Exploring Shakira's wealth: Her net worth and most luxurious possessions
From her music empire to her extravagant assets, join us on a journey to uncover the wealth and lavish lifestyle of the beloved artist.
Updated : October 20, 2023 05:28 PM ISTFrom her music empire to her extravagant assets, join us on a journey to uncover the wealth and lavish lifestyle of the beloved artist.
Shakira (Source: Variety)
Shakira's hips are famous for not lying, but her bank account is equally renowned for its never-ending flow. This pop sensation has been an icon for decades, and her immense success is a testament to her talent and hard work.
With a career spanning from the 1990s to the present, Shakira's fame and fortune have reached unprecedented heights. So, just how much is Shakira worth in 2023? Let's dive into the details and uncover the various avenues through which she has amassed her wealth.
Shakira's Staggering Net Worth
Shakira's journey to superstardom began at the age of 13 when she signed with Sony Music. Her initial albums were released in her native Colombia, setting the stage for her early success.
However, it was in the early 2000s that she made her breakthrough into the English-language market with her album "Laundry Service." The chart-topping hit "Hips Don't Lie" in 2005 catapulted her to international mega-stardom.
In 2012, Shakira struck a lucrative $30 million deal with Live Nation and Sony, spanning the release of her next three albums, as reported by The Hollywood Reporter. Under this agreement, sales proceeds were divided between the two companies.
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The Iconic Music Catalog:
In 2021, Shakira made a significant move by selling her music publishing rights to Hipgnosis Songs Fund Limited. While the exact selling price of her catalog hasn't been disclosed, it's safe to assume it reached the mega-millions.
Shakira's music has been a continuous source of substantial income throughout her career. In 2012, Forbes recognized her as one of the top-earning female artists, with earnings totaling approximately $20 million. Her financial success continued to soar in 2019, where she once again made Forbes' list, raking in an impressive $35 million.
Luxurious Real Estate
Shakira is no stranger to luxurious real estate, boasting an array of stunning properties. One of her notable residences is a nearly 21,000-square-foot mansion located in Miami, which was listed for sale in 2021.
In addition to her Miami mansion, Shakira owns properties in other exquisite locations around the world. These include homes in Barcelona, Spain, as well as in Uruguay. Notably, she also possesses a private island in the Bahamas, further attesting to her lavish lifestyle and global footprint.
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Fashion and Merchandise
Shakira's diverse business ventures reflect her entrepreneurial spirit and success beyond her music career. She has ventured into various sectors, including fragrances, lingerie, toys, and philanthropy.
Her perfume line boasts more than ten fragrances, with 12 currently available for purchase on her website, each reflecting a different facet of her style. Additionally, her lingerie collection with Parade Underwear showcases her influence in the fashion world, promoting body positivity and sustainable fashion.
Philanthropy
Her philanthropic efforts are channeled through her foundation, the Barefoot Foundation, which focuses on improving education and healthcare for underprivileged children worldwide. These diversified investments underscore her versatility and business acumen, complementing her musical career with successful ventures in various industries.
Shakira's remarkable journey extends far beyond her music career, venturing into an array of business sectors. From fragrances and lingerie to toys, real estate, philanthropy, healthy snacks, and sustainable fashion, she exemplifies versatility and a keen entrepreneurial spirit.