not residing on the said property, it was burglarized, which created huge security for her. She promptly decided to sell that property, even if it meant suffering over $2 million in losses.

Her other real estate properties include Sing Sing Estate, which lies across 50 acres of land. She also has a lavish penthouse in New York City, where she often spends whenever she wants to relax or if she is visiting New York.

Carey is not limited to spending on expensive shopping and real estate but also loves to acquire expensive and sophisticated cars. Currently, she possesses several varieties of cars in her garage, like the Mercedes SLK, Rolls Royce Phantom, Rolls Royce Drophead, Lamborghini Huracan Spyder, and Bentley Continental G.T. Convertible.

She has some of the most expensive cars in her garage, whose combined value totals over $2 million. Similarly, she has also spent some portions of her income on investments by buying stock or shares of various profitable companies.

Mariah Carey’s parents, husband, and children

Mariah was born in Huntington, New York, on March 27, 1969. Her father’s name was Alfred Roy Carey, and her mother’s name was Patricia Carey. Her parents were big fans of the Broadway musical and loved the song They Called the Wind Maria, from which her name was derived.

She is the youngest of three siblings, with an older sister named Alison Carey and an older brother named Morgan Carey. When she was young, she went to Harborfields High School, where she began to write poetry and songs.

Although her mother was a musician and opera singer, she never pressured her kids to follow in her career footsteps. However, it was natural for Mariah, as she was in love with her mother’s singing.

Carey first started dating music producer and executive Tommy Mottola and eventually got married in 1993. Just four years after their marriage, he started to become more controlling, which resulted in their divorce. She got into a huge online altercation with rapper Eminem when she accused him of obsessing about her.

Eminem has then admitted in multiple songs that they have occasionally hooked up but were never in a serious relationship. She married another rapper, Nick Canon, in 2008, which gained huge public and media attention.

However, the relationship only lasted for six years, as Canon filed for divorce in 2014 and eventually got the divorce in 2016. She is currently in a relationship with choreographer Bryan Tanaka, but they have decided to keep their relationship private.

Conclusion

Hence, Carey is one of the biggest female singers, actresses, and musicians in the world. She has one of the highest net worths in the industry due to her musical success.